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2016 Economic Forecast and Your Tax Questions: Monday’s Show (December 7, 2015)

The Greater Houston Partnership unveils its annual economic outlook and employment forecast today (Dec. 7, 2015). The report provides an outlook for business and job growth in Greater Houston for 2016. On this edition of Houston Matters, we hear what the GHP’s outlook is for Greater Houston’s economy next year, as Michael Hagerty talks with GHP […]

GHP Economic Forecast 2016The Greater Houston Partnership unveils its annual economic outlook and employment forecast today (Dec. 7, 2015). The report provides an outlook for business and job growth in Greater Houston for 2016.

On this edition of Houston Matters, we hear what the GHP’s outlook is for Greater Houston’s economy next year, as Michael Hagerty talks with GHP Senior Vice President of Research Patrick Jankowski. They discuss in particular whether, despite low oils prices and layoffs related to them, Houston might see job growth in 2016.

Also this hour: Between now and the end of the calendar year, you may have some decisions to make about your taxes. From tax deductible charitable gifts, to transactions with tax implications, to financial transfers from one type of account to another – financial moves you make between now and the end of the month can impact the taxes you pay come April. We offer you an opportunity to get your tax questions answered – really anything you want to know about the tax code, about what kinds of gifts are tax deductible, about IRS procedures, dividends, dependents, exemptions, capital gains, social security, tax credits versus deductions – we cover it all witht he help of certified public accountant Craig Shenkman, partner with the tax and financial services firm BDO USA.

Plus: While the Houston Texans lost 30-21 Sunday at Buffalo, the Colts were walloped by the Steelers 45-10 last night, leaving the two teams deadlocked at 6-6 atop the AFC South. In college football, the University of Houston Cougars won the AAC championship Saturday and are headed to the Peach Bowl. In the NBA, the Houston Rockets have suddenly come to life, having won five of their last six games. And in Major League Baseball, the Houston Astros could be buyers as rumors swirl about free agents and trades at this week’s winter meetings. We discuss all of these developments in Houston sports with Jeff Balke, who writes for Houstonia Magazine and Houston Press.

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