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 111

Taxes Wealth Management Tax Planning Planning 111

Darrow Wealth Management

JULY 30, 2024

For founders, employees, and executives with stock-based compensation, an 83(b) election can be a powerful tax planning tool. When you make an 83(b) election, you’re opting to pay tax on unvested shares now, instead of when the stock vests. In tax lingo, this is known as substantial risk of forfeiture.

Taxes 104

Taxes Tax Planning Startup Valuation 104

Darrow Wealth Management

MARCH 13, 2025

Charitable Contributions: Donating appreciated stock to charity while reducing capital gains tax. But if you’re looking to reduce capital gains tax, this strategy won’t help. This strategy is riddled with potential tax consequences as well as tax and estate planning opportunities.

Management 83

Management Taxes Estate Planning Asset Allocation 83

Abnormal Returns

OCTOBER 17, 2022

wiredplanning.com) Michael Kitces talks with Libby Greiwe who is the owner of The Efficient Advisor, a financial advisor coaching and consulting business. thinkadvisor.com) Advisers How to set expectations with clients about communication. riabiz.com) Communication matters when it comes to understanding benefits, like Social Security.

Wealth Management 130

Wealth Management Financial Advisor Communication Financial Advice 130

Indigo Marketing Agency

FEBRUARY 1, 2025

Each core offeringsuch as investment management, financial planning, and tax strategieshas its own dedicated page. Visitors can effortlessly find information, whether theyre exploring services, learning about the firms philosophy, or scheduling a consultation. Is it optimized for SEO and mobile devices?

Financial Advisor 95

Financial Advisor Engineering Clients Communication 95

Darrow Wealth Management

APRIL 23, 2025

For individuals with stock-based compensation, an 83(b) election has the potential to greatly reduce taxes on stock options or restricted stock. Section 83(b) of the tax code gives individuals the ability to accelerate the taxation of their unvested equity grant. What is an 83(b) election?

Taxes 63

Taxes Startup Compensation Planning Sales 63

Zoe Financial

FEBRUARY 24, 2025

Sector Performance : Energy, healthcare, and communication services are outperforming; technology and consumer discretionary sectors are underperforming. Zoe Financial is not an accounting firm- clients and prospective clients should consult with their tax professional regarding their specific tax situation.

Marketing 52

Marketing Marketing Healthcare Taxes 52

Harness Wealth

FEBRUARY 19, 2025

Many shell companies are often used to shield illicit activities such as money laundering, tax evasion, and terrorist financing. and have reported more than $5 million in gross receipts or sales on their previous year’s tax return. Get started Harness makes it easy to find tax and financial advisors best suited to your needs.

Taxes 52

Taxes Financial Advisor Consulting Certification 52

Harness Wealth

APRIL 16, 2025

Roth IRA conversions present a significant challenge for retirement planners: pay taxes now or later? Moving funds from traditional IRAs to Roth accounts triggers immediate taxation but promises tax-free withdrawals in retirement. One of the Roth IRA’s most compelling features?

Taxes 52

Taxes Retirement Distribution Retirement Planning 52

Harness Wealth

SEPTEMBER 23, 2024

Key Takeaways: CRM system centralizes all client and prospect information, helping tax firms manage client interactions and replacing manual systems like spreadsheets. Table of Contents: The Basics: What is a CRM?

Taxes 52

Taxes Clients Management Communication 52

Indigo Marketing Agency

MARCH 19, 2025

Action Steps: Use simple, direct language that immediately communicates the value of your services. Example: Instead of writing something like: With our advanced wealth management strategies, we help high-net-worth individuals maximize tax-efficient investments while securing generational wealth. Book a free call today.

Financial Advisor 52

Financial Advisor Advertising Marketing Marketing 52

Harness Wealth

OCTOBER 2, 2024

To attract new clients and foster long-term relationships, tax advisors could consider adopting digital marketing strategies. It’s also an important touchpoint to introduce your tax practice’s staff to potential clients, giving you to potential build a personal relationship from the start.

Taxes 52

Taxes Tax Planning Marketing Marketing 52

Darrow Wealth Management

NOVEMBER 14, 2024

Tax implications of exercising and selling stock options If you have stock options as a large part of your income, taxes are especially important. How stock options are taxed depends on the type of options you have and your sale and exercise strategy. However, that doesn’t mean you won’t need to pay taxes!

Taxes 56

Taxes Sales Wealth Management Planning 56

Indigo Marketing Agency

FEBRUARY 8, 2025

Offer a Free Consultation A free consultation is your chance to build trust through a one-on-one connection. Use the consultation to ask thoughtful questions, provide insights, and outline potential solutions. Offering a free consultation is a highly effective way to convert leads into clients.

Financial Planner 52

Financial Planner Clients Marketing Marketing 52

Trade Brains

JUNE 6, 2025

During Friday’s trading session, shares of a micro-cap company involved in the telecom and communication infrastructure hit a 10 percent upper circuit on NSE, after announcing Q4 FY25 financial results with a rise in revenue from operations by around 238 percent YoY. Please consult your investment advisor before investing.

Communication 52

Communication Commission Investment Advisor Consulting 52

Harness Wealth

SEPTEMBER 23, 2024

Key Takeaways: Too many tax practices are bogged down in commoditized administrative tasks and compliance work, making it challenging to cross-sell services to expand client relationships. Take an inventory of how your practice spends time Reflect on how your own tax practice spends the bulk of its time.

Taxes 52

Taxes Clients Compliance Tax Planning 52

Darrow Wealth Management

MARCH 29, 2024

If you have incentive stock options, you’ve probably heard of the alternative minimum tax (AMT). Essentially, the alternative minimum tax is a prepayment of taxes. The credit reduces your tax liability to reflect prepaid tax. Early sales of ISOs are taxed in the regular tax system.

Taxes 105

Taxes Tax Planning Planning Wealth Management 105

Harness Wealth

MAY 8, 2025

When considering the various business structures available, understanding the tax implications is crucial for making informed decisions. A Limited Partnership (LP) offers a unique blend of operational flexibility and liability protection, but its tax treatment can be complex. Table of Contents What Is a Limited Partnership (LP)?

Taxes 52

Taxes Tax Planning Compliance Planning 52

Harness Wealth

MAY 14, 2025

When it comes to choosing a business structure, understanding the tax implications is crucial. A Cooperative (Co-op) offers a unique model that differs significantly from traditional corporations or LLCs, especially in how taxes are handled. Income Tax Return for Cooperative Associations.

Taxes 52

Taxes Tax Planning Distribution Compliance 52

Darrow Wealth Management

JULY 30, 2024

For founders, employees, and executives with stock-based compensation, an 83(b) election can be a powerful tax planning tool. When you make an 83(b) election, you’re opting to pay tax on unvested shares now, instead of when the stock vests. In tax lingo, this is known as substantial risk of forfeiture.

Taxes 52

Taxes Tax Planning Startup Valuation 52

Cornerstone Financial Advisory

FEBRUARY 5, 2024

” – Jim Rohn Vacation Home Rentals If you receive money for the use of your primary residence, you may have to report this rental income on your tax return; this means that the “vacation home rental” classification can apply to your home, even if you don’t own multiple short-term rental properties. a Registered Investment Advisor.

Marketing 104

Marketing Marketing Taxes Economics 104

Cornerstone Financial Advisory

FEBRUARY 26, 2024

WDAY), Zoom Video Communications, Inc. (ZM) ” – August Wilson Be On Alert For IRS Scams This tax season, the IRS expects an uptick in tax-related scams. Demand that you immediately pay your taxes over the phone. This information is not intended to be a substitute for specific, individualized tax advice.

Marketing 105

Marketing Marketing Economics Taxes 105

Harness Wealth

MARCH 5, 2024

Tax advisors, and other tax professionals , offer services from preparing and filing annual tax returns to comprehensive tax strategies that help minimize taxes and preserve wealth over time. In this guide, we’ll explore the average fees of tax advisors in the US for 2024.

Taxes 52

Taxes Tax Planning Ethics Education 52

Cornerstone Financial Advisory

OCTOBER 23, 2023

This Week: Companies Reporting Earnings Tuesday: Microsoft Corporation (MSFT), General Electric Company (GE), Verizon Communications, Inc. (VZ), Lastly, it’s important to remember to pay the correct taxes on this income throughout the year to manage owing additional taxes when you file. VZ), Alphabet, Inc.

Marketing 105

Marketing Marketing Taxes Economics 105

eMoney Advisor

JANUARY 12, 2023

The organization arranges one-on-one phone consultations on behalf of the pro bono financial planner, matching the volunteer with the person in need based on specialty. Volunteer Income Tax Assistance (VITA) or Tax Counseling for the Elderly (TCE). Website: irs.gov/individuals/irs-tax-volunteers.

Financial Planning 107

Financial Planning Planning Financial Planner CFP 107

Darrow Wealth Management

MARCH 24, 2024

6 tax strategies for incentive stock options and AMT Triggering the alternative minimum tax isn’t the end of the world, but you don’t want to do it by accident. Exercise ISOs early in the year to manage or avoid AMT To get long-term capital gains tax treatment, you need to hold ISOs through the end of the year of exercise.

Taxes 59

Taxes Tax Planning Planning Sales 59

Darrow Wealth Management

NOVEMBER 20, 2023

Considering Roth conversions in retirement When you convert pre-tax money from an IRA to an after-tax Roth IRA, the amount converted is included in your taxable income. But in retirement, without a paycheck, it can be a great opportunity to control your tax situation for the year and fill up the lower tax brackets.

Retirement 105

Retirement Distribution Taxes Accounting 105

Harness Wealth

MAY 9, 2025

Successful tax advisory practices dont happen by chancetheyre the result of many years’ worth of hard work. Most importantly, tax practices are built on strong client relationships and specialized knowledge. Succession planning for tax practices, therefore, is as delicate a process as it is important.

Taxes 52

Taxes Planning Accounting Clients 52

Harness Wealth

MAY 12, 2025

tax industry is currently in a tight corner, grappling with a major talent shortage. This widening gap between the demand for skilled tax professionals and the available supply presents considerable challenges for tax firms of all sizes. Table of Contents What are the causes of the tax advisor shortage?

Taxes 52

Taxes Compliance Accounting Numbers 52

Trade Brains

JUNE 12, 2025

crores (excluding taxes) from three prominent clients. In the marine segment, the company offers a comprehensive range of solutions, including integrated platform management systems, power generation and distribution systems, marine lighting, motors, and navigation and communication (NavCom) solutions.

Distribution 52

Distribution Commission Healthcare Communication 52

Harness Wealth

OCTOBER 16, 2024

We recently connected with Michael Paley, Chief Operating Officer of Klingman & Associates , for a Q&A on how tax advisors can collaborate with wealth managers to better serve clients. Q: How can tax advisors align with the work of wealth advisors? Unlike an endowment, taxes really matter.

Wealth Management 52

Wealth Management Taxes Clients Management 52

Cornerstone Financial Advisory

SEPTEMBER 25, 2023

” – Larry King Think About Credits And Deductions Now To Prepare For Filing Here are a few facts about credits and deductions that can help you with year-round tax preparation: Taxable income remains after someone subtracts any eligible deductions from their adjusted gross income, including the standard deduction.

Marketing 111

Marketing Marketing Taxes Economics 111

Cornerstone Financial Advisory

MARCH 18, 2024

You must include all capital gains in your income, and you may be subject to the Net Investment Income Tax if your income is above certain amounts. Consult a qualified tax expert for help. If your total net capital loss is more than the limit you can deduct, you can carry it over to next year’s tax return.

Marketing 105

Marketing Marketing Taxes Economics 105

Darrow Wealth Management

MAY 17, 2024

Consider paying the school directly and consulting your tax advisor to discuss gift tax issues. When parents communicate how much they plan to contribute early on, high school students can get a jump on saving. Communication is key As with anything in life, communication is key. Here are a few. Parent loan.

Education 104

Education Communication Wealth Management CFP 104

Cornerstone Financial Advisory

OCTOBER 9, 2023

The Internal Revenue Service (IRS) has a handy tool called the Tax Withholding Estimator, which can help you manage having too much or too little tax withheld from your wages. This information is not intended to substitute for specific individualized tax advice. These factors may result in greater share price volatility.

Marketing 105

Marketing Marketing Taxes Economics 105

Cornerstone Financial Advisory

OCTOBER 2, 2023

” –John Steinbeck Who Can Deduct Car Expenses On Their Tax Returns? Can you deduct expenses such as gas, depreciation, and lease payments on your tax returns? This information is not intended to substitute for specific individualized tax advice. Please consult your financial professional for additional information.

Marketing 111

Marketing Marketing Taxes Economics 111

Cornerstone Financial Advisory

FEBRUARY 19, 2024

Here’s How It May Affect Your Taxes Taxpayers who work in the gig economy may benefit from a better understanding of how their work affects their taxes. Taxpayers who work in the gig economy may benefit from a better understanding of how their work affects their taxes. These factors may result in greater share price volatility.

Marketing 105

Marketing Marketing Taxes Economics 105