CAPATA Financials’ take on today’s FOMC press conference and announcement: In summary, Powell highlighted the Fed’s focus on its maximum employment mandate and broader macroeconomic stability over concerns of persistent inflation during the press conference. The key shift occurred when Powell discussed “recalibrating policy,”Read more
Delaware Statutory Trusts (DSTs): A Strategic Option for 1031 Exchange Investors For many real estate investors, the desire to defer taxes on a property sale through a 1031 exchange has proven invaluable. But when it comes to selecting a replacement property, the complexities of property management and compliance can be a deterrent. That’s where a Delaware Statutory Trust (DST) comes into play as a promising, hands-off investment option. What is … Read more
What the Election Results Mean for Future Tax Policy: Tax Updates With CAPATA With Donald Trump set to return to the White House in January, tax policy is likely to undergo significant changes. The recent presidential campaign highlighted several tax-related proposals, and with Republican control of the Senate confirmed, the stage is set for potential policy shifts—though the final balance of power in the House remains uncertain. Key Focus: Expiring … Read more
CAPATA Financials’ take on today’s FOMC press conference and announcement: In summary, Powell highlighted the Fed’s focus on its maximum employment mandate and broader macroeconomic stability over concerns of persistent inflation during the press conference. The key shift occurred when Powell discussed “recalibrating policy,”Read more
We wanted to update you on recent developments from Capitol Hill that may impact your tax planning. In a significant move after months of anticipation, the Senate voted on the highly anticipated Tax Relief for American Families and Workers Act (TRAFWA), aimed at easing the financial burden on millions of Americans. Championed by Senate Majority Leader Chuck Schumer, this landmark piece of legislation promised to deliver…Read more
Quick Reminder: The Second 2024 Quarterly Payment is Due on June 17th, 2024 It’s time to make your second quarterly estimated tax payment for 2024! If you’re not covering your income tax through withholding or if your withholding isn’t enough to cover your total tax liability, it’s crucial to make this payment by June 17th, 2024. Below, we’ve provided links and information on how to make your payment. How to … Read more
Empowering Your Financial Future, One Investment at a Time We are thrilled to announce the launch of CAPATA Financial, a new branch of our firm dedicated to enhancing your financial future. This exciting development is led by our esteemed Financial Partner, Michael Collins. Meet Michael Collins Michael Collins joins us from Wells Fargo, where he served as a Financial Advisor and Financial Consultant in the San Diego market. At Wells … Read more
THE LOGISTICS: PAYING THE SALT WORKAROUND TAX We previously sent you information about the details of the SALT cap work around, or Pass-Through Entity (PTET) on November 8, 2021. Here is a brief recap and a link to the full article: The Franchise Tax Board has now published the PTE Elective Tax Payment Voucher (FTB 3893) on November 1, 2021. The voucher may be used by S corporations and partnerships to … Read more
