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.

Executive Compensation 52

Executive Compensation Tax Planning Taxes Planning 52

Carson Wealth

JANUARY 28, 2025

When you have the resources to make an impact, this type of planning helps you pinpoint what you want to accomplish for your family, community, and society. Steps to Setting Up a Philanthropy Fund Taking the proper steps in the beginning can give your charitable giving plan a solid foundation.

Risk Management 52

Risk Management Management Nonprofit Compliance 52

Million Dollar Round Table (MDRT)

JULY 10, 2022

By Mike Beirne, MDRT Round the Table editor Try these ideas from the 2022 MDRT Annual Meeting speakers about referrals, communications and marketing. Both sessions aim to educate about the value and benefits of financial and tax planning, but no selling occurs. 1) Give the referral process a push.

Tax Planning 95

Tax Planning Clients Communication Education 95

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 92

Taxes Tax Planning Startup Valuation 92

Zoe Financial

MAY 16, 2023

Note: Before investing in a 529 plan, please consider the investment objectives, risks, charges, and expenses carefully. Also be aware that most states offer their own 529 plans, which may provide advantages and benefits exclusively for their residents and taxpayers. Source: Broadridge Investor Communication Solutions, Inc.

Tax Planning 40

Tax Planning Taxes Planning Education 40

Harness Wealth

FEBRUARY 19, 2025

Beneficial Ownership Information (BOI) reporting is part of the Corporate Transparency Act (CTA) and requires millions of business entities to report beneficial ownership information, including data about the individuals who ultimately control a company. Table of Contents What is a BOI Report?

Taxes 52

Taxes Financial Advisor Consulting Certification 52

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

Darrow Wealth Management

JULY 1, 2024

This tax benefit is scheduled to sunset at the end of 2026. Tax planning for 2026 Depending on your situation, income, and goals, your planning options will vary. As with anything in tax planning, it’s important not to let the tax-tail wag the dog.

Taxes 101

Taxes Tax Planning Planning Estate Planning 101

FMG

OCTOBER 6, 2022

SmartOffice — SmartOffice , the customer relationship managemen t s olution from Ebix, is a financial planning CRM that helps financial advisors tackle critical tasks like analysis, communication, and client services. . CRM systems make it easier to juggle tasks, opportunities, and communications.

Financial Advisor 83

Financial Advisor Clients Communication Financial Planning 83

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

Harness Wealth

OCTOBER 5, 2023

From quarterly estimated tax planning to equity compensation and crypto tax planning, diversifying your service offerings can not only set you apart from the competition, it can also help you significantly grow your revenue and retain clients.

Taxes 59

Taxes Tax Planning Accounting Clients 59

Darrow Wealth Management

MARCH 29, 2024

Here’s a summary of how exercising ISOs can trigger the alternative minimum tax – with examples. Article is for informational purposes only and should not be misinterpreted as personalized advice of any kind or a recommendation for any specific financial or tax strategy.

Taxes 96

Taxes Tax Planning Planning Wealth Management 96

Midstream Marketing

DECEMBER 6, 2024

This information can help you improve your campaigns and boost your ROI. Running focused social media campaigns that highlight their services and share their skills in areas like tax planning or retirement planning. They like communication that is tailored just for them. Doing so can harm your business.

Marketing 52

Marketing Marketing Media Engineering 52

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 59

Taxes Tax Planning Planning Financial Advisor 59

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. The information contained herein is taken from sources believed to be reliable, however accuracy or completeness cannot be guaranteed.

Planning 52

Planning Estate Planning Taxes Assets 52

Sara Grillo

JUNE 7, 2024

Several of the wealth managers had specialists in-house such as: Chief Philanthropic Advisor, Head of Tax Planning, Family Legal Counselor, Trust Officer If you can’t hire these specialists, work out an arrangement with a close third-party with this expertise. Wear a suit and present yourself conservatively.

Financial Advisor 52

Financial Advisor Clients Executive Compensation Compliance 52

eMoney Advisor

MARCH 16, 2023

They’ve been able to access any information, any time. They want a trusted professional who can help decipher that information, filter out the bad data, and use what’s left to make the best decisions. Then we do the financial plan and tax planning around that—it’s been a lot of fun.

Financial Planning 88

Financial Planning Planning Clients Retirement 88

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

International College of Financial Planning

OCTOBER 5, 2021

Investments, tax planning, retirement planning is a dynamic field. Not all clients are great communicators and you must put your curiosity to good use and understand their goals. Communication Skills. While some are natural communicators it is one skill you can pick up by putting in the hard work.

Financial Advisor 52

Financial Advisor Communication Clients Retirement Planning 52

Harness Wealth

SEPTEMBER 23, 2024

The Challenge: Tax Firms and CPAs Struggle to Expand Client Relationships Today, there is a significant opportunity for tax practices and CPAs to expand and deepen their tax-client relationships by offering more valuable, long-term services, including comprehensive tax planning.

Taxes 52

Taxes Clients Compliance Tax Planning 52

Darrow Wealth Management

NOVEMBER 20, 2023

If your assets are mostly pre-tax, a Roth conversion can add tax diversification while preserving tax-deferred growth and potentially tax-free withdrawals. But there are other ways to go about tax planning.

Retirement 95

Retirement Distribution Taxes Accounting 95

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

Indigo Marketing Agency

MARCH 24, 2023

Expertise in Tax Planning & Compliance: A CPA can help you identify tax-saving opportunities and help keep your clients in compliance with tax laws, reducing the risk of costly penalties and fees. This can allow you both to work together to come up with solutions before tax season.

Financial Advisor 52

Financial Advisor Tax Planning Taxes Clients 52

Midstream Marketing

NOVEMBER 6, 2024

Understanding the Role of Content Marketing in Finance Content marketing for financial advisors is all about providing useful information through various content types to your target audience. People who could be your clients will trust advisors who share good information often and know a lot about finance.

Financial Advisor 52

Financial Advisor Marketing Marketing Media 52

Harness Wealth

NOVEMBER 27, 2023

The Role of Technology in CAS Benefits and Drawbacks of CAS How Harness Wealth Fits into CAS Key Takeaways Client Accounting Services (CAS) provide enhanced budgeting, forecasting, and financial insights to help facilitate informed decision-making.

Accounting 59

Accounting Clients Compliance Taxes 59

Fortune Financial

SEPTEMBER 25, 2023

Certified Public Accountant (CPA) CPAs specialize in tax planning and accounting. While they may not be exclusively wealth managers, their expertise in tax matters can be invaluable in managing your taxes efficiently. Tax Planning Effective tax planning can significantly impact your overall financial well-being.

Wealth Management 59

Wealth Management Management Risk Tolerance Retirement Planning 59

FMG

FEBRUARY 22, 2023

They’re also a way to bring people to your website and see what information you have to offer. For example, FMG and Holistiplan held a webinar about how tax offering tax planning is a big growth opportunity for financial advisors. Our guide to creating memorable client events can help you get started.

Marketing 52

Marketing Marketing Financial Advisor Media 52

Harness Wealth

JUNE 5, 2024

Preferably someone holding stock options (ISOs or NSOs) with limited understanding of the tax implications of their holdings,” Kelley explains. Onboarding tax clients with ease “Client onboarding is pretty quick with Harness. His team consists of Gabe, from the Harness Concierge team , and Francis, a senior tax associate at Harness.

Taxes 64

Taxes Clients Planning Tax Planning 64

Darrow Wealth Management

NOVEMBER 5, 2024

Unfortunately, the Commonwealth also passed a ‘millionaire tax’, which adds a 4% surtax to taxable income over $1M , even for one-time sudden wealth events. To expand the tax benefits past the 10x/$10M limits, consider planning strategies such as gifting stock to family members.

Taxes 62

Taxes Wealth Management Tax Planning Assets 62

Indigo Marketing Agency

JULY 1, 2024

Understanding Financial Planning Marketing Financial planning marketing encompasses various strategies to attract clients to financial advisory services. This means identifying your target audience, crafting attention-grabbing messages, and using effective communication methods.

Financial Planning 52

Financial Planning Planning Marketing Marketing 52

Ballast Advisors

SEPTEMBER 5, 2024

Some clients opt for more aggressive gifting strategies, especially with the sunset of estate tax exemptions looming, which allows them to utilize their lifetime gift exemptions effectively. Inheritance Tax Planning Inheritance taxes, including estate and gift taxes, are pivotal in estate planning discussions.

Estate Planning 40

Estate Planning Taxes Planning Tax Planning 40

Workable Wealth

OCTOBER 14, 2020

Financial planning can give you the tools, resources, and confidence to conduct your financial life on solid footing. This information not only illustrates where you are, it also provides intentional moves to get where you want to be. . Overpaying on taxes. Tax Planning. Communicate Your Accomplishments.

Financial Planning 52

Financial Planning Planning Insurance Coverage Tax Planning 52

Brown Advisory

JUNE 2, 2016

For various reasons, making lifetime gifts may be more efficient from an estate and gift tax standpoint than transferring assets through a last will and testament. When clients have sufficient assets to warrant estate tax planning, we often recommend transferring a considerable amount of their estate to trusts that benefit family members.

Taxes 52

Taxes Assets Clients Tax Planning 52

Diamond Consultants

MAY 24, 2022

For others, it’s a “pull” or desire to do more for clients by becoming a true fiduciary—and enhancing service, support, technology, and communications in the process. Better communication. Today clients are looking for a “financial quarterback” that can advise on all aspects of their wealth. A clear win-win!

Clients 52

Clients Compliance Communication Investments 52

Harness Wealth

OCTOBER 16, 2024

Unlike an endowment, taxes really matter. It’s a shift of mindset from the earlier days, when they were building their wealth, and we were more focused on income tax planning. What we often see is people are too late to think about estate taxes. And so the key to any good relationship is communication.

Wealth Management 52

Wealth Management Taxes Clients Management 52

Fortune Financial

SEPTEMBER 25, 2023

Certified Public Accountant (CPA) CPAs specialize in tax planning and accounting. While they may not be exclusively wealth managers, their expertise in tax matters can be invaluable in managing your taxes efficiently. Tax Planning Effective tax planning can significantly impact your overall financial well-being.

Wealth Management 52

Wealth Management Management Risk Tolerance Retirement Planning 52

Harness Wealth

MARCH 5, 2024

It’s important to note that tax advisors include three types of tax professionals : Certified Public Accountants (CPAs) Enrolled Agents (EAs) Tax Attorneys All three may offer different fee structures depending on the services offered and their firm’s unique expertise.

Taxes 52

Taxes Tax Planning Education Ethics 52