Indigo Marketing Agency

DECEMBER 17, 2024

3 Small Ways to See Big Marketing Results Financial advisors often feel overwhelmed by the idea of tackling marketing. Record Personalized Videos Clients want to feel connected to their financial advisor on a personal level. Why is video content so effective for financial advisors?

Marketing 52

Marketing Marketing Financial Advisor Clients 52

Carson Wealth

FEBRUARY 4, 2025

While most taxpayers dont need to worry about estate and gift taxes, having significant assets can make them a challenge. Also, like most UHNW individuals, you may have income from several sources like investments, real estate, and business interests that may require special tax planning. Estate taxes also offer challenges.

Risk Management 52

Risk Management Compliance Taxes Management 52

Sara Grillo

NOVEMBER 11, 2024

I am a CFA® charterholder and financial advisor marketing consultant. I have a newsletter in which I talk about financial advisor lead generation topics which is best described as “fun and irreverent.” They’re not going to like me if I go out there and say I’m a financial advisor for dentists.”

Clients 59

Clients Financial Advisor Marketing Marketing 59

Harness Wealth

FEBRUARY 5, 2025

Financial and lifestyle considerations of living abroad The importance of professional tax advice for expats FAQs about the FEIE What is the Foreign Earned Income Exclusion? federal income tax (2025). taxes as foreign-earned income could be subject to double taxation. expatriates to reduce their tax liabilities.

Taxes 52

Taxes Compliance Accounting Government 52

Harness Wealth

FEBRUARY 19, 2025

Ensure BOI reporting compliance and remain updated with the latest BOI regulations with a tax advisor from Harness. Get started Harness makes it easy to find tax and financial advisors best suited to your needs. Harness makes it easy to find tax and financial advisors best suited to your needs.

Taxes 52

Taxes Financial Advisor Consulting Certification 52

Harness Wealth

APRIL 17, 2023

In this article, we’ll discuss: Who Pays the Alternative Minimum Tax? If you live in one of these states, it’s essential to be familiar with the state-specific AMT rules, and other state-level tax implications to minimize your overall tax liability. Tax services provided through Harness Tax LLC.

Taxes 52

Taxes Tax Planning Planning Investing 52

Nerd's Eye View

DECEMBER 30, 2024

Each week in Weekend Reading For Financial Planners, we seek to bring you synopses and commentaries on 12 articles covering news for financial advisors including topics covering technical planning, practice management, advisor marketing, career development, and more. Read More.

Financial Advisor 240

Financial Advisor Insurance Tax Planning Taxes 240

Darrow Wealth Management

NOVEMBER 14, 2024

For employees, federal tax withholding at exercise is typically required. When you sell the stock, there’s no required tax withholding, but you’ll still want to seek tax advice. Again, coordinate your plans with your financial advisor and CPA prior to exercising or selling stock options.

Taxes 52

Taxes Sales Wealth Management Planning 52

Carson Wealth

FEBRUARY 27, 2025

Like gardening or working out, tax planning is one of those activities where you get out what you put in. Tax planning is similar in the sense that you can put work in on the front end that youll reap benefits from later. Many of us just do tax preparation, dropping off a shoebox of documents with a CPA for the weekend.

Taxes 100

Taxes Tax Planning Distribution Planning 100

Darrow Wealth Management

NOVEMBER 11, 2024

Updated for 2024 – 2025. Because many taxpayers earn too much to make pre-tax IRA contributions as they have a 401(k) at work. Many people end up paying taxes twice. There are income limits for contributions to a traditional IRA that qualify for a tax deduction. See 2024 limits and 2025 limits.

Taxes 95

Taxes Distribution Retirement Retirement Planning 95

Nerd's Eye View

MARCH 15, 2024

While the final submitted text has not been released, some experts suggest that the DoL likely made few changes to its initial proposal, despite significant opposition from broker-dealers that could lead to the judicial system deciding the rule’s ultimate fate.

Financial Planner 246

Financial Planner CFP Taxes Tax Planning 246

Harness Wealth

DECEMBER 8, 2022

Contributions can be deducted from taxable income and withdrawals can be made tax-free from these accounts as long as funds are used for qualifying healthcare expenses. A financial advisor can help you identify and set that up. The current lifetime gift tax exclusion is $12.06M (or $24.12 Gifting to friends and family.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Nerd's Eye View

JULY 24, 2024

As a whole, these regulations introduce significantly more complexity to the process of tax planning around retirement accounts, particularly after the death of the account's original owner.

Distribution 190

Distribution Accounting Retirement Tax Planning 190

Harness Wealth

FEBRUARY 4, 2025

Short-Term Rental Taxation: If a property is rented for seven days or less per stay, the IRS classifies the income as business income, subjecting it to self-employment taxes. Get started Harness makes it easy to find tax and financial advisors best suited to your needs. This article is a product of Harness Tax LLC.

Taxes 52

Taxes Investing Investments Startup 52

Nerd's Eye View

MARCH 15, 2024

While the final submitted text has not been released, some experts suggest that the DoL likely made few changes to its initial proposal, despite significant opposition from broker-dealers that could lead to the judicial system deciding the rule’s ultimate fate.

Financial Planner 130

Financial Planner CFP Taxes Tax Planning 130

Darrow Wealth Management

JANUARY 16, 2025

You’ll need to fill out paperwork with the custodian if there isn’t a financial advisor managing the accounts. Then its a step-down in tax basis to the date of death value. If you sell at a loss, you can offset other investment gains plus an additional $3,000 against other taxable income in 2025.

Assets 98

Assets Estate Planning Taxes Wealth Management 98

Darrow Wealth Management

SEPTEMBER 11, 2024

So it’s important to consult a financial advisor and attorney to discuss your situation. There’s no forced ‘catch up’ and RMDs are not technically needed before 2025 (though it should be considered). As a result, tax planning is critical, particularly if you’ve inherited a large 401(k) or IRA.

Accounting 94

Accounting Retirement Distribution Taxes 94

Darrow Wealth Management

NOVEMBER 5, 2024

Unfortunately, the Commonwealth also passed a ‘millionaire tax’, which adds a 4% surtax to taxable income over $1M , even for one-time sudden wealth events. To expand the tax benefits past the 10x/$10M limits, consider planning strategies such as gifting stock to family members.

Taxes 62

Taxes Wealth Management Tax Planning Assets 62

Harness Wealth

JULY 29, 2024

Any reporting companies created during 2024 have 90 days to file this report, and for reporting companies created in 2025 or after this filing deadline is reduced to 30 days. On the estate planning front, chief among these potential changes is the sunset of the gift and estate tax basic exclusion amount for U.S.

Estate Planning 59

Estate Planning Taxes Planning Tax Planning 59

Zajac Group

NOVEMBER 7, 2024

Creating wealth that can provide financial security for generations to come is an incredible feat, and it requires careful planning, consideration, and communication among family members. Transfer After Death The IRS does impose a federal estate tax—though the exemption limit in 2024 is at a historically high rate of $13.61

Planning 52

Planning Estate Planning Taxes Assets 52

Carson Wealth

FEBRUARY 29, 2024

Then, she meets with her financial advisor to review her estate plan. million that she can give the kids without incurring any kind of estate tax. The lifetime gift tax exemption and the estate tax exemption are at such high levels because of the Tax Cuts and Jobs Act of 2017 (TCJA). This makes $13.61

Taxes 96

Taxes Financial Planning Planning Estate Planning 96

Nerd's Eye View

OCTOBER 28, 2024

Financial advisor conferences are not what they used to be. Once the domain of membership associations that, especially amongst independent financial advisors, created a central space for networking and community, conferences were primarily built around professional development (i.e.,

Financial Advisor 148

Financial Advisor Tax Planning Financial Planning Planning 148

Indigo Marketing Agency

JANUARY 25, 2025

The financial advisory world is evolving faster than ever. To thrive, advisors must learn from todays top influencersleaders who push boundaries, share insights, and spark innovation. Here are the 30 voices to follow in 2025, along with rising stars you shouldnt miss. Samantha was also a finalist in the 2024 Wealthies. (

Financial Advisor 52

Financial Advisor Education CFP Clients 52

Darrow Wealth Management

NOVEMBER 7, 2024

Exercise strategy: Timing: Consider the tax implications of exercising vested options before or after the IPO, timing of sales, and tax planning opportunities. Cash flow: Depending on the type of equity you have, exercising can be challenging given tax implications and having cash to buy the stock.

Taxes 95

Taxes Wealth Management Wealth Advisor Tax Planning 95

Harness Wealth

JANUARY 28, 2025

In this guide, we’ll explore the key tax changes in effect for 2025, how theyll influence your filing status, retirement savings, investment, and estate planningand offer strategic advice to help high-income and high-net-worth individuals prepare more effectively for upcoming coming tax changes. That said, U.S.

Taxes 52

Taxes Planning Retirement Estate Planning 52

Harness Wealth

JANUARY 17, 2025

Some platforms, such as Harness, maintain networks of vetted tax advisors with expertise in a variety of fields, making it easy to get introduced to specialists when needs arise. Some tax advisors specialize in tax planning, while others may concentrate on auditing, financial consulting, or simply annual tax filing.

Taxes 52

Taxes Certification Ethics Communication 52

Nerd's Eye View

NOVEMBER 13, 2024

With Republicans appearing to have secured a sweep of the White House and both chambers of Congress, the most immediate question for many financial advisors and their clients is what impact the election results will have on the scheduled expiration of the Tax Cuts & Jobs Act (TCJA) at the end of 2025.

Tax Planning 246

Tax Planning Taxes Planning Assets 246