Remove Compensation Planning Remove Financial Planning Remove Investing
article thumbnail

#FASuccess Ep 421: Integrating Tax Preparation Without Hiring In-House CPAs To Bring More Tax-Focused Value, With Daniel Friedman

Nerd's Eye View

In this episode, we talk in-depth about why Daniel decided to outsource tax return preparation (rather than hire someone to do it in-house) to be able to access the expertise of the CPAs his firm uses (particularly for clients with complicated equity compensation plans), how Daniel views these CPA relationships as mutually beneficial from a financial (..)

Taxes 207
article thumbnail

Why should you stay where you are?

Diamond Consultants

And to be fair, the wirehouses absolutely provide a great degree of support and service (think about the various costs they bear on your behalf, such as asset custody, branding, technology, HR, compliance, investment products, etc.). Or they may have access to SMAs/UMAs but not sophisticated alternative investments.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is an 83(i) Election and How Do You You File One?

Harness Wealth

In these cases, the taxes owed would be triggered earlier than expected, which could disrupt the employees financial planning. Employers have the discretion to opt out of permitting 83(i) elections by declining to establish these conditions or explicitly excluding the election from equity compensation plans.

Taxes 52
article thumbnail

Tax Strategies for High-Income Earners 2025

Yardley Wealth Management

Key Takeaways: Maximize available deductions through strategic planning Consider timing of income recognition and deductions Leverage investment and charitable giving strategies Stay informed about AMT implications Regularly review and update your tax strategy FAQ Q: What are the best tax deductions for high-income earners?

Taxes 52
article thumbnail

Your Future, Your Way: Navigating Estate & Retirement Planning as an Investor

Zoe Financial

The platform itself does not offer financial advice Scenario-Based Guide: Hypothetical Investor Examples – Scenario 1: Linda, 68 — Planning for RMDs and Legacy Background : Linda holds a significant Traditional IRA and is approaching required minimum distributions (RMDs). Self-Assessment Checklist: Are You on Track?

article thumbnail

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

Harness Wealth

The conversion from a Traditional IRA to a Roth IRA is a taxable event, with income taxes due on any pre-tax contributions and investment earnings converted. Consider 529 Plans A 529 Plan is a tax-advantaged investment account specifically designed to fund education costs.

article thumbnail

Massachusetts ‘Millionaires’ Tax Applies to Sudden Wealth Events

Darrow Wealth Management

Article is a general communication only and should not be used as the basis for making any type of tax, financial, legal, or investment decision. The ink is hardly dry, so new details will likely emerge about the practical application of the surtax and potential planning opportunities. About Darrow Wealth Management.

Taxes 111