The Glassman Wealth Blog

Step Up Your Zoom / Studio Setup

I started producing videos to educate people on money matters, taxes, and what’s going on in the economy—complex topics paired down to digestible nuggets. And after uploading them to social media, I kept receiving the same questions: What’s your Zoom setup? How are you doing that? Where’s your microphone? What’s your lighting setup? After answering…

Read More

Implications of State Taxes in Relocations

With an increase in remote work, business owners and their employees are taking the opportunity to relocate across state lines. But whether for work or retirement, what are the possible tax implications of a move, particularly from a high-tax state to a low-tax state? With more high-tax states auditing these moves to recover lost tax…

Read More

Happy New Year 2021!

Can you imagine getting back to normal post-Covid life? As we finish our first full week of 2021, there’s renewed hope that over the coming months we will find ourselves re-emerging from our Covid nightmare. We will never go back to our exact lives, but if these vaccines actually work, the reemergence seems within sight.…

Read More

What Do the New IRS Life Expectancy Tables Mean to You?

This article was originally published on Forbes on January 5, 2021.   New Changes for IRA and 401(k) Owners Likely Overhyped It’s been almost two decades since the IRS updated the life expectancy tables that govern IRA distributions. These tables calculate your annual required minimum distribution (RMD), which is the rate at which retirees over…

Read More

Five Top Resources to Help You Become a Better Investor

Investing today can be a frightening concept. Young professionals are finding themselves thrust into a world of finance, yet unprepared to make the decisions that are right for them. While there are a plethora of resources out there to help, it can be difficult choosing which ones to use. After combing through numerous personal finance…

Read More

2020 Specific Tax Deadlines You Don’t Want to Miss

To say it’s been a crazy year is an understatement. With a global pandemic, market uncertainty, and political and social unrest, there were a lot of changes this year, including to the tax code. Below are a few items you’ll need to pay attention to before year-end. Payroll Tax Cut: Effective September 1st, President Trump…

Read More

COVID Changes Everything About Inflation Expectations

This article was originally published on Forbes on December 2, 2020.   The US Government has been spending and printing a lot of money to help stabilize the economy during this tumultuous 2020. As such, several of my clients are once again raising their concerns about inflation. Most of these worried clients fit into a…

Read More