Harness Wealth

APRIL 16, 2025

Let us face ittech startups encounter a unique set of tax challenges that can make or break their financial future. The complex interplay between traditional tax regulations and the innovative nature of tech businesses demands smart planning from day one.

Startup 52

Startup Taxes Tax Planning Transportation 52

Carson Wealth

JULY 3, 2024

Managing the business’s finances is one of the most crucial aspects. Proper financial management can be the difference between a thriving business and one that struggles to stay afloat. Get Help with Tax Planning Tax planning is a critical component of financial management.

Financial Planning 142

Financial Planning Planning Retirement Planning Tax Planning 142

Harness Wealth

MARCH 27, 2025

As dynamic as the secondary market may be, secondaries come with complex tax implications that can significantly impact returns if not properly managed. GP-led secondaries can also encompass “stapled transactions” where the sale of the existing fund interest is linked to an allocation in a new fund managed by the same GP.

Taxes 52

Taxes Tax Planning Assets Compliance 52

Harness Wealth

APRIL 17, 2025

Modern digital receipt-tracking applications have made this process more manageable, enabling busy business owners to maintain compliant records without incurring excessive administrative burdens. Understanding these limitations and planning accordingly can help maximize QBI benefits while maintaining compliance with IRS regulations.

Taxes 52

Taxes Tax Planning Professional Services Planning 52

Harness Wealth

APRIL 17, 2025

For taxpayers facing complex situations with multiple potential deductions and credits, professional tax guidance can prove invaluable. A qualified tax professional can help navigate the intricacies of various tax benefits while ensuring compliance with IRS regulations. Managing complex taxes shouldn’t be a burden.

Taxes 52

Taxes Tax Planning Education Medical 52

Harness Wealth

MARCH 27, 2025

With PTET freeing up capital that would otherwise be consumed by tax bills, businesses can fuel growth initiatives and drive long-term sustainability. Simplified tax filing PTET’s consolidation of state tax payments streamlines administrative processes and minimizes compliance costs.

Taxes 52

Taxes Compliance Consulting Financial Planning 52

Harness Wealth

DECEMBER 30, 2024

However, as appealing as these forms of compensation may be, they can result in sizable and unexpected tax bills. An 83(i) election is an IRC provision that allows certain employees of private companies who receive RSUs or NSOs to defer federal income tax on the exercise or settlement of their stock for up to 5 years.

Taxes 52

Taxes Compliance Compensation Planning Financial Advisor 52

International College of Financial Planning

MARCH 31, 2023

Wealth management is an important aspect of the financial world that focuses on managing wealth to help individuals and families achieve their financial goals. Wealth management involves a range of financial services as an investment, finance, real estate, tax, and risk management.

Wealth Management 52

Wealth Management Management Risk Management Ethics 52

Inside Information

JANUARY 31, 2025

Depending on a firms tech strategy, she wrote, advisors may have to log in to the CRM, custodian, portfolio accounting, planning software, tax planning software, estate planning software, social security maximizer software, etc.,

Risk Tolerance 40

Risk Tolerance Consulting Estate Planning Wealth Advisor 40

Midstream Marketing

DECEMBER 6, 2024

Scheduling tools, like Hootsuite, can help you manage your social media accounts. Running focused social media campaigns that highlight their services and share their skills in areas like tax planning or retirement planning. By focusing on compliance and security, you can earn your clients trust.

Marketing 52

Marketing Marketing Media Engineering 52

Fortune Financial

SEPTEMBER 25, 2023

How to Choose the Right Wealth Management Firm in Kansas City Managing your wealth is a crucial aspect of financial success and security. Let’s look at key factors to consider when selecting the ideal wealth management firm in the Kansas City metro area. But with many options available, how do you choose the right one?

Wealth Management 59

Wealth Management Management Risk Tolerance Retirement Planning 59

Harness Wealth

NOVEMBER 27, 2023

Core components of CAS involve bookkeeping, payroll, tax planning & compliance services customized for each client. Client Accounting Services are a comprehensive set of offerings provided by accounting firms to assist both individual and business clients in both compliance matters and day-to-day financial management.

Accounting 59

Accounting Clients Compliance Taxes 59

Harness Wealth

APRIL 16, 2025

Without mandatory withdrawals forcing taxable distributions, you can better manage tax brackets and preserve wealth for longer periods. Strategic conversion timing during years of lower income, favorable tax circumstances, or when between jobs can dramatically improve lifetime tax efficiency.

Taxes 52

Taxes Retirement Retirement Planning Distribution 52

Harness Wealth

FEBRUARY 5, 2025

If the foreign taxes you paid exceed this limit, the excess foreign tax can generally be carried forward for up to ten years or carried back one year (via an amended return). Maintaining accurate records of foreign income and taxes paid is therefore vital to calculating the correct FTC and maintaining tax compliance.

Taxes 52

Taxes Compliance Accounting Government 52

Fortune Financial

SEPTEMBER 25, 2023

How to Choose the Right Wealth Management Firm in Kansas City Managing your wealth is a crucial aspect of financial success and security. Let’s look at key factors to consider when selecting the ideal wealth management firm in the Kansas City metro area. But with many options available, how do you choose the right one?

Wealth Management 52

Wealth Management Management Risk Tolerance Retirement 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. The more a firm can either automate processes or outsource tasks, the more time it’ll have to build deeper client relationships.

Taxes 52

Taxes Clients Compliance Tax Planning 52

Sara Grillo

OCTOBER 21, 2022

In this blog, I interview paraplanning professionals to get their take on what the role is, what it pays, and what it potential is for someone who wants to get a job as a financial paraplanner, possibly as a stepping stone to other wealth management jobs. Also, nothing in this podcast or blog can be interpreted as legal or compliance advice.

Insurance 98

Insurance Financial Planner Fee Only Financial Advisor 98

Sara Grillo

JUNE 7, 2024

I studied several of the wealth managers who work with Family Offices. 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.

Financial Advisor 52

Financial Advisor Clients Executive Compensation Compliance 52

WiserAdvisor

AUGUST 31, 2023

A financial advisor can help you with portfolio management, risk reduction, and inflation protection During retirement, your investment goals shift from accumulation to preservation of wealth. A financial advisor can craft tax-efficient withdrawal strategies to minimize the tax burden on your retirement income.

Financial Advisor 90

Financial Advisor Retirement Risk Tolerance Estate Planning 90

Tobias Financial

DECEMBER 12, 2022

Lonnie will serve as our Director of Tax Services and will lead all tax-related operations for our wealth management and financial planning clients. . Lonnie brings over 10 years of personal tax and accounting experience with a specialty in tax compliance, both domestic and international.

Wealth Management 52

Wealth Management Financial Advisor Tax Planning Compliance 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

Diamond Consultants

AUGUST 9, 2022

The notion of taking on the task of managing compliance, technology, HR, and finance is often what stops advisors from going independent. Plus, these platforms don’t just provide support at launch; they also offer ongoing operational, compliance, marketing, and practice management support to optimize the business for growth.

Compliance 59

Compliance Recruitment Clients Retirement 59

Harness Wealth

JANUARY 9, 2025

However, it’s important to note that while you can withdraw your contributions from a Roth IRA at any time without penalty, you’ll owe taxes on any earnings withdrawn before age 59 and five years of account ownership. Each step must be executed correctly to avoid penalties or unexpected tax liabilities.

Taxes 52

Taxes Planning Retirement Retirement Planning 52

Sara Grillo

MARCH 22, 2024

Steven Kampschmidt Home Freedom Found Financial Andy Panko [link] Tenon Financial New Mexico Jose Sanchez [link] Flat fee financial planning for families living with and through Alzheimer’s New York State Laura Rotter www.trueabundanceadvisors.com I am an annual retainer, flat fee advisor.

Financial Planning 52

Financial Planning Fee Only Financial Planner Financial Advisor 52

Harness Wealth

SEPTEMBER 18, 2024

These numbers show an opportunity for tax practices to build deeper, meaningful relationships with their clients, helping them to navigate some of life’s most challenging financial decisions. And you’ll see in our Q&A below, that tax advisors can bring estate planning into the conversation early on in a client relationship.

Taxes 52

Taxes Clients Planning Estate Planning 52

Harness Wealth

JANUARY 29, 2025

Selling assets purely for tax purposes can disrupt long-term investment strategies and reduce diversification. When you have limited expertise: tax-loss harvesting requires careful monitoring and compliance with IRS regulations. Is tax-loss harvesting right for you? For cases like these, a platform like Harness can help.

Taxes 52

Taxes Assets Sales Portfolio 52

Midstream Marketing

NOVEMBER 6, 2024

Financial Goals: These include saving for retirement, managing money, and paying for education. Pain Points: These are issues like market ups and downs, tax problems, and money planning being hard. Retirement Planning: Give tips on how to save for retirement. Explain how to manage risks and how to diversify portfolios.

Financial Advisor 52

Financial Advisor Marketing Marketing Media 52

Diamond Consultants

MAY 24, 2022

So, the ability to provide a truly holistic offering all-under-one-roof – including not only investments but tax planning, family office services, trusts, and the ability to advise on assets held away – is seen by clients as a real benefit. Better communication.

Clients 52

Clients Compliance Communication Investing 52

Carson Wealth

NOVEMBER 3, 2022

While it’s always a good time to be generous, there are some years you might find it even more beneficial to achieve a tax deduction. That’s when conducting thoughtful tax planning can be vital to lessen the blow, and a philanthropic donation can be a key part of that.

Taxes 98

Taxes Distribution Accounting Nonprofit 98

The Big Picture

AUGUST 15, 2023

Tell us a little bit about how that led you to working with some of the managers that worked with the Yale Endowment. RITHOLTZ: Did long-term capital management impact them at all? Are you still working with any of the managers at Yale or is that along the — SEIDES: No, I mean, I left Yale 25 years ago. SEIDES: Sure.

Management 130

Management Investing Investments Government 130

Harness Wealth

SEPTEMBER 18, 2023

While you will gain the autonomy to set your own rates, choose your own clients, and manage your work on your own terms, you will lose the backing and stability of a larger firm. A Community of Experts: Harness Tax Advisors bring a wide range of specialties, including crypto taxes, equity compensation, and more.

Taxes 59

Taxes Accounting Clients Management 59

Harness Wealth

OCTOBER 23, 2023

If you’re a CPA who works with clients on more than just annual tax returns, you’re likely already providing accounting advisory services. This emerging discipline offers a wealth of opportunities for both clients and accounting firms, and focuses on providing strategic guidance and future-focused tax planning throughout the year.

Accounting 52

Accounting Taxes Strategic Planning Estate Planning 52

Carson Wealth

MAY 4, 2023

Stock options can be either qualified or non-qualified, and the primary difference is how they are taxed. In practice, ISOs create complex tax compliance and planning issues for both employers and employees. As such, it is necessary to factor in AMT when planning for ISOs.

Taxes 52

Taxes Sales Planning Tax Planning 52

Zoe Financial

APRIL 4, 2023

tax filings. However, if the foreign real estate is rented out, keeps a separate set of books, or utilizes a management company, then the individual owner will be required to report the rental income on: Schedule E, Part I, and Forms 4562/8582. Purchase of Real Estate Purchasing foreign real estate might not impact U.S.

Retirement 40

Retirement Taxes Compliance CFP 40

Harness Wealth

MAY 18, 2023

According to McKinsey , today, the independent financial advisor segment is the fastest-growing area of wealth management with more than 1,600 advisors joining annually. Who are the entrepreneurial advisors? What do entrepreneurial advisors need?

Taxes 52

Taxes Wealth Advisor Marketing Marketing 52

Midstream Marketing

NOVEMBER 6, 2024

Financial Goals : They want to save for retirement , manage their money, and pay for education. Pain Points : They face market ups and downs, worries about taxes, and issues in financial planning. Retirement Planning : Offer tips on saving and managing retirement funds.

Financial Advisor 52

Financial Advisor Marketing Marketing Media 52

Sara Grillo

APRIL 11, 2022

These services often include recommendations on investments, financial planning, retirement, Social Security, Medicare, tax planning, and other wealth-related topics. Please conduct your own diligence on any wealth manager you are considering hiring. Hourly financial advisors are not common. Jon Luskin. Rick Ferri.

Financial Advisor 52

Financial Advisor Portfolio Clients Management 52