Know Your Taxpayer Bill of Rights

The IRS has established a Taxpayer Bill of Rights to protect all taxpayers. You have the right to:

• Receive prompt, courteous, and professional service from the IRS
   
• Easily understand what the IRS is saying
   
• Receive clear and easy-to-understand communication from the IRS
   
• Speak to a supervisor if you receive inadequate service
   
• Have your questions answered promptly, accurately, and thoroughly
   
• Objective advice

Head over to the Taxpayer Bill of Rights on IRS.gov to understand what you're entitled to. 

* This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax professional.

Tip adapted from IRS.gov[10]

Every golfer knows that posture is the foundation for everything you do on and off the course. It can make or break your game. These tips can help you achieve proper posture (and maybe that 250-yard drive?):

• Rather than bending over the club, make sure that you have the same spine angle as you would while standing up, just hinged from your hips over the club.
  
  
• Your hands should hang straight down from your shoulder rather than reaching past your shoulders.
   
• If your spine is in the correct position, you should have much more rotation. More rotation means more power and a more accurate shot.
  
  
• Because your arms are hanging straight down and aren't holding tension, your body should rotate with your core before your upper body.

Good posture can help prevent injuries and improve your game.

Meal planning is a great way to stick with your nutrition goals, avoid the last-minute snack temptations, and save money. Plus, it's not hard to get started! These tips will help you plan some meals like a pro:

• Start small by planning just a few meals a week. Three or four lunches should get you in the habit of meal planning.
  
  
• Start simple. If you do research on meal planning recipes, you might feel overwhelmed with all your options. Instead, focus on the main food groups and choose your favorite options. An example might be salmon, sweet potatoes, and broccoli.
  
  
• Invest in high-quality containers. You can either choose containers with separate sections for each item, or glass containers you can just throw in the microwave.
  
  
• Keep a well-stocked pantry, including legumes, whole grains, proteins, vegetables, and fruit, for a last-minute meal.

Tip adapted from Healthline.com[12]

Which Type of Grill Is the Most Environmentally Friendly?

 With summer in full swing, we're loving all the delicious grilled meals we can make outside. But have you ever wondered which type of grill is the most environmentally friendly? Let's look at the efficiency and impact of gas versus charcoal grills.

Although charcoal can come from renewable resources, and gas comes from non-renewable fossil fuels, gas grills are still more environmentally friendly. This is because gas grills produce much less carbon dioxide. In addition, unless you are using true charcoal, many charcoal options contain a mixture of substances, like cornstarch and lighter fluid. When burned, this charcoal produces 105 times more carbon monoxide than propane. Gas wins for green grilling!

Tip adapted from HuffingtonPost.com[13]

Share the Wealth of Knowledge!

Please share this market update with family, friends, or colleagues. If you would like us to add them to our list, simply click on the "Forward email" link below. We love being introduced!

Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.

Diversification does not guarantee profit nor is it guaranteed to protect assets.

International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors.

The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general.

The Dow Jones Industrial Average is a price-weighted average of 30 significant stocks traded on the New York Stock Exchange and the NASDAQ. The DJIA was invented by Charles Dow back in 1896.

The Nasdaq Composite is an index of the common stocks and similar securities listed on the NASDAQ stock market and is considered a broad indicator of the performance of stocks of technology companies and growth companies.

The MSCI EAFE Index was created by Morgan Stanley Capital International (MSCI) that serves as a benchmark of the performance in major international equity markets as represented by 21 major MSCI indices from Europe, Australia, and Southeast Asia.

The 10-year Treasury Note represents debt owed by the United States Treasury to the public. Since the U.S. Government is seen as a risk-free borrower, investors use the 10-year Treasury Note as a benchmark for the long-term bond market.

Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.

Past performance does not guarantee future results.

You cannot invest directly in an index.

Consult your financial professional before making any investment decision.

Fixed income investments are subject to various risks including changes in interest rates, credit quality, inflation risk, market valuations, prepayments, corporate events, tax ramifications and other factors.

These are the views of Platinum Advisor Strategies, LLC, and not necessarily those of the named representative, Broker dealer or Investment Advisor and should not be construed as investment advice. Neither the named representative nor the named Broker dealer or Investment Advisor gives tax or legal advice. All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. Please consult your financial professional for further information.

Summit Financial Group
Summit Financial Group of Indiana
4050 Britt Farm Dr
Suite C
Lafayette, IN 47905
866-582-5721
jon@summit-fp.com
http://www.summitfinancialgroupofindiana.com