Tyler Financial Network

09/23/2021

What financial, business, or life priorities do you need to address for the coming year? Now is an excellent time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund to managing your taxes. You have plenty of choices. Here are a few ideas to consider:

Can you contribute more to your retirement plans this year?

Make a charitable gift.

See if you can take a home office deduction for your small business.

Open an HSA.

Review your withholding status. Should it be adjusted due to any of the following factors?

* You tend to pay the federal or state government at the end of each year.

* You tend to get a federal tax refund each year.

* You recently married or divorced.

* You have a new job, and your earnings have been adjusted.

Consider consulting your tax, human resources, or accounting professional before modifying your withholding status.

Did you get married in 2021?

Are you coming home from active duty?

Consider the tax impact of any upcoming transactions. Are you preparing to sell any real estate this year? Are you starting a business? Might any commissions or bonuses come your way in 2022? Do you anticipate selling an investment that is held outside of a tax-deferred account?

Vow to focus on your overall health and practice sound financial habits in 2022. And don’t be afraid to ask for help from professionals who understand your individual situation. We are here to help!

Call or email us today to get started. 817-400-9905 or [email protected]

At Tyler Financial Network we’ve put together a multidisciplinary group of professionals dedicated to growing and protecting your money.From investments, to asset protection, college, retirement and estate planning, we offer a full array of services.

09/22/2021

Have you put a plan in place? We can help you! Give us a call today to schedule a consultation. 817-400-9905

At Tyler Financial Network we’ve put together a multidisciplinary group of professionals dedicated to growing and protecting your money.From investments, to asset protection, college, retirement and estate planning, we offer a full array of services.

09/21/2021

Are you finding yourself making more impulse purchases? CNBC has the tips and tricks to get your spending under control @ https://cnb.cx/3lAfESJ

More than 40% of consumers say they are worsening their financial situation by doing things like making impulse purchases and carrying more debt.

08/10/2021

08/09/2021

Call us today to review your coverage or get quotes for you and your family. 817-253-4759 or email [email protected]

08/05/2021

The pandemic has changed the design of restaurant menus, with many going digital in place of physical versions. MarketPlace has the scoop @

From QR codes to delivery apps, a menu specialist weighs in on the rise of digital menus and what it means for menu engineers.

08/04/2021

The laws governing IRAs are coming under scrutiny, as some see them being used as a tax shelter for the wealthy. CNBC has the story @

Data for the 2019 tax year shows that 497 taxpayers have $25 million or more in aggregate IRA balances. Some lawmakers hope to curb use of those tax shelters.

08/03/2021

Americans who have been affected medically by COVID-19 may qualify for disability resources and support. Axios has the information @

Anyone who had COVID-19 could develop long-term symptoms, even if the initial illness was mild.

07/12/2021

The IRS has unveiled a new online tool to help you calculate your child tax credit. NewsNation has the story @

Not sure if your family qualifies for the expanded child tax credits that will start going out next month? The IRS now has a new online tool that allows taxpayers to check their eligibility.

07/04/2021

Happy 4th of July! What is your favorite way to celebrate?

06/28/2021

In this week’s recap: Stocks reach all-time highs and the housing market showed significant improvement.
Weekly Economic Update

June 28, 2021

THE WEEK ON WALL STREET
Stocks reached new all-time highs last week as markets staged a strong rebound from the previous week’s declines.
The Dow Jones Industrial Average rose 3.44%, while the Standard & Poor’s 500 picked up 2.74%. The Nasdaq Composite index increased 2.35%. The MSCI EAFE index, which tracks developed overseas stock markets, gained 0.97%.1,2,3

STOCKS CLIMB
Stocks rallied on the first day of trading last week and gained further momentum on Thursday and Friday. Despite some discouraging data on housing and initial jobless claims, stocks managed to set new highs, as investors cheered an agreement between President Biden and a group of senators that appeared to pave the way for the passage of a $1 trillion infrastructure bill.4
Positive results from the Federal Reserve’s stress tests of banks, which raised the prospect of banks raising their dividend payouts and share buybacks, and a key inflation measure coming in at market expectations provided impetus for further gains. The S&P 500 had its best week since February and ended the five-trading days at a record high.5

HOUSING HEADWINDS
Historically low mortgage rates, the COVID-19 pandemic, and a flush consumer have contributed to a very strong housing market in recent months. Last week’s housing data for May, however, showed that housing may be running into headwinds. The rising cost of materials and labor led to a 5.9% decline in new single home sales in May even as the median price hit an all-time high.6
Meanwhile, sales of existing homes fell 0.9%, the fourth-straight month of declines, owing to a very low inventory. High demand, coupled with a depressed supply, led to a 23.6% increase in the median price of an existing home.7

T I P O F T H E W E E K

Double-check that your legal documents (your will, power of attorney, and trusts) are appropriately titled.

THE WEEK AHEAD: KEY ECONOMIC DATA
Tuesday: Consumer Confidence.
Wednesday: ADP (Automated Data Processing) Employment Report.
Thursday: Jobless Claims. ISM (Institute of Supply Management) Manufacturing Index.
Friday: Employment Situation Report. Factory Orders.
Source: Econoday, June 25, 2021
The Econoday economic calendar lists upcoming U.S. economic data releases (including key economic indicators), Federal Reserve policy meetings, and speaking engagements of Federal Reserve officials. The content is developed from sources believed to be providing accurate information. The forecasts or forward-looking statements are based on assumptions and may not materialize. The forecasts also are subject to revision.

THE WEEK AHEAD: COMPANIES REPORTING EARNINGS
Wednesday: Micron Technology, Inc. (MU), Constellation Brands, Inc. (STZ), General Mills, Inc. (GIS).
Thursday: Walgreens Boots Alliance, Inc. (WBA), McCormick & Company, Inc. (MKC).
Source: Zacks, June 25, 2021
Companies mentioned are for informational purposes only. It should not be considered a solicitation for the purchase or sale of the securities. Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. Companies may reschedule when they report earnings without notice.

Q U O T E O F T H E W E E K

“Lasting change is a series of compromises. And compromise is all right, as long your values don't change.”
JANE GOODALL