Blog
Welcome To Our Blog
We invite you to check in each month and get to know our business and the people that lead Williams, Steinert, Mask.
December 2016 Marketwatch
Most importantly, all of us at WCM want to wish all our readers, clients & friends a very Merry Christmas and Happy Holiday Season. December 1, 2016 U.S. equities notched a nice gain for the month of November with a strong rally since the election. For November...
Don’t get the Boot… How to avoid gain in a Section 1031 Exchange
Section 1031 Exchanges, also known as like-kind exchanges, are often used to postpone gain on the sale of property by buying like-kind replacement property. To avoid gain, or boot, the replacement property must be equal to or of greater value and purchased within a...
November 2016 Marketwatch
November 1, 2016 U.S. equities notched another modest loss for the month of October with the S&P 500 Index dropping -1.94%. That puts the Year-to-Date gain in the S&P 500 at 4.02%. The DOW has taken investors for a wild ride to nowhere the past two years. It...
Building a Legacy: Passing On Your Business to Future Generations
By Jeremy Crow, WCM Audit Manager In this article I will discuss the privilege we have as business leaders to build a legacy for future generations. There are three elements to building a legacy that are important to remember. #1 – What are you building? I think most...
October 2016 Marketwatch
U.S. equities notched a modest loss for the month of September with the S&P 500 Index dropping -0.12%. That puts the Year-to-Date gain in the S&P 500 at 6.08% and the 3rd quarter performance at a gain of 3.31%. The Markets - What drives the market heading into...
Pre-Death Planning. A Gift To Your Loved Ones, Part 2
By Kelly Compton, Chief Investment Officer – WCM Wealth If you recall, last month I briefly touched on final arrangements and hit the treetops on pre-death planning. This month I want to go back to my story of helping folks post-funeral. After my nephew passed, in the...
September 2016 Marketwatch
U.S. equities notched another month of gains with the S&P 500 Index climbing .42% in August. The index is up 6.66% year to date. The financial markets have remained remarkably strong in a world riddled with terror attacks, a coup attempt in Turkey, police officer...
Pre-Death Planning – A Gift to Your Loved Ones
Death – no one wants to think about it and certainly, no one wants to talk about it; yet, it’s the one inevitable experience all humans have in common, after birth. With the recent passing of two very close clients and the unexpected passing of two family members, I...
August 2016 Marketwatch
U.S. equities notched another month of gains with the S&P 500 Index climbing 3.5%. The primary forces behind the rally remain better-than-expected corporate earnings, stability in the banking sector and a growing sense that, given low Treasury yields, equities appear...
Yikes! I received a letter from the IRS
Each year, the IRS sends out millions of notices to taxpayers. Some are informational only; others require a response. Not every letter means an audit and, in some cases, the notice you received could have been sent in error. In part because of staffing issues, the...