Barnes Financial Services

A Poem for Tax Prep Encouragement form the Barnes Financial Family!

A Poem for Tax Prep Encouragement The Barnes Financial offices (New York, Indiana and Houston) want to offer a little encouragement to those who feel the challenge of preparing for the tax se...

Business planning allows you to set clear goals and objectives, identify potential opportunities and develop strategies to capitalize on them. A well-crafted tax-intelligent business plan can help you save money, streamline operations, and improve your overall financial performance. By taking the time to plan, you can set up your business to be successful and sustainable in the long run. Don't overlook the benefits of business planning - start crafting your plan today!

Avantax Intelligent Planning: Business Planning Most businesses in the U.S. are not run by corporations, but rather families. Planning for contingencies in running a business allows for both employer and e...

Major indices are on pace to finish the month higher with the S&P 500 set to finish March a little more than 2% higher. Thursday’s final reading of Q4 2023 real GDP growth is expected to remain unchanged from last month’s estimate of 3.2%, while Friday’s release of the Core PCE Price index is expected to show inflation at around 2.8% year-over-year.
https://www.avantax.com/about/articles/mid-week-market-minute-3-27-24

In this month’s market update video, Ivan Gruhl, CFA®, Co-Chief Investment Officer at Avantax recaps January and discusses the Federal Reserve, economy, corporate earnings and our outlook for the months ahead.

Market Update February 2024 In this month’s market update video, Ivan Gruhl, CFA®, Co-Chief Investment Officer at Avantax recaps January and discusses the Federal Reserve, economy, corp...

A new tax year is here, bringing several impactful changes to standard deduction and child tax credit amounts, retirement plan contributions, and more. Here are three of the most important tax changes we’re keeping in mind as we prepare our clients’ 2023 tax returns.

Top Three Tax Changes for 2023

Stocks posted a slight gain last week amid a shortage of news and light holiday trading. The Dow Jones Industrial Average gained 0.76%, while the Standard & Poor’s 500 added 0.49%. The Nasdaq Composite index advanced 0.32% for...

Weekly Market Insights: S&P Ends 2023 Up 26%

Mother's Day Special Podcast: Cultivating Generational Wealth with Gail Barnes, CPA MBA
://youtu.be/JXebwvaENQk

Mother's Day Special: Cultivating Generational Wealth with Gail Barnes, CPA MBA Gail A. Barnes, CPA, MBAowner of Barnes Financial Services (Indianapolis, IN)Gail brings over 30 years of accounting expertise and small business know-how to...

Turmoil in the financial sector led to a sharp sell-off in stocks last week after the Federal Deposit Insurance Corporation (FDIC) announced the closure of Silicon Valley Bank on Friday, March 10. The closure of Silicon Valley Bank marked o

Silicon Valley Bank Collapse – Is it An Isolated Event? Last week’s closure of Silicon Valley Bank (SVB) marked one of the largest bank failures in history and sparked fears over the health of the entire financial system. While the situation remains fluid, below you’ll find a high-level overview.

Eli Lilly and Co will cut prices of its Humalog and Humulin injections by 70% and cap monthly out-of-pocket costs at $35 at certain retail pharmacies for people who have private insurance. CNBC has the details:

Lilly to cut insulin prices by 70%, cap costs at $35 per month for people with private insurance The announcement comes amid growing federal pressure to lower the cost of insulin prices.

What is an Annuity?What you should know about them.Individuals hold about $2.2 trillion in annuity contracts; a tidy sum considering an estimated $9.2 trillion is held in all types of IRAs.1Annuity contracts are purchased from an...

What is an Annuity?

The S&P 500 snapped a streak of three consecutive down weeks. Key employment data due this week with ADP report on Wednesday and U.S. nonfarm payrolls report on Friday.

Market Recap – Week ending Mar. 3 — Avantax® Wealth Management

Barnes Financial Services would like to honor the service, legacy and sacrifice of our African American heros. Join us in celebrating Black History!