Nerd's Eye View

JULY 8, 2024

After several turbulent years in both markets and workforces, 2024 appears to be the 'most normal' year of late, with strong market performance, cooling (or at least no longer rising!?) interest rates, and relatively little new tax legislation (yet). We look forward to continuing the journey with you through the rest of 2024!

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Ethics Education Financial Advice Taxes 179

Darrow Wealth Management

JULY 1, 2024

The 2017 Tax Cuts and Jobs Act (TCJA) brought sweeping changes to the tax code, impacting every taxpayer and business owner. Here’s a summary of the major tax law changes coming in 2026 and some steps individuals and business owners can take to prepare. For some, this may lead to more taxes paid on capital gains.

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Taxes Tax Planning Planning Estate Planning 52

Darrow Wealth Management

JULY 30, 2024

For founders, employees, and executives with stock-based compensation, an 83(b) election can be a powerful tax planning tool. When you make an 83(b) election, you’re opting to pay tax on unvested shares now, instead of when the stock vests. In tax lingo, this is known as substantial risk of forfeiture.

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Taxes Tax Planning Startup Valuation 52

Tobias Financial

OCTOBER 13, 2024

We are excited to announce that our Wealth Advisor, Franklin Gay , CFP®, EA, will be a keynote speaker at the 19th Annual Financial Planning Association (FPA) Miami Symposium! His dual qualifications as both a Certified Financial Planner and Enrolled Agent offer a well-rounded perspective on integrating tax strategies into financial planning.

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Certified Financial Planner Financial Planner Financial Planning Wealth Advisor 52

Tobias Financial

JUNE 6, 2024

Roth IRA conversions have surged in popularity in 2024, with a notable 44% increase year-over-year during the first quarter, according to data from Fidelity Investments. However, as our CEO, Marianela Collado, CPA/PFS, CFP®, CDS® points out, this strategy isn’t suitable for everyone.

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Taxes Retirement CFP Distribution 40

Nerd's Eye View

JULY 17, 2023

Our newest course on Life Insurance Policies adds to our existing programs on reviewing Tax Returns and navigating Estate Documents as well, and we're committed to continue to expand our financial advicer curriculum in the years to come!

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Ethics Financial Advice CFP Financial Advisor 200

Sara Grillo

APRIL 28, 2023

When : Wednesday, March 13th – Thursday, March 14th, 2024 Where : DoubleTree by Hilton St. plus the cost of sales tax. If you wish to transfer your ticket to another party, you may do so before March 1, 2024, and you agree to notify Sara Grillo immediately of any changes in ownership. Will you join us? Join the Immersion.

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CFP Taxes Sales Financial Advisor 52

Investing Caffeine

MARCH 1, 2024

To put this AI wave into perspective, you need look no further than to the comments made by Meta CEO Mark Zuckerberg, who stated by the end of 2024, the company should have 350,000 of NVIDIA’s H100 graphics processing units (GPUs) as part of the company’s AI infrastructure. Slome, CFA, CFP® Plan. www.Sidoxia.com Wade W.

Taxes 52

Taxes Risk Tolerance Retirement Investing 52

Carson Wealth

MARCH 26, 2024

By Mike Valenti, CPA, CFP®, Director,Tax Planning LLCs can provide legal protections and a level of anonymity, either or both of which can be beneficial for business owners, investors, and others with valid intentions. NOTE: Applicable entities created in 2024 have 90 days from creation to file the report.

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License Tax Planning CFP Taxes 129

Harness Wealth

JUNE 5, 2024

“Until I found Harness, starting my own tax practice wasn’t an option that I was seriously considering.” Due to Mr. Maddox’s relationship with Harness as a tax adviser on the platform, material conflicts of interest may arise. CFP® Before moving to Harness, Kelley Maddox was on a typical trajectory at his previous company.

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Taxes Clients Planning Tax Planning 64

Carson Wealth

DECEMBER 8, 2023

Petersen, CPA, CFP ® , CP, Affluent Wealth Planning The holidays are upon us! 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).

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Planning Retirement Planning Taxes Retirement 142

Indigo Marketing Agency

JANUARY 24, 2024

For 2024, he’s climbed our influencer chart and is now probably THE top influencer for financial advisors thanks to his blog, Nerd’s Eye View , and his X (Twitter) —both of which have cult-like followings. She is a CFP® professional, leading speaker, host, and brand ambassador who has become a go-to resource in the industry.

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Financial Advisor CFP Financial Services Education 52

Carson Wealth

MARCH 7, 2024

By Jake Anderson, CFP ® , Wealth Planner When helping clients begin retirement planning, the same questions often arise: What should my retirement plan look like? The current limit for contributions to a 401(k) in 2024 is $23,000, which is generally above the amount of an employer match. How much should I be saving?

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Darrow Wealth Management

OCTOBER 21, 2024

When unexercised ISOs are cashed out at closing, it’s considered a cancellation of stock options for tax purposes, not a disqualifying disposition. This is important, as the former will be subject to payroll tax. Should the deal not go through, you may be left with a large tax bill and no liquidity to pay it.

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Wealth Management Taxes Planning Media 104

Indigo Marketing Agency

JANUARY 24, 2024

For 2024, he’s climbed our influencer chart and is now probably THE top influencer for financial advisors thanks to his blog, Nerd’s Eye View , and his X (Twitter) —both of which have cult-like followings. She is a CFP® professional, leading speaker, host, and brand ambassador who has become a go-to resource in the industry.

Financial Advisor 52

Financial Advisor CFP Financial Services Education 52

Darrow Wealth Management

DECEMBER 23, 2023

Contributions to the account are made after tax and the money can be invested and grow tax-deferred. If the funds are used for qualifying educational expenses, withdrawals are tax-free. In 2023, the annual gift tax exclusion is $17,000 per person, increasing $1,000 in 2024.

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Taxes Wealth Management Education Planning 79

Your Richest Life

APRIL 15, 2024

There are traditional and Roth 401(k)s, both differentiated by their tax benefits. Traditional 401(k) – Employee contributions reduce taxable income, but withdrawals in retirement are taxed. Like a 401(k), a 403(b) plan lets employees put some of their salary into an account, and it’s generally not taxed until it’s distributed.

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Retirement Planning Retirement Planning Taxes 52

Darrow Wealth Management

NOVEMBER 4, 2024

In 2019, the CFP board announced CFP® professionals must adhere to a fiduciary duty when providing investment advice. It’s important to note that the CFP Board’s fiduciary standard is business-model neutral as described below. You can search for CFP® professionals here.

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Financial Advisor Certified Financial Planner Fiduciary Duty Fee Only 52

Darrow Wealth Management

NOVEMBER 5, 2024

If eligible, you may be able to exclude up to 100% of the gain from federal taxes when you sell your shares through the capital gains tax exclusion. The potential tax savings simply cannot be understated. Using IRS Section 1202, taxpayers can sell stock potentially free of federal capital gains taxes if the requirements are met.

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Taxes Wealth Management Tax Planning Assets 65

Darrow Wealth Management

MAY 6, 2024

Deciding What to Do When You Inherit A House Published in Forbes by Kristin McKenna, CFP® Real estate considerations If your parent was still in their home and living alone, notify the insurance company. A real estate tax lien can delay closing. Depending on your state, there may be state estate and/or inheritance tax due.

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Estate Planning Distribution Valuation Taxes 87

Investing Caffeine

JANUARY 2, 2024

Jerome Powell, the Federal Reserve Chairman has been paying attention to these statistics, as evidenced by the central bank’s forecast at the Fed’s recent policy meeting last month on December 13 th for three interest rate cuts in 2024. Slome, CFA, CFP® Plan. www.Sidoxia.com Wade W. Subscribe Here to view all monthly articles.

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Economy CFP Accounting Economics 98

Your Richest Life

SEPTEMBER 14, 2023

These accounts offer tax benefits for putting money aside for qualified expenses. Here is an overview of those benefits: Health Savings Account (HSA) – HSAs are savings accounts funded with pre-tax contributions. They also have tax-free earnings and tax-free withdrawals for qualified medical expenses.

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Insurance Medical Accounting Taxes 59

Darrow Wealth Management

DECEMBER 23, 2022

Congress is once again poised to make sweeping changes to the retirement and tax rules in the last two weeks of the year. In the new bill, the age when retirees must begin drawing from non-Roth tax-deferred retirement accounts would increase to 73 in 2023 and 75 in 2033. The Secure Act 2.0 is expected to become law later this week.

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Retirement Retirement Planning Distribution Taxes 86

Darrow Wealth Management

MARCH 11, 2024

The primary benefits are tax savings and ability to stay invested. Pros and cons of using a portfolio-based line of credit to buy a house Ultimately, you’ll want to speak with your financial and tax advisor before considering borrowing against your investment accounts. As with any financial decision, there are risks.

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Wealth Management Accounting Taxes Portfolio 82

Darrow Wealth Management

NOVEMBER 20, 2023

Considering Roth conversions in retirement When you convert pre-tax money from an IRA to an after-tax Roth IRA, the amount converted is included in your taxable income. But in retirement, without a paycheck, it can be a great opportunity to control your tax situation for the year and fill up the lower tax brackets.

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Retirement Distribution Taxes Accounting 82

Darrow Wealth Management

FEBRUARY 19, 2024

A deep discussion of these strategies is outside the scope of this overview, and because every situation is so different, be sure to discuss your situation with your tax and financial advisor. Taxes should always be a component of any investment decision — but not the main driver.

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Management Taxes Portfolio Estate Planning 94

Darrow Wealth Management

JANUARY 9, 2023

was signed into law December 29th, 2022, bringing more major changes to tax law. Amount rolled over is tax-free (not included in beneficiary’s income) and penalty-free. The ability to do 529 plan to Roth IRA rollovers goes into effect January 2024. Currently, pre-tax or Roth contributions are allowed. The Secure Act 2.0

Accounting 59

Accounting Taxes Tax Planning Distribution 59

Darrow Wealth Management

JULY 24, 2023

But just last week, the IRS again waived penalties on missed distributions for 2023 and indicated that final guidance won’t come until 2024. Post Secure Act distribution rules for beneficiaries of Roth IRAs, as Roth IRAs don’t have RMDs (Roth 401(k)s do until 2024). A final ruling was expected by early 2023.

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Distribution Retirement Taxes Accounting 52

Darrow Wealth Management

MAY 6, 2024

Deciding What to Do When You Inherit A House Published in Forbes by Kristin McKenna, CFP® Real estate considerations If your parent was still in their home and living alone, notify the insurance company. A real estate tax lien can delay closing. Depending on your state, there may be state estate and/or inheritance tax due.

Estate Planning 52

Estate Planning Distribution Valuation Taxes 52

Darrow Wealth Management

JANUARY 29, 2024

There are no tax benefits during life nor are there any adverse tax implications. The US has 50 states – each with their own tax laws and estate planning opportunities. Limiting access can provide estate tax planning benefits for some). Other living trust benefits State estate tax planning. non-attorney).

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Estate Planning Distribution Taxes Wealth Management 79

Darrow Wealth Management

APRIL 15, 2024

According to the 2024 State of Retirement Planning Study by Fidelity Investments, the rise of remote and hybrid work has shifted retirement preferences for working Americans under age 42. This article was written by Kristin McKenna, CFP® and originally appeared on Forbes. But that’s short-sighted.

Retirement 91

Retirement Retirement Planning Insurance Medical 91

Investing Caffeine

OCTOBER 1, 2024

The monthly gains are adding to a 2024 that is shaping up to be a potentially banner year. Slome, CFA, CFP® Plan. This article is an excerpt from a previously released Sidoxia Capital Management complimentary newsletter (October 1, 2024). So far, the adrenaline is doing its job. www.Sidoxia.com Wade W.

Economy 52

Economy Economics Government CFP 52

Investing Caffeine

JULY 1, 2024

Slome, CFA, CFP® Plan. This article is an excerpt from a previously released Sidoxia Capital Management complimentary newsletter (July 1, 2024). The best advice is to celebrate responsibly, while managing the risk of your investment portfolio, because eventually the cops will arrive and the party will come to an end.

Economics 52

Economics Marketing Marketing Food 52

Investing Caffeine

AUGUST 2, 2024

Slome, CFA, CFP® Plan. This article is an excerpt from a previously released Sidoxia Capital Management complimentary newsletter (August 1, 2024). Rather than getting caught up in a fool’s errand, make sure your investment portfolio is diversified and built to withstand volatile rotations. www.Sidoxia.com Wade W.

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CFP Investing Investments Economy 52

Darrow Wealth Management

MAY 17, 2024

Consider paying the school directly and consulting your tax advisor to discuss gift tax issues. Article written by Darrow Wealth Management President Kristin McKenna, CFP® and originally appeared on Forbes. Last reviewed May 2024 The post How Much Should Parents Contribute to College? Here are a few. Parent loan.

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Education Communication Wealth Management CFP 80

Darrow Wealth Management

APRIL 15, 2024

According to the 2024 State of Retirement Planning Study by Fidelity Investments, the rise of remote and hybrid work has shifted retirement preferences for working Americans under age 42. This article was written by Kristin McKenna, CFP® and originally appeared on Forbes. But that’s short-sighted.

Retirement 52

Retirement Retirement Planning Insurance Medical 52

Investing Caffeine

JUNE 3, 2024

Slome, CFA, CFP® Plan. This article is an excerpt from a previously released Sidoxia Capital Management complimentary newsletter (June 3, 2024). www.Sidoxia.com Wade W. Subscribe Here to view all monthly articles. Please read disclosure language on IC Contact page.

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Risk Tolerance Economics Economy Asset Allocation 52