Schug Financial

06/23/2025

It’s a quiet week on the economic data front—but the Fed has the floor. With markets parsing every word from Chair Powell and fellow policymakers, “Fedspeak” could offer crucial clues about the path of interest rates, inflation, and the broader economy. Join CIO Gene Goldman on this week’s episode of , where he unpacks what Fed officials are saying—and what it could mean for rate policy, investor expectations, and market momentum heading into summer.

“Cetera Financial Group” refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), and Cetera Financial Specialists LLC. All firms...

04/01/2025

02/05/2025

The IRS has released the 2025 tax brackets with a 2.8% inflation adjustment—the smallest increase in several years.

Here's what's changing:
➡️ Standard deduction for married couples filing jointly rises to $30,000
➡️ Single filers' standard deduction increases to $15,000
➡️ Annual tax-free gift limit grows to $19,000 per recipient
➡️ Estate tax exclusion reaches $13.99 million (up from $13.61 million)
➡️ Earned Income Tax Credit maximum increases to $8,046 for qualifying families

Understanding how tax brackets work remains crucial: you're only taxed at higher rates for income above each threshold, not your entire earnings. For example, if you're married filing jointly, you'll pay 10% on the first $23,850 of taxable income, then 12% on earnings above that amount.

Important note: Some provisions aren't changing in 2025, including the $10,000 SALT deduction cap and the $2,000 Child Tax Credit. ⚖️


Source:

The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.

02/03/2025

Over the weekend, President Donald Trump imposed tariffs on Canada, Mexico and China. Join CIO Gene Goldman, CFA, as he discusses the potential impact of these tariffs on the U.S. and global economies as well as on inflation and financial markets.

“Cetera Financial Group” refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), and Cetera Financial Specialists LLC. All firms...

01/07/2025

The holidays are over, and this week will be a busy one for economic data. Join Gene Goldman, CFA, on this week’s episode of as he explains why he’ll be primarily focused on Wednesday’s meeting minutes.

“Cetera Financial Group” refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), and Cetera Financial Specialists LLC. All firms...

11/06/2024

****Attention small business owners!****

If you haven't filed or are unfamiliar with the new Corporate Transparency Act requirements that took effect on January 1, 2024, now’s the time to act. Contact your accountant today to ensure you're compliant before the year ends!

Small entity compliance guide:
https://www.fincen.gov/sites/default/files/shared/BOI_Small_Compliance_Guide.v1.1-FINAL.pdf

11/05/2024

Tax season is just around the corner—don’t wait until the last minute! Reserve your spot with Schug Financial now for a smooth, stress-free filing experience.

Existing clients, your space is already reserved! New clients, reach out through our website or contact AJ Spackman directly at (920) 973-7008 to get started. Let's make this tax season easy and efficient! https://www.schugfinancial.com/tax-preparation

If you have questions about your retirement or tax needs, don’t hesitate to contact us to schedule an appointment today.

09/03/2024

The is shifting from raising rates to cutting them. Join CIO Gene Goldman, CFA, on this week’s episode of as he explains how this week’s key inflation report should help the decide how much they’ll cut.

“Cetera Financial Group” refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), and Cetera Financial Specialists LLC. All firms...

07/22/2024

U.S. equities recently experienced the worst week since April. Join CIO Gene Goldman, CFA, on this week’s episode of as he discusses the reasons for this recent pullback and why he feels it will be short lived.
https://bcove.video/3ZLBnJB

05/13/2024

With U.S. stocks performing well, investors sometimes forget the power of diversification. Join CIO Gene Goldman, CFA on this week’s episode of as he discusses the benefits of adding international equity exposure to your portfolio.
https://bcove.video/3ZLBnJB

04/17/2024

Equity investors have looked past hotter-than-expected inflation reports so far this year; but bond investors haven't. Find out what this combined with expected volatility later in the year may mean for portfolios in the latest commentary from . https://bit.ly/3vFYo7F

03/20/2024

If you plan on filing your federal taxes for the past year, then you can apply for an extension for filing your taxes. Regardless of your income, financial situation, age or occupation, you may be eligible to use a federal tax extension.