What you will find in this issue:
  • State of the Market is in session tonight!
  • Weekly Update: Solid readings on some key indicators
  • KCFA is in full-swing in our Tax Season! Have you booked your APPT or called to use our drop-off service?
  • Tax News from Mary Whitchurch: Why Should I Use Direct Deposit for Tax Refunds?
  • NEW Healthy Living Section: Elizabeth Goodwin has added a new healthy living section to our newsletter. This week we are sharing a healthy living talk at KC Financial. There are ONLY 8 spots for this!
  • Weekly Quote, Tip, Riddle and Recipe of the Week!
State of the Market is in Session Today!
In this month's "Monthly Economic Update", David Dickens will share some key points along with some answers to frequently asked questions from this event.

Stay tuned for March's Monthly Video Update!
March 6th Weekly Financial News

This week's headlines ...
  • CB: Plenty of confidence in the economy
  • Solid readings on some key indicators
  • New home sales retreated 7.8% in January
  • Major indices take weekly losses

4 ways to cut your taxes under the new law
Source: CNBC

  • Six out of 10 affluent adults expect to change their financial plans due to new tax law.
  • The estate and gifting exemption is up to about $11 million per person, double the levels under the old law.
  • Entrepreneurs: Grab a 20 percent deduction against qualified business income.
Mary Whitchurch shares this latest Tax News
Also our tax appts. are filling up fast!
Why Should I Use Direct Deposit for Tax Refunds?*

Is direct deposit the best way to get your tax refund? The IRS says, "yes," which is why 80% of taxpayers designate direct deposit on their returns.

Here are 4 good reasons why:

  1. Speed: It's the fastest way to get your money. Filing electronically also speeds up the process. Taxpayers can use IRS Free File to prepare and send their forms.
  2. Security: Refunds go directly into your bank account. You don't have to worry about lost checks or stolen mail. The IRS uses the same electronic direct deposit system that the Social Security Administration and the Veterans Affairs uses for nearly all their benefits. 
  3. Simple: The IRS's e-file software makes direct deposit easy. Paper filing also provides simple instructions, which requires having available your correct figures for your bank account and routing number.
  4. Choices: The agency provides convenient alternatives for taxpayers, including splitting refunds into several accounts. Accounts may include checking, savings, health, education, or certain retirement holdings. IRS Form 8888, Allocation of Refund, allows you to divide your refund into up to 3 accounts. 

The IRS recommends having refunds deposited into accounts with your name, your spouse's name, or both. Don't designate accounts owned by others. Check with your bank to learn its requirements for depositing checks.
* This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.

Tip courtesy of IRS.gov [1]
NEW Healthy Living Section:
Healthy Living Talk on March 22nd
Through our surveys, many of you have shared you are interested in a health and wellness talk.

Elizabeth shares this 30 Days to Healthy Living workshop.

5 key areas of the 30 days of Healthy Living.

"Health is not valued until sickness comes." -Dr. Thomas Fuller

Many people don't realize that fatigue, foggy thinking, poor sleep, excess weight (especially in the stomach, hips and thighs) and even aging skin indicate nutritional deficiencies that can be reversed. Adopting a healthier lifestyle for you and your family can be easy to talk about, but difficult to get started without a plan. The "30 Days to Healthy Living" plan is simple to follow and therefore, simple to complete.

  1. Eat Clean
  2. Increase Nutrient Intake
  3. Eliminate Allergenic and Addictive Foods
  4. Balance Blood Sugar
  5. Support Elimination Organs


Thursday, March 22nd
KC Financial Office
11:00 - 12:00 pm
Hosted by Mandy McCoy

We will be sampling one of the recipes from the 30 days!

If you are interested in learning more about this program please RSVP with Elizabeth. There are only 8 spots for this event. And if we fill this talk, we can host this topic again in the future or talk to you individually!

(913) 317-1414

Weekly Quote, Tip, Riddle & Recipe
 
WEEKLY QUOTE -   “Prejudice is the child of ignorance.”     
- William Hazlitt

WEEKLY TIP -   If you are on the verge of retiring, you may want to defer some income until you do retire (and presumably find yourself in a lower tax bracket). That choice could lead to tax savings.   

WEEKLY RIDDLE -   It can hold back cattle, pets, and even people, but never with an order or a command. What is it?
   
 
Last week’s riddle:
You can crack it, share it, tell it, make it, play it. What is it, can you name it?
    
Last week’s answer:
A joke.
Recipe of the week!
from The Pioneer Woman
If you’re in a similar situation but ever happen to find yourself in the position of having a couple of beautiful pieces of salmon out of the blue, however, this is a tremendously delicious dinner that takes almost absolutely no time to make. Just the way I love to eat salmon (or any piece of fish, for that matter)—with a sticky sauce that’s got more flavor than I know what to do with.  


Do you have a friend or colleague that could benefit from KC Financial Advisors services? 
 
If you know someone who:

  • Would like a second opinion.
  • Doesn't have an income plan.
  • Recent job change - Needs help rolling over 401K
  • Organizing your orphaned 401K's.
  • Is recently widowed or divorced.
  • Still has the same portfolio they did in 2008, but are hoping to find a different result this time.
  • Is looking to reduce their taxes.

Please provide us their contact information or give them our name.

We truly appreciate the opportunity to serve you & those who are important to you! 
Office Information
KC Financial Advisors
Located in Corporate Woods
10975 Grandview Dr. , Ste. 190, 
Overland Park, KS 66210
(913) 317-1414
      
Citations.
[1] www.irs.gov/newsroom/heres-five-reasons-to-use-direct-deposit-for-a-tax-refund

Disclosures:
Disclosure: Dickens Law and KC Financial Advisors are two separate companies, although they share office space. When Dickens Law renders services or gives advice, it does so only on behalf of the Law Firm, and not on behalf of the Financial Firm. Likewise, when KC Financial Advisors renders services or gives advice, it does so only on behalf of the Financial Firm, and not on behalf of Dickens Law, LLC.

Investment Advisory Services are offered through Brookstone Capital Management, LLC, an SEC Registered Investment Advisor. KC Financial Advisors and Brookstone Capital Management LLC are separate companies. These views should not be construed as investment advice. Neither Brookstone Capital Management LLC nor any named representative gives tax or legal advice. All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. Please consult your financial advisor for further information.

Brookstone Capital Management (BCM) and its Investment Advisor Representatives act as fiduciaries for all of our investment management clients. We have an obligation to act in the best interests of our clients and to disclose any conflicts of interests and all associated fees. Additionally, the recently enacted Department of Labor (DOL) Fiduciary Rule imposes a fiduciary duty upon advice given to any retirement account, including qualified insurance annuity products. Please refer to the BCM firm brochure (Form ADV 2A) for additional information regarding the fiduciary standard.

The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), should not be construed as an endorsement of the wealth manager by Crescendo Business Services or any client. The award methodology does not evaluate the quality of services provided. The award is not indicative of the award winners future performance. For more information on the Five Star Award and the research/selection methodology, go to: www.fivestarprofessional.com/wmresearch .