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 25, 2024

Over the past decade, a growing number of advisors have expanded into offering comprehensive financial planning services, reflecting a shift that not only helps them stand out from (increasingly commoditized) portfolio management offerings but also supports clients' broader financial goals.

Financial Planning 235

Financial Planning Sales Planning Retirement 235

Wealth Management

NOVEMBER 4, 2024

A single-minded strategy of tax avoidance is often not in a client’s best interest.

Taxes 320

Taxes 320

Wealth Management

NOVEMBER 7, 2024

Nisha Patel, CFA, managing director at Parametric, explores tax law changes, strategies, and tax-loss harvesting to maximize savings.

Taxes 230

Taxes Assets Management 230

Wealth Management

JANUARY 11, 2024

The ongoing case before the Supreme Court, which questions the constitutionality of taxing unrealized capital gains, holds significant implications for the future of wealth management.

Taxes 287

Taxes Wealth Management Management 287

Darrow Wealth Management

NOVEMBER 2, 2024

The IRA and Roth IRA contribution limits are unchanged but income eligibility for tax-deductible IRA contributions and Roth IRA contributions have changed. The 2025 income tax brackets and long-term capital gains tax rates are also updated. The 2025 income tax brackets and long-term capital gains tax rates are also updated.

Taxes 93

Taxes Wealth Management Distribution Accounting 93

Nerd's Eye View

NOVEMBER 19, 2024

Anjali is the Founder of FIT Advisors, an RIA based in Torrance, California (but works virtually with clients nationwide) and oversees $65 million in assets under management for 45 client households. Read More.

Clients 244

Clients Financial Advisor Business Planning Taxes 244

Wealth Management

DECEMBER 11, 2024

The deal will help SEI provide tax optimization unified managed household capabilities across the SEI Wealth Platform.

Taxes 243

Taxes Management 243

Wealth Management

JUNE 21, 2024

What wealth advisors need to know about taxing unrealized gains.

Taxes 311

Taxes Wealth Advisor 311

Wealth Management

JUNE 5, 2024

The United States opposes Brazil's proposed 2% annual tax on the ultrawealthy.

Taxes 296

Taxes 296

Wealth Management

JANUARY 15, 2025

foreign tax credits offsetting the net investment income tax. Three recent court cases have examined this issue of U.S.

Taxes 246

Taxes Investing Investments 246

Wealth Management

JULY 23, 2024

Helium founder and partner Howard Morin explains the benefits of bridging financial planning with deep tax expertise.

Taxes 316

Taxes Financial Planning Planning 316

Nerd's Eye View

NOVEMBER 4, 2024

This month's edition kicks off with the news that Holistiplan has announced the rollout of a new estate plan document extraction tool to stand alongside its highly popular tax return scanning tool – which highlights how advances in AI technology have allowed tools like Holistiplan to go beyond tax returns and scan nearly any kind of document (..)

Estate Planning 243

Estate Planning Planning Communication Clients 243

Abnormal Returns

SEPTEMBER 18, 2024

thefinancialbodyguard.com) There is a danger in jumping the gun on estate tax law changes. (crr.bc.edu) Personal finance Tony Isola, "Compound interest is apolitical." tonyisola.com) Investing shouldn't be exciting. wsj.com) How the IRS treats withholdings from RMDs. financialducksinarow.com) How Americans become 401(k) millionaires.

Management 287

Management Retirement Taxes Planning 287

The Big Picture

JANUARY 24, 2024

At the Money: How to Pay Less Capital Gains Taxes (January 24, 2024) We’re coming up on tax season, after a banner year for stocks. Successful investors could be looking at a big tax bill from the US government. On this episode of At the Money, we look at direct indexing as a way to manage capital gains taxes.

Taxes 246

Taxes Portfolio Wealth Management Management 246

Wealth Management

JANUARY 8, 2024

What were the significant tax and non-tax issues of last year? Speakers at Heckerling discuss tax planning, estate planning and philanthropy cases.

Tax Planning 292

Tax Planning Taxes Planning Estate Planning 292

Nerd's Eye View

MARCH 28, 2025

Read More.

Financial Planner 228

Financial Planner Retirement Retirement Planning Clients 228

Wealth Management

JANUARY 14, 2025

FP Alpha is unbundling its tax service from its larger offering. FP Alpha TAX is essential, as clients increasingly want tax help, according to Andrew Altfest.

Taxes 255

Taxes Clients 255

Wealth Management

JUNE 21, 2024

Some strategic actions and best practices in the wake of the sunsetting of the 2017 Tax Reform and Jobs Act in 2025.

Taxes 289

Taxes 289

Abnormal Returns

AUGUST 26, 2024

youtube.com) Michael Kitces talks with Kelli Kiemle, Managing Director of Growth and Client Experience of Halbert Hargrove, about maintaining culture across a remote firm. kitces.com) Matt Zeigler talks with Eben Burr of Toews Asset Management about his unique path through the industry.

Taxes 262

Taxes Financial Advising Financial Advice Planning 262

Wealth Management

FEBRUARY 26, 2024

As donors and their tax advisors report 2023 charitable gifts, they should ensure compliance with the substantiation requirements to avoid questions about, and possible disallowance of, their charitable deductions.

Taxes 281

Taxes Compliance 281

Nerd's Eye View

JANUARY 20, 2025

Luckily, alongside the increasing popularity of podcasts on a seemingly infinite range of topics, there is a growing ecosystem of podcasts aimed at financial advisors, covering everything from practice management and career development to technical topics, such as investment, tax, and estate planning.

Financial Advisor 246

Financial Advisor Financial Advice Financial Planner Estate Planning 246

Wealth Management

JANUARY 3, 2024

The 2024 election will play an essential role in determining what is and isn’t on the table for potential 2025 tax reforms.

Taxes 297

Taxes 297

Wealth Management

OCTOBER 4, 2024

The estate and gift tax exemption (set at $13.61 If Congress doesn’t act, that tax exemption will be cut in half to about $6 million. million per individual in 2024) is due to expire on Jan. To help your clients prepare for the real possibil

Taxes 267

Taxes Clients 267

Wealth Management

MARCH 18, 2025

The most pressing tax law developments of the past month.

Taxes 199

Taxes 199

Nerd's Eye View

JANUARY 31, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that following the change of administration (and a new incoming chair of the SEC), the Investment Adviser Association is seeking to find ways to help RIAs (particularly smaller firms) manage the compliance responsibilities they (..)

Financial Planner 245

Financial Planner Retirement Planning Compliance Taxes 245

Wealth Management

APRIL 9, 2024

The new role will partly support 55ip, whose CEO, Paul Gamble, revealed last week that he would step down from that post in September.

Assets 270

Assets Taxes Management 270

Nerd's Eye View

AUGUST 21, 2024

Irrevocable trusts lie at the heart of a variety of estate planning strategies, as gifts to irrevocable trusts can allow for the transfer of assets outside of an owner’s estate for estate tax purposes with more structure than an outright gift. the assets' original owner).

Taxes 246

Taxes Wealth Advisor Estate Planning Assets 246

Wealth Management

NOVEMBER 19, 2024

Allworth adds 25 tax professionals with its purchase of CCA, a CPA firm in Pleasant Hill, Calif.

Taxes 260

Taxes 260

Wealth Management

JANUARY 13, 2025

will lead Carson's new tax strategy. Debbie Taylor, who runs the 10-person Taylor Financial in Franklin Lakes, N.J.,

Taxes 245

Taxes 245

Nerd's Eye View

JANUARY 6, 2025

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: SEI has acquired LifeYield, which is designed to facilitate tax-efficient management of multiple accounts across an entire household, to bundle into its RIA custodial platform and investment management technology – underscoring (..)

Startup 188

Startup Financial Advisor Clients Portfolio Management 188

Nerd's Eye View

JANUARY 24, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that while overall financial advisor headcount remains relatively flat, the RIA channel continues to gain share in terms of both headcount (as brokers break away to start their own independent firms and aspiring advisors seek (..)

Financial Planner 246

Financial Planner Asset Allocation Clients Commission 246

Wealth Management

OCTOBER 7, 2024

The Cambria Tax Aware ETF and the Stance Sustainable Beta ETF will each be seeded with the appreciated securities of wealthy investors, who will swap their assets for shares in the funds rather than buy into them with cash.

Taxes 258

Taxes Assets 258

Wealth Management

OCTOBER 16, 2024

New UMA capabilities, personalized indexing, automated tax-loss harvesting and CTO Services announced for 2025 by Commonwealth.

Management 245

Management Investing Investments Taxes 245

Wealth Management

NOVEMBER 14, 2024

Kevin Knull, President of TaxStatus, reveals how a direct integration with the IRS is revolutionizing tax planning at Nitrogen's 2024 Fearless Investing Summit.

Taxes 233

Taxes Tax Planning Planning Investments 233

Abnormal Returns

NOVEMBER 11, 2024

(riabiz.com) What is the target market for MAGA-centric Strive Wealth Management? kitces.com) Practice management Should you outsource your marketing to an outside firm? kitces.com) Why growth is critical to a wealth manager. thinkadvisor.com) A year-end tax planning checklist. advisorperspectives.com)

Wealth Management 159

Wealth Management Estate Planning Tax Planning Financial Advisor 159

Wealth Management

DECEMBER 12, 2023

In this final episode of the Common Area podcast, listen to a replay of David Bodamer's conversation with Capital Square's Louis Rogers about the tax benefits of certain real estate structures.

Taxes 287

Taxes 287