IRS Releases Standard Mileage Rates for 2023
Due to recent increases in the price of fuel, the IRS has increased the optional standard mileage rates for computing the deductible costs of operating an automobile for business p
At Davis Capital Management, we operate under a fiduciary standard—meaning we are legally and ethically obligated to act in your best interest. Our goal is simple: help you build and protect your wealth with objective, transparent guidance tailored to your goals.
A fiduciary is a financial advisor who must put your interests ahead of their own. Unlike some advisors who earn commissions for selling certain products, fiduciaries provide advice based on what’s best for you—not what pays them more.
Key differences:
Your investment strategy should be personalized, tax-efficient, and aligned with your long-term goals—not influenced by sales incentives.
With a fiduciary advisor, you get:
Advisors who are not fiduciaries may only need to meet a “suitability” standard—meaning they can recommend products that are okay, even if better options exist.
🚫 This could lead to:
✅ Fiduciary advisors, on the other hand, are always working in your corner.
We’re an independent, fee-only firm guided by fiduciary principles. That means:
Whether you’re planning for retirement, managing a recent windfall, or building long-term security, we’ll help you stay on course—with confidence and clarity.
Due to recent increases in the price of fuel, the IRS has increased the optional standard mileage rates for computing the deductible costs of operating an automobile for business p
You vaguely remember signing a form every year at college registration time. Now that you’ve graduated, it’s all become painfully clear — those forms were promiss
It’s hard to imagine functioning in today’s society without access to credit. However, you need to be careful not to fall victim to some of the pitfalls associated with