Nerd's Eye View

MAY 31, 2023

The 2017 Tax Cuts & Jobs Act introduced a $10,000 limit on the State And Local Tax (SALT) deduction that was previously available for taxpayers who itemized their deductions. Another set of considerations involves owners of businesses that operate in multiple states, which can compound the complexity of electing a PTET.

Taxes 246

Taxes Planning Tax Planning Numbers 246

Nerd's Eye View

NOVEMBER 9, 2022

Health Savings Accounts (HSAs) are one of the most popular savings vehicles because of their triple-tax advantage: account owners can take an above-the-line tax deduction for eligible contributions, growth in the account is tax-deferred, and withdrawals are tax-free if they are used for qualified healthcare expenses.

Accounting 246

Accounting Taxes Healthcare Medical 246

Nerd's Eye View

JANUARY 24, 2025

Nonetheless, given the scale and brand awareness of the wirehouses, and as their own use of fee-based models increases (as opposed to primarily relying on commissions from selling products), competition for clients (and advisors) will likely remain stiff going forward, even amidst the favorable trends for RIAs Also in industry news this week: A recent (..)

Financial Planner 246

Financial Planner Asset Allocation Clients Commission 246

Wealth Management

MARCH 18, 2025

Jack Elder and Tracey Ullom describe how a survivorship standby trust may present an attractive alternative for married couples.

Taxes 180

Taxes 180

Abnormal Returns

FEBRUARY 12, 2025

wsj.com) On the downside of tax-deferred retirement accounts. morningstar.com) Wealth Tony Isola, "Wealth creation is about delaying and compounding present pleasures into the future, not constant stimulation and engagement." (theretirementmanifesto.com) The point of money is to be happy. Does it work? kitces.com)

Accounting 147

Accounting Retirement Taxes Marketing 147

The Big Picture

MARCH 2, 2025

But the more likely outcome, if present trends continue, is a party system so fractured that forming a coherent and stable government becomes nearly impossible. The underlying problem is the collapse in the pro-system parties of the center and the simultaneous rise of anti-system parties of the far right and far left.

Government 229

Government Food Startup Banking 229

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. What are the tax implications of secondary transactions? What are the tax challenges in secondary transactions? What tax strategies optimize secondary investments?

Taxes 52

Taxes Tax Planning Assets Compliance 52

Harness Wealth

JANUARY 29, 2025

Tax-loss harvesting is a powerful strategy that investors can use to reduce their taxable income. As effective as tax-loss harvesting can be, there are a number of important details that investors need to be aware of in order to implement the strategy successfully while following regulations. How does tax-loss harvesting work?

Taxes 52

Taxes Assets Sales Portfolio 52

Zajac Group

JANUARY 24, 2025

Now this begs the question If your late-stage private company presents a tender offer, whats the right move to make for your immediate and long-term financial well-being? Lets assume your company announces tomorrow that a tender offer is being presented to all employees with shares of company stock. Another downside to consider?

Taxes 52

Taxes Portfolio Investing Investments 52

Abnormal Returns

MAY 31, 2023

open.spotify.com) Taxes What Is a 83(b) election? thomaskopelman.com) Who is eligible for the retirement savings tax credit? tonyisola.com) "Personal Finance Mistakes You're Probably Making" a presentation by Prof. podcasts.apple.com) Morgan Housel on the 'art of spending money.' moneytalks101.substack.com) linkedin.com)

Retirement 246

Retirement Taxes Media Investing 246

Nerd's Eye View

NOVEMBER 1, 2023

There are many tax planning strategies that allow financial advisors to demonstrate the ongoing value they provide to clients in exchange for the fees they charge. Advisors also can support the backdoor Roth process by communicating with clients' tax preparers about the strategy and why they are recommending it for their mutual client.

Taxes 246

Taxes Accounting Clients Retirement Planning 246

The Big Picture

JULY 29, 2022

Compared to futuristic and spacey models like 2023 Genesis GV60 and the Kia EV6 , Audi’s crossovers present as very familiar vehicles that just happen to have an electric powertrain. These are all before federal and state tax credits. Unlike their EV competitors, Audi is simply electrifying their current line of ICE SUVs.

Taxes 290

Taxes 290

Abnormal Returns

APRIL 19, 2023

(open.spotify.com) Direct indexing Ten years of live numbers on a tax-loss harvesting program. peterlazaroff.com) Just in time for tax day, a custom indexing linkfest! axios.com) Peter Lazaroff on what direct indexing is and how it works.

Taxes 246

Taxes Planning Retirement Accounting 246

Zoe Financial

JANUARY 28, 2025

Nothing in these materials is intended to serve as personalized tax and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Facts presented have been obtained from sources believed to be reliable. Zoe Financial does not provide legal advice.

Marketing 98

Marketing Marketing Financial Advisor Taxes 98

Nerd's Eye View

DECEMBER 23, 2022

A review of financial planning actions, from tax-loss harvesting to charitable giving, that have a December 31 deadline. How the holiday season presents an opportunity to have important money-related conversations with family members. How ‘regifting’ can help save money and reduce waste. Read More.

Financial Planner 246

Financial Planner Retirement Planning Financial Planning Budgeting 246

Nerd's Eye View

JANUARY 8, 2024

represent our past and present industry's reactive focus on coming up with solutions to address client problems, Financial Advice 3.0 Peter Attia, author of the book Outlive: The Science & Art of Longevity , describes the trajectory of medicine in 3 stages: Medicine 1.0 Specifically, Financial Advice 3.0

Financial Advice 245

Financial Advice Medicine Financial Planning Estate Planning 245

Nerd's Eye View

OCTOBER 23, 2024

Though in practice, while a 1% AUM fee is a common 'starting point' in the industry, the actual fee structure can vary based on the firm's approach; for example, some firms may reduce the fee for high-net-worth clients, or charge an additional fee for separate and additional services (from deeper financial planning to add-ons like tax preparation).

Clients 246

Clients Financial Advice Financial Planning Financial Advisor 246

MainStreet Financial Planning

JANUARY 17, 2025

Keep a journal with a timeline from the date of the fire to the present day, documenting expenses for food, shelter, clothing, medications, and transportation. See the State of Emergency Tax Relief page for more information and a list of all tax programs covered by this relief. Or you may call 916-445-2684 Things to remember!

Medical 98

Medical Insurance Taxes Financial Planning 98

Nerd's Eye View

JANUARY 13, 2025

And for those who don't want to join the team full-time but would simply like to 'Nerd Out' with us for a bit and share what they do or know with their fellow advicers, remember to check out our "How To Contribute" page to see how you can engage with the Kitces platform as a guest writer, presenter, or podcast guest!

Financial Advice 141

Financial Advice Ethics Financial Planning Education 141

Nerd's Eye View

SEPTEMBER 8, 2023

Read More.

Financial Planner 246

Financial Planner CFP Clients Investment Planning 246

Fortune Financial

JULY 28, 2022

When you are presented with the option to distribute your assets, you will have the choice to roll them into an IRA or place the stock into a taxable account and then roll the remaining assets into an IRA or 401(k). However, the tax deferral benefit comes at a cost tradeoff. Watch to Learn More About General Rules Surrounding NUA.

Taxes 98

Taxes Planning Retirement Planning Distribution 98

Nerd's Eye View

JULY 8, 2024

interest rates, and relatively little new tax legislation (yet). After several turbulent years in both markets and workforces, 2024 appears to be the 'most normal' year of late, with strong market performance, cooling (or at least no longer rising!?)

Ethics 239

Ethics Education Financial Advice Taxes 239

The Big Picture

APRIL 15, 2023

Bloomberg ) • The Eurochip : The quest for the European microchip from the 1980s to the present. Phenomenal World ) • The False Promise of Opportunity Zones : Tax breaks for investors don’t help poor communities. As Fox and family insiders tell it, this could just be the beginning.

Electronics 277

Electronics Insurance Media Banking 277

Nerd's Eye View

MARCH 25, 2024

This can be curated by assessing present team needs (which means the theme will likely change from retreat to retreat). As a starting point, to get the most out of a team retreat, it's important to focus on 1 key theme driving the feeling that team members should leave with at the end of the retreat.

Planning 246

Planning Taxes Management Clients 246

Don Connelly & Associates

DECEMBER 16, 2024

Whether planning for retirement, investing in volatile markets, or managing tax implications, clients are often presented with intricate information that can leave them overwhelmed, confused, and anxious, undermining their ability to make informed decisions.

Communication 52

Communication Financial Advisor Financial Planning Clients 52

Nerd's Eye View

APRIL 7, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the T3/Inside Information Software Survey is available, providing insights into which technology tools advisors use and their level of satisfaction with them, which highlighted the continued rise of specialized financial planning (..)

Financial Planner 246

Financial Planner Ethics Financial Advisor Clients 246

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%.

Consulting 244

Consulting Financial Advice Engineering Financial Advisor 244

eMoney Advisor

APRIL 11, 2023

Financial planning and tax planning go hand in hand. Including tax planning as part of your service provides clients a comprehensive view of their finances and helps them achieve their financial goals. Start with Document Sharing The first step is to ask your clients to share their tax documents with you.

Tax Planning 77

Tax Planning Financial Advisor Taxes Planning 77

Zoe Financial

MARCH 24, 2025

Nothing in these materials is intended to serve as personalized tax and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Facts presented have been obtained from sources believed to be reliable. Ready to Grow Your Wealth?

Marketing 52

Marketing Marketing Economics Taxes 52

Tobias Financial

MARCH 16, 2025

This is a publication of Tobias Financial Advisors.The information presented is believed to be factual and up to date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. Professional advisors should be consulted before implementing any of the options presented.

Investing 52

Investing Investments Risk Tolerance Asset Allocation 52

Harness Wealth

MARCH 27, 2025

Pass-Through Entity Tax (PTET) is a state-level tax mechanism designed to sidestep the federal State and Local Tax (SALT) deduction limit. Allowing a pass-through entity to pay state income taxes directly, PTET effectively shifts the tax burden from individual owners to the business itself.

Taxes 52

Taxes Compliance Consulting Financial Planning 52

Zoe Financial

NOVEMBER 11, 2024

Nothing in these materials is intended to serve as personalized tax and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Facts presented have been obtained from sources believed to be reliable. Ready to Grow Your Wealth?

Marketing 52

Marketing Marketing Taxes Financial Advisor 52

Nerd's Eye View

FEBRUARY 5, 2024

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: Dispatch (formerly OneAdvisory) recently raised $8 million in seed funding as it seeks to provide a centralized data warehousing solution for advisory firms and eliminate the need for point-to-point data integrations between individual (..)

Estate Planning 246

Estate Planning Financial Planning Planning Wealth Management 246

The Big Picture

DECEMBER 12, 2022

It presents as a very professionally managed fund, and to their credit, Blackstone has done a great job making it easy to work with all of the major RIA custodians for this. They are why you sometimes owe capital gains taxes on mutual funds you have not yet sold. We kicked the tires of BREIT for possible inclusion on our platform.

Accounting 299

Accounting Commission Investing Investments 299

Harness Wealth

FEBRUARY 5, 2025

The rise of remote work and digital nomadism has made FEIE a common tax minimization strategy for Americans living abroad. What is the Foreign Tax Credit (FTC)? Financial and lifestyle considerations of living abroad The importance of professional tax advice for expats FAQs about the FEIE What is the Foreign Earned Income Exclusion?

Taxes 52

Taxes Compliance Accounting Government 52

Zoe Financial

FEBRUARY 3, 2025

Nothing in these materials is intended to serve as personalized tax and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Facts presented have been obtained from sources believed to be reliable. Ready to Grow Your Wealth?

Marketing 52

Marketing Marketing Taxes Economics 52

Harness Wealth

JANUARY 9, 2025

Backdoor strategies are retirement contribution methods that allow individuals to bypass income limits and contribute to tax-advantaged retirement accounts. The strategies typically involve making after-tax contributions to a traditional IRA or 401(k), then converting those funds into a Roth IRA or Roth 401(k). Complex setup process.

Taxes 52

Taxes Planning Retirement Retirement Planning 52