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 Taxes 243

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

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

Wealth Management

DECEMBER 6, 2022

The measure, known as Proposition ULA, boosts the one-time transfer tax to 4 percent for property deals between $5 million and $10 million, and 5.5 The current rate on all sales is 0.45 percent for transactions of $10 million and above.

Taxes 241

Taxes Sales 241

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 247

Taxes Portfolio Wealth Management Management 247

Abnormal Returns

OCTOBER 27, 2024

msn.com) How big a disappointment are Apple ($AAPL) VIsion Pro sales? npr.org) How the alcohol lobby has kept higher taxes at bay. (humbledollar.com) Companies How did Boeing ($BA) go so wrong? wsj.com) Taiwan Semiconductor's ($TSM) Arizona plant is outperforming those in Taiwan. awealthofcommonsense.com) R&D spending in the U.S.

Financial Advising 293

Financial Advising Economics Media Taxes 293

Wealth Management

SEPTEMBER 18, 2023

One way to mitigate the impact of a failed exchange is “tax straddling,” which involves timing the exchange so the sale falls in one tax year and the receipt of proceeds in the following year.

Taxes 317

Taxes Sales 317

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 Portfolio Sales 52

Harness Wealth

MARCH 6, 2025

Freelancers and contractors may enjoy greater flexibility and independence than full-time employees, however, this autonomy brings increased tax responsibility. Unlike W-2 employees, freelancers and independent contractors are responsible for managing their own tax obligations, which can be a complex process.

Taxes 52

Taxes Consulting Professional Services Tax Planning 52

Harness Wealth

JANUARY 10, 2025

Tax advice is a common topic on social media platforms like TikTok. Influencers promise easy ways to secure tax deductions, simplifying complex ideas into bite-sized claims that gloss over important details in the process. Can Hiring Your Children Help You Save on Taxes? Can You Claim Your Pet as a Tax Write-Off?

Taxes 52

Taxes Assets Media Education 52

Abnormal Returns

JANUARY 24, 2025

drorpoleg.com) Crypto MicroStrategy ($MSTR) has a tax dilemma. ft.com) More tax-free ETF conversions are coming. bigtechnology.com) Economy Sales of existing homes in the US hit their lowest level since 1995. Strategy Market consensus is max bullish. downtownjoshbrown.com) How to find, and invest in, meme-worthy stocks.

Food 147

Food Taxes Media Economy 147

Calculated Risk

DECEMBER 7, 2022

One of my favorite models for business cycle forecasting uses new home sales (also housing starts and residential investment). I also look at the yield curve, but I've found new home sales is generally more useful. Note that Residential Investment is quarterly and single-family starts and new home sales are monthly.

Sales 361

Sales Economy Engineering Investing 361

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. Find your next tax advisor at Harness today. Starting at $2,500.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Calculated Risk

SEPTEMBER 16, 2022

One of my favorite models for business cycle forecasting uses new home sales (also housing starts and residential investment). I also look at the yield curve, but I've found new home sales is generally more useful. Note that Residential Investment is quarterly and single-family starts and new home sales are monthly.

Sales 363

Sales Economy Economics Investing 363

The Big Picture

MAY 9, 2024

Not if you spend tax season on a boat! It is a massive Dunning Kruger : exercise in inexperienced but overly confident “ Finfluencers ” reducing complex issues involving money to a slick but misleading sales pitch. A good start would be eliminating all of the terrible FinTok advice on taxes, day trading and investing.

Media 336

Media Taxes Math Investing 336

Harness Wealth

JANUARY 29, 2025

April 15 marks the IRS tax return filing deadline for 2025. Although this is the traditional tax filing deadline, given the spate of recent natural disasters (such as the California wildfires and Hurricane Milton), the IRS is granting certain filing and payment extensions beyond this date.

Taxes 52

Taxes Medical Distribution Tax Planning 52

Calculated Risk

MAY 29, 2023

One of my favorite models for business cycle forecasting uses new home sales (also housing starts and residential investment). Note that Residential Investment is quarterly and single-family starts and new home sales are monthly. New home sales peaked in 2020 as pandemic buying soared.

Sales 363

Sales Economy Banking Economics 363

Carson Wealth

FEBRUARY 6, 2025

Every year brings changes in tax rules, and 2025 is no exception. Staying informed about these tax updates isn’t just about being prepared for tax seasonit’s about making smart money moves all year long. More Money Protected from Taxes Good news for your walletyou can shield more of your income from taxes in 2025.

Taxes 58

Taxes Retirement Tax Planning Planning 58

Carson Wealth

DECEMBER 20, 2024

Strategic charitable giving not only benefits the recipient but can also create significant tax advantages for the giver. You can deposit money into the account now, receive the tax benefit, and then make the donation in your own time. Theres no time limit on when you need to make the donation.

Financial Planning 108

Financial Planning Planning Estate Planning Taxes 108

Harness Wealth

FEBRUARY 4, 2025

However, unlike stocks and bonds, alternative investments, or alts as theyre commonly known, have unique tax treatments and complex reporting requirements that investors should carefully consider before investing. Well also go into some potential strategies to optimize tax efficiency. How Are Alternative Investments Taxed?

Taxes 52

Taxes Investing Investments Startup 52

Calculated Risk

MARCH 7, 2024

Tax refunds have picked up over the last two weeks, with the average refund now 4% higher than 2023 levels at this time. This index from Manheim Consulting is based on all completed sales transactions at Manheim’s U.S. This has put money into consumers’ pockets, and retail purchase activity is increasing. year-over-year (YoY).

Consulting 344

Consulting Retail Taxes Economics 344

Wealth Management

FEBRUARY 13, 2023

states are looking at legislation that would forbid the sale of real estate to Chinese citizens or companies, according to GlobeSt.com. Real estate donor to New York Governor Kathy Hochul’s campaign could benefit from new housing tax breaks, reports the New York Post. About a dozen U.S.

Taxes 246

Taxes Sales 246

Abnormal Returns

APRIL 18, 2023

wsj.com) Economy New home sales have seemingly bottomed. abnormalreturns.com) Just in time for tax day, a custom indexing linkfest! newsletter.abnormalreturns.com) Mixed media Americans spend more time filling out their taxes than other countries. apnews.com) Why getting a tax refund may not be irrational.

Financial Advising 241

Financial Advising Taxes Media Economy 241

Trade Brains

DECEMBER 18, 2023

Top 5 Tax Havens In The World : Where most of us are already annoyed by the mere thought of paying income taxes, have you ever wondered how super-rich people avoid taxes legally? They park their money in tax-haven countries where it’s easy to evade taxes. What’s a Tax Haven? Top 5 Tax Havens In The World I.

Taxes 105

Taxes Government Sales Insurance 105

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 111

Taxes Nonprofit Accounting Assets 111

Calculated Risk

FEBRUARY 6, 2025

Northeastern markets drove appreciation growth due to low inventories of homes for sale while Southern markets readjusted to higher inventories and increases in variable mortgage costs, such as taxes and insurance. "Bifurcation across markets has also persisted.

Insurance 147

Insurance Taxes Sales Marketing 147

Abnormal Returns

DECEMBER 25, 2023

riabiz.com) DPL Financial Partners is seeing growth in commission-free annuity sales. morningstar.com) Wealthy couples have some tax levers to pull in retirement. (morningstar.com) A list of the most popular podcasts for financial advisers. linkedin.com) The biz Vestwell just raised a new $125 billion Series D.

Financial Advising 289

Financial Advising Startup Commission Financial Advice 289

Mish Talk

NOVEMBER 29, 2022

Existing Home Sales Decline 9th Month, Down Another 5.9 Existing home sales from the National Association of Realtors via St. With the Fed rate hikes, Existing Home Sales Decline 9th Month, Down Another 5.9 Percent Existing Home Sales Crash Existing home sales are down 28.4% Existing home sales are down 31.7%

Sales 285

Sales Economics Consulting Economy 285

Darrow Wealth Management

NOVEMBER 17, 2022

In November 2022, proponents of the Massachusetts ‘millionaires’ tax (question 1) won their bid to nearly double the income tax rate on individuals with taxable income over $1M a year. As proposed, the new legislation would increase these tax rates to 9% and perhaps even 16% , respectively, starting in 2023.

Taxes 107

Taxes Wealth Management Tax Planning Planning 107

Abnormal Returns

NOVEMBER 6, 2023

riaintel.com) How to prep an RIA for sale. (fa-mag.com) papers.ssrn.com) Taxes A 2023 year-end tax planning guide. (citywire.com) Choreo is buying the wealth management business of BDO USA. investmentnews.com) M&A The RIA model continues to take share. fa-mag.com) Research into how RIAs grow.

Wealth Management 264

Wealth Management Retirement Planning Tax Planning Financial Advisor 264

Calculated Risk

FEBRUARY 7, 2024

As we move into tax refund season, we expect to see a bit more activity in the wholesale market, and we maintain that 2024 should show more normal market trends through the year.” This index from Manheim Consulting is based on all completed sales transactions at Manheim’s U.S. month-over-month change showed stronger values than the 0.2%

Consulting 314

Consulting Taxes Economics Sales 314

Calculated Risk

APRIL 21, 2023

in Washington to 21.5% in Washington to 21.5%

Numbers 278

Numbers Sales Taxes 278

The Big Picture

APRIL 11, 2024

In the 1960 and 70s, Merrill Lynch was bullish on America – they set their sales staff loose trying to sell the American dream to upper-middle class households. And even still, fund fees and taxes remained a major cost element. That powered the decades-long boom that came after the war. Lots of other active managers did well.

Commission 351

Commission Taxes Management Electronics 351

Abnormal Returns

MAY 8, 2023

riabiz.com) First Republic First Republic saw a wave of adviser departures prior to the sale to JP Morgan Chase ($JPM). thinkadvisor.com) The latest in advisortech news from April including the SEC's scrutiny of tax-loss harvesting systems. sciencedaily.com) How tax-adjusting a portfolio works in practice.

Wealth Management 246

Wealth Management Estate Planning Taxes Valuation 246

Abnormal Returns

MAY 21, 2023

nytimes.com) Taxes Tax filing companies are lining up against the IRS offering a free filing option. npr.org) Why the IRS is scrutinizing new claims for the employee tax retention credit. tker.co) The mix of light vehicle sales keeps shifting toward pickups and SUVs.

Financial Advising 242

Financial Advising Startup Taxes Financial Services 242

Abnormal Returns

JULY 9, 2023

crr.bc.edu) We are going to need a replacement for the gasoline tax. nytimes.com) How expanded child tax credits were used. awealthofcommonsense.com) Heavy truck sales are up some 15% year-over-year. (institutionalinvestor.com) Policy Why migrants are fleeing Florida. wsj.com) There is no Social Security trust fund to invest.

Financial Advising 246

Financial Advising Taxes Economy Media 246

The Big Picture

OCTOBER 18, 2022

We have discussed in the past why the actual purchase price of a home matters less than the monthly carrying costs: The sale price is somewhat abstract while homeowners must pay their monthly mortgage, utilities, HOA, and taxes.

Budgeting 363

Budgeting Economy Taxes Numbers 363