The SD-PFS*Ticker
Vol 9, Issue 1
March 2018

The Merriam-Webster dictionary defines the word as an intransitive verb meaning "to become changed for the better." There's no question the recent tax reform bill has made the first substantive changes to our tax laws in more than 20 years, but many are questioning whether the changes are, in fact, for the better.

There is a lot of information out there concerning the recent changes, but we've created a graphic outline of the important points below. We've also included a link to a white paper created by the tax professionals of Schneider Downs & Co., Inc. you might find of interest. As always, please feel free to call us with any questions or comments at 412-697-5331

Guide To The Tax Cuts and Jobs Act of 2017
by: James Moyer and Alissa Shawl

Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as investment, tax or legal advice.  Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary.  Therefore, the information should be relied upon when coordinated with individual professional advice.

For More Information

Schneider Downs & Co., Inc. has authored an excellent white paper distilling the details of the Tax Cuts and Jobs Act into something that makes sense to all of us.  We encourage you to read it  here .

Cyber Security Tip

With tax season in full swing, tax scams are as well. The recent large data breaches mean we could all potentially be compromised. A new twist has the fraudster filing in your name, depositing the refund to your account, then calling you posing as the IRS and asking for the funds to be returned. Since you had not actually filed, you comply, giving the fraudster the funds. Remember, the IRS will never contact you via phone or email. 

What We're Reading
The Woman Who Smashed Codes
By:  Jason Fagone
Recommended by: Vicky Rogers

This is a true story based on the life of Elizebeth Smith, a young Quaker schoolteacher and poetry scholar who  played an integral role in our nation's history-from the Great War to the Cold War. The author traces Elizebeth's developing career through World War I, Prohibition, and the struggle against fascism. She helped catch gangsters and smugglers, exposed a Nazi spy ring in South America, and fought a clandestine battle of wits against Hitler's Reich, cracking multiple versions of the Enigma machine used by German operatives to conceal their communications. And through it all, she served as muse to her husband, a master of puzzles, who astonished friends and foes alike. Inside an army vault in Washington, he worked furiously to break Purple, the Japanese version of Enigma-and eventually succeeded, at a terrible cost to his personal life.  Rich in detail,  The Woman Who Smashed Codes  pays tribute to an unsung hero whose story belongs alongside those of other great female technologists, like Ada Lovelace and Grace Hopper, and whose oft-hidden contributions altered the course of the century.

Our Team is Growing!

We're excited to introduce you to our two new
Associate Investment Advisors, Alissa M. Shawl and
James R. Moyer, CFP®. Some of you have already spoken with them, and we're looking forward to introducing them to all of you. Please visit our website to learn more about their backgrounds.