Abnormal Returns

APRIL 10, 2023

blog.xyplanningnetwork.com) Technology Highlights from the 2023 T3 Advisor Conference including the growing importance of tax planning software. (etf.com) Onboarding Evan Harp, "To move the needle on diversity, organizations must not simply hire diverse talent and call it a day — they must develop that talent as well."

Tax Planning 246

Tax Planning Clients Taxes Planning 246

Abnormal Returns

NOVEMBER 6, 2023

papers.ssrn.com) Taxes A 2023 year-end tax planning guide. kitces.com) Advisers How the profession of financial planning has changed over time. (investmentnews.com) M&A The RIA model continues to take share. riaintel.com) How to prep an RIA for sale. (fa-mag.com) fa-mag.com) Research into how RIAs grow.

Wealth Management 264

Wealth Management Retirement Planning Tax Planning Financial Advisor 264

Nationwide Financial

MARCH 6, 2023

Key Takeaways: Because the 2022 and 2023 standard deductions are relatively high ($27,700 in 2023 and $25,900 in 2022 for married couples filing jointly), it isn’t worthwhile for many taxpayers to itemize deductions. Tax season has begun, and it’s not too early to think about planning for the 2023 tax year.

Tax Planning 78

Tax Planning Taxes Planning Distribution 78

Nerd's Eye View

NOVEMBER 18, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that AdvisorTech giant Envestnet has announced a partnership with New Zealand-based FNZ that will allow Envestnet to offer custodial services to advisors beginning in the second half of 2023.

Financial Planner 246

Financial Planner Tax Planning CFP Taxes 246

Nerd's Eye View

OCTOBER 14, 2022

for 2023, the largest COLA since 1981. While this will help seniors keep pace with rising prices, it also creates tax planning opportunities for advisors and raises the possibility that the Social Security Trust Fund could be depleted sooner than expected.

Financial Planner 246

Financial Planner Tax Planning Clients Accounting 246

Nerd's Eye View

SEPTEMBER 20, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that the North American Securities Administrators Association (NASAA) released the latest edition its annual survey outlining the state of state-registered RIAs, showing that the number of state-registered firms and their assets (..)

Financial Planner 246

Financial Planner Investment Advisor Financial Advisor Clients 246

Harness Wealth

DECEMBER 8, 2022

Ensure that you are utilizing the tax-advantaged retirement accounts such as IRA and your company’s 401(k) to stack funds away for retirement and either pay tax now and let the fund grow tax-free or reduce your current year taxable income and pay tax later. at the federal level. Get started here.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Abnormal Returns

JANUARY 16, 2023

thinkadvisor.com) Taxes Some steps you can take to upgrade your tax-planning game. blogs.cfainstitute.org) How Merit Financial Advisors is building out its tax practice. thinkadvisor.com) The biz The M&A has shifted in 2023 with a focus on firms with alts capacity. citywire.com) A CPA shortage is looming.

Financial Advising 130

Financial Advising Wealth Advisor Tax Planning Financial Advice 130

Talon Wealth

NOVEMBER 12, 2024

Here’s how it breaks down for 2023-2024: If a couple’s total retirement income is between $32,000 and $44,000, up to 50% of Social Security benefits could be taxable. If their income is over $44,000, up to 85% could be taxed!

Taxes 52

Taxes Planning Retirement Planning Tax Planning 52

Abnormal Returns

SEPTEMBER 26, 2022

Podcasts Christine Benz and Jeff Ptak talk with Tim Steffen, director of tax planning for Baird. bpsandpieces.com) The 2nd annual Future Proof conference is set for Huntington Beach, CA, on September 10-13, 2023. morningstar.com) Michael Kitces and Carl Richards talk about repurposing lessons from clients for content.

Tax Planning 130

Tax Planning Startup Compliance Financial Planning 130

Cordant Wealth Partners

NOVEMBER 18, 2024

We also get you up to speed on the tax benefits of using a DAF. If you've heard of a DAF and are curious about incorporating it into your giving and tax planning strategy, this article is for you. Key Takeaways: Contributions to a donor-advised fund reduce your tax bill in the year your contribution is made.

Taxes 52

Taxes Tax Planning Nonprofit Accounting 52

Darrow Wealth Management

JANUARY 30, 2023

just upended retirement planning…again. The age when retirees must begin drawing from non-Roth retirement accounts increases to 73 in 2023, then 75 in 2033. Raising the age when withdrawals must begin is great as it gives investors more planning opportunities. The Secure Act 2.0

Distribution 95

Distribution Tax Planning Retirement Taxes 95

Darrow Wealth Management

OCTOBER 21, 2022

The IRS has released the 2023 contribution limits for retirement plans and other cost-of-living adjustments. The agency also released tax brackets for ordinary income and long-term capital gains. Contribution Limits for 401(k)s, IRAs and More in 2023. Income Tax Rates in 2023.

Taxes 78

Taxes Retirement Planning Wealth Management Retirement 78

Advisor Perspectives

DECEMBER 26, 2023

Advisors are being asked to provide their clients with a full suite of solutions, ranging from estate and tax planning to portfolio management, and everything in between. Clients are increasingly eager to gain access to fully customizable solutions that meet their individual needs.

Asset Allocation 105

Asset Allocation Portfolio Management Tax Planning Financial Planning 105

Zoe Financial

MAY 16, 2023

Income Tax Planning and 529 Plans Published May 16th, 2023 Reading Time: 6 minutes Written by: CAPTRUST Zoe Financial Services Partner Income Tax Planning and 529 Plans Published May 16th, 2023 Reading Time: 6 minutes Written by: CAPTRUST Zoe Financial Services Partner The income tax benefits offered by 529 plans make these plans attractive to parents (..)

Tax Planning 40

Tax Planning Taxes Planning Education 40

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. Starting in 2023, a 4% surtax will be applied to taxable income and capital gains over $1M.

Taxes 107

Taxes Wealth Management Tax Planning Planning 107

MainStreet Financial Planning

MAY 31, 2022

Tax Planning: Things to work on before year-end. Though it may seem that we’ve just put last tax season to rest, now is the time to work on adjustments to optimize your 2022 taxes! Don’t wait until April 15th, 2023, to think about your taxes…there are things that need to get done by year-end! 30-45 minutes.

Tax Planning 40

Tax Planning Taxes Planning Financial Planner 40

Carson Wealth

AUGUST 1, 2024

Making the right decisions around claiming Social Security — based on your spending needs, longevity and tax planning — could mean the difference between meeting your retirement goals or not. However, the average monthly benefit in 2023 is only $1,905, meaning many retirees get by on less than $23,000 a year ($22,860 to be exact).

Retirement 143

Retirement Taxes Distribution Tax Planning 143

Zoe Financial

FEBRUARY 14, 2023

Zoe’s Tell-All: 2023 Tax Season Published February 14th, 2023 Reading Time: 5 minutes Written by: The Zoe Team If you’re a golfer, you know a lot goes into the brilliant game. Similarly, filing taxes includes many steps and details everyone needs to know about. January 23 – Tax season began.

Taxes 52

Taxes Financial Advisor Tax Planning Planning 52

James Hendries

AUGUST 10, 2022

The IRS has released the 2023 contribution limits for health savings accounts (HSAs), as well as the 2023 minimum deductible and maximum out-of-pocket amounts for high-deductible health plans (HDHPs). An HSA is a tax-advantaged account that’s paired with an HDHP. High-deductible health plan: self-only coverage.

Accounting 52

Accounting Numbers Taxes Tax Planning 52

Harness Wealth

JANUARY 24, 2023

Content in this blog regarding financial planning, investment, tax, or legal topics should not be relied upon, standing alone or without the guidance of a capable professional, to support personalized decision-making by or affecting individual clients.

Startup 52

Startup Tax Planning Taxes Planning 52

Indigo Marketing Agency

FEBRUARY 2, 2023

For instance, the Heath Walters Institute offers on-demand tax planning and support for financial advisors who want to better serve their high-net-worth clientele.

Marketing 81

Marketing Marketing Financial Advisor Clients 81

Advisor Perspectives

FEBRUARY 8, 2023

With the new year in its infancy, it may be too early to think about where to spend Thanksgiving or booking your car’s fall tune-up.

Tax Planning 40

Tax Planning Taxes Planning 40

WiserAdvisor

NOVEMBER 7, 2022

In addition to the tax brackets, the IRS also announces deductions and allowances that help you lower your tax liability for the year. Keep reading to find out more about the 2023 tax brackets in the United States. The tax system explained. The more you earn, the more income tax is levied on your income.

Taxes 52

Taxes Financial Advisor Medical Government 52

Harness Wealth

MARCH 10, 2023

Under this structure, fund managers can defer paying taxes on their carried interest for up to three years after the profits are realized. For instance, suppose a fund manager invests in a startup that generates $1 million in profits in 2023. Tax services provided through Harness Tax LLC.

Taxes 52

Taxes Tax Planning Startup Portfolio 52

Nationwide Financial

JANUARY 25, 2023

On the other hand, not having a plan can lead to emotional investment decisions during periods of high volatility – something every investor should avoid. However, strategies such as asset location and tax loss harvesting can significantly minimize taxes on investments.

Risk Tolerance 102

Risk Tolerance Retirement Planning Asset Allocation Retirement 102

WiserAdvisor

JANUARY 27, 2023

2023 may see several changes with respect to retirement plans, Social Security, etc., Consider consulting with a wealth advisor who can guide you on how to preserve as well as increase your wealth in 2023. HNW wealth management – Tips for 2023 1. under the Securing a Strong Retirement Act of 2022 (SECURE 2.0).

Wealth Management 52

Wealth Management Taxes Financial Planner Assets 52

Carson Wealth

FEBRUARY 16, 2024

By Mike Valenti, CPA, CFP ® , Director of Tax Planning It’s that time of year again! W-2s, 1099s and mortgage statements have been to hit your mailbox: a daily reminder that it is, once again, Tax Season. Overall, it was a relatively quiet year on the tax front. Please consult with your tax professional!

Taxes 97

Taxes Consulting Accounting Planning 97

Harness Wealth

MARCH 17, 2023

This classification may impact tax liabilities for DAO participants, as self-employment income is subject to self-employment tax in addition to regular income tax. Tax Code Changes for DeFi in 2023 For the 2023 tax year, the U.S. Be sure to consider these changes when planning for your DeFi taxes.

Taxes 59

Taxes Government Assets Accounting 59

Harness Wealth

MARCH 31, 2023

The Igloo Company Pudgy Penguin #7625 – source: sothebys.com As non-fungible tokens (NFTs) have gained mainstream popularity, it’s essential to understand the tax implications associated with these crypto assets. Table of contents Introduction to NFTs How are NFTs taxed Taxes when buying NFTs Can NFTs be taxed as collectibles?

Taxes 52

Taxes Assets Sales Retirement 52

Harness Wealth

MARCH 9, 2023

Reddit is planning an IPO for the second half of 2023. But between subpar macroeconomic conditions and a lackluster IPO market, the plans were soon put back on the shelf. As of now, Reddit has yet to announce a date for its initial public offering (IPO), but all signs are pointing to the second half of 2023.

Planning 52

Planning Taxes Advertising Commission 52

Zoe Financial

JUNE 5, 2023

Market Drama Featuring Zoe CEO & Founder, Andres Garcia-Amaya, CFA June 5, 2023 Watch Time: 2 minutes Welcome to this week’s Market Drama! The Stock Market: The S&P 500 was up 1.8% for the week. May was fairly flat at 0.4%, but year-to-date at 11.5%. Nasdaq was up 2% for the week and is now up more than 26% year-to-date.

Marketing 52

Marketing Marketing Financial Advisor Tax Planning 52

Zoe Financial

MAY 18, 2023

5 Reasons Why You Should Hire a Financial Advisor Published May 18th, 2023 Reading Time: 3 minutes Written by: The Zoe Team Hiring a financial advisor is a big decision that can be crucial in helping you grow your wealth and achieve your goals.

Financial Advisor 75

Financial Advisor Retirement Budgeting Wealth Accumulation 75

Zoe Financial

MAY 23, 2023

Market Drama Featuring Zoe CEO & Founder, Andres Garcia-Amaya, CFA May 23, 2023 Watch Time: 3 minutes Welcome to this week’s Market Drama! The Stock Market: The S&P 500 was up 1.6% for the week.

Marketing 52

Marketing Marketing Financial Advisor Tax Planning 52

Harness Wealth

MAY 25, 2023

Here’s a deep dive into the average fees of financial advisors, in 2023. Average Financial Advisor Fees in 2023 Understanding the costs involved in financial planning is critical to making the most of your wealth and financial potential. Tax services provided through Harness Tax LLC.

Financial Advisor 52

Financial Advisor Certified Financial Planner Ethics CFP 52

Integrity Financial Planning

AUGUST 28, 2023

Also, if your pre-tax contributions are helping you stay within a desired tax bracket currently and are a part of a larger integrated retirement saving plan, you may not want to change your retirement account plans as it would require you to re-examine the rest of your strategy as well.

Retirement 95

Retirement Taxes Accounting Tax Planning 95

Darrow Wealth Management

JANUARY 9, 2023

Before the passing of the Act, SIMPLE IRAs and SEP IRAs could only accept pre-tax funds. Now, for tax years starting in 2023 (e.g. Then, employers need to update plan documents, so again, it may take time to truly be in effect. Starting with the 2017 Tax Cuts and Jobs Act, then the 2019 Secure Act 1.0,

Accounting 59

Accounting Taxes Tax Planning Distribution 59