Darrow Wealth Management

NOVEMBER 17, 2022

Starting in 2023, a 4% surtax will be applied to taxable income and capital gains over $1M. As proposed, the new legislation would increase these tax rates to 9% and perhaps even 16% , respectively, starting in 2023. Considering tax planning strategies to reduce the impact of the new MA surtax.

Taxes 111

Taxes Wealth Management Tax Planning Planning 111

Zoe Financial

MARCH 22, 2023

What comes to mind when thinking about retirement? By understanding the inner workings of retirement income, you can enjoy retirement without worrying about finances. The starting point is understanding your retirement needs and how you’ll pay for them. The last thing you should do is worry about your finances.

Retirement 40

Retirement CFP Taxes Accounting 40

Harness Wealth

NOVEMBER 12, 2024

Checklist: Year-end Tax Planning Strategies Review the following tax strategies with your tax advisor and/or financial advisor before the end of the year. Fully Utilize Tax-Advantaged Retirement and Savings Accounts There are multiple steps you can take using retirement accounts to reduce your taxable income. GET STARTED 1.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Zoe Financial

FEBRUARY 14, 2023

Zoe’s Tell-All: 2023 Tax Season Published February 14th, 2023 Reading Time: 5 minutes Written by: The Zoe Team If you’re a golfer, you know a lot goes into the brilliant game. February 15 – If you were exempt from filing taxes, you should also file for a W-4 before February 15th to claim an exemption for 2023.

Taxes 52

Taxes Tax Planning Financial Advisor Planning 52

Cordant Wealth Partners

NOVEMBER 20, 2020

409(a) Nonqualified Deferred Compensation Plans present one of these opportunities. As a participant in your company’s deferred compensation plan, you’ve become an unsecured creditor of your company. The Benefits of Deferred Compensation Plans. Let’s dive in. Behold the power of compounded tax-free gains!

Compensation Planning 52

Compensation Planning Taxes Distribution Retirement 52

Cordant Wealth Partners

JANUARY 28, 2021

Employees of what was formerly Mentor Graphics, now Siemens, may find that they are eligible for Siemens’ Deferred Compensation Plan (DCP) and wonder if they should defer their salary and/or bonus into the plan. The Benefits of Deferred Compensation. The Risks of Deferred Compensation Plans. Let’s dive in.

Compensation Planning 52

Compensation Planning Taxes Planning Retirement 52

Harness Wealth

MARCH 11, 2024

Taxpayers who fall into the top 3 tax brackets which in the 2023 tax year is anyone with income of $182,101 or more. Retirement contributions Individuals can take advantage of various tax-related retirement planning strategies to reduce their taxable income today and post-retirement.

Startup 59

Startup Taxes Medical Retirement 59