Your Weekly Tax Tip: Reminder: Fourth Quarter Estimated Taxes Now Due

Turner, Leins & Gold Finance

If you have not already done so, now is the time to review your tax situation and make an estimated quarterly tax payment using Form 1040-ES. The 2018 fourth-quarter due date is now here. Normal due date: Tuesday, January 15, 2019 Remember you are required to withhold at least 90 percent of your current tax obligation or 100 percent of …

Tysons’ DXC Technology to acquire Swiss firm for $2B

Jeff Clabaugh - WTOP Around Town, Finance

Via WTOP By Jeff Clabaugh  DXC Technology, the Tysons Corner, Virginia-based information technology company formed by the merger of Computer Sciences Corp and Hewlett-Packard’s enterprise services business in 2017, will acquire a large, Swiss-based technology firm for $2 billion. Zug, Switzerland-based Luxoft Holding Inc. provides software development services, product engineering and testing and IT consulting. The company has almost 13,000 …

Your Weekly Tax Tip: Get Ready! Here Comes the New 1040

Turner Leins & Gold Finance

Get Ready! Here Comes the New 1040  If you’ve seen the film Jurassic Park, you may remember the dilemma chief engineer Ray Arnold is faced with after a fellow employee steals dinosaur embryos and cuts the power to one of the border fences. Not knowing if the power will come back on and facing the prospect of releasing all the …

Ask an Advisor About New Year’s Resolutions

Belle Schneider, CFP® AIF® Finance

What Are the Most Important Financial Resolutions I Should Have for 2019? Everyone has different priorities but here are the top four I recommend: Prepare for the Unexpected Create an emergency savings account. The best line of defense against unexpected events is to have a liquid cash fund that can cover at least six months of living expenses or any …

24 Hours that Suddenly Improved the Market

Keeping Current Matters Finance

Via Keeping Current Matters   This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row. To many, the outlook heading into 2019 appeared dim… at best. Then, …

‘Mini-Manhattan’ And High Rises: Predictions From A Realtor Relocating Amazon Employees To The Area

Rachel Kurzius Around Town, Finance, Real Estate

Via DCist Photo Courtesy of CNBC Northern Virginia officials aren’t the only ones who’ve spent the past year knee-deep in negotiations with Amazon. The Jeff & Joseph Group, which is affiliated with TTR Sotheby’s International Realty, has been in conversation with the Seattle-based tech giant since the spring. The fruits of their labor? “MyHQHome,” a service they have launched to assist …

Your Weekly Tax Tip: Beware the Tax Torpedo

Turner, Leins, & Gold, LLC Finance

Putting off distributions and holding assets in your retirement accounts as long as possible may seem like a good idea, but waiting too long can cause a major tax problem. When you reach 70 ½, the trigger requiring minimum distributions (RMDs) from qualified retirement accounts is pulled and a potential tax torpedo is launched. RMDs explained RMDs apply to Traditional …

Amazon Close to Announcing Crystal City, VA As HQ2 Location

TysonsToday Staff Around Town, Finance

Commerce giant, Amazon, is in advanced talks to select Crystal City as its HQ2 location. According to the Washington Post: “Amazon.com has held advanced discussions about the possibility of opening its highly sought-after second headquarters in Crystal City, including how quickly it would move employees there, which buildings it would occupy and how an announcement about the move would be …

Ask an Advisor: About Saving for College

Belle Schneider, AIF®, CFP® Finance, Staff Picks

We just had a baby, how soon should I start savings for my child’s college? The best answer I can give to that question is, start now.  As a new parent you are likely overwhelmed by all the increased responsibilities and it is easy to put off the future, but don’t. The sooner you begin saving for college, the more …

Ask an Advisor: Women & Financial Planning

Tysons Today Finance

As a female Financial Advisor working in an industry traditionally dominated by men I find myself in the unique position to empower women to pursue their financial goals. Many of the women I have worked with have made great progress, but industry studies point to a startling fact: when it comes to planning for our retirement, women fall short when …