Harness Wealth

JANUARY 29, 2025

April 15 marks the IRS tax return filing deadline for 2025. Although this is the traditional tax filing deadline, given the spate of recent natural disasters (such as the California wildfires and Hurricane Milton), the IRS is granting certain filing and payment extensions beyond this date.

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Taxes Medical Distribution Tax Planning 52

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

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

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

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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Estate Planning Taxes Planning Tax Planning 59

Steve Sanduski

SEPTEMBER 17, 2024

Guest: Megan Gorman, Founder and Managing Partner of Chequers Financial Management , a female-owned, high-net-worth tax and financial planning firm based in San Francisco. In a Nutshell: High-net-worth clients have high-net-worth needs. Megan’s vision of the “perfect” client experience.

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Financial Planning Taxes Clients Planning 52

Steve Feinberg

FEBRUARY 3, 2022

At first glance, you wouldn’t think this news matters that much as most small businesses don’t pay Interest/Dividends tax. In 2022 the rate is 5%, and then 4% in 2023, 3% in 2024, 2% in 2025, 1% in 2026, and then completely repealed after 2026. So, what’s changing?

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Taxes Distribution Clients Planning 45

Nationwide Financial

JANUARY 26, 2023

Key Takeaways: 2023 could be a really good year to fund a Roth account because of low tax rates and changes to how the standard deduction, tax brackets, and retirement account contribution limits are adjusted for inflation. The lower the tax rate, the more attractive the Roth contribution becomes relative to a pre-tax contribution.

Accounting 98

Accounting Retirement Taxes Retirement Planning 98

Trade Brains

JANUARY 22, 2024

The Company’s Marquee list of clients includes Airbus , McLaren , Honda , Ford , and a new energy vehicle Company called VinFast. These anchor clients contribute to 40% of the Company’s revenue. The industry is expected to grow at a CAGR of approximately 16% from 2022 to 2026. Additionally, digital engineering spending.

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Planning Engineering Manufacturing Clients 119

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. Non-Taxable Gifts.

Planning 52

Planning Taxes Clients Assets 52

Validea

DECEMBER 30, 2022

Direct indexing assets, currently at $462 billion, are expected to rise up to $825 billion by 2026, according to Cerulli Associates data that is cited in the article, making its growth forecast the biggest out of ETFs, mutual funds, and separately managed accounts.

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Investments Investing Retirement Portfolio 52

Cordant Wealth Partners

AUGUST 16, 2024

Other pay : Certain employees can be eligible for “pay in lieu of redeployment” (9 weeks) and an “additional separation bonus” (8 weeks) It’s important to note that severance payouts are taxed as ordinary income in the year of payout. Tax planning for a transition out of Intel is critical.

Planning 52

Planning Retirement Taxes Accounting 52

WiserAdvisor

JANUARY 23, 2024

Step 2: See if the financial advisor conducts an annual tax review Ensuring that your financial advisor reviews your tax return annually is a crucial step in maximizing your financial benefits. An effective financial advisor should be proactive in reviewing your tax plan before the year-end.

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Financial Advisor Risk Tolerance Communication Taxes 40

Fortune Financial

MAY 4, 2023

billion by 2026, according to a report by Hubs. Subscribe to Our Playlist to Stay Up-to-Date on the Latest Alternative Investment Opportunities Work with a Fortune Financial Advisor Our focus at Fortune Financial is on locating solid alternative investment opportunities so clients aren’t riding the emotional roller coaster of market cycles.

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Investing Investments Manufacturing Financial Advisor 52

Fortune Financial

AUGUST 7, 2023

trillion by 2021, it is expected to rise to $23 trillion by 2026. We provide in-depth research, due diligence and ongoing monitoring of investment options, ensuring that clients have access to high-quality opportunities and are equipped with the information needed to make informed investment decisions. between 2015 and the end of 2021.

Portfolio 52

Portfolio Investing Investments Risk Tolerance 52

Fortune Financial

AUGUST 7, 2023

trillion by 2021, it is expected to rise to $23 trillion by 2026. We provide in-depth research, due diligence and ongoing monitoring of investment options, ensuring that clients have access to high-quality opportunities and are equipped with the information needed to make informed investment decisions. between 2015 and the end of 2021.

Portfolio 52

Portfolio Investing Investments Risk Tolerance 52

Brown Advisory

APRIL 22, 2021

This article explores some ways ARPA impacts our clients' lives and interests. Tax credits, including an expansion of child tax credits, are the second-largest provision in ARPA and account for $338B over the next ten years. ARPA may impact our clients as investors. Business Tax Provisions. ARPA provides $1.9

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Clients Planning Taxes Executive Compensation 52

Brown Advisory

APRIL 22, 2021

The American Rescue Plan Act: Potential Consequences for Clients. This article explores some ways ARPA impacts our clients' lives and interests. Tax credits, including an expansion of child tax credits, are the second-largest provision in ARPA and account for $338B over the next ten years. Business Tax Provisions.

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Clients Planning Taxes Executive Compensation 52

Investing Caffeine

SEPTEMBER 3, 2024

However, despite the long laundry list of concerns, there are plenty of opposing tailwinds supporting the upswell in stock prices, starting with growing record corporate profits with strength forecasted through 2026 ( see chart below ). The latest headline inflation rate (CPI – Consumer Price Index) fell to 2.9%

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CFP Investments Investing Economy 52

Dear Mr. Market

NOVEMBER 22, 2024

If so, there’s a good chance your plan includes the classic “AB Trust” structure, which—prior to 2011—was the primary way for married couples to double the value of their federal estate tax exemptions. If Bill dies in 2026 without using any of his ~$7.5 Our Legacy Program currently serves 120 client families on an ongoing basis.

Estate Planning 52

Estate Planning Taxes Planning Assets 52

Sara Grillo

SEPTEMBER 11, 2023

If you allow your clients to distribute their income incorrectly, they government is going to take all of it. Given that financial advisors are always encouraging their clients to stash away money in tax deferred vehicles, making those distributions taxable upon withdrawal. #2 An example is how tax planning is handled.

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Planning Financial Advisor Taxes Retirement 111

Investing Caffeine

APRIL 1, 2024

SBF Sentenced to 25 Years: The former CEO of cryptocurrency exchange company FTX, Sam Bankman-Fried (SBF), was sentenced to 25 years in prison due to his conviction on seven counts of fraud and what is believed to be $8 billion in stolen client funds. Subscribe Here to view all monthly articles.

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Economics Media CFP Investments 105

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.

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Tax Planning Taxes Planning Assets 246