Harness Wealth

MAY 2, 2025

The Tax Cuts and Jobs Act (TCJA)the 2017 tax code overhaul designed to boost economic growthis set to expire on December 31, 2025. Unless Congress intervenes, the TCJAs sunset will usher in a swathe of tax increases in 2026, with analysts estimating that over $4 trillion worth of tax hikes could take effect.

Taxes 52

Taxes Clients Insurance Distribution 52

WiserAdvisor

JULY 4, 2025

Capital gains tax Capital gains tax is what you pay on the profits you earn from selling your capital assets. These include things like stocks, bonds, mutual funds, and other assets. Now, there are two types of capital gains – short-term and long-term, and they are taxed differently.

Taxes 59

Taxes Transportation Medical Financial Advisor 59

Harness Wealth

JANUARY 28, 2025

Harness makes it easy to find tax and financial advisors best suited to your needs. GET STARTED What are the capital gains tax changes in 2025? For individuals with investments in assets such as stocks, real estate, and other securities, changes in the capital gains taxespecially long-term capital gainswill be particularly relevant.

Taxes 52

Taxes Planning Retirement Accounting 52

Nerd's Eye View

NOVEMBER 13, 2024

Furthermore, the Trump campaign has proposed a number of additional tax cuts, including tax-free treatment of income from tips, overtime pay, and Social Security benefits, and even eliminating income tax entirely in favor of tariffs. Read More.

Tax Planning 246

Tax Planning Taxes Planning Assets 246

Nerd's Eye View

APRIL 5, 2023

Given how frequently the tax code changes, advisors can add value for clients by ensuring their estate plans are aligned with current law to meet the clients’ objectives, and not with past rules that may no longer apply to them. However, the passage of TCJA resulted in the estate gift tax exemption nearly doubling (from $5.6M

Estate Planning 246

Estate Planning Planning Taxes Clients 246

Brown Advisory

DECEMBER 4, 2017

2017 Year-End Planning Letter. Mon, 12/04/2017 - 13:10. presidential election, we have grappled with the lack of clarity regarding the details of new tax legislation. The outcome of the tax reform debate is likely to impact how we advise clients on tax planning, estate planning and a host of other topics.

Planning 52

Planning Taxes Clients Tax Planning 52

Darrow Wealth Management

JULY 1, 2024

The 2017 Tax Cuts and Jobs Act (TCJA) brought sweeping changes to the tax code, impacting every taxpayer and business owner. At that point, many provisions will revert to 2017 levels, adjusted for inflation. For example, in 2017, the marginal tax brackets were 10%, 15%, 25%, 28%, 33%, 25%, and 39.6%.

Taxes 105

Taxes Tax Planning Planning Estate Planning 105

Yardley Wealth Management

MARCH 1, 2022

Part 3: Tax-Wise Financial Planning In our last two pieces, we covered some tools of the tax-planning trade, as well as how to deploy them for tax-efficient investing. But tax planning isn’t just for your investments. But we can weave each event into the tax-planning fabric of your financial life.

Financial Planning 52

Financial Planning Taxes Planning Tax Planning 52

Yardley Wealth Management

MARCH 1, 2022

Part 3: Tax-Wise Financial Planning. In our last two pieces, we covered some tools of the tax-planning trade, as well as how to deploy them for tax-efficient investing. . But tax planning isn’t just for your investments. Each can translate into tax-planning challenges and opportunities: .

Financial Planning 52

Financial Planning Taxes Planning Tax Planning 52

Darrow Wealth Management

JULY 1, 2024

The 2017 Tax Cuts and Jobs Act (TCJA) brought sweeping changes to the tax code, impacting every taxpayer and business owner. At that point, many provisions will revert to 2017 levels, adjusted for inflation. For example, in 2017, the marginal tax brackets were 10%, 15%, 25%, 28%, 33%, 25%, and 39.6%.

Taxes 52

Taxes Tax Planning Planning Estate Planning 52

Darrow Wealth Management

JANUARY 9, 2023

Starting in 2024, individuals who left assets in a Roth employer plan won’t be subject to mandatory distributions during their life. As with any financial decision, there are pros and cons to leaving money in an employer plan vs rolling it over. is just another massive change in tax law in the last few years.

Accounting 59

Accounting Taxes Tax Planning Distribution 59

Harness Wealth

MAY 19, 2025

Whether you are starting a new business or evaluating your current structure, gaining a clear understanding of C Corp taxation will help you make informed decisions and optimize your tax strategy. This means the corporation files its own tax return and pays taxes on its profits at the corporate tax rate.

Taxes 52

Taxes Tax Planning Compliance Planning 52

Harness Wealth

MAY 2, 2025

The Tax Cuts and Jobs Act (TCJA)the 2017 tax code overhaul designed to boost economic growthis set to expire on December 31, 2025. Unless Congress intervenes, the TCJAs sunset will usher in a swathe of tax increases in 2026, with analysts estimating that over $4 trillion worth of tax hikes could take effect.

Taxes 52

Taxes Clients Insurance Distribution 52

Harness Wealth

MARCH 11, 2024

Donors who contribute to a DAF can deposit cash, securities, or other assets into the fund. The donor relinquishes ownership of the assets but retains advisory privileges over how the contributions are invested and how grants are distributed to charities.

Startup 59

Startup Taxes Medical Retirement 59

Yardley Wealth Management

OCTOBER 13, 2021

For example, as reported by Dimensional Fund Advisors, $1 invested in the S&P 500 Index from 1926–2017 would have grown to $533 worth of purchasing power by the end of 2017, after adjusting for Inflation. Over time, global stock market returns have dramatically outpaced Inflation.

Retirement Planning 52

Retirement Planning Retirement Wealth Accumulation Wealth Management 52

James Hendries

DECEMBER 11, 2022

Tax Planning – Have necessary steps been taken toward filing required business and individual tax returns, so they get filed on time? The type of business will determine the tax consequence. Tax Changes. The Tax Cuts and Jobs Act of 2017 (TCJA) lowered the corporate income tax rate from 35 percent to 21 percent.

Planning 52

Planning Taxes Insurance Accounting 52

Brown Advisory

APRIL 1, 2020

These planning opportunities are driven primarily by four factors: Materially lower market values for publicly traded securities, and a likely downturn in valuations of real estate and other illiquid assets.

Strategic Planning 52

Strategic Planning Planning Marketing Marketing 52

Brown Advisory

APRIL 1, 2020

These planning opportunities are driven primarily by four factors: Materially lower market values for publicly traded securities, and a likely downturn in valuations of real estate and other illiquid assets.

Strategic Planning 52

Strategic Planning Planning Marketing Marketing 52

The Big Picture

AUGUST 15, 2023

So if you start with the S&P 500 or in this case stocks and bonds, you only have two asset classes, right. So the proper benchmark for those pools has to look a little bit like the underlying assets they’re investing in. If you look at the types of assets that Yale invests in, you can create a benchmark for each pool.

Management 130

Management Investing Investments Government 130

Nationwide Financial

MARCH 6, 2023

Like individuals, businesses holding investments and other capital assets should consider other income, gains, and losses when determining when to sell capital assets. Defer income Clients may consider putting off asset sales or delaying receipt of other income until next year to reduce 2023 taxable income.

Tax Planning 78

Tax Planning Taxes Planning Distribution 78

Harness Wealth

DECEMBER 8, 2022

Tax loss harvesting involves selling losing investments to offset capital gains, thus limiting the taxes you owe. While it doesn’t always make sense to take a loss on investments, evaluate your portfolio and consider whether selling some poorly performing assets may make sense in your situation. Charitable giving.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Harness Wealth

JULY 29, 2024

Sunset of the Tax Cuts and Jobs Act While a handful of the changes to tax law under the Tax Cuts and Jobs Act of 2017 (the TCJA) have been made permanent (such as the C corporation tax rate and the changes to the income tax treatment of alimony), many of the TCJA changes will sunset as of December 31, 2025.

Estate Planning 59

Estate Planning Taxes Planning Tax Planning 59

Brown Advisory

AUGUST 1, 2019

Roth and traditional IRAs both provide tax-free growth on invested assets to account owners, but the two options also differ in a variety of ways. From a legacy planning standpoint, two distinctions are especially important: Roth IRAs do not require their owners or spouses to take mandatory distributions.

Planning 52

Planning Distribution Taxes Accounting 52

Brown Advisory

AUGUST 1, 2019

Roth and traditional IRAs both provide tax-free growth on invested assets to account owners, but the two options also differ in a variety of ways. From a legacy planning standpoint, two distinctions are especially important: Roth IRAs do not require their owners or spouses to take mandatory distributions.

Planning 52

Planning Distribution Taxes Accounting 52

Carson Wealth

FEBRUARY 29, 2024

Giving and exchanging property and assets were once frequently used as a way to avoid taxes. Essentially, money-savvy wealth builders would gift and re-gift assets to shrink their tax footprint. They also used inheritances as a strategy to pass on significant wealth without paying taxes that would normally apply.

Financial Planning 96

Financial Planning Taxes Planning Estate Planning 96

Fortune Financial

FEBRUARY 4, 2024

With our deep expertise and qualifications in NUA strategies, our experts are adept at navigating the complexities of tax-efficient retirement planning. Explore the Fortune Financial advantage in transforming how you manage your retirement assets and bringing you closer to achieving your financial dreams.

Retirement 59

Retirement Retirement Planning Distribution Taxes 59

The Irrelevant Investor

JANUARY 2, 2021

Morgan Asset & Wealth Management just put out their 2021 outlook. If Biden has it his way, corporations will pay more taxes than they have in the recent past. Cembalest notes, "In aggregate, Biden’s corporate tax plans would raise $2.2 Intangible asset shares were 20% in 1975, 30% in 1985 and 80% by 2005.

Taxes 52

Taxes Assets Government Tax Planning 52

Sara Grillo

SEPTEMBER 11, 2023

The “old way” – does it neglect IRMAA planning? The advisor collects the highest possible AUM fee, throws the assets into a TAMP, and then goes to play golf. Tax questions we should ponder more deeply Advisors are working on a way that is outdated when it comes to IRMAA planning. It’s time for a revamp.

Planning 111

Planning Financial Advisor Taxes Retirement 111

The Big Picture

OCTOBER 3, 2023

Starting at the beginning of the administration in 2017. We dive deep into all sorts of things about running businesses, managing risk, and then when we began talking about his public sector service, we went deep into the Tax Cuts and Job Act of 2017. You’ve got a big asset management business that you care about.

Taxes 274

Taxes Banking Clients Management 274