Nerd's Eye View

SEPTEMBER 5, 2022

Welcome to the September 2022 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Financial Advisor 173

Financial Advisor Estate Planning Accounting Taxes 173

Good Financial Cents

JANUARY 19, 2023

A major decision in retirement planning is whether to make pre-tax or Roth (after-tax) 401k contributions. Pre-tax contributions go into your retirement account with money that has not been taxed, and then taxes will be paid when the funds are withdrawn in retirement.

Taxes 96

Taxes Retirement Accounting Consulting 96

MainStreet Financial Planning

MARCH 7, 2023

It is March…that means you have just about 5 weeks left to get organized and submit your tax return. The tax deadline is April 18, 2023 (some taxpayers in disaster areas in California, Georgia and Alabama have an extended deadline). Gathering all your documents is crucial to complete a tax return free of mistakes.

Taxes 87

Taxes Retirement Planning Distribution Planning 87

Your Richest Life

APRIL 5, 2022

If you’ve already filed your taxes and received your refund, you might already be thinking of ways to use that refund. Here are some tips for putting that money to the best possible use in 2022: Avoid impulse tax refund spending. If you received a tax refund, then you might already be imagining different ways to spend it.

Taxes 52

Taxes Budgeting Accounting Fee Only 52

Brown Advisory

JUNE 5, 2023

2022 Impact Report: Tax-Exempt Sustainable Fixed Income Strategy bgregorio Mon, 06/05/2023 - 05:22 A Letter of Introduction From The Portfolio Managers Our 2022 impact report builds on our commitment to measuring, documenting and communicating the outcomes that our strategy produces for our clients.

Taxes 52

Taxes Portfolio Management Portfolio Communication 52

Wealth Management

NOVEMBER 23, 2022

Lothes highlight the most important tax law developments of the past month. Handler and Alison E.

Taxes 60

Taxes 60

Wealth Management

APRIL 20, 2023

Lothes highlight the most important tax developments of the past month. Handler and Alison E.

Taxes 52

Taxes 52

Your Richest Life

JUNE 30, 2023

If you were surprised at tax time this year, then you’re not alone. 2022 tax refunds were about 10 percent smaller than they were last year, and for those who owed money, they tended to owe more than they expected. Taking the time now to make some strategic moves can lead to some significant savings on your taxes for the year.

Taxes 78

Taxes Retirement Financial Planner Accounting 78

Wealth Management

DECEMBER 22, 2022

The Patagonia Purpose Trust, and how high-net-worth individuals combine tax mitigation and charitable intent, was a thematic story in 2022 for advisors.

Planning 103

Planning Taxes 103

Wealth Management

SEPTEMBER 22, 2022

Lothes highlight the most important tax law developments of the past month. Handler and Alison E.

Taxes 56

Taxes 56

Wealth Management

AUGUST 29, 2022

Lothes highlight the most important tax law developments of the past month. Handler and Alison E.

Taxes 56

Taxes 56

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 95

Taxes Wealth Management Tax Planning Compensation Planning 95

Nerd's Eye View

AUGUST 29, 2022

For most advisory firms, 2022 has been a year of relative stability, market volatility notwithstanding. Which means now it’s time once again to take at least a brief pause to get some feedback about how we’re doing.

Financial Advisor 190

Financial Advisor CFP Taxes Clients 190

Cornerstone Financial Advisory

OCTOBER 31, 2022

Source: Econoday, October 28, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, October 28, 2022 Companies mentioned are for informational purposes only. Did you know that the IRS has an app that makes it easy to check some things off your tax to-do list? Get tax help. CNBC, October 27, 2022.

Marketing 85

Marketing Marketing Economics Taxes 85

Wealth Management

FEBRUARY 22, 2023

During the fourth quarter of 2022, 66 independent financial professionals affiliated with the tax-centric broker/dealer.

Recruitment 98

Recruitment Assets Taxes 98

Wealth Management

JANUARY 23, 2023

The criminal investigative arm of the IRS counts down their biggest cases of the past year.

Taxes 109

Taxes 109

Cornerstone Financial Advisory

AUGUST 1, 2022

Source: Econoday, July 29, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, July 29, 2022 Companies mentioned are for informational purposes only. Don’t Forget to Take Advantage of the Work Opportunity Tax Credit. This information is not intended to be a substitute for specific, individualized tax advice.

Marketing 81

Marketing Marketing Taxes Economics 81

Financial Symmetry

FEBRUARY 27, 2023

The Inflation Reduction Act, passed in August 2022, brought with it a significant investment into clean energy, and numerous changes to the preexisting electric vehicle tax credit. appeared first on Financial Symmetry, Inc.

Taxes 52

Taxes Investing Investments 52

Walkner Condon Financial Advisors

MARCH 16, 2023

As we are now within 30 days of the April 18 tax filing deadline (April 15 falls on a weekend and April 17 is a federal holiday), it is important to begin organizing your documents and creating a plan to file your taxes, if you have not done so already. Filing Late One of the most common mistakes is filing your tax return late.

Taxes 52

Taxes Accounting Education Assets 52

Validea

JUNE 1, 2023

In 2022, investors were hit hard by double-digit capital gains distributions in their actively-managed mutual funds as a result of managers reconfiguring portfolios because of market volatility. The post Malkiel: Enhance Index Investing With Tax-Loss Harvesting appeared first on Validea's Guru Investor Blog.

Taxes 52

Taxes Investing Investments Distribution 52

Validea

MAY 26, 2023

In 2022, investors were hit hard by double-digit capital gains distributions in their actively-managed mutual funds as a result of managers reconfiguring portfolios because of market volatility. The post Malkiel: Enhance Index Investing With Tax-Loss Harvesting appeared first on Validea's Guru Investor Blog.

Taxes 52

Taxes Investing Investments Distribution 52

Carson Wealth

AUGUST 23, 2022

Many investors favor these accounts for their significant tax advantages, which can include tax-deductible contributions. . However, not all retirement plan contributions are tax deductible. Learn how tax advantages vary and when your contributions to retirement savings are tax deductible. . Income Limits .

Retirement Planning 52

Retirement Planning Retirement Taxes Planning 52

Cornerstone Financial Advisory

OCTOBER 3, 2022

Rising recession fears and uncertainty in the bond and currency markets sent stocks to new 2022 lows last week. During the previous week, the Bank of England (BOE) raised interest rates, and its prime minister announced unfunded tax cuts that the markets interpreted as inflationary. With Shared Custody, Taxes Can Get Complicated.

Marketing 59

Marketing Marketing Taxes Economics 59

Ballast Advisors

NOVEMBER 21, 2022

What are appropriate checklists for year-end tax planning? Tax planners often develop checklists to guide taxpayers toward year-end strategies that might help reduce taxes. Certain tax benefits may be available if you can claim an individual as a dependent. Family tax planning. Filing status and dependents.

Tax Planning 52

Tax Planning Taxes Planning Retirement Planning 52

The Big Picture

APRIL 3, 2023

trillion as of the end of 2022. Given the rough year markets had in 2022, including all of the held asset classes, it is an impressive, albeit curious showing. The group also names 2022’s Best of, including Fund, Asset Class, Region, and Industry of the Year (all found here ). Its an amazing collection of charts and data.

Assets 304

Assets Consulting Taxes Marketing 304

Cornerstone Financial Advisory

DECEMBER 19, 2022

The FOMC ended its last meeting of 2022 by raising interest rates another 0.5% Source: Econoday, December 16, 2022. Source: Zacks, December 16, 2022. Well-organized recordkeeping makes it easier to prepare your tax return and provide evidence of tax deductions. The Wall Street Journal, December 16, 2022.

Marketing 59

Marketing Marketing Economics Taxes 59

Cornerstone Financial Advisory

DECEMBER 5, 2022

Source: Econoday, December 2, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, December 2, 2022 Companies mentioned are for informational purposes only. Here are some quick facts about both of them: A traditional IRA is a tax-advantaged personal savings plan where contributions may be tax deductible.

Marketing 59

Marketing Marketing Taxes Investment Advisor 59

MarketWatch

FEBRUARY 23, 2023

million in tax revenue from legal cannabis sales in the fourth quarter, down from $330.53 The state recorded zero dollars in cultivation tax in the fourth quarter, compared to $40.1 million in cultivation tax in the year-ago quarter. The state recorded zero dollars in cultivation tax in the fourth quarter, compared to $40.1

Taxes 75

Taxes Sales Marketing Marketing 75

Cornerstone Financial Advisory

NOVEMBER 7, 2022

Source: Econoday, November 4, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, November 4, 2022 Companies mentioned are for informational purposes only. Here are some things to know about ABLE accounts: This tax-advantaged savings account doesn’t affect their eligibility for government assistance programs.

Marketing 59

Marketing Marketing Taxes Investment Advisor 59

Cornerstone Financial Advisory

OCTOBER 10, 2022

prime minister’s decision to reverse a tax cut proposal that had upended financial markets the previous week lifted investors. Source: Econoday, October 7, 2022. Source: Zacks, October 7, 2022. Essential Tax Reminders for People Selling a Home. The Wall Street Journal, October 7, 2022. CNBC, October 3, 2022.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

NOVEMBER 21, 2022

Source: Econoday, November 18, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, November 18, 2022 Companies mentioned are for informational purposes only. This information is not intended to be a substitute for specific individualized tax advice. The Wall Street Journal, November 18, 2022.

Marketing 59

Marketing Marketing Taxes Economics 59

Cornerstone Financial Advisory

SEPTEMBER 6, 2022

Source: Econoday, September 2, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, September 2, 2022 Companies mentioned are for informational purposes only. The IRS can scan tax returns for potential fraud, and if a tax return seems suspicious, they will flag it for further review.

Marketing 59

Marketing Marketing Taxes Investment Advisor 59

Cornerstone Financial Advisory

DECEMBER 12, 2022

Source: Econoday, December 9, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, December 9, 2022 Companies mentioned are for informational purposes only. Business travel deductions are available when employees travel away from their tax home or principal place of work for business reasons. Retail Sales.

Marketing 59

Marketing Marketing Economics Taxes 59

Cornerstone Financial Advisory

SEPTEMBER 26, 2022

Source: Econoday, September 23, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, September 23, 2022 Companies mentioned are for informational purposes only. Tax-Deductible Educator Expenses. This information is not intended to be a substitute for specific individualized tax advice. New Home Sales.

Marketing 59

Marketing Marketing Education Taxes 59

Cornerstone Financial Advisory

NOVEMBER 28, 2022

Source: Econoday, November 25, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, November 25, 2022 Companies mentioned are for informational purposes only. This information is not intended to be a substitute for specific individualized tax advice. The Wall Street Journal, November 25, 2022.

Marketing 59

Marketing Marketing Economics Taxes 59

The Chicago Financial Planner

NOVEMBER 27, 2022

One of the best tax deductions for a small business owner is funding a retirement plan. Beyond any tax deduction you are saving for your own retirement. The maximum for 2022 is $61,000, this has been increased to $66,000 for 2023. Employee contribution limits are $20,500 for 2022 and $22,500 for 2023. Eligibility.

Retirement Planning 263

Retirement Planning Retirement Planning Financial Planner 263

Cornerstone Financial Advisory

AUGUST 15, 2022

Source: Econoday, August 12, 2022 The Econoday economic calendar lists upcoming U.S. Source: Zacks, August 12, 2022 Companies mentioned are for informational purposes only. The IRS has a handy tool called the IRS Tax Withholding Estimator that can help taxpayers better understand their withholding. CNBC, August 10, 2022.

Marketing 59

Marketing Marketing Taxes Economics 59