Nerd's Eye View

SEPTEMBER 6, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that the Treasury Department has finalized rules requiring most SEC-registered RIAs to implement risk-based Anti-Money Laundering and Countering the Financing of Terrorism programs, including a requirement to report suspicious (..)

Financial Planner 246

Financial Planner Tax Planning Compliance Financial Advice 246

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.

Taxes 52

Taxes Medical Distribution Tax Planning 52

Nerd's Eye View

JANUARY 13, 2025

And also make it easier for us to redesign the Nerd's Eye View blog side of the website as well, in 2026!) Which means over the next 12 months, we're going to rebuild it all from scratch, with a modern technology foundation that will allow us to better scale over the next decade.

Financial Advice 146

Financial Advice Ethics Financial Planning Education 146

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).

Planning 142

Planning Retirement Planning Taxes Retirement 142

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. Let’s take a look at the tax impact and other considerations of each. million before triggering federal estate taxes).

Planning 52

Planning Estate Planning Taxes Assets 52

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. Although a number of these provisions will negatively impact taxpayers starting in 2026, there a few changes that will be positive. For some, this may lead to more taxes paid on capital gains.

Taxes 52

Taxes Tax Planning Planning Estate Planning 52

Abnormal Returns

SEPTEMBER 30, 2024

Podcasts Michael Kitces talks with Ann Garcia, partner of Independent Progressive Advisors, about planning for mid-work professionals. riabiz.com) Taxes How pre-tax retirement contributions provide flexibility down the road. kitces.com) Tax strategies if the TCJA expires in 2026.

Financial Advice 130

Financial Advice Fee Only Estate Planning Taxes 130

Nationwide Financial

MARCH 6, 2023

For example, they could make most of their charitable contributions and medical expenditures in a year they plan to itemize. 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.

Tax Planning 78

Tax Planning Taxes Planning Distribution 78

Zajac Group

APRIL 1, 2025

That being said, you will still need to be cognizant of when they vest, how they can impact your tax bill, and when may be the best time to sell or hold shares. Taxes and Portfolio Concentration: The Importance of Managing Your RSUs RSUs are relatively simple to manage when compared to employees stock options.

Taxes 52

Taxes Investing Investments Education 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.

Taxes 92

Taxes Tax Planning Startup Valuation 92

Carson Wealth

SEPTEMBER 27, 2023

But life insurance can benefit your financial planning in many other ways. For individuals, a permanent life insurance plan can play a key role in estate planning by helping reduce estate taxes. million for couples), but it will revert to its pre-2018 level of $5 million (adjusted for inflation) in 2026.

Estate Planning 95

Estate Planning Insurance Planning Taxes 95

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. The SECURE Act 1.0

Estate Planning 59

Estate Planning Taxes Planning Tax Planning 59

Carson Wealth

DECEMBER 27, 2023

By Ryan Egolf, EA, Senior Tax Planner As the New Year quickly approaches, it’s time to put a bow on your 2023 financial plan. While this is by no means an exhaustive or comprehensive list of financial planning tools, these three broad areas will get you headed in the right direction. In some cases, those payments are tax-free.

Planning 86

Planning Retirement Planning Insurance Taxes 86

Trade Brains

JUNE 6, 2023

A highlight of the future plans of both the companies and a summary conclude the article at the end. billion in value by 2026. However, the figures of Gujarat Fluorochemicals are not comparable historically because of exception tax treatment in base year FY19. Next, we’ll learn about the two businesses.

Planning 103

Planning Manufacturing Electronics Pharmaceutical 103

Darrow Wealth Management

JANUARY 30, 2023

just upended retirement planning…again. Raising the age when withdrawals must begin is great as it gives investors more planning opportunities. Here are some tax planning strategies to consider when you should start drawing from your IRA. The Secure Act 2.0 But just because you can doesn’t mean you should.

Distribution 95

Distribution Tax Planning Retirement Taxes 95

Trade Brains

JANUARY 22, 2024

The industry is expected to grow at a CAGR of approximately 16% from 2022 to 2026. 36% YoY Growth (%) 48% 25% KPIT reported a Profit after tax of Rs. However, we should take Tata Tech’s Net Profit growth in FY23 with a pinch of salt as it involves a Deferred Tax Income of Rs. Additionally, digital engineering spending.

Planning 119

Planning Engineering Manufacturing Clients 119

Trade Brains

MAY 23, 2023

A highlight of the future plans and a summary conclude the article at the end. FY 2021-22 Annual Report The structural shift is expected to benefit the nation immensely and increase its share in the global specialty chemicals industry to 6% by 2026 from 4%. Next, we’ll look at the market size and opportunities.

Planning 105

Planning Manufacturing Sales Pharmaceutical 105

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. Starting in 2026, the catch-up will be indexed by inflation.

Retirement 99

Retirement Retirement Planning Distribution Taxes 99

Darrow Wealth Management

MARCH 24, 2024

6 tax strategies for incentive stock options and AMT Triggering the alternative minimum tax isn’t the end of the world, but you don’t want to do it by accident. Exercise ISOs early in the year to manage or avoid AMT To get long-term capital gains tax treatment, you need to hold ISOs through the end of the year of exercise.

Taxes 59

Taxes Tax Planning Planning Financial Advisor 59

MainStreet Financial Planning

JUNE 23, 2023

in 2026, the eligibility age will be adjusted to 46. Tax-Advantaged Savings : Contributions to ABLE accounts are made with after-tax dollars, but the earnings on the account grow tax-free. Withdrawals are also tax-free if they are used for qualified disability expenses. With the passing of Secure Act 2.0,

Accounting 98

Accounting Healthcare Taxes Planning 98

Darrow Wealth Management

MARCH 29, 2024

If you have incentive stock options, you’ve probably heard of the alternative minimum tax (AMT). Essentially, the alternative minimum tax is a prepayment of taxes. The credit reduces your tax liability to reflect prepaid tax. Early sales of ISOs are taxed in the regular tax system.

Taxes 96

Taxes Tax Planning Planning Wealth Management 96

Good Financial Cents

JANUARY 26, 2023

But while it’s possible to retire at 50 and have plenty of time left in life to have new experiences, it takes careful planning and a will of steel. That means understanding the stock market, planning for debt and savings, and investing in yourself through education or entrepreneurial ventures. Your retirement plan shouldn’t be.

Retirement 122

Retirement Taxes Accounting Retirement Planning 122

Darrow Wealth Management

AUGUST 30, 2022

This is a major advantage as assets can be sold/diversified right away without tax implications. Developing an asset allocation and investment plan that suits you , which may be different than who left you the inheritance. Concentrated holdings with an emotional attachment (often blue-chip stocks) can derail an investment plan.

Distribution 104

Distribution Accounting Retirement Taxes 104

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.

Taxes 52

Taxes Tax Planning Startup Valuation 52

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. ” Megan Gorman and I discuss: How Megan draws on her background as an attorney and her passion for tax strategy when advising high-net-worth clients.

Financial Planning 52

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?

Taxes 45

Taxes Distribution Clients Planning 45

Darrow Wealth Management

MARCH 24, 2024

6 tax strategies for incentive stock options and AMT Triggering the alternative minimum tax isn’t the end of the world, but you don’t want to do it by accident. Exercise ISOs early in the year to manage or avoid AMT To get long-term capital gains tax treatment, you need to hold ISOs through the end of the year of exercise.

Taxes 52

Taxes Tax Planning Planning Financial Advisor 52

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

Brown Advisory

NOVEMBER 1, 2019

2019 Year-End Planning Letter. 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. Market conditions may be volatile, but our planning efforts are, as always, focused on stability and consistency. Fri, 11/01/2019 - 13:44.

Planning 52

Planning Taxes Clients Assets 52

Harness Wealth

MARCH 10, 2023

Whether you’re in venture capital, private equity, or angel investing, it’s important to understand the tax implications of your investment income. One of the unique characteristics of carried interest is that it is taxed as a capital gain rather than ordinary income. K-1 forms are reported on an individual’s tax return.

Taxes 52

Taxes Tax Planning Startup Portfolio 52

Trade Brains

OCTOBER 21, 2024

The company’s recent financial performance and looming tax increases have raised concerns among investors and industry analysts. New Tax Policies Add Financial Pressure As if the sales slump wasn’t enough, LVMH now faces an additional financial burden. to about 10%.

Taxes 52

Taxes Sales Government Economics 52

James Hendries

DECEMBER 11, 2022

Tax Planning – Have necessary steps been taken toward filing required business and individual tax returns, so they get filed on time? The type of business will determine the tax consequence. There are five general types of business taxes and tax changes that can be applied. Income Tax. Estimated Tax.

Planning 52

Planning Taxes Insurance Accounting 52

Cordant Wealth Partners

AUGUST 16, 2024

Most recently, Intel announced layoffs impacting 15% of the workforce with a plan to cut $10 billion in total costs. So, if you separate from the company near the end of the year, earning a full year of salary plus severance payouts, you could be pushed into a higher tax bracket. Tax planning for a transition out of Intel is critical.

Planning 52

Planning Retirement Taxes Accounting 52

WiserAdvisor

JUNE 6, 2023

However, given the high value of wealth, it becomes all the more critical for high-net-worth individuals to plan their finances optimally. Estate planning is one of the key components of financial planning these individuals need to focus on. Business succession: Many high-net-worth individuals are business owners.

Estate Planning 40

Estate Planning Planning Taxes Insurance 40

Trade Brains

APRIL 24, 2023

By 2026, this figure is expected to more than double to 5-7 percent. This falls in line with the company’s target dividend payout ratio of 30-50 percent of the annual standalone PAT (Profit After Tax). Coming to the CAPEX plans of the company, they are seeking to invest ₹1,500 crores in the next three years. ROCE (%) 24.79

Planning 52

Planning Manufacturing Engineering Sales 52

Trade Brains

AUGUST 22, 2023

The article concludes with a highlight of future plans and a summary. Future Plans of Polycab India The management has given a large target of 20,000 crores of sales by 2026. The post Fundamental Analysis Of Polycab India – Financials, Future Plans & More appeared first on Trade Brains.

Planning 52

Planning Distribution Retail Manufacturing 52

Trade Brains

JANUARY 3, 2023

A highlight of the future plans and a summary conclude the article at the end. Overall, the Automobile Component Manufacturers Association (ACMA) projects the Indian auto-ancillary sector to touch $ 200 billion in revenues by 2026. The profit-after-tax margin has remained relatively low. Future Plans of Minda Corporation.

Planning 52

Planning Manufacturing Startup Accounting 52