Abnormal Returns

SEPTEMBER 26, 2022

Podcasts Christine Benz and Jeff Ptak talk with Tim Steffen, director of tax planning for Baird. standarddeviationspod.com) Future Proof Lisa Shidler, "Future Proof 2022's festival-style event was a hit and will return next year to the same Huntington Beach coastal location."

Tax Planning 130

Tax Planning Compliance Startup Financial Planning 130

Carson Wealth

AUGUST 1, 2024

Making the right decisions around claiming Social Security — based on your spending needs, longevity and tax planning — could mean the difference between meeting your retirement goals or not. Instead, of falling into this RMD tax trap, take advantage of Roth IRA conversions during early retirement years or pre-retirement.

Retirement 143

Retirement Taxes Distribution Tax Planning 143

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.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Harness Wealth

FEBRUARY 27, 2023

Founders, board members, and employees of startups that get acquired can experience tax consequences as a result of a liquidity event. It’s imperative to plan for the tax implications so you can be prepared to pay what you owe the IRS. When your shares are converted, this may be a taxable event.

Tax Planning 52

Tax Planning Startup Taxes Planning 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

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

Harness Wealth

DECEMBER 8, 2022

The maximum net capital loss you could deduct is $3,000 per tax year, anything above that would be deducted in the following year. Did you have a liquidity event in 2022? If you did, there are more aggressive tax loss generating investments a financial adviser can introduce, such as customizable tax-loss portfolios.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

XY Planning Network

FEBRUARY 6, 2023

This helps your tax professional get your taxes filed correctly, prepares you in the event there are any questions on your return, and allows for efficient tax planning. We can help you and your clients understand what to keep (and perhaps more importantly, why), and for how long.

Taxes 83

Taxes Tax Planning Clients Accounting 83

Harness Wealth

JANUARY 24, 2023

QSBS is a federal tax benefit program that offers 100% exclusion of federal capital gains for a five-year period, up to $10 million for eligible stocks, such as Founders Stock. However, not all states conform to QSBS, and this can have a significant impact on taxes in the event of a liquidity event.

Startup 52

Startup Tax Planning Taxes Planning 52

AdvicePay

JUNE 13, 2024

Here are some examples of one-time and ongoing services you can offer clients under the fee-for-service model: One-Time Services Ongoing Services Comprehensive Financial Plan Ongoing Financial Planning Second Opinion Engagement Advising on Held-Away Accounts Student Loan Analysis Tax Planning Portfolio Tax Efficiency Review Estate Planning Housing (..)

Insurance Coverage 85

Insurance Coverage Financial Planning Estate Planning Tax Planning 85

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 79

Taxes Tax Planning Startup Valuation 79

Yardley Wealth Management

MARCH 1, 2022

Part 3: Tax-Wise Financial Planning In our last two pieces, we covered some tools of the tax-planning trade, as well as how to deploy them for tax-efficient investing. But tax planning isn’t just for your investments. But we can weave each event into the tax-planning fabric of your financial life.

Financial Planning 52

Financial Planning Taxes Planning Tax Planning 52

Yardley Wealth Management

MARCH 1, 2022

In our last two pieces, we covered some tools of the tax-planning trade, as well as how to deploy them for tax-efficient investing. . But tax planning isn’t just for your investments. But we can weave each event into the tax-planning fabric of your financial life. . Life happens.

Financial Planning 52

Financial Planning Taxes Planning Tax Planning 52

Carson Wealth

APRIL 25, 2024

There are some things in life you just can’t plan for: an unexpected illness, job loss, death of spouse, disability. And while experiencing one of these major events can drastically impact your life, having an effective financial plan can help ensure that it doesn’t ruin your financial well-being.

Financial Planning 97

Financial Planning Planning Retirement Insurance Coverage 97

Darrow Wealth Management

NOVEMBER 7, 2024

Exercise strategy: Timing: Consider the tax implications of exercising vested options before or after the IPO, timing of sales, and tax planning opportunities. Cash flow: Depending on the type of equity you have, exercising can be challenging given tax implications and having cash to buy the stock.

Taxes 83

Taxes Wealth Management Wealth Advisor Tax Planning 83

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?” The short answer to that question is often, “Everything.”

Taxes 98

Taxes Medical Distribution Accounting 98

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

Taxpayers pay whichever number is higher: their tax due under AMT or the regular system. Under the regular tax system, when you exercise ISOs, it’s not a taxable event. Tax and financial planning with stock options Not every individual with incentive stock options will have tax planning options to consider.

Taxes 82

Taxes Tax Planning Planning Wealth Management 82

Harness Wealth

MAY 31, 2022

If I exercise, will that trigger AMT (Alternative Minimum Tax)? Does it matter where I live when the exit event occurs? Using Equity Tax Insights, Oscar can compare decision options and flex scenarios like future stock price, income, and locations. Will buying and holding save me money? Understanding your options.

Taxes 52

Taxes Tax Planning Startup Planning 52

WiserAdvisor

MARCH 13, 2024

By spreading your investments across different investment classes, geographical regions, and market sectors, you can reduce the impact of adverse market events on your portfolio’s overall performance. Pillar 3: Tax planning Tax planning is indispensable for optimizing your retirement finances and safeguarding your wealth for the future.

Retirement Planning 105

Retirement Planning Retirement Planning Estate Planning 105

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

Darrow Wealth Management

SEPTEMBER 11, 2024

Tax treatment of an inherited IRA or retirement account Most retirement accounts are funded with pre-tax dollars so distributions are fully taxable to you, the beneficiary, as regular income. As a result, tax planning is critical, particularly if you’ve inherited a large 401(k) or IRA.

Accounting 82

Accounting Retirement Distribution Taxes 82

WiserAdvisor

AUGUST 31, 2023

A financial advisor can help with maximizing your retirement income through tax planning After retirement, your income sources may become limited to pensions, Social Security benefits, and investment income. 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

Darrow Wealth Management

SEPTEMBER 7, 2023

When a pre-IPO exercise is off the table At Darrow Wealth Management, we specialize in planning for a sudden liquidity event , typically from stock options following an IPO or acquisition. For individuals expecting a sudden wealth event, sometimes the potential for tax savings causes employees to lose sight of the bigger picture.

Wealth Management 73

Wealth Management Taxes Tax Planning Valuation 73

Harness Wealth

FEBRUARY 13, 2023

Whether you’re planning for an upcoming liquidity event , such as an IPO, or you’re interested in bringing more sophistication to your overall tax strategy, Harness Tax offers a range of services to meet your needs. Talk through your equity concerns, goals, and next steps before an equity event occurs.

Taxes 52

Taxes Tax Planning Planning Consulting 52

Fortune Financial

JULY 28, 2022

Distributions only qualify for NUA treatment if completed after the triggering event (separation from service, reaching retirement, death or disability). These two examples result in separate taxation rules based on their dates of sale and highlight the need to incorporate tax planning in NUA decisions.

Taxes 98

Taxes Planning Retirement Planning Distribution 98

Darrow Wealth Management

OCTOBER 1, 2024

This makes managing your financial affairs much easier in the event of death, incapacitation, or even a long trip overseas. Limiting access can provide estate tax planning benefits for some). In the trust document, a spouse or other family member can be a co-trustee, and you can also name a successor trustee.

Assets 95

Assets Estate Planning Distribution Fiduciary Duty 95

Brown Advisory

JULY 30, 2015

Strategic planning for families often focuses on tax avoidance or minimization, and this emphasis on tax planning is understandable because reducing the tax drag on earnings and intergenerational wealth transfers is the functional equivalent of boosting investment returns.

Planning 52

Planning Strategic Planning Tax Planning Risk Tolerance 52

Darrow Wealth Management

JANUARY 29, 2024

Limiting access can provide estate tax planning benefits for some). A trust can also help safeguard assets for minor children, provide for individuals with special needs, include terms if the survivor remarries, and also identify a successor trustee in the event of your disability, among other things.

Estate Planning 79

Estate Planning Distribution Taxes Wealth Management 79

Tobias Financial

OCTOBER 13, 2022

The sense of no control over such events can be rather frustrating. Another financial pain point that significantly impacts our budget is taxes. Whether you typically get a refund or owe a tax bill, there are several moves to consider to increase your chances of tax savings. .

Taxes 52

Taxes Tax Planning Budgeting Sales 52

Harness Wealth

OCTOBER 16, 2024

As a Harness Marketplace member, Klingman & Associates works with tax firms on the Harness platform to refer and serve clients dealing with equity compensation, liquidity events, and other high-net-worth planning needs. Q: How can tax advisors align with the work of wealth advisors? It’s often event-driven.

Wealth Management 52

Wealth Management Taxes Clients Management 52

FMG

FEBRUARY 22, 2023

As a refresher, some of the most popular forms of marketing include: Events Webinars Social Media Email Marketing SEO/Website Traffic Podcasts Video/YouTube PPC Read on to see real-life examples of financial advisors using some of these marketing tactics and how they worked for them. Looking to start planning events for your firm?

Marketing 52

Marketing Marketing Financial Advisor Media 52

Indigo Marketing Agency

FEBRUARY 2, 2023

For instance, the Heath Walters Institute offers on-demand tax planning and support for financial advisors who want to better serve their high-net-worth clientele. Schedule a free strategy call with Katie to learn more about how Indigo can help you leverage the expertise that sets your practice apart!

Marketing 81

Marketing Marketing Financial Advisor Clients 81

Darrow Wealth Management

FEBRUARY 20, 2023

This can also help with longer term tax planning optimization. On the other hand, if the cost to buy the stock or tax impact would be prohibitive or unwise, then you’re probably not going to be able to exercise stock options even after vesting.

Startup 99

Startup Taxes Wealth Management Tax Planning 99

Harness Wealth

NOVEMBER 27, 2023

Core components of CAS involve bookkeeping, payroll, tax planning & compliance services customized for each client. Tax Planning and Compliance With any of the above components, tax planning and compliance will be a major area of need, particularly for newer businesses.

Accounting 59

Accounting Clients Compliance Taxes 59

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. . Keeping up with appointments, meetings, and other important events can be a challenge.

Financial Advisor 83

Financial Advisor Clients Communication Financial Planning 83

eMoney Advisor

DECEMBER 27, 2022

Financial safety includes insurance and an emergency fund to help prepare for unforeseen events and risks. Legacy covers estate and tax planning, and business succession planning if applicable, connecting with self-actualization in Maslow’s pyramid.

Financial Planning 78

Financial Planning Planning Wealth Management Clients 78