Blog - North Light Financial Services

A Guide to 2014 Tax Law Changes

A Guide to 2014 Tax Law Changes (& More) While 2014 has not brought momentous changes to federal tax laws, there are many alterations and COLAs worth noting. In particular, the Affordable Care Act has prompted a few significant changes. Additionally, a host of tax provisions created during the recession expired at the end of last year. Some were scheduled to sunset at the end of 2012, but were extended. Their reinstatement for 2014 is left to Congress. The 2013 [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:26-04:00February 21st, 2014|Income Taxes, Personal Finance|Comments Off

Making Your Money Work Harder for Retirement

Making Your Money Work Harder for Retirement Little things you could do that could help you leave work a little sooner. Little things matter. When planning for retirement, people naturally think about the big things arranging sufficient income, amassing enough savings, investing so that you dont outlive your money, managing forms of risk. All of this is essential. Still, there are also little financial adjustments you can make at mid-life that may pay off significantly for you down the [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:26-04:00February 14th, 2014|Investing, Personal Finance, Retirement|Comments Off

Organizing Your Paperwork for Tax Season

Organizing Your Paperwork for Tax Season If you haven’t done it, now’s the time. How prepared are you to prepare your 1040? The earlier you compile and organize the relevant paperwork, the easier things may be for you (or the tax preparer working for you) this winter. Here are some tips to help you get ready: As a first step, look at your 2012 return. Unless your job, living situation or financial situation has changed notably since you last filed [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:27-04:00January 29th, 2014|Income Taxes, Personal Finance|Comments Off

The Fed Finally Tapers

The Fed Finally Tapers The FOMC authorizes a minor reduction in bond buying starting in 2014. December 18 turned out to be T-Day: the day on which the Federal Reserve finally tapered QE3. In making the move, the Fed acknowledged an improving economy; Wall Street quickly and enthusiastically applauded its decision. The Fed will reduce its monthly asset purchases by $10 billion. QE3 will continue, but the central bank will buy only $75 billion of bonds per month starting [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:27-04:00January 15th, 2014|Bond Market, Business/Economic News, Stock Market|Comments Off

Why 2014 May Be a Very Good Year

Why 2014 May Be a Very Good Year More improvement may be in store for the economy & the stock market. Will the economy & the bull market make further strides next year? On both Wall Street and Main Street, 2013 has turned out better than many analysts expected. Will the recovery gain additional momentum in 2014, and will stocks climb even higher? Optimism is widespread. Do you remember how gloomy things got at the end of 2012? Fears about [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:27-04:00January 2nd, 2014|Business/Economic News, Stock Market|Comments Off