1099 Tax Information from LPL

Important Tax Reminder: IRS 1099 Mailing Deadline is February 17, 2015

Effective since 2009, Section 6045(b) of the Internal Revenue Code extended the due date to furnish 1099 Consolidated Reporting statements to customers from January 31 to February 15. Since February 15, 2015 will fall on a Sunday, the IRS has extended this date to February 17, 2015.

LPL Financial plans to begin mailing consolidated 1099s on February 2, on a staggered mailing schedule. In order to minimize correction forms, holders of securities that do not send final tax distribution information until February (mutual funds, REITs, CMO/REMICs, UITs and certain foreign securities) will have their consolidated forms mailed starting February 17, 2015.

As it is common for investment companies to amend tax information, LPL Financial will request a supplemental mailing extension in the event investment companies do not furnish tax information to LPL Financial in time for its own February 17 mailing deadline. Holders of securities impacted by delayed tax information will have their consolidated 1099 form mailed March 16, 2015.

Member FINRA/SIPC

Will Shoppers Bring Holiday Cheer for Markets?

ShoppingWe think the holiday shopping season may bring some holiday cheer for the markets this year. The U.S. consumer is in good shape, the season got off to a strong start, and …

Read the full commentary.

Where Do We Go Now?

Where do we go now?

This video illustrates the current investment environment with a focus on the advantage of getting cash off the sidelines for greater returns.

Vance

Watch now.

 

Solid Earnings Season Spelled Out

weekly-marketWhile the certainty provided by an election outcome has been positive for the stock market over time, our positive stock market outlook is based much more on fundamentals…

Read the full commentary.

S&P Is Not GDP

Stock chart arrowsIt is important to recognize that the S&P 500 is not GDP.  S&P 500 companies have different drivers for earnings than the components that drive GDP…

Read the full commentary.

Mythbusters

Here is a very timely topic discussing LPL Financial Research and how they manage model portfolios. Enjoy. 

Mythbusters 
Vance

Market Insight

3rd Quarter Review.

Read  Market Insight

Vance

Oil Hits the Skids

Oil RigThis week we turn to an area that has already entered bear market territory and discuss our outlook for oil and the energy sector…

Read the full commentary.

Recent Volatility

I’ve received several calls in the past few days about the recent swings in the stock market. This link provides my perspective and opinions of LPL Research to help keep current events in context.

Recent Volatility

Vance

Earnings Preview: Welcomed Opportunity

Weekly Market CommentaryEarnings season is here and may counteract the negative headlines with another dose of positive fundamental news.We expect the third quarter of 2014 could…

Read the full commentary.