Newsletters

Year-End 2017 Tax Planning Letter

Dear Clients and Friends:

Our Year-End 2017 Tax Planning Letter is now available on our website. The letter offers insights on how to create a tax-saving plan to reduce your 2017 tax bill.

To read the letter, please click here.

Listed below are other valuable topics covered in this issue:

  • Plan now for a smooth filing experience
  • How early Roth IRA funding can make your child a millionaire
  • Don’t count on these tax breaks for 2017

If you would like to discuss any of our Tax Planning Letter topics in more detail, please call Steve at (818) 449-3122 or send him an e-mail at steve@berkson.net.

We hope you find this information both useful and interesting. Contact us to arrange a year-end tax review. Likewise, please let us know if there is anything we can do to help with your financial planning or investment needs.

Warm regards,

Berkson Asset Management, Inc.
Registered Investment Advisor

Quarterly Market Review – Third Quarter 2017

Dear Clients and Friends:

It’s hard to believe that the holidays are approaching once again!  The end of the year is a good time to review your long-term goals and financial plans.  Please let us know if we can help in any way.

Also, we encourage you to take a look at our most recent Quarterly Market Review (QMR).  Click here to view the report.

The QMR provides you with a summary of how the world stock and bond markets performed last quarter.  The QMR also provides a timeline of world events that is intended to serve as a reminder that investors should view daily events from a long-term perspective and avoid making investment decisions based solely on the news.

We sincerely appreciate your continued business and hope that you find this resource valuable.  If you would like to set up an appointment to discuss taking advantage of our services, please contact Steve at 818.449.3122 or steve@berkson.net.

Very truly yours,

Berkson Asset Management, Inc.
Registered Investment Advisor

Fall 2017 Client Update

Dear Clients and Friends:

Our Fall 2017 Client Update is now available on our website.  This edition offers insights on whether it is always a good idea to amend your tax return.  Let’s say you discover a mistake on your return.  What should you do?  Our Client Update provides the answer along with some considerations that should be taken into account.

To read the newsletter, please click here.

Aside from the discussion on amending a tax return, the following is a list of additional topics covered in this issue:

  • Five home office deduction mistakes
  • Boomerang kids: problem or opportunity?
  • Mark Your Calendar – 2017 tax dates
  • Five questions to ask before paying off your mortgage early
  • Tax Talk – How to be sure it’s the IRS calling; and IRS-approved collection agencies accused of illegal practices

If you would like to discuss any of our Client Update newsletter topics in more detail or schedule a tax appointment, please call Steve at (818) 449-3122 or send him an e-mail at steve@berkson.net.

We hope you find this information both instructive and helpful.  Please let us know if there is anything we can do to help with your tax or investment needs.

Warm regards,

Berkson Asset Management, Inc.
Registered Investment Advisor

July 2017 Quarterly Letter

Dear Clients and Friends:

The stock market continued its rally in the second quarter of 2017.  The quarter was good for U.S. equity investors with the market again reaching new highs.  The second quarter of 2017 was also good for foreign equity investors with markets in most developed market and emerging market countries delivering positive returns.  In fact, Russia and Qatar, countries that are both negatively impacted by trade sanctions, were the only developed or emerging market countries to suffer negative returns in the first half of 2017.

The Federal Reserve increased short-term interest rates on June 14, 2017 by .25% to 1.25%.  Despite this rate increase, and in the face of additional likely increases, both the U.S. bond market and the global bond market (excluding the U.S.) produced positive returns in the second quarter 2017.

The following are second quarter 2017 broad index returns:

  • U.S. Stock Market (Russell 3000 Index)                                                 3.02%
  • International Developed Stocks (MSCI World ex USA Index)                 5.63%
  • Emerging Market Stocks (MSCI Emerging Markets Index)                     6.27%
  • U.S. Bond Market (Bloomberg Barclays U.S. Aggregate Bond Index)    1.45%
  • Global Bond Market ex U.S. (Citi WGBI ex USA Hedged to USD)            .60%

As discussed in our letter last quarter,  (more…)

Quarterly Market Review – Second Quarter 2017

Dear Clients and Friends:

It’s hard to believe that we’re already halfway through 2017.  Summer can be a good time to review your long-term goals and financial plans.

We urge you to take some time to review our Quarterly Market Review report to gain an understanding of how the world markets performed this past quarter.  Being proactive will likely increase your chances of reaching your financial goals.  Click here to view the report.

The report also features a quarterly topic, entitled “When Rates Go Up, Do Stocks Go Down?”  Since interest rates are likely to increase over the next few years, we thought this timely topic might help answer questions about stock market performance in a rising rate environment.

We sincerely appreciate your continued business and hope that you find this resource valuable.  If you would like to set up an appointment to discuss taking advantage of our services, please contact Steve at 818.449.3122 or steve@berkson.net.

Very truly yours,

Berkson Asset Management, Inc.
Registered Investment Advisor

2017 Midyear Tax Planning Letter

Dear Clients and Friends:

Summer officially starts this week and we are happy to provide our 2017 Midyear Tax Planning Letter to help you get a head start on your tax, estate, and succession planning needs.  Click here to read the Letter.

With the current uncertainty surrounding tax reform, it would be risky to make any big moves in your current tax strategy; however, it is just as risky staying locked into your old tax planning patterns.  Our Midyear Tax Planning Letter provides insights on steps you can take now to help minimize your taxes and avoid surprises when it comes to your taxable income.

The Letter also provides suggestions on how to ensure your estate planning, as well as succession planning for business owners, meets your objectives using current laws, but remains flexible in the event major tax reform takes effect.

If you would like to set up an appointment to discuss a midyear review of your tax situation, or if you have any wealth management questions or issues, please contact me at 818.449.3122 or steve@berkson.net.

Very truly yours,

Berkson Asset Management, Inc.
Registered Investment Advisor

Summer 2017 Client Update

Dear Clients and Friends:

Our Summer 2017 Client Update is now available here on our website.  This edition offers insights on five midyear tax moves that should be considered now.  With the potential for significant tax reform on the horizon, additional tax planning may be needed later in the year.  However, it is never too early to start thinking about what you can do to reduce your tax liability.

To read the newsletter please click here.

Aside from midyear tax planning moves, the following is a list of additional topics covered in this issue:

  • Can I work while receiving Social Security benefits?
  • Mark Your Calendar – 2017 tax dates
  • Age and taxes – What every parent should know
  • Watch out for these two common scams
  • Consider the risks of credit cards with rewards
  • 10 money-saving tax provisions you may not know about
  • Tax Talk – Tax statistics from the IRS; IRS is now using outside collection agencies; and Catching up on correspondence

If you would like to discuss any of our Client Update newsletter topics in more detail or schedule a midyear tax appointment now, please call Steve at (818) 449-3122 or send him an e-mail at steve@berkson.net.

We hope you find this information both useful and interesting. Please let us know if there is anything we can do to help with your tax or investment needs.

Warm regards,

Berkson Asset Management, Inc.
Registered Investment Advisor

April 2017 Quarterly Letter

Dear Clients and Friends:

The post-election stock market rally extended into the first quarter of 2017.  U.S. equity markets reached new highs during the quarter and stocks in all developed market countries, and most emerging market countries, delivered positive returns. In fact, Russia, Hungary and Greece were the only emerging market countries to suffer negative returns during the quarter.  Despite prospects for higher short-term interest rates, the U.S. bond market also enjoyed solid gains in the first quarter.  At the same time, global bonds experienced slight declines.

The following are first quarter 2017 broad index returns:

U.S. Stock Market (Russell 3000 Index) 5.74%
International Developed Stocks (MSCI World ex USA Index) 6.81%
Emerging Market Stocks (MSCI Emerging Markets Index) 11.44%
U.S. Bond Market (Bloomberg Barclays U.S. Aggregate Bond Index) 0.82%
Global Bond Market ex U.S. (Citi WGBI ex USA Hedged to USD -0.35%

Most financial news outlets are attributing the post-election stock market rally to (more…)

Quarterly Market Review – First Quarter 2017

U.S. and International equity markets performed well during the first quarter of 2017.  Similarly, almost all fixed income sectors posted positive returns in the first quarter.

We examine first quarter 2017 performance in the Quarterly Market Review, which offers insights, graphs, and charts covering world capital market performance and a timeline of events for the past quarter.  Click here to view the Quarterly Market Review.

The featured topic this quarter is “Investment Shock Absorbers”, which considers how owning an undiversified portfolio can trigger similar reactions to a car with worn-out shock absorbers.   (more…)

Spring 2017 Client Update

Dear Clients and Friends:

Our Spring 2017 Client Update is now available on our website.  This edition offers insights on education tax breaks.  If you are eligible, education credits and/or deductions can result in significant tax savings which will reduce the cost of furthering your own education or sending a child to college.

To read the newsletter please click here.

Aside from educational tax breaks, the following is a list of additional topics covered in this issue:

• Savings Bond Interest Exclusion
• Small Changes Can Equal Big Gains in Employee Retention
• Mark Your Calendar – 2017 Tax Dates
• New Foreign Asset Reporting Requires Attention
• 2017 Tax Numbers
• Six Facts About Traditional IRAs Everyone Should Know
• Tax Talk – Why all the questions? Where’s my refund?

If you would like to discuss any of our Client Update newsletter topics in more detail, please call Steve at (818) 449-3122 or send him an e-mail at steve@berkson.net.

We hope you find this information both useful and interesting. Please let us know if there is anything we can do to help with your tax or investment needs.

Warm regards,

Berkson Asset Management, Inc.
Registered Investment Advisor