Andrew Kyriacou Tax Strategies to Save You Money

Andrew Kyriacou - 100 Dollar Puzzle

Every person needs a plan related to income tax, and to develop this plan you need an expert advice. Andrew Kyriacou is a financial expert who has over 22 years of experience as a financial advisor focusing on tax situations.

Since he joined Andresen Tax, he has been working as an expert for handling the high-level tax issues that are founded in the income tax strategies. He also develops tax strategies to help his clients. If you are looking for help from an expert, then check out the Andrew Kyriacou TaxStrategies.

Andrew Kyriacou Tax Strategies

These strategies can be used to for resolving tax-related issues for anyone who is suffering from large income tax payments. As you may know, it becomes a time of depression income tax needs to be paid each year. Here are some tips to keep more money in your pocket.

1. Try to Maximize Your Savings.

If you have the financial means you should put as much money as you can into your personal retirement accounts… Roth IRAs, 401(k)s, etc. Any amount you can save is smart, but if you have the means, contribute the maximum that is allowed by your account.

2. Try Deferring Some Income.

If you might be entering a higher tax bracket, then you’re probably concerned about the ramifications. You should consider deferring one or two paychecks until next year, or defer other income to minimize your current liability.

3. Accelerate Deductions.

Along with deferring income, you can pay some deductible expenses this year instead of next year. This will temporarily lower your income and income taxes.

If you are self-employed you can prepay the balance of your state tax this year rather than waiting for January. This will secure the deduction for this current tax year.

4. Donating Appreciated Securities to Charity.

Most publicly traded securities with unrealized long‐term gains can be donated to a public charity (501(c)(3). To do this you can claim the fair market value as an itemized deduction on your federal tax return — up to 30% of your adjusted gross income. You won’t owe capital gains taxes because the securities were donated, not sold.

Andrew Kyriacou Market Update for the Holiday Season

Andrew Kyriacou Holiday Tips

The holidays are coming!

We all know the holidays are a fun time and bring a lot joy and happiness. BUT, the holidays also mean increased spending. We have to get gifts for our family, relatives and friends. We also spend more money going to visit people during the holidays.

Many people also like to do some charity during the holiday season. As you know, the funds that you give to a charity are also tax deductible. You are eligible for up to 50% deductible when we donate in complete cash.

The holidays are a time for big spending, but also a time for big earnings. So, prepare accordingly.

My ‘Andrew Kyriacou Market Update’ will give you some facts about the market and where how to prepare.

The Market

According to Andrew Kyriacou the value of the market changes every day, so there is no fixation within market strategies. As business changes according to the market, we have to change according to the cost that we have to spend on anything in the market. The expense on daily purchases can change and no surety that they will decrease or increase. The rise in market rates is usual whenever a season starts because the start of a season is time to get more profits from your investments in the market.

Because most fortune 500 companies are cyclical in the yearly revenue, they often rely on the holidays for a huge boost in revenues… this often primes the market to spike ahead of 4th quarter revenue projections.

Wise Investments

Andrew Kyriacou often shows his clients how to make a wise investments and financially beneficial charity donations during the holiday season. You can complete your planning for the assets that you want to put into the charity. Donations are not under the complete deduction, but you can learn about the deduction process before paying funds to any public or private charity.

If you are a legal taxpayer you should always follow the guide lines of the Internal Revenue Service. The deduction goes on up to 5 years on the cash charity and the assets are considered as fair market value when they are held for more than 1 year. The costs are on increase and the Andrew Kyriacou Market update is here to help you in making a perfect decision regarding you holiday season expenses. An advisor with expertise will define you every bit of the holiday season market update strategies. May the context is helpful for you and guide you in the right way towards making holiday season charity this year.

Market Volatility After the Midterm Elections by Andrew Kyriacou

Market Update from Andrew Kyriacou

I wrote this open letter to my HNWI clients following the recent midterm elections… ‘Market Volatility After the Midterm Elections by Andrew Kyriacou’:

Good Afternoon,

The potential outcomes of the midterm elections have been dominating the news lately. As October reminded us, investors and the markets typically do not like uncertainty. With Democrats taking control of the House of Representatives, and Republicans maintaining their majority in the Senate, this clarity may bring some reassurance for investors.

Throughout 2018, we have been expecting a return to more normal levels of market volatility (after experiencing very little in late 2016 and 2017), driven by forces such as potential economic growth, inflation concerns, rising interest rates, trade tensions, and political uncertainty. In fact, the S&P 500 Index has slipped into “correction territory,” defined as a 10% decline from a recent high, on three separate occasions this year. While potential tariffs and Federal Reserve policy may have garnered most of the headlines, the underlying uncertainty around the U.S. midterm elections has probably also been pressuring markets.

Midterm Election Years

Historically, midterm election years are the most volatile of the four-year presidential cycle. Equity markets are typically unable to sustain any lasting momentum because investors are awaiting the outcome and considering how it may influence policy, the economy, and in turn, the markets. Occasionally, market participants conclude that the potential for political “gridlock”—a divided Congress—is a favorable outcome, as that suggests any extreme political or economic measures are unlikely. Since 1950 the U.S. stock market has consistently displayed a sort of “relief rally” after the midterm elections; so if history repeats itself, we may see strong performance through the rest of 2018 and into the first half of 2019.

Democrats in control of the House

Although clarity may be all that the stock market is looking for, there are several important policy implications for investors to consider in light of this year’s results. With Democrats taking control of the House, “gridlock” may in fact mean a better sense of political balance for many market participants, as it limits the potential for the policy pendulum to swing too far in any one direction. We may also see an infrastructure spending deal and progress on trade, which could provide further support for the markets. On the other hand, the debt ceiling debate may create renewed uncertainty if Democrats attempt to roll back some of the recent tax cuts in order to reach a deal on the federal budget, and increased scrutiny of the administration may periodically weigh on market sentiment.

Looking ahead, a traditional post-midterm election rally may follow as investors attempt to identify asset classes, sectors, and industries positioned to benefit from the election results. Although considering the deep domestic political divide, as well as the ever-present global challenges, it is prudent to prepare for further bouts of market volatility in the year ahead. It is also important to stay focused on those factors that traditionally drive markets in the long run: not political headlines, but rather the solid fundamentals supporting economic growth, the direction of interest rates, and the impact of corporate profits on the financial markets.

As always, if you have any questions or concerns please contact me and the Andersen Tax Wealth Management team.

Sincerely,

Andrew Kyriacou

Andrew Kyriacou

Read my latest Market Update white paper at: https://andrewkyriacou.tips/wp-content/uploads/2018/11/Andrew-Kyriacou-Market-Report-Nov.1-.pdf

Andrew Kyriacou Market Report cover