The Big Picture

JULY 27, 2022

Consider these columns going back to 2013 pointing out the foolishness of tax-payer subsidized corporate welfare queens (2013), and why median wages were rising ( 2016 , 2017 , 2018 , 2018 , 2019 ). Consider the chart up top (it’s from an RWM client-only quarterly call). Workers upskilled and launched new businesses.

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Nationwide Financial

AUGUST 29, 2022

Key Takeaways: Even without new legislation, the prospect of higher taxes in the future is still looming. The impact of higher taxes on retirees could be substantial, so staying up to date on the current tax landscape is vital. But even without new legislation, the prospect of higher taxes in the future is still looming.

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Taxes Retirement Accounting Budgeting 98

Carson Wealth

DECEMBER 8, 2023

That must mean it’s time to roll up my sleeves and get to work on year-end financial planning – with an emphasis on 2023 income tax. One consideration this year is that we’re two years from the expiration of the Tax Cuts and Jobs Act of 2017 (TJCA). AGI impacts multiple other tax considerations.

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Planning Retirement Planning Taxes Retirement 143

The Big Picture

NOVEMBER 27, 2023

This is before we get to the issue of capital gains taxes, which create a hurdle of (minimum) 20% on those pesky profits just to get to breakeven. My own track record at making big calls is pretty damned good, but none of our clients wants me slinging around their retirement monies based on my gut instinct.

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Marketing Marketing Math Retirement Planning 304

The Big Picture

NOVEMBER 20, 2023

My firm RWM uses Canvas for those clients who want their portfolios to reflect their values. Our internal reviews show RWM clients use direct indexing (in order of popularity) t0 A) Tax loss harvest to offset capital gain taxes; 2) Reduce exposure to the market sector of their employer/stock options; 3) Express ESG views in what they own.

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Taxes Portfolio Investing Investments 195

Brown Advisory

DECEMBER 4, 2017

2017 Year-End Planning Letter. Mon, 12/04/2017 - 13:10. presidential election, we have grappled with the lack of clarity regarding the details of new tax legislation. The outcome of the tax reform debate is likely to impact how we advise clients on tax planning, estate planning and a host of other topics.

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Planning Taxes Clients Tax Planning 52

BlueMind

NOVEMBER 24, 2022

Category: Client Relations. The demands of high-net-worth clients are no small feat and can be challenging and daunting to deal with, to say the least. However, acquiring and retaining an HNW client is every financial advisor’s dream. Related: Effective Strategies To Deal With Difficult Clients.

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Clients Insurance Financial Advisor Assets 98

Nationwide Financial

MARCH 6, 2023

One strategy is to accumulate deductions that a client would normally take over 2 years into a single year. Even if a client believes they would not be subject to estate or gift tax under current law, you may want to re-examine the value of their assets to determine whether they exceed a lower exemption amount.

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Tax Planning Taxes Planning Distribution 78

Harness Wealth

DECEMBER 30, 2024

However, as appealing as these forms of compensation may be, they can result in sizable and unexpected tax bills. Along with the 83(b) election, there is a less well-known provisionthe 83(i) election that offers other tax advantages to certain types of employees. Table of Contents What is an 83(i) election?

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Taxes Compliance Compensation Planning Financial Advisor 52

NAIFA Advisor Today

AUGUST 16, 2023

Brought to you exclusively by NAIFA and the Society of FSP, this essential webinar delves deep into the time-sensitive implications of provisions in the Tax Cuts and Jobs Act (TCJA) of 2017 that are scheduled to sunset by 2025.

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Taxes Estate Planning Clients Planning 52

eMoney Advisor

FEBRUARY 1, 2023

A sense of ambiguity about the future and financial stress is taking a toll on our clients’ mental, physical, and relational well-being. And because you care about your clients, you are probably feeling the strain as you work to help them cope.

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eMoney Advisor

NOVEMBER 10, 2022

As a financial planner, you’re well-positioned to collaborate with a client’s estate attorney to make sure their wishes are carried out. If your clients need a little nudge to get going on creating or updating an estate plan , these three examples might help illustrate the consequences of when wealth transfer goes awry.

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Estate Planning Clients Planning Financial Planner 78

Random Roger's Retirement Planning

NOVEMBER 20, 2024

I've mentioned before having a couple of clients who've been taking out 10 ish percent, one for 20 years and the other for 18 years. The first client will make it just fine unless something hideously expensive happens but I am less certain about the second client. I took the above picture in 2017.

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Retirement Retirement Planning Clients Engineering 52

Harness Wealth

JULY 29, 2024

In this guest post, Harness Tax Advisory Council member, Griffin Bridgers, J.D., covers some of the top estate planning trends that tax advisors should be tracking during the second half of 2024. However, awareness is key, both for clients and advisors. citizens and residents.

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Advisor Perspectives

OCTOBER 1, 2023

When those changes involve tax law, it is extremely important for clients to meet with their financial professional, tax advisor, and legal advisor to discuss any adjustments that may need to be made to their financial, retirement, or estate plan. My guests today are two members of the MassMutual team.

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Taxes Estate Planning Distribution Sales 52

Advisor Perspectives

SEPTEMBER 27, 2023

When those changes involve tax law, it is extremely important for clients to meet with their financial professional, tax advisor, and legal advisor to discuss any adjustments that may need to be made to their financial, retirement, or estate plan. My guests today are two members of the MassMutual team.

Taxes 52

Taxes Estate Planning Distribution Sales 52

Brown Advisory

JUNE 12, 2017

2017 Berkshire Hathaway Annual Shareholder Meeting achen Mon, 06/12/2017 - 15:11 Thousands of people come to Omaha each spring for the Berkshire Hathaway annual shareholders’ meeting to hear the insights of Warren Buffett and Charles Munger, Buffett’s longtime business partner. Corporate taxes were about 4% of GDP then and 2% now.

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Investing Investments Ethics Taxes 52

Brown Advisory

JUNE 12, 2017

2017 Berkshire Hathaway Annual Shareholder Meeting. Mon, 06/12/2017 - 15:11. Corporate Tax Cut Potential to Benefit Berkshire. Asked how much a reduction in corporate tax rates would benefit Berkshire, Buffett explained that the benefit varied for each business in which Berkshire is invested.

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Investing Investments Ethics Taxes 52

Brown Advisory

OCTOBER 16, 2017

How We Advise Clients With Concentrated Positions achen Mon, 10/16/2017 - 10:00 “Strategic advice” is a very open-ended term, but when we use it, we have a specific meaning in mind. In many cases, the solution we deliver to a client may be a straightforward answer to a clear request.

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Brown Advisory

OCTOBER 16, 2017

How We Advise Clients With Concentrated Positions. Mon, 10/16/2017 - 10:00. We think of our role in relatively simple terms: Our job is to listen to each of our clients, understand the unique nature of their challenges and aspirations, and then deliver effective and creative solutions that help them achieve their goals.

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Clients Taxes Assets Investing 52

Steve Feinberg

SEPTEMBER 2, 2021

As the Covid-19 pandemic self employed tax deductions offices and workspaces around the country, many American workers had to adapt to doing their jobs or running their businesses from home. will not be considered a home office for tax reasons. Who Can Claim the Home Office Tax Deduction? What is the Home Office Deduction?

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Taxes Insurance Accounting Clients 52

Park Place Financial

JANUARY 9, 2023

FINANCIAL PLANNING Tax and Financial Planning Ideas For 2023 Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Additionally, the government has made changes to tax rules, further prompting Americans to reevaluate their tax and financial strategies. Tax Deductions . Retirement Savings Accounts .

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Financial Planning Taxes Planning Certified Financial Planner 52

eMoney Advisor

MAY 9, 2023

In a business built on relationships, the client experience fuels everything from financial advisor lead generation to client retention. Many financial planning firms say the client experience is their secret sauce. And are you specifically measuring what matters to the client? Referrals Per Client: 2.68

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Clients B2C Financial Services Financial Advisor 101

Random Roger's Retirement Planning

APRIL 18, 2024

I bought 100 shares on its first or second day of trading last fall for $2017 and I sold it today for $2114 which includes reinvesting the dividends. I've invested a decent amount of time in trying to understand Bitcoin and I've owned a little for a good while, I am surprised though that only a couple of clients have ever asked about it.

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Brown Advisory

NOVEMBER 1, 2019

Each year, we send a letter to clients to help guide year-end planning discussions and to offer ideas for them to consider with their other advisors. As detailed in prior publications, the 2017 Tax Act changed important aspects of federal income, estate, gift, and generation-skipping transfer (GST) tax law.

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Planning Taxes Clients Assets 52

Brown Advisory

NOVEMBER 28, 2018

Each year, we send a letter to clients to help guide our year-end planning discussions with them and to offer ideas for them to consider with their other advisors. This year, two substantive factors—the 2017 tax overhaul and rising interest rates—will be important considerations in our year-end planning work. THE NEW TAX LAW.

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Planning Taxes Clients Estate Planning 52

Harness Wealth

OCTOBER 11, 2023

This makes it crucial for them to not only be well-versed in cybersecurity best practices but to actively coach their clients and team members on these best practices as well. For accounting firms, these figures are not just statistics; they represent a real and present danger that could significantly impact your bottom line and client trust.

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Accounting Taxes Clients Communication 59

Zoe Financial

FEBRUARY 16, 2023

To implement these strategies successfully, we must first understand the difference between claiming the standard tax deduction and itemizing deductions. In this blog post, we will explore three charitable giving strategies intended for a tax deduction, minimizing record keeping, and increasing donations to charity.

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Taxes Distribution CFP Accounting 40

Brown Advisory

MARCH 14, 2023

And let’s face it, our clients often ask for a helping or two of short-term information (with a side of market timing thoughts, please). In addition, the best month of market performance since the end of 2017 (April 2020) coincided with the largest differential in analyst upgrades versus downgrades the month prior (March 2020).

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Clients Investing Investments Sales 97

Brown Advisory

OCTOBER 22, 2019

Historically, tax treatment—specifically, the ability to deduct various expenses of a family office for tax purposes—was often the critical factor that decided whether a captive family office made financial sense. RELEVANT LEGAL ISSUES—A BRIEF REVIEW The 2017 Tax Act.

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Taxes Management Investing Investments 52

Brown Advisory

OCTOBER 22, 2019

Historically, tax treatment—specifically, the ability to deduct various expenses of a family office for tax purposes—was often the critical factor that decided whether a captive family office made financial sense. The 2017 Tax Act. Ultimately, each family and its trusted advisors need to make its own determination.

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Taxes Management Investing Investments 52

Brown Advisory

OCTOBER 22, 2019

Historically, tax treatment—specifically, the ability to deduct various expenses of a family office for tax purposes—was often the critical factor that decided whether a captive family office made financial sense. The 2017 Tax Act. Ultimately, each family and its trusted advisors need to make its own determination.

Taxes 52

Taxes Management Investing Investments 52

Fortune Financial

FEBRUARY 4, 2024

Will you end up paying too much in ordinary income taxes for company stock in your 401(k) plan? With our deep expertise and qualifications in NUA strategies, our experts are adept at navigating the complexities of tax-efficient retirement planning. This appreciation becomes critical when considering tax implications upon withdrawal.

Retirement 59

Retirement Retirement Planning Distribution Taxes 59

Brown Advisory

OCTOBER 16, 2017

Philanthropic Options achen Mon, 10/16/2017 - 11:19 Philanthropic giving is an essential component of many of our clients’ long-term financial plans. Finally—in keeping with the topic of this publication—there is the choice of which assets the client will donate. We generally discuss four main giving options with our clients.

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Taxes Distribution Clients Assets 52

Brown Advisory

OCTOBER 16, 2017

Mon, 10/16/2017 - 11:19. Philanthropic giving is an essential component of many of our clients’ long-term financial plans. Finally—in keeping with the topic of this publication—there is the choice of which assets the client will donate. Many of our clients’ first instinct is to make charitable gifts with cash.

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Taxes Distribution Clients Assets 52

Random Roger's Retirement Planning

FEBRUARY 7, 2024

I believe Swedroe has used the interval fund for clients for many years and I know he has written about it before. SRRIX lost -11.35% in 2017, -6.14% in 2018 and -4.47% in 2019." They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation.

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Taxes Portfolio Clients Investments 74

Brown Advisory

MARCH 14, 2023

And let’s face it, our clients often ask for a helping or two of short-term information (with a side of market timing thoughts, please). In addition, the best month of market performance since the end of 2017 (April 2020) coincided with the largest differential in analyst upgrades versus downgrades the month prior (March 2020).

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Clients Investing Investments Sales 81