The Corporate Transparency Act: What Business Owners Need to Know

Buckingham Strategic Partners • November 1, 2024

Business owners, are you sure you’re in compliance with the Corporate Transparency Act? In January, penalties will begin if you haven’t filed an initial report with your ownership details.

The Corporate Transparency Act (CTA), enacted in 2021, aims to curb illicit activities such as tax fraud, money laundering, and terrorist financing by requiring more detailed ownership information for certain U.S. businesses. Under this legislation, businesses that meet specific criteria must file a Beneficial Ownership Information (BOI) Report with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), identifying individuals linked to the reporting company.

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2025 Tax Planning: Considerations and Opportunities

By Buckingham Strategic Partners • December 2, 2024

As we move into 2025, the key tax question is the future of the 2017 Tax Cuts and Jobs Act (TCJA), which introduced significant changes to the tax code with provisions set to expire at the end of next year. Following the 2024 election, which resulted in Republican control of the White House, the Senate,...

Navigating Conversations About Inheritance With Adult Children

By Buckingham Strategic Partners • November 21, 2024

With families gathering and adult children returning home for the holidays, this could be a good time to initiate an important conversation with them about family legacy planning and wealth transfers. While this conversation can be difficult, it’s best to be fully transparent about your intentions and your adult children’s role in your estate planning....

Cybersecurity and Social Media: Keeping Your Financial Information Safe

By Buckingham Strategic Partners • November 18, 2024

While social media can be a fun way to stay connected with friends and family, it does come with some financial risks. This article explains how your personal information can be at risk through your social media accounts and provides tips to protect yourself. Did you know that around 60% of the global population uses...

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5 Financial Decisions to Consider Before Year-End

By Buckingham Strategic Partners • November 13, 2024

In this episode of Buckingham Perspectives, Chief Investment Officer Kevin Grogan covers five key financial items that may need your attention before the year is up. Make intended retirement plan contributions. For employer-sponsored accounts, like a 401(k) account, be sure to make your contributions before December 31, especially if your employer offers a match. The...

Romance in Retirement: Financial Considerations When Marrying Later in Life

By Buckingham Strategic Partners • October 21, 2024

Finding a partner whom you love and want to spend your life with is such a beautiful thing. However, for those in retirement, deciding whether to get legally married comes with unique decisions and possible ramifications, both good and bad. Before you reach out to a wedding planner, it may be wise to talk with...

The Economic Outlook for Q4 2024

By Buckingham Strategic Partners • October 14, 2024

The U.S. economy has proven to be more resilient than expected, despite months of predictions about an upcoming recession. Many commentators have expected a downturn since the yield curve inverted in the spring of 2022. Now, the yield curve is steepening, with 10-year Treasury yields finally rising above two-year yields. Recent data has shown the...

A shopping cart with a dollar bill in it.

Quarterly Outlook: Inflation Continues to Moderate, Fed Policy Shifts

By Buckingham Strategic Partners • October 9, 2024

Main Takeaway The economy has remained resilient, with strong real GDP growth in the second quarter and inflation easing in the U.S. and globally. However, the economy is beginning to show some signs of stress, as unemployment has started to tick up and job growth has slowed. Against this backdrop, Federal Reserve Chair Jerome Powell...

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What Kind of Returns Can You Anticipate from Your Portfolio?

By Jared Kizer, CFA • October 7, 2024

When building an investment portfolio, clients commonly ask what rate of return is reasonable to expect over the long term. Related to that point, clients often wonder why their portfolio’s returns may be different relative to well-known benchmarks, or indexes like the S&P 500. Let’s dig into both. What rate of return is a fair...

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Are Risk and Return Always Related?

By Buckingham Strategic Partners • October 1, 2024

A fundamental principle of investing is the risk-return tradeoff. When you accept more risk, you should expect higher rewards. But is this always true? And how should it guide your investing decisions? Most investors understand that risk and return are related. Take bonds and stocks, for example. While bonds typically offer lower returns than stocks,...

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How to Align Your Charitable Giving With Your Values

By Buckingham Strategic Partners • September 23, 2024

Sara sighed as she stared at the stack of envelopes on her desk, the ones from the charities she had given to in the past. Next to it lay a blank page titled “2024 Giving Plan.” She had promised herself this year would be different – she'd have a clear strategy for her donations. But...