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Money Moves

Concerned older woman on the phone

04.22.21

Beware of unemployment fraud — even if you’re employed

Scammers have long known how to use stolen identities to commit fraud, for instance, unemployment fraud.
young business woman on laptop

04.15.21

Checking your credit is free, for now - here' s why you should take advantage

Recently, the three national credit agencies — TransUnion, Experian and Equifax — said they will continue to provide free, weekly credit reports to consumers until April 20, 2022.
happy older couple buying something online with a credit card

04.08.21

What is a balance transfer — and when does it make sense?

A balance transfer is a credit card transaction where you move your credit card balance from one card to another — typically a new one with a lower interest rate.
a pin on the date May 17th

04.02.21

IRS extends federal tax payment deadline to May 17

Taxpayers now have until May 17, 2021, to file and pay their taxes without penalties or interest. This is about a one-month extension beyond the traditional deadline of April 15.
broken piggy bank and coins spilled on floor

03.17.21

How to spot investment coaching scams

“My program is going to make you a lot of money. I’ll show you how to do everything you need to do to be successful.” Ads like this are usually a scam. The Federal Trade Commission recently announced Operation Income Illusion, a nationwide effort to prevent income scams that promise to make people a lot of money by participating in a special program.
statue of bull market

03.08.21

Individual investor muscle

As January closed there was some very unusual excitement in the stock markets. The price of shares of videogame reseller GameStop, which had languished for years near $5, suddenly began to rocket skyward, to $40, then $60, then $120, eventually cresting at well over $400 per share before coming back down to earth. This despite an absence of profitability.
gavel and scales of justice sitting on a desk

02.23.21

Investor Alert: Robinhood app hit with hefty fine from federal regulators

The Securities and Exchange Commission (SEC) recently charged Robinhood Financial LLC for failure to fully disclose the firm’s receipt of payments from trading firms for routing customer orders to them.
person reviewing finances

02.16.21

Gift values during a pandemic

The value for federal gift tax purposes of a gift of $100,000 in cash is $100,000, and the same is true for the value of $100,000 worth of publicly traded stock. Those are the easy cases. The hard cases concern assets that are harder to value, such as real estate or interests in a closely held business.
car on a street

02.10.21

How to avoid the car wrap scam

With many people facing financial hardships during the coronavirus crisis, receiving a package in the mail with a check would probably make most folks happier than a kid at Disney World. Seemingly, all you have to do is put a decal on your car and that money is yours. Well, we hate to break it to you, but no, you’re not actually getting paid to put decals on your vehicle. Yep, it’s a scam.
football on a field

02.05.21

Annual Big Game Predictor

Once again it is time to roll out the “Super Bowl -- Stock Market” correlation coincidence, which forecasts the stock market’s direction for the year ahead. Known as the “Super Bowl Predictor”, the statistical phenomenon was made famous by
person holding many credit cards

02.03.21

The three best ways to use a credit card

Credit cards are a secure, convenient alternative to using debit cards, checks or cash to make purchases. They can serve as a powerful money management tool and can help you boost
bar chart showing stock increases and decreases

01.26.21

Read this before investing in an IPO

With big-name private companies like Airbnb Inc. and DoorDash Inc. recently announcing plans to go public, many investors may be chomping at the bit to purchase the new stock. While such investments have the potential to deliver excellent returns, it’s important to understand how the IPO process works
gavel and justice scale in front of chart of stocks rising and dropping

01.23.21

Investor Alert: Cheesecake Factory settles with SEC

The Cheesecake Factory Inc. is the first public company to be charged by the Securities and Exchange Commission (SEC) for misleading investors about the financial effects of the pandemic on their business
Country road with corn fields and a thunderstorm in the distance

01.21.21

The perfect storm for estate planning

According to estate planner Maurice R. Kassimir, Esq., the present moment has provided a “perfect storm” for wealthy families to meet with their estate planners and implement some wealth transfer strategies. In a November webinar, Mr. Kassimir pointed to three factors that make these times unique
man handing waiter credit card

12.16.20

Four tips to getting approved for a credit card

Having a credit card offers many advantages. Depending on the card you have, those perks can vary from travel rewards to getting cash back just by using your credit card. So, what do you need to do to get approved
Smiling man with a papers in hand on phone

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