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The Liability Risk Of Giving Inadvertent Tax Advice (And How To Avoid It)

Nerd's Eye View

In recent years, financial advisors have increasingly embraced tax planning as a core element of delivering value to clients. Despite this growing interest in tax conversations, most advisors are still quick to distinguish their services as "tax planning", not "tax advice" – a distinction largely driven by liability concerns.

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10 High-Income Tax Planning Strategies to Complete Before 2025: A Year-end Checklist

Harness Wealth

As the year comes to a close, now is the time to review potential financial moves to help minimize your tax burden heading into 2025. Proactive year-end tax planning can lead to significant savings and set you up for financial success in the new year. Find your next tax advisor at Harness today.

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#FASuccess Ep 432: Crafting “Input Deliverables” That Show Financial Planning Value To Clients Without Creating Busy-Work, With Seth Scott

Nerd's Eye View

Seth is the founder of Heartwood Financial Planning, an advisory firm affiliated with PlanMember Securities Corporation that is based in Fresno, California, and oversees approximately $100 million in assets under management for 850 client households.

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All the Tax Benefits You Need for Your Small Business

Harness Wealth

We will cover qualification criteria, documentation requirements, and practical strategies to implement throughout the year. Professional services require documentation that shows a direct benefit to your business, supported by contracts or engagement letters.

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Exit Planning for Founders: How to Minimize Taxes in an Acquisition

Harness Wealth

Consider tax-advantaged options , such as ESOPs, which allow for capital gains tax deferral when proceeds are reinvested, or stock sales that may qualify for preferential long-term capital gains treatment. The most common exit options include mergers and acquisitions, asset sales, stock sales, and employee ownership plans.

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At The Money: How to Spend Your Money in Retirement

The Big Picture

So I would urge planners and individuals pursuing their own retirement plans to think about building in some of those lifetime, uh, giving, uh, aspirations. And also, you know, there are really nice tax planning mechanisms that people can use to help them achieve, achieve those things as well. Exactly that. Why is figuring out.

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From Confusion to Clarity: A New Way to Review Your Estate Plan

Tobias Financial

Estate planning is one of the most important steps in securing your financial legacy, but its also among the most complex. Understanding how assets will be distributed, navigating tax implications, and aligning these decisions with your personal goals can feel overwhelming.