FMG

FEBRUARY 20, 2024

For advisors, there’s one season out of the year that creates a buzz and is the perfect time to boost engagement: tax season. Why Tax Season is Great for Engagement Tax season is a hectic time for people because they want to ensure their taxes are done right. 5 Tips to Engage Prospects During Tax Season 1.

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Taxes Media Clients Engineering 52

Nerd's Eye View

JANUARY 26, 2024

Also in industry news this week: A House committee has advanced a bill that would extend several expired business-related tax measures from the Tax Cuts and Jobs Act and would increase the value of the Child Tax Credit The SEC released its examination priorities for 2024, which include a focus on advisers' adherence to their duty of care and duty of (..)

Financial Planner 191

Financial Planner Retirement Planning Financial Advisor Retirement 191

Nerd's Eye View

OCTOBER 27, 2023

Also in industry news this week: A survey indicates that while financial advisors remain the most trusted source of financial advice, they might increasingly encounter client questions and ideas that originated from social media Following the transition of advisors and clients from TD Ameritrade and amid competition from competing RIA custodians, Charles (..)

Financial Planner 205

Financial Planner Financial Advice Financial Advisor Tax Planning 205

Nerd's Eye View

DECEMBER 15, 2023

Also in industry news this week: Most businesses that operate in the U.S., Also in industry news this week: Most businesses that operate in the U.S., Also in industry news this week: Most businesses that operate in the U.S.,

Financial Planner 231

Financial Planner Retirement Taxes Insurance 231

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

APRIL 19, 2024

Also in industry news this week: The Office of Management and Budget (OMB) has completed its review of the Department of Labor's new "fiduciary rule ", indicating that it could be released in the coming days or weeks (though, like its predecessors, its ultimate disposition is likely to be determined in the courts) The IRS announced this week that it (..)

Financial Planner 214

Financial Planner CFP Financial Advisor Retirement Planning 214

Harness Wealth

FEBRUARY 20, 2024

In this guide, we explore the four main types of tax professionals and the benefits of working with a tax advisor to help navigate challenging tax scenarios. We’ll dive into what a tax advisor does, and help you make an informed decision about which type of tax professional is right for you.

Taxes 52

Taxes License Education Tax Planning 52

Nerd's Eye View

FEBRUARY 24, 2023

Also in industry news this week: Why the behavior of some TAMPs and investment advisers might have led the SEC to propose its new (and potentially burdensome) ‘outsourcing rule’ Why independent broker-dealers could become major players in RIA M&A in the coming year From there, we have several articles on advisor marketing: How to craft (..)

Financial Planner 220

Financial Planner Tax Planning Taxes Numbers 220

A Wealth of Common Sense

APRIL 26, 2024

Here’s the lede from a Bloomberg article about rich people trying to avoid taxes in New York City: At New Jersey’s Teterboro and Long Island’s Islip airports, dozens of private jets destined for Florida take off at times such as 11:42 p.m. Meanwhile, tax attorne. or 11:54 p.m.

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Taxes 106

Nerd's Eye View

DECEMBER 22, 2023

Also in industry news this week: The SEC has been sending letters to advisory firms requesting details on their use of AI technology, raising questions about whether they may be considering revising their proposed AI rule that received significant pushback earlier this year for the wide breadth of the types of technology it covers DPL Financial has (..)

Financial Planner 219

Financial Planner Fee Only Tax Planning Retirement 219

Investing Caffeine

MARCH 1, 2024

Tax Time April is fast approaching, which means it’s that time of the year when Uncle Sam will come knocking on your door with your tax bill. Perhaps your taxes have already been prepaid and a refund is coming your way. Subscribe Here to view all monthly articles. www.Sidoxia.com Wade W. Slome, CFA, CFP® Plan.

Taxes 52

Taxes Risk Tolerance Retirement Investing 52

Advisor Perspectives

JANUARY 27, 2023

Here’s an article to help clients better understand the tax benefits of charitable contributions.

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Taxes Clients 111

Validea

JUNE 1, 2023

Wealthfront, along with other robo-advisors such as Schwab Intelligent Portfolios and Vanguard, offer tax-harvesting services to clients, which Malkiel describes as “the only reliable way for investors to outperform the market” since they can do so on an post-tax basis, the article recounts.

Taxes 52

Taxes Investing Investments Distribution 52

Validea

MAY 26, 2023

Wealthfront, along with other robo-advisors such as Schwab Intelligent Portfolios and Vanguard, offer tax-harvesting services to clients, which Malkiel describes as “the only reliable way for investors to outperform the market” since they can do so on an post-tax basis, the article recounts.

Taxes 52

Taxes Investing Investments Distribution 52

Nerd's Eye View

FEBRUARY 2, 2024

Also in industry news this week: A recent study from advisor digital marketing firm Snappy Kraken suggests firms that invest in Search Engine Optimization (SEO), have a regular cadence of emails to their subscriber list, and include video content in these messages tend to get greater returns from their marketing efforts CFP Board has created a guide (..)

Financial Planner 209

Financial Planner Compliance CFP Clients 209

Trade Brains

JANUARY 2, 2024

What are some Tax Benefits of AIFs? In simple terms, capital gains tax applies to profits or losses made from the fund. The post Alternative Investment Fund – Meaning, Types & Tax Benefits appeared first on Trade Brains. AIFs must be registered under SEBI (Alternative Investment Fund) Regulations, 2012.

Taxes 64

Taxes Investing Investments Retail 64

Nerd's Eye View

JULY 7, 2023

Also in industry news this week: A recent survey indicates that a strong majority of financial advisory clients have maintained their trust in their advisors despite the investment market setbacks experienced last year A report from the SEC shows that a majority RIAs have mandatory arbitration clauses in their client agreements, a practice that has (..)

Financial Planner 234

Financial Planner Tax Planning Clients Valuation 234

James Hendries

JANUARY 22, 2023

Regardless of whether you prepare your taxes yourself or use a professional’s services, it’s a good idea to gather the information and documentation you need well in advance of your actual tax filing date. Below, we’ve listed some key information you need when preparing this year’s taxes.

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Taxes Medical Retirement Education 52

Trade Brains

DECEMBER 31, 2023

Tax Loss Harvesting : As an investor, you earn capital gains irrespective of the asset you invest in. While you trade or invest a significant amount of capital and receive good returns, there comes a time when you start worrying about the taxes on those gains. It is called Tax Loss Harvesting. How are Capital Gains Taxed?

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Taxes Assets Investing Investments 59

Tobias Financial

AUGUST 22, 2023

The article sheds light on the often misunderstood concept of student loan forgiveness after 20 to 25 years in a repayment plan, which can lead many individuals to believe that they can simply walk away from their debt burden. Having a comprehensive financial plan that addresses these concerns is becoming more essential than ever before.

Taxes 52

Taxes Financial Planning Wealth Advisor CFP 52

Harness Wealth

AUGUST 17, 2023

Please note that the contents of this article are based on general knowledge and do not represent legal advice. In this guide, we’ll dive into all these vital aspects, and outline how Harness Tax can further facilitate your growth and marketing efforts. Can You Take Clients With You When Leaving a Tax Firm?

Taxes 52

Taxes Clients Ethics Accounting 52

Nerd's Eye View

APRIL 21, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that in a settlement with the SEC, robo-advisor platform Betterment agreed to pay a $9 million penalty for allegedly misstating the frequency that its automated tax-loss harvesting system was scanning some client accounts between (..)

Financial Planner 186

Financial Planner Advertising Taxes Clients 186

Tobias Financial

OCTOBER 13, 2022

Another financial pain point that significantly impacts our budget is taxes. Whether you typically get a refund or owe a tax bill, there are several moves to consider to increase your chances of tax savings. . Watch how investors can turn stock losses into tax savings here: [link] .

Taxes 52

Taxes Tax Planning Budgeting Portfolio 52

Nerd's Eye View

SEPTEMBER 22, 2023

Also in industry news this week: A survey suggests that wealthy individuals across all generations are interested in engaging with advisors on social media, with YouTube being the top platform chosen by respondents Amid an avalanche of claims for the pandemic-era Employee Retention Credit, the IRS is halting the processing of new claims until 2024 (..)

Financial Planner 199

Financial Planner Clients Taxes Numbers 199

Nerd's Eye View

JANUARY 20, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that several states are considering a series of tax hikes targeting higher-income and ultra-high-net-worth residents after similar proposals failed to pass at the Federal level.

Financial Planner 187

Financial Planner Financial Advice Fee Only Financial Planning 187

Harness Wealth

MARCH 7, 2022

In this article we’ll share answers to questions that come up constantly in these sessions (you’re not alone!). If there’s anything you’d like more clarity on, join us for 1:1 Equity Tax Planning Session. In this article we’ll cover: . What is the Alternative Minimum Tax (AMT)? . Should I be paying estimated taxes? .

Taxes 52

Taxes Tax Planning Planning Accounting 52

Nerd's Eye View

NOVEMBER 18, 2022

A potential compromise during the lame-duck Congressional session could see a boost to the child tax credit and extended tax breaks for businesses. From there, we have several articles on tax planning: How advisors can add value for their clients by managing their exposure to mutual fund capital gains distributions.

Financial Planner 185

Financial Planner Tax Planning CFP Taxes 185

Random Roger's Retirement Planning

FEBRUARY 24, 2024

They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. The information, analysis and opinions expressed herein reflect our judgment and opinions as of the date of writing and are subject to change at any time without notice.

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Math Portfolio Marketing Marketing 71

Nerd's Eye View

JUNE 16, 2023

Also in industry news this week: A recent survey suggests that while individuals who work with financial advisors find them to be valuable, those who have not worked with an advisor before do not necessarily understand the value an advisor can provide The SEC is considering a new rule regarding advisers’ use of Artificial Intelligence tools, (..)

Financial Planner 203

Financial Planner Advertising Clients Taxes 203

Harness Wealth

FEBRUARY 26, 2023

Cost-saving tax planning can be much more difficult to implement after your company is well-established and has reached the stage where an IPO, merger, or acquisition becomes a likely event. The first three options are pass-through entities, so profits and losses are distributed to the owners who are taxed on them.

Tax Planning 52

Tax Planning Startup Taxes Planning 52

Nerd's Eye View

MAY 12, 2023

Also in industry news this week: Why industry groups representing investment advisers and others have blasted an SEC proposal that would significantly expand its Custody Rule A new study suggests that organic client growth and profit margins are the key factors driving RIA valuations, with the firm’s affiliation model having little to no impact (..)

Financial Planner 206

Financial Planner Tax Planning Clients Valuation 206

The Big Picture

NOVEMBER 20, 2023

Perhaps this is why well-written articles are often skewed or even undone by clickbait headlines. Case in point: Wall Street’s ESG Craze Is Fading As the article points out, “investors withdrew more than $14 billion from sustainable funds this year” after weak performance traced in part to higher interest rates.1 Oct 31, 2023) 4.

Taxes 187

Taxes Portfolio Investing Investments 187

Nerd's Eye View

SEPTEMBER 8, 2023

Also in industry news this week: Changes to CFP Board’s procedural rules went into effect September 1 and are intended to make the disciplinary process more efficient for respondents as well as CFP Board staff, and to expand the CFP Board’s ability to pursue more complaints against CFP professionals A NASAA model rule follows in the footsteps (..)

Financial Planner 215

Financial Planner CFP Clients Investment Planning 215

Harness Wealth

DECEMBER 8, 2022

Not only was the stock market fairly volatile, but there were also atypical tax regulation changes. Tax-loss harvesting. Paying taxes on investment gains can be a financial burden, but tax loss harvesting can reduce your bill. You can claim as much capital loss as your realized capital gain plus $3,000.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Nerd's Eye View

OCTOBER 1, 2022

A new bill would make many parts of the Tax Cuts and Jobs Act of 2017 permanent, including its changes to tax brackets, the higher standard deduction, and the cap on state and local tax deductions. What advisory firms can do to make the most out of client testimonials and avoid negative reviews on third-party websites.

Financial Planner 181

Financial Planner Retirement Planning Advertising Taxes 181

James Hendries

SEPTEMBER 11, 2022

Understanding long-term capital gains taxes when you sell investments. Market downturns could be a good time to adjust your fund portfolio to minimize the tax bite. Taxable accounts you hold longer than a year incur long-term capital gains taxes when you sell investments. Trimming Taxes.

Taxes 52

Taxes Marketing Marketing Accounting 52

James Hendries

JANUARY 29, 2023

But another common type of identity theft involves the use of someone’s Social Security number to unlawfully intercept their income tax refund. Unfortunately, this fraud often isn’t discovered until the victim tries to file their taxes. Below we discuss some common signs of tax identity theft and how to protect yourself.

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Taxes Electronics Numbers Accounting 52