News Notes

News Notes

News Notes

July 11, 2022: Companies that report earnings this week include: VOXX International (VOXX), Pepsico (PEP), Sonotek (SOTK), JP Morgan (JPM), Chase Corp (CFF), and United Health Group (UNH).  Investors will be watching Q-2 results, plus paying close attention to the earnings and expense guidance going forward.

Money Maxims

Probably the easiest and wisest way to save on taxes is to contribute the maximum to your 401(k) or ERA.  Think of this as paying yourself first.  You win two ways: you cut your current taxable income, and you are saving money for your retirement !

Week Ending 7/08/2022

Index Close This Week YTD 52-Week High and Low
S&P 500 3,899 +1.98% -17.5% 4,818 – 3,636
NASDAQ 11,635 +4.58% -25.3% 16,212 – 10,565
DJIA 31,338 +0.82% -12.8% 36,952 – 29,653

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© All Rights Reserved - Sinclair Financial Solutions • Updated July 11, 2022 • Privacy Notice * The IRS describes taxable compensation in general terms as what you earn from working. This specifically includes wages, salaries, tips, professional fees, bonuses, and other amounts you receive for personal services rendered. The IRS considers as taxable compensation all amounts properly shown on your W-2 in Box 1, provided that amount is not reduced by any amount entered in Box 11. For IRA purposes, scholarship and fellowship payments are taxable compensation only if shown on Form W-2 in Box 1. Consult your tax advisor and/or www.IRS.gov for more information. Updated by Kristin P. Sinclair July 11, 2022 from Rock Hill SC. Kristin P. Sinclair is insurance licensed in NC and SC (NIPR NPN#5550263). Kristin P. Sinclair, RTRP AFSP 1040 Series Tax Returns and Additional Schedules.

Donn J. Sinclair, MBA is SC insurance licensed in NC and SC (NIPR NPN #1722815). South Carolina Real Estate License #76530,and NRDS #554027312. @Sinclair Financial Solutions is independently owned and operated. Donn Sinclair offers Securities through Fortune Financial Services, Inc.

@Sinclair Financial Solutions is independently owned and operated. Donn J. Sinclair, MBA is SC insurance licensed in NC and SC (NIPR NPN#1722815). Investment Advisory Services offered through Prosperity Wealth Management, Inc., 2333 San Ramon Valley Boulevard, Suite #200 - San Ramon, CA 94583. Securities offered through Fortune Financial Services, Inc., 3582 Brodhead Road, Suite #202 - Monaca, PA 15061; Member FINRA/SIPC; branch office of record located at 948 Myrtle Drive Rock Hill, SC 29730. Sinclair Financial Solutions, Prosperity Wealth Management, and Fortune Financial Services, Inc are separate entities. SC Real Estate License #76530, and NRDS #554027312.



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