Single Point of View
Single Point of View is our way to occasionally share planning ideas relating to personal finance. Our goal is to pass along concepts that you may not be exposed to on a daily basis.
Track Your Home Improvements Now to Save on Taxes Later
We all know that when you sell a stock you pay a tax on the profit (the difference between what you paid for it, and, what you sold it for). This is referred to as a capital gain. The same principal holds true for the sale of a property, be it an investment property or your personal residence. One caveat [...]
Fidelity Trading Costs Reduced
Very good news for our clients with accounts held at Fidelity. Fidelity has announced that it has reduced trading costs on equity trades (including Exchange Traded Funds) from $7.95 to $4.95 per trade. As you may know, there are a number of iShares ETFs that trade at no cost on Fidelity's platform as well. We wanted to make [...]
Health Insurance: Medicare & Employee Benefits Reviews
Fall: leaves change, apple picking, football and health insurance. Something like that. October 15th began open enrollment for Medicare plan choices for 2017. If you want to review the coverage you have (Supplemental plans and Part D coverage) we have until December 7th to make changes. Open enrollment for health insurance plans through the Affordable Care Act (the MA Health [...]
Important Changes to Financial Aid Process
If you have a child in college, or, will have one entering college in fall of 2017, I've got your weekend plans all lined up. The process for filing FAFSA (Free Application for federal Student Aid) has changed. The most important thing to know is that starting this Saturday (October 1) you can access the FAFSA forms and submit your [...]
Estimated Tax Payments – Online Payment Option
With tomorrow being June 15th, we wanted to update this post from last year as a reminder to pay your quarterly tax estimates. Below are the links to simplify things and make these payments online. For many of us who have income that is not subject to tax withholding (for example: earnings from self-employment, interest, dividends, rents, alimony, etc.) April [...]
An Intern's Experience at Single Point
We were very fortunate to have Liam Cronan spend several weeks with us in May as part of his high school senior project. He was finishing up his senior year at Thayer Academy and will be starting at Bentley University in fall. He has a great work ethic, quickly completed projects and was eager to help. It was great to [...]