Posts by Marcus F. Johnson, CFPⓇ

Navigating the Changing Federal Estate Tax Threshold

As the federal estate tax threshold rises to new heights under the Tax Cuts and Jobs Act (TCJA), high-net worth individuals face both opportunities and uncertainties when it comes to wealth transfer strategies. With the current exemption amounts set to sunset in 2025, it becomes imperative for individuals to plan ahead and consider the potential…

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Navigating the Debt-Ceiling Drama

The ongoing debate surrounding the debt ceiling has reached a crescendo, capturing the attention of both the media and the American public. As Congress struggles to find common ground, many are left wondering how we arrived at this impasse and whether there is cause for concern. We aim to shed light on the situation and…

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Understanding FDIC Insurance

It’s natural to wonder exactly how a bank safeguards your money. Fortunately, the Federal Deposit Insurance Corporation (FDIC) insurance exists for this very reason: to help protect your funds once deposited. Read on to explore the purpose of FDIC insurance, how it works, and what it covers. What Is FDIC Insurance? The FDIC is an…

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Where do markets go from here?

The world is full of uncertainty and volatility, and nowhere is that more evident than in financial markets. The past few years have been marked by significant market swings, fueled by a variety of factors ranging from global economic conditions to geopolitical events. Against this backdrop, investors are left wondering where markets will go from…

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What if I get Audited by the IRS?

Audits by the Internal Revenue Service (IRS) are dreaded by taxpayers. The fear of an audit often stems from the misconception that the IRS conducts them frequently and that they are always punitive. However, the reality is that audits are rare, and they don’t always result in penalties. The IRS selects returns for audit using…

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