Posts by Nicholas Hoffman and Company

1/16/2024 In late 2017, when the Tax Cuts & Jobs Act became law, the use of the acronym “SALT” became common. Standing for State and Local Tax, the topic of SALT draws fierce reactions from residents of states with high income taxes. Prior to 2017, higher-income taxpayers in states with high state income tax rates…

1/8/2024 I am writing this weekly while walking on a mobile treadmill in our office. I have not been able to log many hours on the treadmill because it is in high demand. Some of my colleagues log 10,000 steps while working before the market even opens. As we start the new year and many…

1/2/2024 I witnessed many new beginnings in 2023 for some of the oldest members of Generation Z (those born between 1997 and 2012). These included college graduations, new jobs, and marriages. Some bought new houses, while others decided to move back into their parents’ homes to increase savings (nothing wrong with that!). These reflections turned…

12/26/2023 As the year draws to a close, there is a special magic in the air—a blend of twinkling lights, warm cocoa, and the joyous spirit of the year-end holidays. Amidst this enchantment, we find ourselves reflecting on the fulfilling journey we share with you: our clients, investors, and cherished friends. This is a time…

12/18/2023 Two of the most significant economic drivers for our region are the Ports of Savannah, GA, and Charleston, SC. These two locations are responsible for shipping and receiving billions upon billions of dollars of goods annually. If you take time out on your next trip to either city, you will be amazed to see…