Hong Kong Rises Despite Deflation Reading

China Last Night KraneShares Key News Asian equities were mostly higher overnight as Mainland China underperformed. Hong Kong was higher overnight despite China’s July CPI release of -0.3% year-over-year indicating deflation. Policymakers talked stimulus overnight, which likely kept Hong Kong afloat as investors expect an even stronger policy response to falling consumer and commodity prices.…

Mid-Year Tax Planning Checklist Notes

Mid-Year Tax Planning Checklist Notes SHUTTERSTOCK 2023 Federal Tax Forms 1099-DIV – Reports ordinary and qualified dividends and short- and long-term capital gains distributions for taxable and tax-exempt accounts. 1099-B – Reports exchange and redemption activity in non-IRA accounts. 1099-R – Reports withdrawals from retirement plan accounts and IRAs, including distributions, rollovers, conversions, recharacterizations and…