By: Ara Oghoorian, CFA, CFP, CPA Updated: November 24, 2023 If you trade a substantial amount of securities on a regular basis, you may qualify for Trader Tax Status (TTS) and be able to deduct expenses related to your trading business, offset your W-2 income, deduct losses greater than the current $3,000 annual limit against…
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Understanding LA County Property Taxes: Assessment Process and Effective Appeal Strategies
By: Ara Oghoorian, CFA, CFP, CPA Updated: November 14, 2023 Do you feel that your property taxes are higher than they should be? Real estate values are starting to decline because interest rates have risen so sharply and if you recently bought your property, you may be overpaying in property taxes. If so, you can…
How to Invest in Artificial Intelligence (AI)
Artificial Intelligence (AI) is currently making significant waves in the technology industry. Numerous semiconductor and tech giants are channeling substantial investments into AI, and it’s evident that AI’s influence is here to stay. However, despite its promising future, the AI market remains in its nascent stage, and some short-term volatility may be expected. If…
Year-End Tax Strategies
As the year draws to a close, it’s the perfect time to take stock of your finances and implement some strategic moves to minimize your tax liability and optimize your investment portfolio. By planning ahead, you can set yourself up for a more financially secure future. Here are 14 year-end tax and investment strategies to…
A Comprehensive Guide to Eligible 529 Plan Expenses: Maximizing Your Education Savings
529 plans are an excellent tool for saving for future education expenses, offering numerous tax advantages and flexibility. These state-sponsored investment accounts are designed to help families and individuals save for education-related costs, including college, vocational schools, and even K-12 education. Understanding the eligible expenses that can be covered by 529 plan funds is crucial…
Silicon Valley Bank & Safe Cash
Silicon Valley Bank Failure As you may have heard on Friday, the FDIC took over Silicon Valley Bank (SVB) sending investors and the banking community into panic mode. Ara has extensive experience in banking, started his career at the Federal Reserve Bank, and serves on the board of directors of Mission Valley Bank. Therefore, this…
