Harness Wealth

MARCH 6, 2025

Freelancers and contractors may enjoy greater flexibility and independence than full-time employees, however, this autonomy brings increased tax responsibility. Unlike W-2 employees, freelancers and independent contractors are responsible for managing their own tax obligations, which can be a complex process.

Taxes 52

Taxes Consulting Professional Services Tax Planning 52

Nerd's Eye View

JANUARY 6, 2025

FINNY AI, an AI-powered prospecting tool, has raised $4.2

Startup 188

Startup Financial Advisor Clients Portfolio Management 188

Abnormal Returns

NOVEMBER 20, 2024

nytimes.com) Taxes in retirement only get more complicated. abnormalreturns.com) A bad experience trying to capture a bank 'bonus' account offer. (sites.libsyn.com) Frazer Rice talks with Christine Benz author of "How to Retire" (podcasts.apple.com) Carl Richards talks money and more with journalist Kara Swisher. Well, you should.

Estate Planning 162

Estate Planning Retirement Marketing Marketing 162

Harness Wealth

JANUARY 10, 2025

Tax advice is a common topic on social media platforms like TikTok. Influencers promise easy ways to secure tax deductions, simplifying complex ideas into bite-sized claims that gloss over important details in the process. Can Hiring Your Children Help You Save on Taxes? Can You Claim Your Pet as a Tax Write-Off?

Taxes 52

Taxes Assets Media Education 52

Abnormal Returns

NOVEMBER 21, 2023

tandfonline.com) How do state tax hikes affect municipal bond yields? papers.ssrn.com) Why large banks pay lower deposit rates than smaller banks. (priceactionlab.com) Why 'stocks for the long run' may be built on less then great data. papers.ssrn.com) People treat crypto like other financial assets. nber.org)

Banking 278

Banking Taxes Assets 278

Abnormal Returns

JUNE 19, 2024

wealthmanagement.com) Taxes The traditional IRA looks less and less attractive. thinkadvisor.com) The interest rate the IRS charges on underpayment taxes is on the rise. awealthofcommonsense.com) Piggy banks are passe. (morningstar.com) On the math of early Social Security claiming. Why you need a plan. moneywithkatie.com)

Math 259

Math Retirement Taxes Insurance 259

Cordant Wealth Partners

NOVEMBER 18, 2024

We also get you up to speed on the tax benefits of using a DAF. If you've heard of a DAF and are curious about incorporating it into your giving and tax planning strategy, this article is for you. Key Takeaways: Contributions to a donor-advised fund reduce your tax bill in the year your contribution is made.

Taxes 52

Taxes Tax Planning Nonprofit Accounting 52

Wealth Management

AUGUST 8, 2023

Banks are facing a tough market in trying to sell their commercial real estate loans, reports Bloomberg. The GOP and commercial real estate executives are teaming up against a Treasury Department proposal to impose new taxes on REITs, according to Commercial Observer.

Banking 246

Banking Taxes Marketing Marketing 246

Abnormal Returns

APRIL 19, 2023

nytimes.com) Finance How boring should banks be? semafor.com) How exposed are regional banks to problematic commercial real estate loans? oaktreecapital.com) Startup Tellus is not a bank. abnormalreturns.com) Just in time for tax day, a custom indexing linkfest! ft.com) Rising CRE loan defaults could spook markets.

Financial Advising 242

Financial Advising Startup Banking Media 242

The Big Picture

MARCH 2, 2025

Morgan , where she is co-head of commercial banking. The Blue State-Red State Tax Divide Isnt Really That Fair Source: Bloomberg Sign up for our reads-only mailing list here. ~~~ To learn how these reads are assembled each day, please see this.

Government 229

Government Food Startup Banking 229

Abnormal Returns

MARCH 15, 2023

morningstar.com) Banking Eight questions about the banking panic of 2023 including 'Is my money safe?' kindnessfp.com) When does it make sense to get help with your taxes? Podcasts Morgan Housel talks about the impact of our lifestyle decisions. awealthofcommonsense.com) Too many people are missing out on higher cash yields.

Retirement Planning 246

Retirement Planning Retirement Financial Services Financial Advisor 246

Abnormal Returns

FEBRUARY 1, 2024

wsj.com) Finance More banks are marking down the value of U.S. etf.com) Vanguard has launched two new ETFs, the Vanguard Intermediate-Term Tax-Exempt Bond ETF ($VTEI) and Vanguard California Tax-Exempt Bond ETF ($VTEC). (downtownjoshbrown.com) Biogen ($BGEN) is giving up on controversial Alzheimer's drug Aduhelm. office loans.

Financial Advising 289

Financial Advising Taxes Manufacturing Media 289

Abnormal Returns

MAY 8, 2023

citywire.com) Dynasty Financial Partners has formed Dynasty Investment Bank to provide services related to mergers and acquisitions in wealth management. thinkadvisor.com) The latest in advisortech news from April including the SEC's scrutiny of tax-loss harvesting systems.

Wealth Management 246

Wealth Management Estate Planning Taxes Valuation 246

Abnormal Returns

NOVEMBER 22, 2023

humbledollar.com) You can do tax-loss selling alongside a broader portfolio review. marketwatch.com) Why it's easy to get tripped up by state estate taxes. wsj.com) Red flags banks use to close customer checking accounts. (ibj.com) Christine Benz talks safe withdrawal rates with Amy Arnott and John Rekenthaler.

Retirement 279

Retirement Taxes Planning Banking 279

Abnormal Returns

APRIL 21, 2023

(awealthofcommonsense.com) Bank CD rates are at 15-year highs. wsj.com) Finance Should Charles Schwab ($SCHW) kick its bank to the curb? wsj.com) Finance Should Charles Schwab ($SCHW) kick its bank to the curb? ft.com) Banks and direct lenders are increasingly in conflict. The question is for how long?

Financial Advising 245

Financial Advising Banking Media Economy 245

The Big Picture

APRIL 11, 2024

A handful of “Widows & Orphan” stocks, like Ma Bell, some railroads, utilities and the rare bank that was not suffering regular runs. And even still, fund fees and taxes remained a major cost element. Lower trading costs, a rampaging bull market, and tax-deferred investing led to millions of new entrants into markets.

Commission 351

Commission Taxes Management Electronics 351

Abnormal Returns

NOVEMBER 7, 2022

riabiz.com) Fifth Third Bank ($FITB) has launched an independent wealth advisory firm. advisorperspectives.com) Tax-loss harvesting requires proactive client communication. (investmentnews.com) The biz Charles Schwab ($SCHW) execs are trying to set expectations for the TDA switchover. thinkadvisor.com).

Compliance 279

Compliance Wealth Management Advertising Financial Advice 279

Nerd's Eye View

JANUARY 20, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that several states are considering a series of tax hikes targeting higher-income and ultra-high-net-worth residents after similar proposals failed to pass at the Federal level.

Financial Planner 246

Financial Planner Financial Advice Fee Only Financial Planning 246

Abnormal Returns

DECEMBER 14, 2022

hulry.com) Banks Americans are losing out on interest by not switching from the big banks. thisisthetop.substack.com) 2022 is ripe with tax loss harvesting opportunities. (radreads.co) Rest is doing something that will not move your goals forward. moretothat.com) Why you shouldn't optimize your downtime.

Investments 245

Investments Investing Retirement Planning Banking 245

Abnormal Returns

MAY 31, 2024

joincolossus.com) Finance Rick Ferri talks with Wes Gray, CEO of Alpha Architect, about ETFs and their unique tax characteristics. open.spotify.com) Stephen Clapham talks sustainability with Carine Smith Ihenacho is Chief Governance and Compliance Officer at Norges Bank, the Norwegian Sovereign Wealth Fund.

Compliance 263

Compliance Economy Government Banking 263

Abnormal Returns

APRIL 3, 2024

bestinterest.blog) Why you should turn off auto-renew for your bank CDs. wsj.com) How do estimated taxes work? (humbledollar.com) Spending more on stuff, like a car, is unlikely to bring you contentment. flowfp.com) How can your financial success benefit others? humbledollar.com)

Math 262

Math Financial Advisor Retirement Banking 262

Nerd's Eye View

APRIL 21, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that in a settlement with the SEC, robo-advisor platform Betterment agreed to pay a $9 million penalty for allegedly misstating the frequency that its automated tax-loss harvesting system was scanning some client accounts between (..)

Financial Planner 246

Financial Planner Advertising Taxes Clients 246

Abnormal Returns

OCTOBER 24, 2024

on.ft.com) Joe Weisenthal and Tracy Alloway talk with Huw van Steenis, vice-chair at Oliver Wyman, about the relationship between banks and private credit. bonddad.blogspot.com) Tax cuts and tariffs are a recipe for inflation. (blogs.cfainstitute.org) Now is a good time to be selling a private credit asset management firm.

Investments 288

Investments Investing Startup Financial Advising 288

Investing Caffeine

APRIL 3, 2023

Source: Trading Economics Unfortunately, this unparalleled spike in interest rates contributed to the 2nd and 3rd largest bank failures in American history, both occurring in March. Most notably, the Fed, FDIC, and Treasury jointly announced the guarantee of all deposits at SVB, shortly after the bank failure. Why did this happen?

Banking 105

Banking Economy Economics Government 105

Abnormal Returns

APRIL 11, 2023

cnbc.com) Finance The majority of commercial real estate loans aren't owned by banks. investmenttalk.substack.com) Will tighter bank credit push the economy into recession? nytimes.com) Real after-tax mortgage rates are at their highest level in years. semafor.com) Office building vacancy rates are at a new high.

Financial Advising 243

Financial Advising Startup Food Banking 243

Abnormal Returns

APRIL 24, 2023

(advisorperspectives.com) Finance Why the demise of Silicon Valley Bank shouldn't have been surprising. thereformedbroker.com) Income tax withholdings are in decline. ft.com) Don't discount Apple's ($AAPL) push into financial services. macworld.com) Twitter has stopped funding VCs it has committed to.

Marketing 264

Marketing Marketing Financial Advising Startup 264

The Big Picture

MARCH 21, 2023

Start the new season with our Two-for-Tuesday morning train reads: • Are Banks OK? TRB ) • Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems : The bank was using an incorrect model as it assessed its own risks amid rising interest rates, and spent much of 2022 under a supervisory review. (

Banking 289

Banking Investments Investing Management 289

The Big Picture

OCTOBER 20, 2023

“I need the US Dollar to be a store of value between the time I make it until I spend it, invest it, pay my taxes with it, or give it away. To be more precise, I want to discuss the type of chart that reflects a fundamental misunderstanding of the nature of money, currency, spending, investing, and taxes. and paying taxes.

Investments 340

Investments Investing Math Medicine 340

Abnormal Returns

AUGUST 23, 2023

(wealthfoundme.com) More families are at risk from estate taxes looking out into 2025 and beyond. humbledollar.com) Why QCDs can be so valuable, tax-wise. humbledollar.com) Why banks offer flashy CD 'specials.' wsj.com) It's understandable why people put off estate planning. humbledollar.com) Don't believe the myths about aging.

Estate Planning 246

Estate Planning Retirement Communication Taxes 246

Nerd's Eye View

MAY 12, 2023

Also in industry news this week: Why industry groups representing investment advisers and others have blasted an SEC proposal that would significantly expand its Custody Rule A new study suggests that organic client growth and profit margins are the key factors driving RIA valuations, with the firm’s affiliation model having little to no impact (..)

Financial Planner 246

Financial Planner Clients Tax Planning Food 246

Carson Wealth

OCTOBER 24, 2024

Taxes One of the biggest financial considerations for Americans retiring abroad is understanding how taxes will work. is one of the few countries that taxes its citizens on worldwide income, regardless of where they reside. tax return every year. To avoid double taxation — paying taxes both in the U.S.

Retirement 143

Retirement Healthcare Taxes Medical 143

Abnormal Returns

FEBRUARY 22, 2023

wsj.com) Taxes Taxes may be inevitable, but they are uncertain. On the benefits of tax diversification. financialducksinarow.com) Across the board, ETFs have been more tax efficient than open-end mutual funds. tonyisola.com) Beware: real banks are not currently offering 7% APYs.

Financial Planner 189

Financial Planner Taxes Retirement Banking 189

Nerd's Eye View

DECEMBER 25, 2023

We start with several articles on retirement planning: Data showing where American retirees currently stand, from their average net worth to how they spend each hour of the day How, according to a recent study, delaying Social Security benefits typically leads to greater lifetime wealth than claiming benefits early in order to reduce portfolio withdrawals (..)

Financial Advisor 246

Financial Advisor Insurance Financial Planner Clients 246

Carson Wealth

JANUARY 25, 2023

Mike Valenti, CPA, CFP ® , Director of Tax Planning Tom Fridrich, JD, CLU, ChFC ® , Senior Wealth Planner It’s January, so it’s officially tax season! One of the most common client questions heard by tax preparers is, “So, what do you need from me?” This can result in additional tax owed, plus penalties and interest.

Taxes 98

Taxes Medical Distribution Accounting 98

Nerd's Eye View

OCTOBER 4, 2023

Furthermore, inflation, though down from its peak in early 2022, remains above the Federal Reserve's long-term target of 2% despite the bank's attempts to tamp it down. What's driving many of the economic conditions today are higher interest rates resulting from the Fed's efforts to fight inflation. And even though U.S.

Valuation 246

Valuation Economics Economy Marketing 246

Walkner Condon Financial Advisors

MARCH 16, 2023

Over the weekend, we learned that Silicon Valley Bank and two other banks failed and were taken over by the Federal Deposit Insurance Corporation (FDIC). These are the first bank failures since 2020 and three of the 563 that have taken place since 2001 ( [link] ). This insurance covers most individual depositors.

Banking 98

Banking Insurance Assets Startup 98

Abnormal Returns

JULY 23, 2023

luxcapital.com) Big banks are reliant on the business of multi-strategy hedge funds. npr.org) Social Security Raise Social Security taxes now before it becomes too painful. (disciplinefunds.com) An excerpt from William Bernstein's new book "The Four Pillars of Investing." wired.com) Why Egyptian men are fleeing to Europe.

Financial Advising 246

Financial Advising Insurance Economy Retail 246