Harness Wealth
OCTOBER 8, 2024
The Harness Marketplace attracts employees, founders, and investors in tech, healthcare, management consulting, and other high-earning industries who need help managing complex tax needs. Key Takeaways: The Harness Marketplace allows your tax firm to be paired with high-value tax clients whose unique needs align with your expertise.
Zajac Group
MARCH 20, 2023
While tax aware decision-making is an important part of equity compensation planning, you may have to decide which is more important to you: deferring or avoiding taxes, or reducing concentration risk? Or, you may seek to optimize tax via an exercise and hold of incentive stock options (or exercise NQSOs early and file an 83(b) ).
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Harness Wealth
NOVEMBER 12, 2024
Contribute to a FSA or Health Savings Account If you have a qualifying high-deductible health plan (HDHP), you might consider contributing to a Flexible Spending Account (FSA) or Health Savings Account (HSA). For 2024, the FSA contribution limit is $3,200.
Zoe Financial
FEBRUARY 14, 2023
Healthcare : The most advantageous strategy is to use a Health Savings Account (HSA). Income Reduction : Your employer may offer a deferred compensation plan that allows you to postpone approximately 10% of your salary or a bonus. If you’re self-employed, you can set up a SEP IRA, SIMPLE IRA, OR A SOLO 401k.
Cordant Wealth Partners
AUGUST 16, 2024
Medical It’s typical to get a year of COBRA as part of your separation package at Intel, which pays for continued health insurance coverage and allows you to stay on your Intel plan. 18 months of coverage is being offered for COBRA plus a $20k Healthcare bonus.
Zoe Financial
MARCH 22, 2023
Avoid Dependency Other sources of income that some people receive include a pension, deferred compensation plan, or the sale of a business. Not only do you get an increased benefit, but you also get the annual cost of living adjustments that social security provides on the increased benefit amount for the rest of your life.
Harness Wealth
MARCH 11, 2024
Qualified medical expenses and healthcare costs If you itemize deductions on your tax return, you can deduct unreimbursed medical and dental expenses that exceed 7.5% of your adjusted gross income (AGI). This includes a wide range of out-of-pocket expenses, such as doctor visits, prescription medications, and medical equipment.
Expert insights. Personalized for you.
52 
Let's personalize your content