Nerd's Eye View

JULY 12, 2022

In this episode, we talk in-depth about how, after years of working in an environment where she saw first-hand how ultra-high-net-worth clients keep and grow their wealth (and the lack of diversity among those clients), Kamila decided to build a practice that focused on providing holistic financial planning to communities of color with emerging wealth, (..)

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Financial Advisor CFP Clients Financial Planning 246

Nerd's Eye View

MAY 8, 2023

investment reviews in the summer, retirement projection updates in the fall, and year-end tax planning in the winter) created enough efficiency through systematizing the ongoing financial planning process that allowed him to fit in tax preparation without reducing any of his other service offerings!

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Taxes Financial Planning Financial Advisor Clients 246

Nerd's Eye View

SEPTEMBER 7, 2022

The key point, however, is that – like many tax planning strategies – tax-loss harvesting requires at least some individual attention to each client’s tax situation to ensure it is the right strategy for that client. With these three tools (i.e.,

Taxes 246

Taxes Clients Tax Planning Financial Advisor 246

Carson Wealth

JANUARY 8, 2025

They consider your current financial situation, risk tolerance, and future objectives to help develop a comprehensive plan. This personalized approach can help you make financial decisions that are well-informed and strategically sound. link] Mike Gruidel is a non-producing affiliate of Cetera Advisor Networks, LLC.

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Financial Advice Financial Advisor Risk Tolerance Financial Guidance 64

Nerd's Eye View

JANUARY 12, 2023

Some advisors implement client service calendars that dedicate certain times of the year to tax planning, insurance reviews, or quarterly meetings, and fill the gaps with newsletters, client appreciation events, and regular firm updates.

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Clients Communication Fee Only Financial Advisor 244

Harness Wealth

MARCH 27, 2025

State and local taxes Secondary funds and their investors may face various state and local taxes, including income tax, franchise tax, and property tax. These taxes can vary significantly depending on the location of the fund, its investors, and its investments. FIRPTA planning using a U.S.

Taxes 52

Taxes Tax Planning Assets Compliance 52

Harness Wealth

FEBRUARY 26, 2023

Cost-saving tax planning can be much more difficult to implement after your company is well-established and has reached the stage where an IPO, merger, or acquisition becomes a likely event. The first three options are pass-through entities, so profits and losses are distributed to the owners who are taxed on them.

Tax Planning 52

Tax Planning Startup Taxes Planning 52

Nerd's Eye View

JULY 12, 2024

Also in industry news this week: 2 House committees this week advanced legislation that would halt implementation of the Department of Labor's new Retirement Security Rule, which, combined with ongoing lawsuits, threaten to derail the regulation either before or soon after it becomes effective in late September A Federal judge has put the future of (..)

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Financial Planner Clients Tax Planning Accounting 189

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.

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Startup Taxes Tax Planning Transportation 52

Nerd's Eye View

FEBRUARY 19, 2024

Finally, the annual T3/Inside Information Software Survey, which assesses the software programs used by financial advisors, found that tax planning tools are on the rise – with adoption rates jumping from 30% to 43%.

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Consulting Financial Advice Engineering Financial Advisor 244

Harness Wealth

APRIL 17, 2025

This shifting landscape makes it particularly important to stay informed about new opportunities. The credit amount varies based on household income, family size, and the flexibility in how it is claimed, either as an advance credit that reduces monthly premiums or when filing taxes. This article is a product of Harness Tax LLC.

Taxes 52

Taxes Tax Planning Education Medical 52

Harness Wealth

APRIL 17, 2025

This represents a significant change from previous years’ higher percentages, making strategic timing of asset purchases increasingly important for tax planning purposes. Bonus Depreciation continues to evolve, with 2025 offering a 40% deduction rate for eligible new and used property.

Taxes 52

Taxes Tax Planning Professional Services Planning 52

Harness Wealth

MARCH 29, 2023

But aside from the fact that the markets have since nearly recouped all those losses (markets go UP as well as down), it can be easy to forget that selling when the markets are down can still mean you’re paying capital gains tax, especially if you’ve been invested for a while. Any growth that accumulates in the Roth IRA is tax-free.

Tax Planning 52

Tax Planning Taxes Planning Marketing 52

Ballast Advisors

NOVEMBER 21, 2022

What are appropriate checklists for year-end tax planning? Tax planners often develop checklists to guide taxpayers toward year-end strategies that might help reduce taxes. Certain tax benefits may be available if you can claim an individual as a dependent. Family tax planning.

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Tax Planning Taxes Planning Retirement Planning 52

Harness Wealth

MARCH 14, 2025

Many firms use unencrypted email or physical drop-offs to receive sensitive tax data, leaving confidential information exposed to possible breaches. The increasing threats of cybercrime make it essential for tax advisors to adopt safer methods for handling client information.

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Taxes Compliance Tax Planning Clients 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.

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Executive Compensation Tax Planning Taxes Planning 52

Harness Wealth

MARCH 6, 2025

Incomplete tax documentation: Waiting for essential tax documents, such as W-2s, 1099s, or other forms, is a common reason to file for a tax extension. Unexpected life events: Unforeseen circumstances, including illness, bereavement, or other emergencies, can disrupt tax preparation.

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Taxes Tax Planning Consulting Electronics 52

Harness Wealth

APRIL 17, 2025

Donor-advised funds (DAFs) have emerged as powerful tools that deliver this exact combination, providing immediate tax advantages while offering flexibility to recommend grants to qualified organizations over time. This article should not be considered tax or legal advice and is provided for informational purposes only.

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Taxes Tax Planning Distribution Assets 52

Harness Wealth

OCTOBER 8, 2024

These include W-2s, 1099s, and other forms that reflect income, mortgage interest, and health insurance information. Here’s when you can expect to receive your various tax forms: W-2 Forms (Employee Income): Employers are required to send out W-2 forms by January 31, 2025. This is a product of Harness Tax LLC.

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Taxes Electronics Insurance Startup 52

Carson Wealth

MARCH 26, 2024

By Mike Valenti, CPA, CFP®, Director,Tax Planning LLCs can provide legal protections and a level of anonymity, either or both of which can be beneficial for business owners, investors, and others with valid intentions. Every business covered under the law must report the following information. What Is Required Under the CTA?

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License Tax Planning CFP Taxes 129

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.

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Taxes Tax Planning Startup Valuation 98

James Hendries

SEPTEMBER 20, 2022

Because Smith uses the cash method of accounting, he informs the IRS that he earned $40 for 2021. Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. We suggest that you consult with a qualified tax or legal professional.

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Tax Planning Taxes Planning Accounting 52

Carson Wealth

FEBRUARY 6, 2025

Whether you are saving for retirement, running a business, or planning for your family’s future, these updates could affect your financial decisions throughout the year. Staying informed about these tax updates isn’t just about being prepared for tax seasonit’s about making smart money moves all year long.

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Taxes Retirement Tax Planning Planning 60

Harness Wealth

JANUARY 29, 2025

Bunching strategies Bunching strategies are tax planning techniques used to maximize deductions by combining multiple years’ worth of deductible expenses into a single tax year. The Residential Clean Energy Credit offers up to 30% back on installation costs, helping reduce both your tax liability and energy expenses.

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Taxes Medical Distribution Tax Planning 52

Harness Wealth

MARCH 6, 2025

How Harness Can Help with Freelancer Taxes FAQs: Common Tax Questions for Freelancers and Contractors How Does the IRS Know If Youre Self-Employed? You need to actively inform the IRS of your new status. On the whole, its advisable to consult a tax adviso r to develop a dependable tax plan.

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Taxes Consulting Professional Services Tax Planning 52

Million Dollar Round Table (MDRT)

JULY 10, 2022

Both sessions aim to educate about the value and benefits of financial and tax planning, but no selling occurs. Rather, I follow up later for feedback and ask if they need more information. In the weekend seminar, I ask clients to give testimonials about our services for their guests to hear.

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Tax Planning Clients Communication Education 95

MazumaBusinessAccounting

APRIL 25, 2021

The information below will help you learn the basics of how to pay yourself as a small business owner, but we highly recommend talking to a tax or financial expert ( we’d love to chat with you! So additional personal tax planning may be required to make the draw method a benefit.

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Tax Planning Taxes Accounting Planning 98

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?

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Taxes Financial Advisor Consulting Certification 52

James Hendries

JANUARY 8, 2023

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The information provided is not intended to be a substitute for specific individualized tax planning or legal advice.

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Consulting Accounting Tax Planning Medical 98

Harness Wealth

OCTOBER 2, 2024

To attract new clients and foster long-term relationships, tax advisors could consider adopting digital marketing strategies. Lead capture forms: Include clear and enticing call-to-actions (CTAs), like “schedule a call,” paired with forms to collect client information.

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Taxes Tax Planning Marketing Marketing 52

Indigo Marketing Agency

DECEMBER 17, 2024

Theyre not just about sharing information they build trust and make you more relatable. Topics like How Market Volatility Affects Investments or Tax Planning Tips for Year-End are practical and relatable. Why It Works Personalized videos can increase email open rates by 19% and click-through rates by 65%.

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Marketing Marketing Financial Advisor Clients 52

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.

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Taxes Tax Planning Planning Estate Planning 104

Integrity Financial Planning

SEPTEMBER 11, 2023

Source: [1] [link] This article is designed to provide general information on the subjects covered. Pursuant to IRS Circular 230, it is not intended to provide specific legal or tax advice and cannot be used to avoid penalties or to promote, market, or recommend any tax plan or arrangement.

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Retirement Taxes Distribution Tax Planning 98

Harness Wealth

APRIL 16, 2025

Liquidity concerns often prompted investors to reverse conversions when they discovered insufficient funds to cover the resulting tax bill. This situation became particularly acute with large conversions that generated substantial tax liabilities. This article is a product of Harness Tax LLC.

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Taxes Retirement Retirement Planning Distribution 52

Integrity Financial Planning

AUGUST 21, 2023

Sources: [1] [link] [2] [link] [3] [link] [4, 8] [link] [5] [link] [6] [link] [7] [link] This article is designed to provide general information on the subjects covered. The post Important Retirement Options for Small Business Owners appeared first on Integrity Financial Planning, Inc.

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Retirement Retirement Planning Accounting Taxes 95

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.,

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Risk Tolerance Consulting Estate Planning Wealth Advisor 40

Darrow Wealth Management

MARCH 29, 2024

The credit reduces your tax liability to reflect prepaid tax. Here’s a summary of how exercising ISOs can trigger the alternative minimum tax – with examples. This is a general communication should not be used as the basis for making any type of tax, financial, legal, or investment decision.

Taxes 101

Taxes Tax Planning Planning Wealth Management 101