Social Security Announces Big COLA For 2023
IMPORTANT DISCLOSURES Dightman Capital does not provide tax or legal recommendations. The information presented here is not specific to any individual’s personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be […]
Inflation Reduction Act: What You Should Know
The Inflation Reduction Act includes health-care and energy-related provisions, a new corporate alternative minimum tax, and an excise tax on certain corporate repurchases of stock. The Inflation Reduction Act, signed into law on August 16, 2022, includes health-care and energy-related provisions, a new corporate alternative minimum tax, and an excise tax on certain corporate stock […]
What Do Rising Interest Rates Mean For Your Money?
Although rising interest rates make it more expensive for consumers and businesses to borrow, retirees and others who seek income could benefit from higher yields on savings accounts and CDs. On March 16, 2022, the Federal Open Market Committee (FOMC) of the Federal Reserve raised the benchmark federal funds rate by 0.25% to a target […]
Will Infrastructure Investment Pave the Way to a Stronger Economy?
This large injection of funds is likely to affect how many Americans commute, travel, transport goods, access the Internet, power homes and buildings, and more. In November 2021, Congress passed the Infrastructure Investment and Jobs Act, a roughly $1 trillion package that reauthorized existing programs and provided more than $550 billion in new funding over […]
The Fed Pivots to Fight Inflation
On December 15, 2021, the Federal Open Market Committee (FOMC) of the Federal Reserve System made a significant shift in monetary policy in response to rising inflation. The Committee accelerated the reduction of its bond-buying program in order to tighten the money supply and projected three increases in the benchmark federal funds rate in 2022, […]
The Budget and the Debt Ceiling: Federal Spending in the Crosshairs
On September 28, Treasury Secretary Janet Yellen informed Congress that the government will be unable to pay all of its bills if Congress does not raise the debt ceiling by October 18 On September 30, 2021, Congress averted a potential federal government shutdown by passing a continuing resolution to provide funding for government operations through […]
Infrastructure Legislation Advances, But Still Has a Ways to Go
Despite taking some important steps to advance, the legislation still has a ways to go and will have to overcome more hurdles. Two large infrastructure bills have taken important steps to advance in Congress. Here’s where they stand: On August 10, 2021, the Senate passed a $1.2 trillion bipartisan infrastructure bill, to be named the […]
Taper Tantrum Part Deux?
How are you doing? Are you making plans for fall or taking a step back to reassess? Can you hit reply and let me know? There’s a lot to weigh right now, so I’m curious to hear your thoughts. One big thing you may have heard about in the headlines is the Federal Reserve’s hint […]
U.S. Census 2020 Results: Takeaways
IMPORTANT DISCLOSURES Dightman Capital does not provide tax or legal recommendations. The information presented here is not specific to any individual’s personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be […]
