{"id":32291,"date":"2018-06-08T02:36:33","date_gmt":"2018-06-08T06:36:33","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/?p=32291"},"modified":"2018-06-11T06:11:49","modified_gmt":"2018-06-11T10:11:49","slug":"market-volatility-is-normal-small-businesses-should-remain-calm-as-things-play-out","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2018\/06\/market-volatility-is-normal-small-businesses-should-remain-calm-as-things-play-out\/","title":{"rendered":"Market Volatility Is Normal; Small Businesses Should Remain Calm As Things Play Out"},"content":{"rendered":"<figure id=\"attachment_32292\" aria-describedby=\"caption-attachment-32292\" style=\"width: 195px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-32292\" src=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2018\/06\/investment-tips-hedley-c-195x300.jpg\" alt=\"\" width=\"195\" height=\"300\" \/><figcaption id=\"caption-attachment-32292\" class=\"wp-caption-text\">Kevin M. Hedley, partner with Hedley &amp; Co. PLLC, Saratoga Springs.<\/figcaption><\/figure>\n<p>By Jill Nagy<\/p>\n<p>Investment strategies in today\u2019s complex economic environment can cause small business people and individuals to pause.<\/p>\n<p>\u201cEvery business owner has different issues to deal with and there is no one answer for everybody,\u201d said Kevin Hedley, a principal in Hedley &amp; Co. PLLC, Certified Public Accountants in Clifton Park.<span class=\"Apple-converted-space\">\u00a0 <\/span><\/p>\n<p>In looking at investment strategies, near the top of his list this year is reviewing the structure of the business in view of recent changes in the tax code, he said.<\/p>\n<p><!--more--><\/p>\n<p>For example, business owners with a \u201cpass-through\u201d corporation\u2014one which pays income directly to the owners\u2014can take advantage of a new tax provision that will allow them to deduct 20 percent of that income from their net income on their individual income tax returns. That could be more advantageous than the reduced tax rate on corporations\u2019 income coupled with individual taxes on dividends.<\/p>\n<p>Pass-throughs have their income \u201cpass through\u201d to the owners to be taxed under the individual income tax. Pass-through businesses include sole proprietorships, partnerships, and S-corporations.<\/p>\n<p>\u201cEntity planning is always extremely important,\u201d he noted.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>While every business owner has different issues to deal with when making investment decisions, Hedley sees the main categories of concern to be tax liability, retirement plans, and excess cash.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>In the early years of a business, a Roth IRA may be the only reasonable investment option, he said. As the business matures and earnings increase, the owners may look at setting up 401(k) retirement accounts and other more complex investment vehicles. It depends upon age, risk tolerance and the years before retirement.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Long-term strategies are important, he said. Owners of more mature companies<span class=\"Apple-converted-space\">\u00a0 <\/span>may need advice on trust planning, creating multiple entities and beginning the transition of ownership to the next generation or to trusted employees.<\/p>\n<p>He also urged calm in the face of apparent volatility in the investment markets.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>\u201cVolatility is the norm,\u201d Hedley said. \u201c2017 was a very unusual year because of the lack of volatility. 2018, so far, seems more normal.\u201d<\/p>\n<p>It is important to have a solid diversified portfolio\u2014and then relax he said. Don\u2019t get too excited when the market goes up and don\u2019t get depressed when it goes down.<\/p>\n<p>In every case, he emphasized, it is important to have an individual conversation with an accountant, investment advisor, or financial advisor. \u201cIt\u2019s a very complicated world.\u201d<\/p>\n<p>\u201cI always try to avoid making six month predictions; it\u2019s going to go up and it will go down,\u201d he said of the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jill Nagy Investment strategies in today\u2019s complex economic environment can cause small business people and individuals to pause. \u201cEvery business owner has different issues to deal with and there is no one answer for everybody,\u201d said Kevin Hedley, a principal in Hedley &amp; Co. PLLC, Certified Public Accountants in Clifton Park.\u00a0 In looking at [&hellip;]<\/p>\n","protected":false},"author":196,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-32291","post","type-post","status-publish","format-standard","hentry","category-financial-planning-investments"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Market Volatility Is Normal; Small Businesses Should Remain Calm As Things Play Out - Saratoga Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2018\/06\/market-volatility-is-normal-small-businesses-should-remain-calm-as-things-play-out\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Market Volatility Is Normal; Small Businesses Should Remain Calm As Things Play Out - Saratoga Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"By Jill Nagy Investment strategies in today\u2019s complex economic environment can cause small business people and individuals to pause. \u201cEvery business owner has different issues to deal with and there is no one answer for everybody,\u201d said Kevin Hedley, a principal in Hedley &amp; Co. PLLC, Certified Public Accountants in Clifton Park.\u00a0 In looking at [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2018\/06\/market-volatility-is-normal-small-businesses-should-remain-calm-as-things-play-out\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Saratoga Business Journal\" \/>\r\n<meta property=\"article:published_time\" content=\"2018-06-08T06:36:33+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2018-06-11T10:11:49+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2018\/06\/investment-tips-hedley-c-195x300.jpg\" \/>\r\n<meta name=\"author\" content=\"jessewinters\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"jessewinters\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2018\/06\/market-volatility-is-normal-small-businesses-should-remain-calm-as-things-play-out\/\",\"url\":\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2018\/06\/market-volatility-is-normal-small-businesses-should-remain-calm-as-things-play-out\/\",\"name\":\"Market Volatility Is Normal; Small Businesses Should Remain Calm As Things Play Out - Saratoga Business Journal\",\"isPartOf\":{\"@id\":\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2018\/06\/market-volatility-is-normal-small-businesses-should-remain-calm-as-things-play-out\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2018\/06\/market-volatility-is-normal-small-businesses-should-remain-calm-as-things-play-out\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2018\/06\/investment-tips-hedley-c-195x300.jpg\",\"datePublished\":\"2018-06-08T06:36:33+00:00\",\"dateModified\":\"2018-06-11T10:11:49+00:00\",\"author\":{\"@id\":\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/#\/schema\/person\/b937a48daf87d7a8bd713a73b5d6a1ae\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2018\/06\/market-volatility-is-normal-small-businesses-should-remain-calm-as-things-play-out\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2018\/06\/market-volatility-is-normal-small-businesses-should-remain-calm-as-things-play-out\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2018\/06\/market-volatility-is-normal-small-businesses-should-remain-calm-as-things-play-out\/#primaryimage\",\"url\":\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2018\/06\/investment-tips-hedley-c.jpg\",\"contentUrl\":\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2018\/06\/investment-tips-hedley-c.jpg\",\"width\":195,\"height\":300,\"caption\":\"Kevin M. 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