Abnormal Returns

MARCH 20, 2024

theconversation.com) Taxes Earned income? flowfp.com) Billionaires pay their taxes differently. financialducksinarow.com) How homebuying is going to change with a new commission regime. (thecollegefinanciallady.com) Giving How giving with a 'warm hand' is a lifestyle choice. Your child can open a Roth IRA. thewaiterspad.com)

Asset Allocation 278

Asset Allocation Retirement Commission Taxes 278

Harness Wealth

JANUARY 29, 2025

Tax-loss harvesting is a powerful strategy that investors can use to reduce their taxable income. As effective as tax-loss harvesting can be, there are a number of important details that investors need to be aware of in order to implement the strategy successfully while following regulations. How does tax-loss harvesting work?

Taxes 52

Taxes Assets Sales Portfolio 52

Abnormal Returns

MARCH 17, 2024

axios.com) Everybody wants simpler taxes, but it never happens. newsletter.abnormalreturns.com) Mixed media On the end of the 6% real estate commission. (axios.com) Private equity return dispersion is a problem. mrzepczynski.blogspot.com) How search funds work. nytimes.com) Policy How much the U.S. relies foreign born STEM talent.

Financial Advising 288

Financial Advising Commission Valuation Consulting 288

Harness Wealth

NOVEMBER 12, 2024

As the year comes to a close, now is the time to review potential financial moves to help minimize your tax burden heading into 2025. Proactive year-end tax planning can lead to significant savings and set you up for financial success in the new year. Find your next tax advisor at Harness today. Starting at $2,500.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Nerd's Eye View

AUGUST 23, 2024

Also in industry news this week: A Federal judge struck down the Federal Trade Commission's ban on non-compete agreements before it could go into effect, though potential appeals mean the battle over the regulation might not be over A U.S.

Financial Planner 245

Financial Planner Retirement Estate Planning Clients 245

Nerd's Eye View

OCTOBER 25, 2023

In 2019, the SEC released a Commission Interpretation that separated the obligation of RIAs to act in their clients' best interests into separate duties of care (to provide investment advice in the best interest of the client) and loyalty (to eliminate or disclose all potential conflicts of interest with the client).

Fiduciary Duty 246

Fiduciary Duty Commission Clients Accounting 246

The Big Picture

NOVEMBER 25, 2022

Instead of trying to winnow winners from losers, you’re better off saving on brokerage commissions and headaches by spreading your investment dollars across the entire market. ( That will cause a drop in property taxes and strain city budgets. New York Times ). • Businessweek ). New York Times ). • New York Times ).

Commission 313

Commission Budgeting Economics Retail 313

MainStreet Financial Planning

JANUARY 17, 2025

Tax Return Deadlines and Info: In response to the recent wildfires, CDTFA has extended the January 31 sales and use tax filing deadline for Los Angeles County taxpayers until April 30, 2025. See the State of Emergency Tax Relief page for more information and a list of all tax programs covered by this relief.

Medical 98

Medical Insurance Taxes Financial Planning 98

Zoe Financial

JANUARY 28, 2025

3 It's Expensive Frequent trading and trying to time the market will rack up brokerage commission costs, particularly for smaller investors. Zoe Financial is not an accounting firm – clients and prospective clients should consult with their tax professional regarding their specific tax situation.

Marketing 98

Marketing Marketing Financial Advisor Investments 98

Nerd's Eye View

SEPTEMBER 13, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the SEC this week fined 4 RIAs for violations of its marketing rule related to their claims that they offered 'conflict-free' financial advice.

Financial Planner 246

Financial Planner Compliance Fee Only Communication 246

Truemind Capital

JANUARY 24, 2025

Too many products: If your portfolio has more than 20 products in varied proportions, then there is a high likelihood that your advisor is selling you new and new products that pay higher commissions than the existing ones. Usually, equity products offer higher commissions than debt which offer higher commissions than Gold.

Commission 59

Commission Wealth Management Portfolio Fee Only 59

Nerd's Eye View

JULY 12, 2024

Also in industry news this week: 2 House committees this week advanced legislation that would halt implementation of the Department of Labor's new Retirement Security Rule, which, combined with ongoing lawsuits, threaten to derail the regulation either before or soon after it becomes effective in late September A Federal judge has put the future of (..)

Financial Planner 189

Financial Planner Tax Planning Clients Accounting 189

The Big Picture

DECEMBER 12, 2022

They are why you sometimes owe capital gains taxes on mutual funds you have not yet sold. If they did what was in the best interest of clients, they would forgo too much in commission dollars. They are why multiples expand and contract; why stocks with similar-sounding names are sometimes mistaken for one another.

Accounting 299

Accounting Commission Investing Investments 299

Abnormal Returns

DECEMBER 12, 2022

investmentnews.com) Tax planning Why financial advisers need to be careful when offering tax advice. kitces.com) Tax planning is an ongoing process. techcrunch.com) The latest financial advisor technology news including the spread of commission-free annuities. And I don’t think there’s anything wrong with that."

Tax Planning 130

Tax Planning Financial Advising Advertising Startup 130

The Big Picture

OCTOBER 8, 2023

Some creators on TikTok Shop are earning commissions by suggesting otherwise. ( Some creators on TikTok Shop are earning commissions by suggesting otherwise. ( Regulators are starting to crack down on the practice. ( New York Times ) • How TikTok profits off dangerous health trends : Castor oil won’t dissolve cysts and tumors.

Government 276

Government Commission Banking Taxes 276

Tobias Financial

MARCH 16, 2025

SEC registration does not constitute an endorsement of the firm by the Commission, nor does it indicate that the advisor has attained a particular level of skill or ability. The firm only transacts business in states where it is properly registered or is excluded or exempted from registration requirements.

Investing 52

Investing Investments Risk Tolerance Asset Allocation 52

The Chicago Financial Planner

JANUARY 17, 2022

I’ll let the Securities and Exchange Commission (SEC) explain this in a quote from their website : “An annuity is a contract between you and an insurance company that is designed to meet retirement and other long-range goals, under which you make a lump-sum payment or series of payments. After all, what’s not to like about guaranteed income?

Retirement 185

Retirement Insurance Financial Planner Retirement Planning 185

Darrow Wealth Management

NOVEMBER 4, 2024

Advisors that receive commissions from selling mutual funds, insurance, annuities, or other products are incentivized to push products, leaving less time for advice. If you’re working with a CPA for your taxes or have an estate planning attorney, consider asking them for a recommendation also.

Financial Advisor 61

Financial Advisor Certified Financial Planner Fiduciary Duty Fee Only 61

The Big Picture

MAY 26, 2024

Why Tax Avoidance Works Source: @gabriel_zucman Sign up for our reads-only mailing list here. ~~~ To learn how these reads are assembled each day, please see this. The post 10 Sunday Reads appeared first on The Big Picture.

Commission 162

Commission Management Government Retirement 162

MainStreet Financial Planning

MARCH 7, 2025

Unlike AUM-based advisors, they do not earn commissions or take a percentage of your investments. Comprehensive Financial Planning is Included Many AUM advisors charge extra for estate planning, tax strategies, and retirement planning. Instead, they provide objective, conflict-free financial advice at a predictable cost.

Fee Only 52

Fee Only Financial Planner Financial Planning Financial Advisor 52

Walkner Condon Financial Advisors

MARCH 16, 2023

As we are now within 30 days of the April 18 tax filing deadline (April 15 falls on a weekend and April 17 is a federal holiday), it is important to begin organizing your documents and creating a plan to file your taxes, if you have not done so already. Filing Late One of the most common mistakes is filing your tax return late.

Taxes 52

Taxes Accounting Education Assets 52

Truemind Capital

JUNE 21, 2024

All investments were in commission-based regular plans generating a commission of at least INR 50 LAKHS ANNUALLY for the wealth management company & client had NO idea of the hefty commissions going out every year. Usually, a new product offers a higher commission to distributors. 20 depending upon certain cases).

Wealth Management 69

Wealth Management Management Portfolio Commission 69

Carson Wealth

MAY 30, 2023

By Mike Valenti, CPA, CFP ® , Director, Tax Planning Corporate executives often receive the brunt of the U.S. tax system. Typically, most or all of their income is W-2 income and subject to the higher ordinary tax rates as well as FICA taxes. However, stock compensation, large bonuses, commissions, etc.,

Executive Compensation 52

Executive Compensation Tax Planning Taxes Planning 52

Harness Wealth

MARCH 17, 2023

If you’d like to learn more about DeFi taxes as it relates to your personal situation, contact a Harness Tax Advisor today. Overview of DeFi Use-Cases and Their Tax Implications Before diving into specific tax implications, it is essential to understand the various DeFi use cases and their potential tax consequences.

Taxes 59

Taxes Government Assets Accounting 59

Harness Wealth

AUGUST 31, 2023

In this guide, we explore the strategic and financial considerations of building a team for your tax firm, from understanding the hiring process to outlining the unique solutions that Harness Wealth can provide. Deciding Between an Accountant and a Tax Assistant The first hire you might consider adding to your team is another accountant.

Taxes 59

Taxes Recruitment Accounting Budgeting 59

Harness Wealth

SEPTEMBER 18, 2023

As the tax industry continues to evolve , the prospect of becoming a solo CPA, or establishing a small tax firm, can be increasingly appealing. In addition, large tax firms have a hierarchical structure that leads to incredible competition, especially as you work towards the partner tier.

Taxes 59

Taxes Accounting Clients Management 59

James Hendries

JANUARY 29, 2023

But another common type of identity theft involves the use of someone’s Social Security number to unlawfully intercept their income tax refund. Unfortunately, this fraud often isn’t discovered until the victim tries to file their taxes. Below we discuss some common signs of tax identity theft and how to protect yourself.

Taxes 52

Taxes Numbers Electronics Accounting 52

Truemind Capital

FEBRUARY 2, 2021

This reminded him of the last time when he didn’t submit any investment proof, a significant portion of his salary was deducted in lieu of taxes. He asked his colleagues what they are doing for saving taxes. This happens due to a lack of knowledge regarding different investment options and the absence of tax planning.

Taxes 52

Taxes Planning Insurance Coverage Insurance 52

Harness Wealth

MARCH 31, 2023

The Igloo Company Pudgy Penguin #7625 – source: sothebys.com As non-fungible tokens (NFTs) have gained mainstream popularity, it’s essential to understand the tax implications associated with these crypto assets. Table of contents Introduction to NFTs How are NFTs taxed Taxes when buying NFTs Can NFTs be taxed as collectibles?

Taxes 52

Taxes Assets Sales Retirement 52

Trade Brains

JUNE 24, 2023

Further, if you plan to invest in direct funds through these apps, they can also help you to save an extra commission of 1% to 1.5% The direct plans are cheaper than the regular plans because you will be saving costs in terms of paying commissions to intermediaries. which is a huge advantage. What are Direct Mutual Funds?

Commission 98

Commission Investing Investments Planning 98

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

Harness Wealth

APRIL 17, 2023

The Alternative Minimum Tax (AMT) is an aspect of the US tax code designed to ensure that individuals pay a minimum amount of tax. AMT was introduced in 1969 in response to high-income Americans taking advantage of loopholes in the tax code to bring their taxable income to zero. How is AMT Calculated?

Taxes 52

Taxes Tax Planning Planning Investing 52

Good Financial Cents

DECEMBER 29, 2022

Where to Get Started: Many online brokers offer real-time fractional share investing without charging commissions. Commission-free investing Allows fractional shares in stocks, ETFs Small minimum investment: $100. #4: A Roth IRA is a type of investment account that lets you invest after-tax dollars for retirement.

Investing 119

Investing Investments Accounting Commission 119

Harness Wealth

JANUARY 24, 2023

However, it is important to keep in mind that different states and territories have varying tax laws and some may be more favorable than others. So before you set off on your big move, consider the specific tax implications of doing so. Who knows, you might even find a more tax-friendly destination along the way.

Startup 52

Startup Tax Planning Taxes Planning 52

Harness Wealth

APRIL 28, 2023

If you earn income from various sources throughout the year, such as equity windfalls, venture capital fund distributions, crypto investments, and sales, or small business income, you will need to pay estimated quarterly taxes. Table of Contents What Are Estimated Quarterly Taxes?

Taxes 52

Taxes Distribution Startup Assets 52

Nationwide Financial

OCTOBER 18, 2022

It’s important to remind your clients that beyond just paying for education, there are significant tax benefits to using 529 plans. These savings plans grow tax-deferred, and withdrawals are tax free when used for qualified educational expenses. How are Withdrawals from 529 Plans taxed? Tax Benefits of 529s.

Clients 98

Clients Planning Education Taxes 98

Good Financial Cents

OCTOBER 17, 2022

Robinhood attracted these young stock market investors with an easy-to-use mobile app and commission-free trades. Gone were the restrictions of many investing platforms with account minimums and hefty trading commissions. Instead, Public has a tipping option in the app, an optional commission structure. Robinhood Troubles.

Commission 90

Commission Accounting Investments Investing 90