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Stone says his most organized clients use budgeting software and categorize their transactions throughout the year. “They’re focused on honestly budgeting,” he says. “You know, I think that’s kind of a sour word sometimes with people, but when they do budget, they do know more about where their money’s really going and then they’re able to capture that on their tax return — and actually get more deductions that way.” 420
Thanks to that higher standard deduction, you may want to donate more this year to make itemizing “worth it.” If you’re a multiyear giver, for example, it might make sense for tax purposes to make five years’ worth of donations this year and then nothing over the next four. The important thing is to figure it out now. “If you did want to give a little bit more, you’ve got the whole year to give it, or at least a good chunk of it, versus finding out in November or December,” Stone says. “Then it’s harder to come up with that much money.”More From NerdWallet 562
The 4-1 vote, with Supervisor Jim Desmond opposed, came after discussion over how much voting centers would cost, security, and possible disenfranchisement and voter fraud. 172
Strojnik has filed more than 2,000 disability lawsuits and is currently unable to represent clients in Arizona until the Arizona State Bar finishes its investigation into his methods. However, he can still represent himself, and he’s now filing disability lawsuits in San Diego County. He claims to be "a disabled person" with nerve damage and cancer who's been disadvantaged by eight San Diego hotels. 402
Some experts said this isn't a time panic.The pullback -- particularly for tech stocks -- is needed, argued Joe Heider, president of Cirrus Wealth Management."The selloff is healthy," Heider said. "Since the market bottomed in March 2009, it's been more than 10 years of growth stocks leading the way non-stop."Investors were "selling first and asking questions later," said John Augustine, chief investment officer with Huntington Private Bank.Augustine added that with earnings due out from big banks JPMorgan Chase (JPM), Citigroup (C) and Wells Fargo (WFC) on Friday morning, investors will look for new market sectors to take the lead from tech stocks. In theory, banks should do better if the Fed keeps raising interest rates and bond yields climb higher since it will make their loans more profitable.And Geoff Alexander, the president of R. M. Davis, a wealth management firm, said he wasn't getting too nervous about Wednesday's market madness either.As long as earnings and the US economy are continuing to grow, this market pullback will wind up being a healthy dip Alexander said. The relative lack of volatility was a bit troubling. This slide was long overdue."We've scratched our heads about the rise in stocks for the past 18 months. But this nothing to be overly concerned about," Alexander said. 1313