Broker Check


Tuesday, July 18, 2023

This article summarizes some risks that employers may get into when setting up a retirement plan.

Monday, April 24, 2023

State-mandated long-term care insurance requires residents to purchase a minimum level of LTC coverage or participate in a state-run program. In this article we will discuss the progress made by each state with pending LTC legislation.

Tuesday, April 11, 2023

To ease the burden for small businesses, the SECURE 2.0 Act created a substantial new startup tax credit based on contributions the employer made on behalf of participants and expanded the existing startup tax credit on employer plan...

Sunday, March 26, 2023

Silicon Valley Bank, a well-known bank specializing in the technology and innovation sectors, failed just two days after experiencing a $42 billion withdrawal.Signature Bank, one of the largest commercial banks involved in the digital...

Friday, March 3, 2023

As International Women's Day approaches, it's a good time for women to assess their financial planning strategies and make adjustments to seek to ensure that they are on the right track to work toward their long-term goals.

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Thursday, February 16, 2023

Are you a small business owner looking to reduce your tax burden? Have you paid more than $10,000 in state tax and property tax but only got $10,000 deduction at the federal level due to SALT limit? If you answered YES to both...

Thursday, January 5, 2023

The SECURE 2.0 Act has been enacted into law, bringing a number of changes that aim to improve the stability of the retirement system and increase Americans' financial readiness for retirement. The law expands upon previous legislation...

Wednesday, January 4, 2023

At Taurus Financial, we understand that running a business can be time-consuming and may not leave much energy for the often-stressful task of tax filing. To help make this process as smooth as possible, it is helpful to mark important...

Thursday, December 1, 2022

Once again, it is time to consider your year - end   tax   saving strategies. Essentially, year - end   tax   saving involves timing the income and deductions to reduce tax liabilities...

Tuesday, September 27, 2022

Inflation Reduction Act (IRA) was signed into law on August 16th, 2022, aimed at promoting clean energy, lower health care cost, revitalize American manufacturing and the most importantly, tax code reforming.

Friday, August 19, 2022

We all know that all taxpayers must pay taxes on the income they receive. However, the IRS has made your life more difficult by requiring taxes on your income to essentially be prepaid, usually quarterly.

Wednesday, June 1, 2022

Since the financial crisis of 2007 and 2008, investors have become accustomed to a protracted bull market with only temporary dips. However, in recent months, the Fed has quickly transitioned from being accommodative to becoming...

Thursday, May 12, 2022

A distribution from a retirement plan is when the account owner withdraws money from the retirement account. The withdrawals might trigger a tax or penalty under certain circumstances.

Wednesday, May 4, 2022

Stagflation is a period of combined high inflation and unemployment with weak economic growth. Gold was a clear winner during the 1970s stagflation period, followed by Commodities and REITs.

Wednesday, April 20, 2022

One of the most frequently asked questions by everyone was “Can I contribute to an IRA?” To help answer this question, we will be referencing numbers from the year 2022 throughout the article. ContributionTraditional...

Wednesday, April 6, 2022

The Tax Cuts and Jobs Act (the “ACT”) had doubled lifetime gift and estate tax exemption amount from $5.49million to $11.18 million per individual. This exemption is indexed for inflation, and it increases annually based on...

Tuesday, March 29, 2022

The United States has available an assortment of different retirement plans, such as 401k, 403B, Cash Balance plans, multiple distinct IRA’s, Profit-Sharing Plans, and Pension Plans, etc. Typically, people are confused about...

Thursday, March 24, 2022

  Well, we hope none of us would like to be stuck in an eternal triangle, and we believe most of us have heard of the mysterious place Bermuda Triangle. However, have you heard of the term “Goodman Tringle”? Today, let...

Tuesday, March 15, 2022

"I lost money from investments last year, but why do I still need to report capital gain tax?" Find out the answer in our short video below, and subscribe to our YouTube channel. Script by Tina Sun, CFA, EA; video created by Shiyun Ye.

Monday, March 14, 2022

"Why do I still owe tax while I did not sell any of my RSUs?" Find out the answer in our short video below, and subscribe to our YouTube channel. Script by Yisha Wang, CPA; video created by Shiyun Ye.

Monday, March 14, 2022

Have you ever wondered, my company is growing fast, and the stock price has been increasing, but my salary stays the same unless I receive a promotion? How can I benefit or be compensated with the company improvement as a loyal...

Friday, February 18, 2022

In general, the 7 types of equity award can be categorized under 3 main groups: Share-based awards, Options-based awards, and Equity Awards Plus Performance.Three Share-based awards: might worth something at vesting (if the company...