Harness Wealth

MARCH 14, 2025

This edition of the Tax Advisor Weekly covers key updates for financial professionals. To round things out, we provide a refresher on the most common tax return mistakes to watch for this season. Citizens, Businesses ( Martha Waggoner , The Tax Adviser) U.S. Property taxes accounted for 70.2 You can find it here.

Taxes 59

Taxes Accounting Government Medical 59

The Big Picture

AUGUST 12, 2024

Economy in 2022 was $25,439.70B; in 2009, it was $14,478.06B; ignore that also? Too many of us adopt A self-assured, know-it-all persona because we know the investing public prefers that to learn the truth: nobody knows anything, and the future is inherently unknown and unknowable. population? Do we just ignore that?

Economy 347

Economy Taxes Investing Investments 347

Harness Wealth

MARCH 27, 2025

Secondary transactions (or Secondaries as theyre known) involve the buying and selling of pre-existing investments in private funds or stakes in the portfolio companies those funds own. Secondaries are typically traded before the fund or business is sold in a traditional wayessentially, being the resale market for private investments.

Taxes 52

Taxes Tax Planning Assets Compliance 52

Wealth Management

JANUARY 17, 2023

In a call detailing Morgan Stanley’s Q4 earnings, Chairman and CEO James Gorman said he expected the company’s wealth and investment management businesses to become a larger portion of the firm’s pre-tax profits.

Wealth Management 212

Wealth Management Management Taxes Investing 212

The Chicago Financial Planner

NOVEMBER 27, 2022

One of the best tax deductions for a small business owner is funding a retirement plan. Beyond any tax deduction you are saving for your own retirement. The maximum for 2022 is $61,000, this has been increased to $66,000 for 2023. Employee contribution limits are $20,500 for 2022 and $22,500 for 2023. Eligibility.

Retirement Planning 263

Retirement Planning Retirement Planning Financial Planner 263

Good Financial Cents

SEPTEMBER 29, 2022

In this guide, we’re going to present the 10 best long-term investment strategies for 2022. The reason we’re providing 10 is because there’s no single investment strategy that’s right for all investors, and in all investment environments. Below is our list of the 10 best long-term investment strategies for 2022.

Investing 109

Investing Investments Retirement Planning Risk Tolerance 109

The Big Picture

APRIL 3, 2023

trillion as of the end of 2022. Given the rough year markets had in 2022, including all of the held asset classes, it is an impressive, albeit curious showing. The group also names 2022’s Best of, including Fund, Asset Class, Region, and Industry of the Year (all found here ). Its an amazing collection of charts and data.

Assets 312

Assets Consulting Taxes Marketing 312

The Big Picture

SEPTEMBER 29, 2022

But the -23% of the SPX may not be the biggest story of 2022: The single most important change has been the end of the bond bull market that dates back to 1981. 2022 may not be 1981-82, but for the first time in several years, bonds are attractive investment options. 1 and 2 are good, I suspect 3 is problematic.

Economy 312

Economy Taxes Marketing Marketing 312

Abnormal Returns

NOVEMBER 23, 2022

Strategy The normalization of interest rates is going to change how people invest. behaviouralinvestment.com) Why wealthy investor don't invest aggressively enough. arstechnica.com) Venture capital Just how deep in the hole is Masayoshi Son on his Vision Fund 'investments'? abnormalreturns.com) Don't borrow money to invest.

Financial Advising 245

Financial Advising Advertising Economy Economics 245

Abnormal Returns

OCTOBER 22, 2023

(awealthofcommonsense.com) How time horizon affects the odds of investing in equities. morningstar.com) How to avoid investment disasters. thestreet.com) Ark Invest's ETFs have built up plenty of tax losses to carry forward. brklyninvestor.com) Fund management Vanguard is no longer always the low cost option.

Financial Advising 274

Financial Advising Media Economy Taxes 274

The Big Picture

NOVEMBER 2, 2023

If you are in a top tax bracket and have residency in a high-tax state with strong credit quality – think Ohio, New York, Massachusetts, California, Connecticut, etc. – Previously : Cash Is No Longer Trash (October 27, 2023) Understanding Investing Regime Change (October 25, 2023) How Many Bear Markets Have You Lived Through?

Taxes 288

Taxes Portfolio Marketing Marketing 288

The Big Picture

APRIL 19, 2023

( The Atlantic ) • How 2022 Became a Record Year for US Income Taxes : An asset-price boom, a progressive tax code and inflation interacted to drive effective rates higher than ever. Bloomberg ) • Tax season is getting longer. Now the process is working in reverse. Blame climate change. So You Want to Launch a Hedge Fund?

Taxes 272

Taxes Assets Management Marketing 272

Calculated Risk

MAY 29, 2023

For example, from ECRI a year ago (May 26, 2022): Opinion: It’s time to prepare for a recession (ht SV). In December 2022 I went on " recession watch " for only the 3rd time in the 19 years that I've been writing this blog, but I noted I didn't see a recession coming yet. Residential investment has also peaked.

Sales 363

Sales Economy Banking Economics 363

Abnormal Returns

FEBRUARY 13, 2023

Podcasts Daniel Crosby talks with Tom Howard about behavioral finance vs. behavioral investing. citywire.com) Taxes Five tax mistakes to avoid when it comes to stock options, RSUs, etc. riabiz.com) The number of CFPs grew some 5% in 2022. (fa-mag.com) forbes.com) A ten-point Medicare primer.

Clients 245

Clients Retirement Financial Services Taxes 245

The Big Picture

JULY 25, 2023

Pomp points out that: “I am, however, arguing that the total return percentage traditionally quoted is not what people actually achieve in their brokerage account because of taxes. I have addressed Tax Alpha before ( see this and this ); but Pomp indirectly raised a very different issue: Why do people underperform their own assets?

Assets 246

Assets Accounting Taxes Economics 246

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. 3 Imagine a private placement memorandum seeking to raise money based on “ decades of honed instincts ” as an investment model. It’s utterly laughable. More on this later.

Marketing 304

Marketing Marketing Math Retirement Planning 304

Nerd's Eye View

FEBRUARY 8, 2023

Seasoned financial advisors have likely worked with clients with a wide variety of workplace retirement accounts, which can vary in terms of their investment offerings, fees, and other characteristics. In 2022, the TSP underwent a series of changes impacting its many account holders. But given that the U.S.

Planning 246

Planning Retirement Retirement Planning Government 246

Cornerstone Financial Advisory

OCTOBER 31, 2022

Source: Econoday, October 28, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, October 28, 2022 Companies mentioned are for informational purposes only. Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. Get tax help.

Marketing 105

Marketing Marketing Economics Taxes 105

Your Richest Life

JANUARY 27, 2025

Your investing strategy is a personal approach based on your goals, life stage and risk tolerance. There are so many different ways to invest, but two of the most common methods youll find are active and passive investing. What is active investing? Active investing involves a hands-on approach to managing your portfolio.

Investing 52

Investing Investments Risk Tolerance Portfolio 52

Calculated Risk

DECEMBER 7, 2022

The recession callers were back in the first half of 2022, and some like ARK's Cathie Wood and Home Depot's Ken Langone claimed the US was already in a recession. One of my favorite models for business cycle forecasting uses new home sales (also housing starts and residential investment). Residential investment has also peaked.

Sales 361

Sales Economy Engineering Investing 361

The Chicago Financial Planner

OCTOBER 21, 2021

Health insurance plans with an annual deductible of at least $1,4000 for a single person and $2,800 for a family qualify for use with HSAs in 2021, with no change in these limits for 2022. The money goes into the account on a pre-tax basis much like a traditional 401(k) or IRA. These limits increase to $3,650 and $7,300 for 2022.

Retirement Planning 193

Retirement Planning Accounting Retirement Planning 193

Nerd's Eye View

JUNE 26, 2024

And so the conundrum of people with "too much" savings in their 529 plan – either because they overestimated how much they needed to save, or because they chose a different path entirely that didn't involve going to college – has been how to get funds out of the plan without sacrificing a large part of their value to taxes and penalties.

Education 189

Education Retirement Taxes Distribution 189

MainStreet Financial Planning

MARCH 7, 2023

It is March…that means you have just about 5 weeks left to get organized and submit your tax return. The tax deadline is April 18, 2023 (some taxpayers in disaster areas in California, Georgia and Alabama have an extended deadline). Gathering all your documents is crucial to complete a tax return free of mistakes.

Taxes 98

Taxes Retirement Planning Distribution Planning 98

Calculated Risk

JANUARY 13, 2023

1) Economic growth: Economic growth was probably close to 1% in 2022 as the economy slowed following the economic rebound in 2021. One of my favorite models for business cycle forecasting uses new home sales (also housing starts and residential investment). Residential investment has also peaked. For 2022, I used a 2.6%

Economy 276

Economy Sales Economics Investing 276

Calculated Risk

SEPTEMBER 16, 2022

The recession callers were back in the first half of 2022, and some like ARK's Cathie Wood and Home Depot's Ken Langone claimed the US was already in a recession. One of my favorite models for business cycle forecasting uses new home sales (also housing starts and residential investment). Residential investment has also peaked.

Sales 363

Sales Economy Economics Investing 363

Random Roger's Retirement Planning

MARCH 22, 2025

That's a slow 90% decline into early 2022 from when it first listed and over the last ten months it has cut in half. The value, if you believe there is value, is that the strategy could go up 10, 20, 30% in a year like 2022 which many funds did. Morningstar just under a year ago found that it had returned 4.8% a year, versus 5.9%

Investing 59

Investing Investments Risk Tolerance Management 59

Darrow Wealth Management

NOVEMBER 17, 2022

In November 2022, proponents of the Massachusetts ‘millionaires’ tax (question 1) won their bid to nearly double the income tax rate on individuals with taxable income over $1M a year. As proposed, the new legislation would increase these tax rates to 9% and perhaps even 16% , respectively, starting in 2023.

Taxes 107

Taxes Wealth Management Tax Planning Planning 107

The Big Picture

SEPTEMBER 28, 2023

Even as inflation peaked in June of 2022 and fell from 9% to 3%, people remained angry. The Fed began its policy of ZIRP and QE while Congress put forth a puny extension of unemployment insurance and a modest temporary tax cut. The rate of change may have fallen, but everything remains more expensive.

Government 306

Government Medicine Economy Healthcare 306

The Big Picture

DECEMBER 12, 2022

RWM is a discretionary RIA, which primarily invests in stocks and bonds via ETFs, Mutual Funds, and Direct Indexing. Illiquid investments do have some appealing aspects: Start with the illiquidity premium, the return above traditional stocks or funds. April 28, 2022). But I am very familiar with the product.

Accounting 299

Accounting Commission Investing Investments 299

Good Financial Cents

DECEMBER 22, 2022

You’ll be rewarded if you can invest it for the long haul. As this compound interest calculator demonstrates, investing $30,000 at a return of 8% for 20 years will leave you with $138,828. But where should you invest your $30,000? Table of Contents 16 Best Ways to Invest $30,000 in 2023. Invest in ETFs.

Investing 108

Investing Investments Risk Tolerance Accounting 108

Abnormal Returns

DECEMBER 11, 2022

Top clicks this week Nick Maggiulli's favorite investment writing of 2022. bloomberg.com) Six year-end financial moves to consider including 'tax loss harvesting.' blog.validea.com) The 10 best books of 2022 including "Trust" by Hernan Diaz. morningstar.com) How much wealth does it take to crack the 0.1%? nytimes.com).

Risk Management 162

Risk Management Taxes Management Investments 162

The Big Picture

NOVEMBER 20, 2023

Worth mentioning: MSCI notes over $30 trillion is invested globally using ESG strategies. Nuance can get lost when investing strategies become politicized, Perhaps a little history might help shed some light on the subject.2 No wonder socially responsible investing has become so politicized – that is a lot of cash up for grabs.

Taxes 195

Taxes Portfolio Investing Investments 195

The Big Picture

AUGUST 30, 2023

1 The Executive Summary gives you the flavor of the timing issue: “The persistent gap between the returns investors actually experience and reported total returns makes cash flow timing one of the most significant factors—along with investment costs and tax efficiency—that can influence an investor’s end results.

Assets 243

Assets Investing Investments Taxes 243

Good Financial Cents

DECEMBER 29, 2022

According to a recent Gallup poll , more than half of American adults (58%) have money invested in the stock market. Although the median holdings (amounts invested) vary based on age, income, and other demographic factors, it’s clear that Americans see the value of investing — even if their exposure is limited to a workplace 401(k).

Investing 119

Investing Investments Accounting Commission 119

The Big Picture

APRIL 18, 2023

My Two-for-Tuesday morning train WFH reads: • With the Odds on Their Side, They Still Couldn’t Beat the Market : In 2022, conditions were heavily in stock pickers’ favor, but most trailed the market. He sits on Blacktone’s Board of Directors and its Management Committee and serves on many of the firm’s investment committees.

Engineering 278

Engineering Economics Taxes Economy 278

The Big Picture

MARCH 21, 2023

TRB ) • Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems : The bank was using an incorrect model as it assessed its own risks amid rising interest rates, and spent much of 2022 under a supervisory review. ( It has always been a disaster but with a few great pieces. (

Banking 289

Banking Investing Investments Management 289

The Chicago Financial Planner

OCTOBER 20, 2021

This increases to $19,560 for 2022. For 2021 this increased limit is $50,520, for 2022 this limit is $51,960. Any money that may have been withheld from your benefits such as taxes or Medicare premiums. Social Security and income taxes . The tax levels are: Tax filing status. Combined income. %

Retirement 192

Retirement Financial Planner Taxes Distribution 192