Skip to main content

  • Home
  • About 
    • An Integrated Solution
    • Our Team
    • Referrals
  • Our Services 
    • What We Do
    • Investment Consulting
    • Ongoing Strategic Planning
    • Tax Management
    • Investment Philosophy
    • Advance Planning Philosophy
    • Fee Structure – Our Value to You
  • Resources 
    • WealthMatters Blog
    • Market Reports
    • Videos
  • Client Login
  • Contact

Desmond Wealth Management, Inc.

 

WealthMatters
Blog

    You are here

  1. Home
  2. Archived Blog
  3. January 2022

January 2022

Another Challenging Tax Season for IRS and Taxpayers?

Submitted by Desmond Wealth Management, Inc. on January 31st, 2022

This could be another challenging tax season for the IRS and taxpayers. Although this year’s filing season opens on January 24, 2022 (i.e., it is the first day the IRS will accept and start processing 2021 returns), the Service still has a backlog of prior year returns to process and is plagued by staff shortages due to the pandemic and reduced funding in the last few years.

Tags:
  • Stimulus Payments
  • Tax Credit
  • tax return
  • Read more

Protecting What’s Yours (After You Pass) Part 1: The Importance of Estate Planning

Submitted by Desmond Wealth Management, Inc. on January 17th, 2022

Fact: When you pass, you will leave behind an estate, and somebody will need to settle it. Your estate may be worth a little or a lot, but there’s no escaping death and taxes.

So why do so many families put off their essential estate planning until push comes to shove?

 

Estate Planning Is an Act of Love

Tags:
  • Estate Planning
  • Read more

Advance Child Tax Credit and EIP Must Be Reconciled on Your 2021 Return

Submitted by Desmond Wealth Management, Inc. on January 13th, 2022

Early in 2021, Congress passed the American Rescue Plan Act which included a provision that increased the child tax credit amount and upped the age limit of eligible children. Under ARPA, the maximum amount for the Child Tax Credit (CTC) was increased from $2,000 to $3,600 for each child 5 years old and under. For children ages 6 - 17, the maximum increased to $3,000.

Tags:
  • Stimulus Payments
  • Tax Credit
  • tax return
  • Read more

QUARTERLY MARKET REVIEW - Q4 2021

Submitted by Desmond Wealth Management, Inc. on January 6th, 2022

Today, in a whole new year, let’s talk about parts versus wholes. The theme is hardly new, but it bears repeating, lest we forget how essential they both are — to each other, to us, and to our financial well-being.

Tags:
  • investment
  • Portfolio goals
  • Quarterly Market Reviews
  • Stock Market
  • Read more

SPACs, NFTs and Other Jungle Creatures

Submitted by Desmond Wealth Management, Inc. on January 4th, 2022

“The American marketplace is an economic jungle. As in all jungles, you easily can be destroyed if you don’t know the rules of survival… but you also can come through in fine shape and you can even flourish in the jungle — if you learn the rules, adapt them for your own use, and heed them.” — Sylvia Porter

Tags:
  • investment
  • NFTs
  • Portfolio goals
  • SPACs
  • Stock Market
  • Read more

Tax Planning in Turbulent Times Part 3: Tax-Wise Financial Planning

Submitted by Desmond Wealth Management, Inc. on January 3rd, 2022

In our last two pieces, we covered some tools of the tax-planning trade, as well as how to deploy them for tax-efficient investing.

However, tax planning isn’t just for your investments. Life happens. Often, we cannot predict its next moves, but we can weave each event into the tax-planning fabric of your financial life.

Tags:
  • Financial
  • Tax Planning
  • Read more

Recent Blog Posts

  • Are You Confused About Investment Costs? Part 2: Custodian/Brokerage Costs
  • Wow! You Can Now Get a Tax Credit For Buying a Used Electric Vehicle
  • Unsung Money Mentors: The Legacy Dan Wheeler Left Us

Archived Blog

  • March 2023 (4)
  • February 2023 (2)
  • January 2023 (4)
  • December 2022 (5)
  • November 2022 (3)
  • October 2022 (6)
  • September 2022 (3)
  • August 2022 (5)
  • July 2022 (4)
  • June 2022 (4)
  • May 2022 (6)
  • April 2022 (5)
  •  
  • 1 of 8
  • ››

Categories

  • 401(k) (6)
  • 529 Plans (4)
  • Accounting (1)
  • Asset Location (2)
  • Budgeting (3)
  • Business (18)
  • Business Tax Law (6)
  • Charitable Giving (5)
  • Children (4)
  • COVID-19 (4)
  • Cryptocurrency (5)
  • Cybersecurity (3)
  • DAF (Donor-Advised Fund) (1)
  • Depreciation (1)
  • Direct Indexing (1)
  • Disaster Tax Relief (1)
  • Diversification (6)
  • Dividends (1)
  • Education Funding (2)
  • Elections (1)
  • Emergency Fund (3)
  • ESG Investing (3)
  • Estate Planning (8)
  • Family (2)
  • Financial (38)
  • Financial Education (1)
  • Financial Planning (13)
  • FinCEN (1)
  • Gift Tax (1)
  • HSA (Healthcare Savings Account) (3)
  • I Bonds (3)
  • Inflation (12)
  • Interest Rates (2)
  • investment (85)
  • Investment Advisor (9)
  • Investment Costs (3)
  • IRS Safe Harbor (1)
  • Loans (1)
  • Medicare (3)
  • NFTs (1)
  • Paycheck Protection Program (2)
  • Planning (20)
  • Portfolio goals (166)
  • Quarterly Market Reviews (11)
  • Recession (3)
  • Rentals (1)
  • Retirement (22)
  • Risk Tolerance (3)
  • Roth IRA (14)
  • Savings (3)
  • Scams (2)
  • Social Security (3)
  • SPACs (1)
  • Stimulus Payments (3)
  • Stock Market (37)
  • Stock Market Indexes (5)
  • Tax Credit (9)
  • Tax Deductions (6)
  • Tax Gain Harvesting (1)
  • Tax Law (16)
  • Tax Planning (30)
  • Tax Reductions (11)
  • tax return (48)
  • Tax-Loss Harvesting (1)
  • Trading Costs (2)
  • Traditional IRA (5)
  • Withholding (1)
  • Year-End (7)

 Stop the UNCERTAINTY! Let's Grab Coffee

get our blogs emailed straight to you

Contact Us

Let’s sit down over a cup of coffee and talk.

Phone: (925) 932-1994
Fax: (925) 940-9500
 

Email: Info@desmondwealth.com 

1850 Mt. Diablo Blvd., Suite 630, Walnut Creek, CA 94596

Get Directions

Subscribe to Our Monthly eNewsletter

* indicates required

View previous campaigns.

 
 

 

  • Sitemap
  • Legal, privacy, copyright and trademark information

© 2023 Desmond Wealth Management, Inc. . All rights reserved.

Website Design For Financial Services Professionals