by Royer Advisors | Dec 11, 2024 | Divorce Litigation, Financial Planning, Tax Planning
While the divorce rate in Maine is below the national average, it is still common. Divorce is obviously an emotionally and personally impactful event. But beyond that, it is also a financially impactful one. A divorce can create negative tax consequences, especially...
by Royer Advisors | Dec 11, 2024 | Exemptions, Financial Planning, IRS Regulation
The fast spreading COVID-19 pandemic has forced the closure of many nonessential businesses — threatening the livelihoods of numerous small businesses here in Maine as well as the people they employed. In response to the economic and health impact of this pandemic,...
by Royer Advisors | Dec 11, 2024 | Financial Planning, Tax Planning
After years of historic gains, financial markets have been thrown into uncertainty, in a large part due to the COVID-19 pandemic. The recent bull market, combined with the rise in popularity of more passive investment tools such as index funds, may have caused some...
by Royer Advisors | Dec 11, 2024 | Deductions, Financial Planning, IRS Regulation, Tax Planning
Though the individual federal income tax rates established by the Tax Cuts and Jobs Act (TCJA) aren’t scheduled to expire until the end of 2025, some analysts think they could be repealed sooner. Next year’s presidential election and concerns over an increasing...
by Royer Advisors | Dec 11, 2024 | Deductions, Financial Planning, Tax Planning
Like every summer in Maine, it went by much too fast. But now that fall is here and the end of the year is in sight, it’s a great time to think about crossing off a few of your financial to-do’s. One important project you can tackle is reducing your current-year...
by Royer Advisors | Dec 11, 2024 | Financial Planning, Tax Planning
Here in the greater Portland area, real estate prices are increasing and development is booming — which is good news for owners of underdeveloped or underutilized land. But if you’re among those who are looking to sell, develop or subdivide a highly appreciated...
