The Big Beautiful Bill, passed last month, introduced several tax changes that significantly impact parents. To help you navigate these updates, here’s a concise list of key provisions effective in 2025 and beyond, tailored for parents:
Christmas in July | Steve Henderly, CFA
Printer Friendly PDF: August 2025 Commentary
Most think of Christmas as a December holiday, but the idea of “Christmas in July” dates back to the 1930s. Summer camps and resorts in the U.S. began celebrating the holiday in July to capture some of the magic of the season during the warmer months, and the idea spread as a lighthearted excuse for festivities and gift-giving well outside the traditional Christmas season. Today, many retailers run black Friday-like sales events, which some consumers look forward to with much anticipation. Over the last month, investors received their own version of “Christmas in July,” as several long-standing policy uncertainties finally delivered “gifts” in the form of new all-time highs for many US market indexes. Since the start of the year, tariffs, trade policy, taxes, and government spending weighed heavy on the markets. July delivered unexpected joy and excitement.Continue reading