529 Plans —The Basics

By | 2018-07-11T13:30:37+00:00 July 10th, 2018|Family, Financial Planning, The Blog @JGUA|

Cynthia Rivera, JD Summer has arrived along with our cherished graduation season.  A milestone to be celebrated. With every passing year our kids are inching closer to that long-awaited dream - college. For many students and their families, however, college has become an expensive dream and a lengthy financial burden.  Helping the future college student [...]

The Time Has Come To Grow The JGUA Headquarters!

By | 2018-07-02T21:14:14+00:00 July 2nd, 2018|JGUA Headquarters - Big Flats|

On Friday, June 29th we had the opportunity to tour JGUA's Big Flats property with local contractors as we move along in the process of relocating our Corporate Office to Daniel Zenker Drive. It was definitely exciting to discuss the progress that's being made towards this important milestone in our Firm's history as we quickly [...]

Women in Finance

By | 2018-06-08T10:43:06+00:00 June 8th, 2018|JGUA Cares, The Blog @JGUA|

Earlier this week members of the John G. Ullman & Associates Team were involved in the annual Fund For Women “Inspire” Fundraising Dinner (#FFWInspire) at the Corning Museum of Glass. The Fund For Women’s Mission is “to help girls and women achieve self-sufficiency and realize life goals.” Their Mission is complimentary to the Mission and [...]

Making Sense of Itemized Deductions Under The New Tax Law

By | 2018-06-11T16:53:15+00:00 May 14th, 2018|Financial Planning, Tax Planning & Preparation, The Blog @JGUA|

MAKING SENSE OF ITEMIZED DEDUCTIONS UNDER THE NEW TAX LAW Lynda Tull, Associate Advisor If you’re a homeowner and you’re above the standard deduction, chances are you or your tax preparer have itemized your deductions. These deductions include, but are not limited to: Home mortgage interest payments City/state/school property taxes Personal property taxes State income [...]

Lumpy Itemized Deductions: Let the Strategy Games Begin

By | 2018-08-08T12:57:37+00:00 January 25th, 2018|The Blog @JGUA|

Nick Jensen, CPA              Associate Advisor Now that the Tax Cuts and Jobs Act has been signed into law new strategies are emerging that individual taxpayers should consider.  Under the new law the standard deduction is increased for individual taxpayers through the year 2025.  The new law also includes limitations or elimination of some itemized deductions. [...]

When to Take Social Security – Your Options and What To Consider.

By | 2018-08-08T12:54:47+00:00 January 18th, 2018|The Blog @JGUA|

When it comes to Social Security Benefits, it can be tempting to take the money and run as soon as you're eligible—typically at age 62. But simply because you can; does it mean that you should? Alexander K. Ognenovski II, JD* Associate Advisor Key Considerations: Health status, lifetime longevity, and retirement lifestyle are 3 variables [...]

To Pre-pay or Not To Pre-Pay

By | 2018-01-25T11:58:10+00:00 January 2nd, 2018|The Blog @JGUA|

Questions linger in regards to Year-End Tax planning post passage of GOP Tax Bill... With the passage of the GOP Tax Bill, many questions are lingering about the impact to taxpayers heading into the New Year. The clock is ticking to make sure taxpayers take advantage of any opportunities to maximize deductions on their 2017 [...]

Happy #GivingTuesday!

By | 2018-05-18T14:21:31+00:00 November 28th, 2017|Charitable Giving, The Blog @JGUA|

Your Guide to Charitable Giving this Holiday Season Sara Rolls, Associate Advisor What is #GivingTuesday? According to www.givingtuesday.org #GivingTuesday is celebrated on the Tuesday following Thanksgiving (in the U.S.) and the widely recognized shopping events Black Friday and Cyber Monday. #GivingTuesday kicks off the charitable season, when many focus on their holiday and end-of-year giving. [...]