August 2022
Our Take on Direct Indexing
Submitted by Desmond Wealth Management, Inc. on August 23rd, 2022Just when you thought there were no more financial innovations to be made, a (sort of) new one has been receiving extra attention lately in the financial press: direct indexing. If you’ve read about it, you may be wondering what it is, how it works, and whether you should consider it for your own investments.
Claim Your 2020 and 2021 ERC Now (Yes, in 2022)
Submitted by Desmond Wealth Management, Inc. on August 17th, 2022Market-Timing Traps and Temptations
Submitted by Desmond Wealth Management, Inc. on August 7th, 2022You May Receive an IRS Form 1099-K This Year
Submitted by Desmond Wealth Management, Inc. on August 1st, 2022Effective for 2022 and later years, Congress reduced the threshold for the Form 1099-K filing requirement from $20,000 to a mere $600. So, you might ask, what does that have to do with me? This change can impact taxpayers in several ways, some unexpected, so you may find yourself in for a surprise that can be unpleasant in some situations.