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. It can also preclude some tax planning strategies down the road.

Taxes 52

Taxes Tax Planning Startup Valuation 52

Darrow Wealth Management

DECEMBER 23, 2022

would keep the age 50 catch-ups and allow new ones: 401(k) & 403(b) plans: starting in 2025, the catch-up contribution will become the greater of $10,000 or 150% of the catch-up limit for individuals between age 60 – 63. Starting in 2026, the catch-up will be indexed by inflation. The Secure Act 2.0 The post Secure Act 2.0

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. By the end of the year, you already know most of the tax inputs so your CPA and financial advisor can help in developing a tax projection.

Taxes 52

Taxes Tax Planning Planning Financial Advisor 52

Harness Wealth

JULY 29, 2024

If the sunset occurs, this inflation-adjusted amount, which is currently $13,610,000 as of July 2024 , could be reduced by one-half (after inflation adjustments for 2025 and 2026) starting on January 1, 2026. The war for talent will continue to constrain many professional practices that assist with wealth transfer planning.

Estate Planning 59

Estate Planning Taxes Planning Tax Planning 59

Harness Wealth

MARCH 10, 2023

The manager’s carried interest is 20%, or $200,000. If the manager chooses to use the Three-Year Carried Interest Loophole, they would not be required to pay taxes on that $200,000 until 2026. It’s crucial to accurately calculate the cost basis in order to report capital gains taxes correctly.

Taxes 52

Taxes Tax Planning Startup Portfolio 52

Darrow Wealth Management

MARCH 29, 2024

There are two AMT tax rates: 26% and 28%. AMT exemptions and phase out were increased significantly in the 2017 Tax Cuts and Jobs Act. These higher limits are scheduled to sunset in 2026. Tax and financial planning with stock options Not every individual with incentive stock options will have tax planning options to consider.

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Taxes Tax Planning Planning Wealth Management 52

Steve Sanduski

SEPTEMBER 17, 2024

Advisors who want to swim in the deep end of the pool have to scale the quality of their teams, their tech stacks, and the services they provide beyond basic wealth management. And so right now, like a lot of advisors, we’re dealing with the fact that the unified credit is scheduled to go down in 2026.

Financial Planning 52

Financial Planning Clients Taxes Planning 52