March 2019 Newsletter

Posted on March 26th, 2019 | By Timothy Fullerton, Sr. | Tags: Newsletter h

Yes, spring is on its way….

Here are some of the things you can look forward to seeing.  Flowers, no snow, warmer temperatures, Brexit finishing (one way or another), China tariffs slowing down the economy (particularly in agriculture), No new progress on North Korea (who does a billion dollar nuclear build up and says, let’s give it up.) More tariffs on Europe and the start of a growing season.

As to tax law changes, you should have noticed some dramatic changes to the U S tax system.  More schedules as opposed to less, the loss of Schedule A items, like job related expenses and investment advisor fees, the loss of the personal exemption for everyone.  Lower refunds on a general trend basis.  Nominal tax changes for seniors.  Small business owners have a new deduction that is making them smile. … Read more

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February 2018 Newsletter

Posted on March 21st, 2018 | By Timothy Fullerton, Sr. | Tags: Newsletter h

So, keeping it simple, Valentine’s Day is the beginning of Lent this year. Just a small factoid. The markets are not caring either way. The interest is in rising interest rates and burgeoning debt limits. The combination raises inflation fears, and there goes the markets. It is a little more complex than that. But you have to admit, since we raised interest rates recently and Congress pumped $1.5 trillion debt into the market place, things have moved.

So, here is a strategy that you might want to look at regarding income tax. If you are making less than $157,000 as a single or $315,000 as married filing jointly as a small business owner you may benefit from kinder tax treatment under the new law.

The Tax Cuts and Jobs Act offer a 20 percent deduction for qualified business income from so-called pass-through entities, which include S corporations and limited liability companies.

Under… Read more

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December 2016

Posted on December 16th, 2016 | By Timothy Fullerton, Sr. | Tags: Newsletter h

Tis the season….


One plus from this past election is the emphasis on freeing up religious holidays from the political correct.  So with that, we wish those who recognize the holiday, Happy Hanukkah, Happy St. Nickolas, Merry Christmas!  It is more about the time of year as much as the actual event days.  There is something in the air that says, Peace, good will to all men.


Meanwhile, back to the future.  As things stand, we are still subject to the jaded non productive nature of Congress.  So you can rely on nothing changing until 2017.  So you have some tax planning to do, some gifting, all based on current rules and regulations.


Contributions to Charity from your IRA are still good to go.  You need to be 70 years of age, the maximum you can give to the charities is $100,000, and the amount must go directly to the charities from… Read more

November Newsletter

Posted on November 6th, 2015 | By Timothy Fullerton, Sr. | Tags: Newsletter h


It begins. Worldwide economy. Actually, the economies of several countries have been affecting our local economy for decades. But now pundits are finally admitting that places like the Federal Reserve and Washington are not the only factors in how things work.

Interest rates are going up. Count the number of times that phrase has been repeated in the past several years. It has taken on an “OJ in the white Bronco” flavor. The fact is that rates will go up. And yes, the Federal Reserve will be the instrument of change when it happens. But waiting for it to happen is like watching paint dry. Move on, already!

Two important timelines for you to watch. If you are over 65, you have until December 7th for Medicare open enrollment. Actually, the words are Medicare Supplement Insurance open enrollment. In case you haven’t been watching the TV commercials that are all over the… Read more

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May Newsletter

Posted on May 6th, 2015 | By Timothy Fullerton, Sr. | Tags: Newsletter h

The numbers are looking rocky. Federal Reserve numbers are due out next month on interest rates. Geopolitical battles are still happening. The 2016 political campaigns are starting.

Our review of account performances for the first quarter showed that indexed accounts stayed close the respective index. Long term holdings did the same. The higher percentage of returns versus the respective index showed up in accounts with activity in ETFs and dividend paying stocks. Cash must have been a good thing to have for the first quarter.

Buried in 1040: Chance for Advisers to Shine

By: Darla Mercado InvestmentNews

With the April 15 deadline for tax filing past, it is time to take a hard look at that form, Form 1040.

Though the individual income tax return is a window on the past, what it reveals also can shape future savings as well as add future value to the upcoming returns.

“Taxes are… Read more

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April Newsletter

Posted on April 26th, 2015 | By Timothy Fullerton, Sr. | Tags: Newsletter h

A good month for color. Flowers, grass, rabbits, etc.

Also a good month to finalize that annual event, tax date. I call it an annual reunion, since the person(s) only come around once a year. Very interesting the events that happen in one’s life in just one year.

So, remember to send in extensions by April 15th, if you are not ready to file. It cuts down the amount of penalty and interest that may occur. Efile if all possible. This year, the state programs were late coming online and there is a mixed bag of refunds getting out the door at the IRS and state. So have patience with the agencies.

Did you know that the IRS can keep your refund if you don’t file within three years? You have three years to claim a refund. If you don’t claim your refund within three years, the money becomes property of the… Read more

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June Newsletter

Posted on June 20th, 2014 | By Timothy Fullerton, Sr. | Tags: Newsletter h

Summer has arrived in the Midwest…..

Brace yourself. The U.S. economy looks like it went on a roller-coaster ride at the start of the year.

Revised numbers released Thursday show the economy shrank in the first quarter, marking the first downturn since early 2011. Gross domestic product, the broadest measure of economic growth, fell at a 1% annual pace, according to the Bureau of Economic Analysis.

A slump was entirely expected, and economists aren’t too worried. They forecast a bounce back in the spring.

Take for example Joseph Lavorgna, chief U.S. economist at Deutsche Bank. He predicts the economy will rev up, growing at more than a 4% pace in April through June. In a note to clients this week, he cautioned investors not to worry if the first quarter numbers were lousy.

The January through March period tends to be the slowest for growth, he noted, and… Read more

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May Newsletter

Posted on May 13th, 2014 | By Timothy Fullerton, Sr. | Tags: Newsletter h


Simply put, it is spring somewhere in the U S.

We are overdue on that topic. The markets are slowing down, the Fed Reserve is cutting back its activity in the

market, and Congress is out campaigning for money.

The past month was bumpy and ended like this…


 Federal Reserve results.

Jamie Dimon, the CEO of America’s biggest bank, says it’s time to stop worrying about the Fed. After all, he’s not worried.

In his annual letter to shareholders, which was released on Wednesday afternoon, the CEO of JPMorgan Chase (JPM) said there is “little question” that the Federal Reserve’s signature stimulus program boosted the economy and hastened the recovery. What’s more, he says the Fed’s exit from QE, which is expected to happen this year, isn’t likely to reverse that.

That’s not a universally held view, particularly on Wall Street. Last year, Warren Buffett said he was worried about what will happen… Read more

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February Newsletter

Posted on February 19th, 2014 | By Timothy Fullerton, Sr. | Tags: Newsletter h

January did not turn out to be such a “Sweetheart” month. Winter was all over the Midwest and East Coast. Markets lost over 5%.

Last year was painful for emerging markets and 2014 is shaping up to be even worse.

Among the hardest hit are Brazil, India, Indonesia, Turkey, and South Africa — dubbed the ‘Fragile Five’ by Morgan Stanley last August.

Those countries have seen their currencies tumble 15% to 20% over the past year. And that plunge has continued this month, despite a series of aggressive and, in some cases, unexpected interest rate rises aimed at stopping the rot.

So after years of rapid expansion, and relative calm, what’s going wrong?

For one, economic growth has slowed. As a group, emerging and developing economies grew on average by 6.4% over the past decade. Last year, that number was 4.5% and its forecast to rise only modestly in 2014.

And signs of instability in China’s huge… Read more

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