Remove 2010 Remove Communication Remove Tax Planning
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Cerulli: Gen X Presents the Next Great Opportunity for Financial Advisors

Wealth Management

As a result, financial advisors should start honing the services Gen X members will likely benefit from the most, including retirement planning, estate and tax planning and mortgage refinancing. Between 2007 and 2010, they lost 38% of their median net worth, or $24,000, more than any other age cohort. trillion annually.

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Effective Implementation Of A Backdoor Roth Strategy: Detailed Nuances, IRS Form 8606 (And When It’s Even Worth Doing)

Nerd's Eye View

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.

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Talent Acquisition in the Tax Industry: Addressing the Ongoing Shortage

Harness Wealth

Since 2010, there has been a 20% decrease in accounting graduates. Delivering accurate and timely compliance requires enough personnel with the necessary expertise, and the shortage is compromising this fundamental aspect of tax practice. How does the accountant shortage impact firms during tax season?

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Transcript: Ted Seides

The Big Picture

SEIDES: But market returns across — RITHOLTZ: The past decade, 2010 to 2020, we were what? SEIDES: And I’ll tell you a story that’s fun about the communication of it too. So I think that argument is very valid in those couple of years, 2009, 2010 probably, maybe 2011, which was a tough year for hedge funds.

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Qualified Small Business Stock (QSBS): Explaining the Gain Exclusion

Darrow Wealth Management

Unfortunately, the Commonwealth also passed a ‘millionaire tax’, which adds a 4% surtax to taxable income over $1M , even for one-time sudden wealth events. To expand the tax benefits past the 10x/$10M limits, consider planning strategies such as gifting stock to family members.

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The Long Game: Roth Conversions & Legacy Planning

Brown Advisory

In this brief, we will review the mechanics of traditional and Roth IRAs, the rules concerning Roth conversions, and when it makes sense for families to consider a Roth conversion as a part of their legacy plans. Paying tax now instead of later goes against the grain of conventional tax planning.

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The Long Game: Roth Conversions & Legacy Planning

Brown Advisory

In this brief, we will review the mechanics of traditional and Roth IRAs, the rules concerning Roth conversions, and when it makes sense for families to consider a Roth conversion as a part of their legacy plans. Paying tax now instead of later goes against the grain of conventional tax planning. Background.