IRS and CA Extend Tax Deadline for California Storm Victims
The IRS has issued a notice allowing an extension until May 15, 2023, for California storm victims to file federal individual and business tax returns and make the associated payments. The extension...
View ArticleSilicon Valley Bank & Safe Cash
Silicon Valley Bank Failure As you may have heard on Friday, the FDIC took over Silicon Valley Bank (SVB) sending investors and the banking community into panic mode. Ara has extensive experience in...
View ArticleA Comprehensive Guide to Eligible 529 Plan Expenses: Maximizing Your...
529 plans are an excellent tool for saving for future education expenses, offering numerous tax advantages and flexibility. These state-sponsored investment accounts are designed to help families and...
View ArticleWhat to Do with Your Cash Now
For over a decade, savers found themselves grappling with meager interest rates, compelling them to venture into riskier assets in the pursuit of higher yields on cash. Finally, the Federal Reserve’s...
View ArticleYear-End Tax Strategies
As the year draws to a close, it’s the perfect time to take stock of your finances and implement some strategic moves to minimize your tax liability and optimize your investment portfolio. By planning...
View ArticleHow to Invest in Artificial Intelligence (AI)
Artificial Intelligence (AI) is currently making significant waves in the technology industry. Numerous semiconductor and tech giants are channeling substantial investments into AI, and it’s evident...
View ArticleUnderstanding LA County Property Taxes: Assessment Process and Effective...
By: Ara Oghoorian, CFA, CFP, CPA Updated: November 14, 2023 Do you feel that your property taxes are higher than they should be? Real estate values are starting to decline because interest rates have...
View ArticleHow to Qualify for Trader Tax Status
By: Ara Oghoorian, CFA, CFP, CPA Updated: November 24, 2023 If you trade a substantial amount of securities on a regular basis, you may qualify for Trader Tax Status (TTS) and be able to deduct...
View ArticleUnderstanding the Implications of the Corporate Transparency Act: New...
A new law became effective on January 1, 2024 that will impact nearly all small businesses in the US. In a bid to enhance transparency and combat illicit financial activities, the United States...
View Article5 Innovative Ways to Diversify Your Portfolio
Exploring Alternative Investments Diversifying your portfolio with alternative investments can be a smart move to reduce risk and potentially increase returns. Alternative investments refer to assets...
View ArticleUnderstanding ETFs and Their Benefits
ETFs, or Exchange-Traded Funds, are investment funds that trade on stock exchanges, similar to individual stocks. They offer investors a way to gain exposure to a diversified portfolio of assets, such...
View ArticleStocks and the Inflation Data Rally: What’s Next?
Understanding the Inflation Data Rally The inflation data rally refers to the recent surge in stock market prices in response to positive inflation indicators. Inflation data, such as consumer price...
View ArticleHow are Treasury Bills (T-Bills) Taxed?
For a long time homeowners loved the near zero interest rates on purchases and refinances, but unfortunately savers were forced to take additional risk to earn more money because banks paid very...
View ArticleWorthless Stock Deduction
No one likes losing money on a stock, but sometimes it happens. You pick a hot stock you think has great potential but then it crashes and becomes worthless. You hold on hoping for it to recover, but...
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