Federal, state, and local governments have extended a number of deadlines amid the coronavirus pandemic. Here are just a few of the deadlines that have been affected. Federal and state income taxes The IRS has postponed the due date…
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Advisor Insights Market News Weekly Market Commentary
Is it more likely that the markets will plunge from here, or are they likely to continue to recover?
Written by: Benjamin Bimson CIMA®, CMT® / CIO, BCJ Financial Group There is no shortage of guessing these days as to what our future may look like. Some guesses are rosy. Some are dark and cloudy. What we do…
Advisor Insights Market News Weekly Market Commentary
9 Rules That Encourage Successful Investment Strategies
Written by: Benjamin Bimson CIMA®, CMT® / CIO, BCJ Financial Group No one has 100% certainty of where we are headed next, so having a framework to make decisions is far better than “investments-by-feeling.” Sometimes the current situation feels…
In this month’s recap: The CARES Act moves to assist Americans quarantined by COVID-19, providing relief with a $2T stimulus package; markets worldwide react to coronavirus-related volatility. THE MONTH IN BRIEF The Coronavirus Aid, Relief, and Economic Security (CARES)…
On March 20, 2020, the Department of Education announced terms for student loan relief for tens of millions of borrowers in response to COVID-19.1 Here are answers to some questions about the new rules. For more information and to follow…
Distributions can be waived in 2020 for Inherited Accounts, 401(k)s, and IRAs. Recently, the $2 trillion “Coronavirus Aid, Relief, and Economic Security” (“CARES”) Act was signed into law. The CARES Act is designed to help those most impacted by…
Financial Planning Market News
Due Date for Federal Income Tax Returns and Payments Postponed to July 15
Due to the coronavirus pandemic, the due date for filing federal income tax returns and making tax payments has been postponed by the IRS from Wednesday, April 15, 2020, to Wednesday, July 15, 2020. No interest, penalties, or additions…
Advisor Insights Market News Weekly Market Commentary
Market Update: Impact of social distancing and sudden economic stops
Written by: Benjamin Bimson CIMA®, CMT® / CIO, BCJ Financial Group This crisis is affecting us all. The good news is that nobody is hiding from this one. New statistics are coming off the press at a nearly unprecedented…
In this month’s recap: The coronavirus becomes the leading news story in the financial markets, sending stock indices and Treasury yields lower; oil futures slide; consumer confidence, hiring, and manufacturing data offer bright spots. THE MONTH IN BRIEF In…
Written by: Benjamin Bimson CIMA®, CMT® / CIO, BCJ Financial Group Fear is a powerful motivator. And this week we all came face to face with a bear. I was reminded this week of a camping trip in Lake…