Darrow Wealth Management

MARCH 13, 2025

Charitable Contributions: Donating appreciated stock to charity while reducing capital gains tax. But if you’re looking to reduce capital gains tax, this strategy won’t help. This strategy is riddled with potential tax consequences as well as tax and estate planning opportunities.

Management 66

Management Taxes Estate Planning Asset Allocation 66

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

Zoe Financial

FEBRUARY 24, 2025

Sector Performance : Energy, healthcare, and communication services are outperforming; technology and consumer discretionary sectors are underperforming. Zoe Financial is not an accounting firm- clients and prospective clients should consult with their tax professional regarding their specific tax situation.

Marketing 52

Marketing Marketing Healthcare Taxes 52

Cornerstone Financial Advisory

MARCH 14, 2025

Fairness: Promote unity by communicating the plan to heirs. Seek Wise Counsel: Consult knowledgeable advisors who understand both estate planning and Christian values. Advance Healthcare Directive: Communicate healthcare preferences and designate a proxy who respects your faith-based decisions.

Estate Planning 52

Estate Planning Planning Healthcare Ethics 52

Indigo Marketing Agency

MARCH 19, 2025

Action Steps: Use simple, direct language that immediately communicates the value of your services. Example: Instead of writing something like: With our advanced wealth management strategies, we help high-net-worth individuals maximize tax-efficient investments while securing generational wealth. Book a free call today.

Financial Advisor 52

Financial Advisor Advertising Marketing Marketing 52

Harness Wealth

FEBRUARY 19, 2025

Many shell companies are often used to shield illicit activities such as money laundering, tax evasion, and terrorist financing. and have reported more than $5 million in gross receipts or sales on their previous year’s tax return. Get started Harness makes it easy to find tax and financial advisors best suited to your needs.

Taxes 52

Taxes Financial Advisor Consulting Certification 52

Darrow Wealth Management

MAY 6, 2024

Consult your attorney to find out. Consult the attorney for guidance as needed. A real estate tax lien can delay closing. File and pay taxes You may need to file an individual tax return for your parent which follows regular deadlines. Depending on your state, there may be state estate and/or inheritance tax due.

Estate Planning 100

Estate Planning Distribution Accounting Valuation 100

Harness Wealth

SEPTEMBER 23, 2024

Key Takeaways: CRM system centralizes all client and prospect information, helping tax firms manage client interactions and replacing manual systems like spreadsheets. Table of Contents: The Basics: What is a CRM?

Taxes 52

Taxes Clients Management Communication 52

Harness Wealth

OCTOBER 2, 2024

To attract new clients and foster long-term relationships, tax advisors could consider adopting digital marketing strategies. It’s also an important touchpoint to introduce your tax practice’s staff to potential clients, giving you to potential build a personal relationship from the start.

Taxes 52

Taxes Tax Planning Marketing Marketing 52

Indigo Marketing Agency

FEBRUARY 8, 2025

Offer a Free Consultation A free consultation is your chance to build trust through a one-on-one connection. Use the consultation to ask thoughtful questions, provide insights, and outline potential solutions. Offering a free consultation is a highly effective way to convert leads into clients.

Financial Planner 52

Financial Planner Clients Marketing Marketing 52

Darrow Wealth Management

NOVEMBER 14, 2024

Tax implications of exercising and selling stock options If you have stock options as a large part of your income, taxes are especially important. How stock options are taxed depends on the type of options you have and your sale and exercise strategy. However, that doesn’t mean you won’t need to pay taxes!

Taxes 52

Taxes Sales Wealth Management Planning 52

Harness Wealth

SEPTEMBER 23, 2024

Key Takeaways: Too many tax practices are bogged down in commoditized administrative tasks and compliance work, making it challenging to cross-sell services to expand client relationships. Take an inventory of how your practice spends time Reflect on how your own tax practice spends the bulk of its time.

Taxes 52

Taxes Clients Compliance Tax Planning 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 52

Taxes Tax Planning Startup Valuation 52

Cornerstone Financial Advisory

FEBRUARY 5, 2024

” – Jim Rohn Vacation Home Rentals If you receive money for the use of your primary residence, you may have to report this rental income on your tax return; this means that the “vacation home rental” classification can apply to your home, even if you don’t own multiple short-term rental properties. a Registered Investment Advisor.

Marketing 104

Marketing Marketing Taxes Economics 104

Cornerstone Financial Advisory

FEBRUARY 26, 2024

WDAY), Zoom Video Communications, Inc. (ZM) ” – August Wilson Be On Alert For IRS Scams This tax season, the IRS expects an uptick in tax-related scams. Demand that you immediately pay your taxes over the phone. This information is not intended to be a substitute for specific, individualized tax advice.

Marketing 105

Marketing Marketing Economics Taxes 105

Cornerstone Financial Advisory

OCTOBER 23, 2023

This Week: Companies Reporting Earnings Tuesday: Microsoft Corporation (MSFT), General Electric Company (GE), Verizon Communications, Inc. (VZ), Lastly, it’s important to remember to pay the correct taxes on this income throughout the year to manage owing additional taxes when you file. VZ), Alphabet, Inc.

Marketing 105

Marketing Marketing Taxes Economics 105

Harness Wealth

MARCH 5, 2024

Tax advisors, and other tax professionals , offer services from preparing and filing annual tax returns to comprehensive tax strategies that help minimize taxes and preserve wealth over time. In this guide, we’ll explore the average fees of tax advisors in the US for 2024.

Taxes 52

Taxes Tax Planning Education Ethics 52

eMoney Advisor

JANUARY 12, 2023

The organization arranges one-on-one phone consultations on behalf of the pro bono financial planner, matching the volunteer with the person in need based on specialty. Volunteer Income Tax Assistance (VITA) or Tax Counseling for the Elderly (TCE). Website: irs.gov/individuals/irs-tax-volunteers.

Financial Planning 107

Financial Planning Planning Financial Planner CFP 107

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

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

Cornerstone Financial Advisory

SEPTEMBER 25, 2023

” – Larry King Think About Credits And Deductions Now To Prepare For Filing Here are a few facts about credits and deductions that can help you with year-round tax preparation: Taxable income remains after someone subtracts any eligible deductions from their adjusted gross income, including the standard deduction.

Marketing 111

Marketing Marketing Taxes Economics 111

Cornerstone Financial Advisory

MARCH 18, 2024

You must include all capital gains in your income, and you may be subject to the Net Investment Income Tax if your income is above certain amounts. Consult a qualified tax expert for help. If your total net capital loss is more than the limit you can deduct, you can carry it over to next year’s tax return.

Marketing 105

Marketing Marketing Taxes Economics 105

Harness Wealth

OCTOBER 16, 2024

We recently connected with Michael Paley, Chief Operating Officer of Klingman & Associates , for a Q&A on how tax advisors can collaborate with wealth managers to better serve clients. Q: How can tax advisors align with the work of wealth advisors? Unlike an endowment, taxes really matter.

Wealth Management 52

Wealth Management Taxes Clients Management 52

Cornerstone Financial Advisory

OCTOBER 9, 2023

The Internal Revenue Service (IRS) has a handy tool called the Tax Withholding Estimator, which can help you manage having too much or too little tax withheld from your wages. This information is not intended to substitute for specific individualized tax advice. These factors may result in greater share price volatility.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

OCTOBER 2, 2023

” –John Steinbeck Who Can Deduct Car Expenses On Their Tax Returns? Can you deduct expenses such as gas, depreciation, and lease payments on your tax returns? This information is not intended to substitute for specific individualized tax advice. Please consult your financial professional for additional information.

Marketing 111

Marketing Marketing Taxes Economics 111

Cornerstone Financial Advisory

JANUARY 16, 2024

Married filing jointly: Taxpayers who are married can file a joint tax return with their spouse. Married filing separately: Married couples can choose to file separate tax returns when doing so results in a smaller tax burden than filing a joint tax return. Other conditions also apply. a Registered Investment Advisor.

Marketing 111

Marketing Marketing Taxes Economics 111

Cornerstone Financial Advisory

DECEMBER 26, 2023

” – Langston Hughes Tax Tips For Those In The Military The Internal Revenue Service has certain special tax breaks and programs for members of the U.S. Having it may boost your earned income tax credit, meaning you may owe less tax and could get a larger refund. Armed Forces. a Registered Investment Advisor.

Taxes 105

Taxes Investment Advisor Sales Investing 105

Cornerstone Financial Advisory

FEBRUARY 19, 2024

Here’s How It May Affect Your Taxes Taxpayers who work in the gig economy may benefit from a better understanding of how their work affects their taxes. Taxpayers who work in the gig economy may benefit from a better understanding of how their work affects their taxes. These factors may result in greater share price volatility.

Marketing 105

Marketing Marketing Taxes Economics 105

Steve Feinberg

OCTOBER 14, 2022

One of the main construction bookkeeping differences from other industries is the use of record keeping for “job costing,” wherein managers consult previous prices on materials, labor, insurance, repairs, and other fees to create an informed estimate of how much a job of a similar size will cost to complete. Administrative Errors.

Management 89

Management Budgeting Communication Accounting 89

Darrow Wealth Management

MAY 17, 2024

Consider paying the school directly and consulting your tax advisor to discuss gift tax issues. When parents communicate how much they plan to contribute early on, high school students can get a jump on saving. Communication is key As with anything in life, communication is key. Here are a few. Parent loan.

Education 93

Education Communication Wealth Management CFP 93

Cornerstone Financial Advisory

MARCH 11, 2024

State and local income tax refunds may be taxable and should be reported on your federal taxes. If a policy is surrendered prematurely, the policyholder may also pay surrender charges and have income tax implications. Please consult your financial professional for additional information. a Registered Investment Advisor.

Marketing 103

Marketing Marketing Insurance Taxes 103

Cornerstone Financial Advisory

JULY 10, 2023

” – Maya Angelou IRS Program Helps Seniors Prepare Taxes The Internal Revenue Service (IRS) has a tool called Free File, which offers online tax preparation, direct deposit of refunds, and electronic filing choices. Free File has a majority of the most common forms needed when filing your taxes.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

OCTOBER 31, 2022

Did you know that the IRS has an app that makes it easy to check some things off your tax to-do list? Free File is a tax prep software for taxpayers whose 2021 total adjusted gross income was $73,000 or less. Find payment options, including IRS Direct Pay which allows you to pay tax bills directly from your bank account.

Marketing 105

Marketing Marketing Economics Taxes 105

Cornerstone Financial Advisory

JANUARY 2, 2024

” – Bertrand Russell Need Last Year’s Tax Returns? Help is available for taxpayers who need tax information for prior years but still need to keep copies of their returns. This is often the easiest way to get a copy of your tax returns. Order a tax transcript. “To conquer fear is the beginning of wisdom.”

Taxes 104

Taxes Numbers Investment Advisor Investing 104

Steve Feinberg

OCTOBER 14, 2022

One of the main construction bookkeeping differences from other industries is the use of record keeping for “job costing,” wherein managers consult previous prices on materials, labor, insurance, repairs, and other fees to create an informed estimate of how much a job of a similar size will cost to complete. Administrative Errors.

Management 87

Management Budgeting Communication Accounting 87

Cornerstone Financial Advisory

NOVEMBER 6, 2023

There’s no better time to check your withholding status and make sure your paycheck accurately reflects the taxes you should be paying. These expenses can also impact your tax liability. This information is not intended to substitute for specific individualized tax advice. a Registered Investment Advisor.

Marketing 105

Marketing Marketing Taxes Economics 105

Darrow Wealth Management

NOVEMBER 20, 2023

Considering Roth conversions in retirement When you convert pre-tax money from an IRA to an after-tax Roth IRA, the amount converted is included in your taxable income. But in retirement, without a paycheck, it can be a great opportunity to control your tax situation for the year and fill up the lower tax brackets.

Retirement 95

Retirement Distribution Taxes Accounting 95