Harness Wealth

APRIL 17, 2025

Understanding business meal deductions Business meals continue to serve as a valuable tax deduction in 2025, with most qualifying expenses being 50% deductible when they involve legitimate business discussions with clients, customers, or associates.

Taxes 52

Taxes Tax Planning Professional Services Planning 52

Harness Wealth

APRIL 16, 2025

The qualified business income deduction under Section 199A adds another layer of consideration, offering pass-through entities a potential 20% deduction through 2025. million in total purchases, enables strategic planning of major technology investments. This generous limit, with phase-out beginning at $3.05

Startup 52

Startup Taxes Tax Planning Transportation 52

Harness Wealth

MAY 12, 2025

Reduced capacity for strategic planning: When resources are primarily focused on meeting compliance demands, the capacity for value-added activities like strategic tax planning and client advisory services trails off. Strategies to minimize the talent gap Acquiring the right talent wont happen overnight.

Taxes 52

Taxes Compliance Accounting Numbers 52

Brown Advisory

NOVEMBER 1, 2019

Because that sunset doesn’t occur until the end of 2025—six years from now—some clients may not feel an urgency to engage in significant planning right now, but there are a variety of planning actions related to the new tax law that merit attention in the near term, and in some cases before the end of the calendar year.

Planning 52

Planning Taxes Clients Assets 52

The Big Picture

SEPTEMBER 23, 2024

I have worked at Booz Allen and Hamilton, I’m a strategic planning guy. I get hired by Citibank in planning. I write a business plan for it. 00:58:48 [Speaker Changed] It, it points to the fact that you, you know, I think you were saying Barry lived till 2025. This business is just starting.

Banking 147

Banking Investing Investments Assets 147

Brown Advisory

DECEMBER 1, 2023

This year, our letter will focus on some of our clients’ big-picture questions, such as: Have our priorities changed or shifted in ways that may alter our current strategic plans? We believe that readiness planning must start with good communication. A framework for this planning is contained in the chart below.

Planning 52

Planning Strategic Planning Taxes Clients 52

Harness Wealth

MAY 12, 2025

Reduced capacity for strategic planning: When resources are primarily focused on meeting compliance demands, the capacity for value-added activities like strategic tax planning and client advisory services trails off. Strategies to minimize the talent gap Acquiring the right talent wont happen overnight.

Taxes 52

Taxes Compliance Accounting Numbers 52