The RSU Tax Trap: When Should You Sell Your Company Stock, and How Can You Avoid Tax Underpayment?

It has been a rocky year for tech stocks. Since peaking in January, the tech-heavy Nasdaq is down nearly 5,000 points (about 30%).

Are you eligible to receive a step-up in cost basis on inherited property?

Did you recently inherit or expect to inherit property? Whether it’s a house or investments, a step-up in cost basis can result in enormous tax savings

Tax and Estate PlanningChris JenningsApril 26, 2019Heron WealthTax, InheritanceComment

Does your income level allow you to contribute to a Roth IRA?

Roth IRA’s are a fantastic, tax-efficient way to save for retirement, but the rules around who can contribute, and how much, are complicated.

Tax and Estate PlanningChris JenningsApril 12, 2019Heron WealthRoth IRA, Tax, IRSComment

Q&A with David Edwards: What happens to a person's brokerage account when they pass away?

Question: My mother passed away a few weeks ago. She left five heirs who want to assure that their inheritance is not going to be subject to market risk before it is distributed. I told her advisor to liquidate most of her portfolio but he said the brokerage firm has frozen the account. What can be done?

Q&A with David Edwards: Does the Patriot Act require that personal investment accounts need to be disclosed before inheriting brokerage accounts?

Question: My mom recently passed away. She left myself and my siblings equal distributions from her brokerage accounts. Her financial advisor wants each of us to provide a detailed accounting of our current, personal investment accounts. He cites the need to comply with the Patriot Act. Does the Patriot Act require this?

Market Commentary: Stocks Deliver Worst Week in Two Years on Solid Employment News

Our President David Edwards explains how interest rates, tax policy and employment are affecting the stock market’s performance. He also discusses Heron Wealth’s rebalancing strategy for 2018.

Investing and Markets, Tax and Estate PlanningDavid EdwardsFebruary 2, 2018stock market, US EmploymentComment

2017 Year in Review

Our President David Edwards reviews the year 2017. He discusses the new tax regime and how it affects investors. He also discusses the latest developments in bitcoin.

What a long, strange year it's been!

US stocks celebrated the 30th anniversary of the 1987 stock market crash by making yet another all time high. US stocks as represented by the S&P 500 are up 16.9% YTD, double our forecast at the start of the year. The S&P 500 made 51 new records so far this year - 25% of trading days.

Mid Year Review - Slow but Steady?

In our December 2016 year end review we wrote, "No forecast now, no forecast until April. We can't recall another time in the last 30 years that we were so uncertain about what to expect from the US government, and how that would affect the key drivers of stock market returns - revenues, earnings and interest rates.

Answers & Observations