tag:blogger.com,1999:blog-85667575746680044512024-02-07T00:00:52.253-05:00Hartzman Tax & FiduciaryTax Preparation, Contrarian Financial Consulting, Investment, College & Estate Planning, Debt, Property & Business Consigliere Advisory, Healthcare, Home, Auto & Business Assurance Consulting
Unknownnoreply@blogger.comBlogger3150125tag:blogger.com,1999:blog-8566757574668004451.post-22836387321794408252024-01-24T09:02:00.001-05:002024-01-24T09:03:14.417-05:00George HartzmanGeorge Hartzman began working as a Financial Advisor in 1993, taught CPA and attorney continuing education and has been an independent fiduciary since 2012.A fiduciary relationship requires an advisor to act in a client’s best interest.Objective; Leave others better off for my having existedHartzman Tax & FiduciaryJan 2007 - Present; Greensboro, North Carolina - Tax Unknownnoreply@blogger.comtag:blogger.com,1999:blog-8566757574668004451.post-77387701108220938372022-08-05T00:00:00.002-04:002023-11-21T16:41:53.043-05:00Planning can enhance the chances of creating a higher likelihood of a better present by securing need and achieving want in the shortest time with the least risk.There are 100 random numbers below. In 5 seconds, find number 1, and in order, try to reach 10 before time runs out; GoPeople are usually more convinced by reasons they discovered themselves than by those found by others.Blaise PascalSame thing only different, except for the cross hair line pattern. Touch number 1 in the upper left corner then 2 in the upper right and then down etc… Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-73335669775761177132022-07-29T10:29:00.000-04:002023-11-19T10:43:21.530-05:00The Big Short; Hartzman Edition; Some of my 2007-2009 Great Financial Crisis History In 1999, after working at J. C. Bradford in Greensboro, North Carolina, George Hartzman, the son a Ph.D. Nuclear Engineer who taught him what a normal equity valuations were supposed to be for publicly traded stocks, found financial markets way out of whack.As the top of the stock market peaked in 2000 after the Y2K scare, George set up stop loss triggers in many of the most overstretched Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-9151766820234052582022-07-27T10:33:00.000-04:002023-11-19T22:30:57.877-05:00Have as much fun as soon as possible with the least amount of Risk for as long as you can, while leaving others better off for your having existedBegin. Write down thoughts and questions as you go. Note interrelations, contradictions, anecdotes, analogies etc… to initiate debate, encourage independent verification and promote self-examination.Question what did, is, could, should and shouldn’t. Investigate unknowns. Weigh author and self-bias. Confirm assumptions. Learn from misconceptions. Focus, observe and Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-29380133833529563512022-07-25T15:48:00.000-04:002022-08-08T10:25:03.416-04:00Financial (Investment) Plan ManipulationFinancial Plans can be altered to sell investment clients and prospects on new investment ideas or staying on a current course with a Financial Adviser by showing misleadingly rosy computer generated long term wealth accumulation outlooks. An example of a Financial Plan summary attached to client monthly statements;In 2012, a Wells Fargo Envision Investment Plan Sales Manager said “There areUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-58905954254528624902022-06-30T23:20:00.000-04:002023-11-19T22:29:59.766-05:00On FICO Scores and Building, Repairing and Maximizing Credit scores Credit scores are designed to measure default risk. Understanding how the lending industry determines creditworthiness can accelerate building, rebuilding or maximizing borrowing ability and financial stability.A credit report details residence, credit and payment activity for the previous seven to ten years. A FICO (Fair Isaac Corporation) score is a mathematical measurement of the Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-39847454094925510852022-05-03T14:47:00.000-04:002022-08-08T10:26:25.641-04:00Holiday Season Family and Friend Questions
If everyone had to die on their 60th birthday,
and your spouse had to go 3 months before you,
would you choose to die with your spouse 3 months early,
or live without them for 3 more months?
Have you ever received a phone call
and listened to the message on the answering machine,
when you could have picked up?
If you were to invite 2 famous people for dinner,
alive or dead, other than anyone Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-6058496762506254252022-03-19T13:01:00.000-04:002022-03-19T13:01:24.099-04:00401k, 457, 403b's and the Federal Government's Thrift Savings PlanMost U.S. retirement plans offer high-cost, growth retarding investment choices for employees hoping to retire with comfortable incomes.
Unlike expensive financial industry provided plans, the U.S. Federal Government's Thrift Savings Plan (TSP), designed by U.S. Federal Government employees for themselves, may be one of the best performing lowest cost retirement/investment plans in American Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-47159027819318618922022-03-15T20:04:00.001-04:002023-12-02T12:26:53.835-05:00Medicare Audit 2024Without a Medicare Supplement policy or Medicare Advantage plan, a short $150,000 hospital stay including $100,000 in medical services under Medicare Parts A & B should cost about;$1,632; Part A hospital inpatient deductible + $240; Part B deductible+ $20,000; (20% medical services co-pay for $100,000)= $21,872 for the Benefit Period, which could occur again within the same Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-84738475465331613872022-03-01T14:25:00.000-05:002023-09-30T12:50:19.601-04:00IRS Alert on Paycheck WithholdingThe IRS issued an alert on January 19th, urging taxpayers to adjust their 2023 paycheck withholding to prevent facing penalties and interest. Additionally, the rules for 2022 and beyond will be stricter, with smaller refunds expected and some taxpayers potentially owing money to the government.Owing a balance at tax time can create a significant financial burden, particularly if the balance is Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-82563283793089005502022-03-01T11:48:00.000-05:002023-11-21T16:45:45.853-05:00IRS "Dirty Dozen" Tax ScamsScams put taxpayers at risk.Consumers can help protect themselves by choosing a reputable tax preparer.Phishing: Taxpayers should be alert to potential fake emails or websites looking to steal personal information. The IRS will never initiate contact with taxpayers via email about a bill or tax refund. Don’t click on one claiming to be from the IRS. Be wary of emails and websites that may be Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-27064635743254279842022-02-13T10:49:00.000-05:002022-02-13T10:49:02.053-05:00"As of Jan. 28, the tally of outstanding individual and business returns requiring what the IRS calls “manual processing” — an operation where an employee must take at least one action rather than relying on an automated system to move the case — came to 23.7 million" "Nearly 24 million taxpayers are still waiting for the Internal Revenue Service to process their tax returns from last year — a number far larger than previously reported by the agency — with many refunds being held up for 10 months or more.The inventory of unprocessed returns and related correspondence was provided by the IRS’s taxpayer advocate service to the tax-writing committees in Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-57032446437591215072021-01-22T17:57:00.005-05:002021-01-29T10:49:50.421-05:00A potential $3,200 or more in stimulus money is why many between 17 and 24 should file taxes early this year Many taxpayers who were eligible for stimulus checks either didn't receive any or didn't get the correct amounts. About 13 million young people aged 17 to 24 who were listed as dependents on their family's taxes were not eligible to receive stimulus money, based on last year's tax returns for 2019.If dependents between 17 and 24 and some older file a tax return and won't be claimed as a Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-38390598093268271392021-01-07T09:31:00.007-05:002021-01-07T11:55:51.068-05:002021 Federal Income Tax DeadlinesImportant Due Dates for Filing Your 2020 Tax Return and Payments;Monday, January 11, 2021 is the deadline for employees who earned more than $20 in tip income in December 2020 to report to their employers.The deadline to pay tax year 2020 fourth-quarter estimated tax payments is January 15, 2021. Employers have until Monday, February 1, 2021 to send out W-2 forms for 2020 employee earnings Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-50114139951998801262020-11-25T15:44:00.006-05:002020-11-25T15:46:23.804-05:00Guilford County Covid Charts as of 11/24/2020; Highest Seven Day Average New Cases, Hospitalizations and Positive Tests by Age and Death Highest Seven Day Average New Cases;https://www.newsobserver.com/news/local/article241168731.htmlNew Cases per day;Hospitalizations;https://www.guilfordcountync.gov/our-county/human-services/health-department/coronavirus-covid-19-info/covid-19-dataMost Positive Tests are Low Risk Individuals;https://www.guilfordcountync.gov/our-county/human-services/health-department/Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-71569095342293689682020-11-18T08:06:00.001-05:002020-11-18T08:08:24.473-05:00Soybean Pop = Food Price Inflation; Lumber, Corn, Beef, Milk and Rhodium up Big https://tradingeconomics.com/commodity/soybeansThe soybean or soya bean (Glycine max)[3] is a species of legume native to East Asia, widely grown for its edible bean, which has numerous uses.Traditional unfermented food uses of soybeans include soy milk, from which tofu and tofu skin are made. Fermented soy foods include soy sauce, fermented bean paste, nattō, and tempeh. Fat-free (defattedUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-10491808057953981742020-11-17T13:10:00.002-05:002020-11-20T11:34:18.073-05:00A fiduciary relationship requires an advisor to act in a client's best interest. Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-68801405475729059352020-11-16T12:14:00.001-05:002020-11-16T12:14:05.429-05:00"This Special Fraud Alert highlights the fraud and abuse risks associated with the offer, payment, solicitation, or receipt of remuneration relating to speaker programs by pharmaceutical and medical device companies""..The company generally pays the speaker HCP an honorarium, and often pays remuneration (for example, free meals) to the attendees. In the last three years, drug and device companies have reported paying nearly $2 billion to HCPs for speaker-related services.The Office of Inspector General (OIG) and Department of Justice (DOJ) have investigated and resolved numerous fraud cases involving Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-28174861957011659952020-11-15T12:57:00.002-05:002020-11-15T12:57:11.167-05:00City of Greensboro Crime Statistics Week Ending 11/08/2020; Homicides up 34% Year over Year; No Year over Year Traffic Fatalities or Overdose information; Links etc... https://www.greensboro-nc.gov/departments/police/crime-data/weekly-crime-dataNo Year over Year Traffic Fatalities or Overdose information...Friday, October 16, 2020; Guilford County and North Carolina Total Covid-19 Cases and Deaths YTD; What may likely happen nexthttps://greensboroperformingarts.blogspot.com/2020/10/guilford-county-and-north-carolina.html4/29/2020 Links etc...; COVID-19, Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-51816509253801580972020-11-05T23:26:00.000-05:002020-11-05T23:26:24.355-05:00The City of Greensboro raised property taxes by 7.5% in 2019, but most don't know, as our local media didn't tell anyone.Greensboro raised vehicle taxes by 300% in 2016, a $20 increase for every car in every household, while they raised recycling by $2.50 a month, which was another $30 tax increase per household, while Water and Sewer rates increased by four percent, or an average of $1.81 per month, or 21.72 per year.The City of Greensboro and Guilford County have been making poor people pay more so the wealthy Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-33320174114461131982020-10-30T15:09:00.000-04:002020-10-30T15:09:05.678-04:00Guilford County, North Carolina Covid-19 Cases SpikingGuilford County reported 189 new cases October 30 and 205 new cases the day before. Data begins on April 15, 2020 with 10 deaths;Guilford County, North Carolina Covid-19 New Cases Per Dayhttps://www.newsobserver.com/news/local/article241168731.htmlIt took 36 days to reach 50 deaths on 5/21/2020 from 10 on 4/15/2020, 28 days to 100 deaths on June 19, 46 days to 150 in Summer on August 4, and Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-8262131453802358752020-10-16T14:16:00.004-04:002020-10-16T14:16:43.275-04:00Guilford County and North Carolina Total Covid-19 Cases and Deaths YTD; What may likely happen next Guilford County Covid-19Total Cases;https://www.newsobserver.com/news/local/article241168731.htmlTotal Deaths;https://www.newsobserver.com/news/local/article241168731.htmlData back to September 26, 2020;https://www.newsobserver.com/news/local/article241168731.htmlGuilford County Deaths by Age;https://www.guilfordcountync.gov/our-county/human-services/health-department/Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-89582341162556226742020-09-28T12:15:00.000-04:002020-09-28T12:15:09.960-04:00"The Forgotten Financial Panic of 1914""...As the looming outbreak of World War I became more and more imminent when Austria made an ultimatum to Serbia in the last week of July 1914, the resulting fear in global markets set off a massive financial panic. Investors, fearing unpaid debts, pulled out of stocks and bonds in a scramble for cash, which at this point in history meant gold.
The London Stock Exchange reacted by closing on Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-62768525208117068652020-04-11T15:44:00.001-04:002020-04-11T15:44:41.623-04:00COVID-19; Homeowners with federally backed loans can skip mortgage payments for up to a year, regardless of what their banks say"
"The federal CARES Act for the COVID-19 pandemic gives borrowers of federally backed loans the right to contact their mortgage loan servicer and demand what’s called forbearance, skipping their mortgage payments, simply by attesting that the coronavirus crisis has resulted in financial hardship.
No documentation of the hardship is required.
About 70 percent of home loans in the United States —Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8566757574668004451.post-41725737837074296522020-04-10T16:16:00.001-04:002020-04-13T12:07:13.254-04:00COVID-19 Infection thoughts based on monthly global temperatures in time compared to 1918-1919 with links etc...
The influenza pandemic in 1918 and 1919 occurred in three waves, killing about 675,000 in the United States and between 20 to 100 million worldwide.
The first wave eased during the summer of 1918, which looks similar to current event with COVID-19. In the Autumn of 1918, the second biggest wave began. The third wave hit in the first half of 1919, and by the summer the flu pandemic Unknownnoreply@blogger.com0