Abnormal Returns

NOVEMBER 6, 2024

(morningstar.com) Barry Ritholtz talks shareholder yield with Meb Faber of Cambria Investments. podcasts.apple.com) Taxes A year-end tax planning checklist. kindnessfp.com) How to think about taxes in early retirement. greatergood.berkeley.edu) The laws of financial health are pretty simple.

Estate Planning 173

Estate Planning Tax Planning Retirement Taxes 173

MainStreet Financial Planning

NOVEMBER 8, 2024

As December unfolds, it’s easy to overlook year-end tax planning amid the holiday hustle. However, dedicating a few moments now can lead to significant savings come tax season. To help you retain more of your hard-earned money and reduce your tax liability, consider these five strategic moves before the year concludes.

Taxes 98

Taxes Medical Consulting Education 98

The Chicago Financial Planner

FEBRUARY 8, 2023

You’ve paid Social Security taxes over the course of your working life and you’ve earned these benefits. Many retirees and others collecting Social Security wonder about the tax treatment of their benefit. The answer to the question in the title is that your Social Security benefits may be subject to taxes.

Taxes 291

Taxes Retirement Financial Planner Financial Advisor 291

Nerd's Eye View

NOVEMBER 30, 2022

Taxes are a central component of financial planning. Almost every financial planning issue – whether it is retirement, investments, cash flow, insurance, or estate planning – has tax considerations, and advisors provide a great deal of value in helping clients minimize their overall tax burden.

Tax Planning 246

Tax Planning Compliance Taxes Financial Advisor 246

MainStreet Financial Planning

NOVEMBER 25, 2024

The maximum amount of earnings subject to Social Security tax (taxable maximum) will increase to $176,100 from $168,600. The individual tax brackets for ordinary income have been adjusted by inflation. On average, tax parameters that are adjusted for inflation will increase about 2.80%.

Taxes 98

Taxes Planning Retirement Planning Accounting 98

Nerd's Eye View

NOVEMBER 21, 2022

However, by creating a systematic annual process to monitor and update client plans based on seasons, not only can advisors save time and work more efficiently, but they can also communicate the value of ongoing financial planning services to prospects and clients more effectively.

Financial Planning 244

Financial Planning Planning Estate Planning Clients 244

Nerd's Eye View

MAY 8, 2023

Traditionally, financial advice and tax preparation have existed as 2 related, but separate, services. Besides the fact that many financial advisors don’t hold the necessary credentials (e.g., by tailoring client data-gathering worksheets to focus on the information that is relevant to a client’s tax situation).

Taxes 246

Taxes Financial Planning Financial Advisor Clients 246

Nerd's Eye View

SEPTEMBER 7, 2022

Tax-loss harvesting – i.e., selling investments at a loss to capture a tax deduction while re-investing the proceeds to maintain market exposure – is a popular strategy for financial advisors to increase their clients’ after-tax investment returns. With these three tools (i.e.,

Taxes 246

Taxes Clients Tax Planning Financial Advisor 246

Abnormal Returns

JANUARY 10, 2024

slate.com) Financial plans Your financial plan should start with your goals. thefinancialbodyguard.com) Why financial goals need to have a why behind them. peterlazaroff.com) Why financial plans eventually become obsolete. awealthofcommonsense.com) Five things you can do with your old 401(k) account.

Investing 268

Investing Investments Financial Planning Retirement 268

Abnormal Returns

MARCH 5, 2025

nytimes.com) Investing Tony Isola, "The market is always brimming with uncertainty." tonyisola.com) If you don't understand it, don't invest. humbledollar.com) There is no 'right answer' in financial planning. contessacapitaladvisors.com) Taxes How to get an IRS PIN. wsj.com) What Form 1098-T is for.

Retirement 162

Retirement Financial Planning Education Taxes 162

Abnormal Returns

FEBRUARY 26, 2025

podcasts.apple.com) Investing Targeted apathy as an investment philosophy. ofdollarsanddata.com) Invest time in your life, not in managing your portfolio. mrmoneymustache.com) Why you need to account for your Treasury income on your state taxes. tonyisola.com) Age is just one factor when it comes to your asset allocation.

Asset Allocation 162

Asset Allocation Retirement Financial Planning Accounting 162

Abnormal Returns

DECEMBER 11, 2024

Podcasts Barry Ritholtz talks with Meb Faber of Cambria Investments about deferring capital gains with ETFs. sites.libsyn.com) Peter Lazaroff on some year-end tax strategies. budgetsaresexy.com) Taxes Tax minimizing strategies, like direct indexing, have gone mainstream. barrons.com) Financial stress is real.

Retirement 147

Retirement Financial Advice Taxes Financial Planning 147

Clever Girl Finance

DECEMBER 23, 2024

Freelancing is liberating, but without a solid financial plan, it can also be unpredictable. As a freelancer, you juggle not only your craft but also your finances, taxes, and retirement planning. That’s where financial planning for freelancers comes in. Plan for taxes ahead of time 4.

Budgeting 52

Budgeting Financial Planning Planning Insurance 52

International College of Financial Planning

MARCH 12, 2025

Unlike their predecessors, they are tech-savvy, investment-curious, and financially independent-inded. But they also have a mild addiction to online shopping, an over-reliance on BNPL schemes, and a tendency to take financial advice from influencers who may or may not know what theyre talking about.

Financial Planning 52

Financial Planning Planning Asset Allocation Financial Advice 52

Wealth Management

JULY 11, 2024

Earned Wealth, founded in 2021, offers medical professionals advice on financial planning, tax planning, wealth management and investing on one interconnected platform.

Startup 254

Startup Tax Planning Wealth Management Medical 254

MainStreet Financial Planning

MARCH 7, 2025

Tax season can feel overwhelming, whether you’re filing for the first time or you’ve been doing it for years. Should you tackle your taxes on your own, or is it time to bring in a professional? Lets explore the pros and cons of DIY tax preparation and when seeking expert help might be the right move.

Taxes 52

Taxes Financial Planning Planning Numbers 52

Carson Wealth

JULY 3, 2024

Get Help with Tax Planning Tax planning is a critical component of financial management. Proper tax planning can save your business money and ensure compliance with regulations. More importantly, be prepared to pay the proper taxes throughout the year.

Financial Planning 142

Financial Planning Planning Retirement Planning Tax Planning 142

Nerd's Eye View

AUGUST 9, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a recent survey indicates that clients of financial advisors are more confident than others about their financial preparedness for retirement and are more likely to have a financial plan in place that can weather the ups (..)

Financial Planner 246

Financial Planner Taxes Financial Planning Estate Planning 246

The Big Picture

SEPTEMBER 28, 2022

Consider this tweet I bookmarked back in August; This updated version , via Mindfulenough , gave me the idea to turn it into something investment-related. You must have a Financial Plan , so it is clear what you are investing for, and so you can see how you are progressing towards those goals. Financial Plan.

Asset Allocation 342

Asset Allocation Financial Planning Assets Media 342

Nerd's Eye View

MARCH 18, 2025

What's unique about Ali, though, is the path of how he built an advisory business by helping (high-net-worth) business owners achieve their financial goals while being true to their entrepreneurial mindset and drive (which can sometimes conflict with ‘standard' financial planning advice), which was so successful that he eventually sold his advisory (..)

Financial Advisor 130

Financial Advisor Clients Financial Planning Taxes 130

MainStreet Financial Planning

OCTOBER 3, 2023

“MainStreet Chalk Talk” The MainStreet Financial Planning Discussion Club When: Tuesday 10-17-23 at 7:30pm Eastern; 4:30pm Pacific ~30-45 minutes Recorded and able to retrieve for one week How : Zoom Meeting Free for current clients, $10 for guests Register Here! It seems like everyone is getting into real estate investing these days!

Taxes 98

Taxes Investing Investments CFP 98

Dear Mr. Market

DECEMBER 31, 2024

Because when it comes to financial planning, you’re ready to write it downand studies show that writing down your goals makes you 42% more likely to achieve them. Heres your top 10 financial planning checklist for the new year. Review Investment Allocations Markets evolve, and so should your portfolio.

Budgeting 86

Budgeting Financial Planning Estate Planning Planning 86

Harness Wealth

MARCH 7, 2025

This weeks Tax Advisor news roundup covers key updates for financial professionals. Last but not least, we have a rundown of the IRSs ‘Dirty Dozen’ tax scams for 2025. Wealth Taxes in Europe, 2025 ( Cristina Enache , Tax Foundation) Net wealth taxes are recurrent taxes on an individuals wealth, net of debt.

Taxes 52

Taxes Retirement Financial Advisor Retirement Planning 52

Carson Wealth

DECEMBER 5, 2024

The Tax Impact of Charitable Giving The personal financial and income tax impact from charitable giving can affect the size of the gift and the timing of giving. If a family has a large taxable income year, they may be willing to increase donations to reduce their income tax liability.

Taxes 112

Taxes Nonprofit Accounting Assets 112

Abnormal Returns

APRIL 5, 2023

(rationalreminder.libsyn.com) Investing The stock market is in a drawdown more often than not. bestinterest.blog) Taxes Are you taking advantage of the 0% capital gains rate? wsj.com) States differ greatly in how they tax income in retirement. businessinsider.com) We need to make it easier for people to buy US Treasuries.

Ethics 242

Ethics Financial Planner Financial Advising Financial Planning 242

Darrow Wealth Management

JANUARY 16, 2025

A step-up in basis is a tax advantage for individuals who inherit stocks or other assets, like a home. Understanding step-up in basis at death If youve received an inheritance you may have questions about the tax treatment of certain assets. This increases the tax basis, which determines capital gains or losses when the asset is sold.

Assets 98

Assets Estate Planning Taxes Wealth Management 98

Integrity Financial Planning

NOVEMBER 7, 2022

When markets take a spill, especially when it comes to your retirement investments, it’s harder to find ways to meet your financial goals. While all these concerns are legitimate, there is a hidden benefit to selling your losing investments at a loss. What is Tax-Loss Harvesting? Key Takeaway.

Taxes 98

Taxes Investing Investments Retirement 98

Nerd's Eye View

OCTOBER 27, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the shift in financial advice from pure investment management to comprehensive financial planning continues, with more individuals becoming CFP professionals than CFAs in the past few years as consumers increasing the diversity (..)

Financial Planner 246

Financial Planner Financial Advice Financial Advisor Tax Planning 246

Nerd's Eye View

AUGUST 23, 2024

The survey found that most firms fall into the middle category, utilizing tech in categories that provide an assessed high return on investment (e.g., financial planning, CRM, portfolio management), while taking a more tailored approach to selecting tech in other categories.

Financial Planner 245

Financial Planner Retirement Estate Planning Clients 245

Abnormal Returns

SEPTEMBER 18, 2023

Podcasts Daniel Crosby talks with Michael Kitces about automation and the future of financial advice. standarddeviationspod.com) Michael Kitces talks with Jason Wenk, CEO of Altruist, about how he is trying to build an all-in-one investment OS. smokestack.beehiiv.com) The first rule of financial advice is 'do no harm.'

Planning 264

Planning Financial Advice Wealth Management Math 264

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 96

Financial Planning Planning Retirement Insurance Coverage 96

Nerd's Eye View

SEPTEMBER 19, 2022

2022 marks the 50 th anniversary of the enrollment of students into the first Certified Financial Planner (CFP) course, and in the years since then, financial planning (and the process of creating a financial plan) has changed extensively.

Financial Planner 245

Financial Planner Certified Financial Planner Financial Planning CFP 245

Carson Wealth

FEBRUARY 29, 2024

It’s a simple, human act – one that seems like it shouldn’t take too much planning to do it correctly. But when does gifting become a tax issue? What do you need to consider about gifting as it relates to your overall estate plan? Taxes on Giving??? Why do you have to pay taxes on money you’re giving away?

Financial Planning 96

Financial Planning Taxes Planning Estate Planning 96

Steve Sanduski

FEBRUARY 18, 2025

But, to a growing segment of clients and prospects, these investments are almost as important as their 401(k)s. Advisors who learn how to incorporate these and other emerging asset classes into Life-Centered Financial Plans will be offering a valuable service that sets them apart — especially in the eyes of high-net-worth individuals.

Financial Planning 52

Financial Planning Planning Valuation Clients 52

Nerd's Eye View

JANUARY 8, 2024

For instance, the financial advice industry has seen many changes to regulations (for both advisors and their clients), advisor business models, and the advisor technology landscape. In the context of the financial planning industry, whereas Financial Advice 1.0 Specifically, Financial Advice 3.0

Financial Advice 245

Financial Advice Medicine Financial Planning Estate Planning 245

Darrow Wealth Management

MARCH 31, 2023

There are many financial planning considerations before, during, and after a divorce. A key part of the process from a financial standpoint is dividing the assets. But that doesn’t mean the actual assets are just split down the middle, and some assets are much more favorable from a tax perspective than others.

Financial Planning 97

Financial Planning Planning Estate Planning Assets 97

Zoe Financial

JANUARY 28, 2025

What do these mean, and which is a sounder investment strategy? Weve simplified the differences between time in the market and market timing to explain the best investing strategies for investors. If a financial advisor tries to tell you otherwise, be wary. If a financial advisor tries to tell you otherwise, be wary.

Marketing 98

Marketing Marketing Financial Advisor Taxes 98