January 2018 Newsletter
  We hope 2018 is off to a great start.
Stock Market Commentary
graphic illustration of stock market bull and bear concept
Much has been said about the robust stock market in 2017. Combined with the strong start to 2018, the press is abuzz with predictions ranging from further gains to significant corrections. 

We try to tune out the news and focus on the fundamentals. From a historic perspective, we are not likely to see such gains in stocks in 2018. However, absent a geo-political event, we are not likely to see a melt-down either. As always, we encourage diversification to help smooth out the ups and downs of markets over time. 

Is there something you could be doing now to plan for the future? The prudent course of action is to talk with your financial adviser, review your investment strategy and make sure your risk level is in line with your current situation and goals. Changes in markets and changes in your own situation occur over time, which is why it is important periodically to touch base with your adviser and review your investment strategy.
Key Provisions of the New Tax Law
Business hand with scissors cutting Tax word on red paper
1.       Bigger Standard Deductions and Elimination of Personal Exemptions
The Standard Deduction has nearly doubled to $12,000 for Single and $24,000 for Married. Individuals age 65 and older and the blind get an additional $1,600 for Single and $2,600 for Married.

2.      Personal Exemptions have been eliminated ($4,050 per person in 2017).

Important Dates for Tax Year 2017
January 29, 2018
The IRS will begin accepting tax returns. However, most taxpayers will not yet have received all of their necessary tax forms.

January 31, 2018
Deadline for employers and small businesses to furnish to employees and file copies of Forms W-2.

February 15, 2018
TD Ameritrade expects 1099’s to be mailed and available online by this date, which is in compliance with the IRS deadline. You may receive your form earlier.

April 17, 2018
The filing deadline for 2017 returns.
The last day to contribute to a Traditional/Roth IRA for 2017.

Dont Miss the Deadline
Cryptocurrency physical gold bitcoin coin near bitcoins
All That Glitters is Bitcoin
You can imagine the number of questions we field around the topic of investing in Bitcoin and other so-called cryptocurrencies. To start, I have not personally invested, nor have I recommended this to any clients for investment.

What Is Cryptocurrency?
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