Harness Wealth

APRIL 16, 2025

What works for a bootstrapped software company might prove limiting for a startup planning multiple funding rounds or seeking venture capital. For tech founders, S-corporations present a unique opportunity to optimize self-employment tax obligations through a strategic combination of reasonable salary, and distributions.

Startup 52

Startup Taxes Tax Planning Transportation 52

Harness Wealth

APRIL 17, 2025

Understanding these deductions is more critical than ever as tax laws evolve, presenting new opportunities for savings. The calculation becomes increasingly complex for higher-income taxpayers , as it introduces factors such as W-2 wages paid to employees, the unadjusted basis of qualified property, and retirement plan contributions.

Taxes 52

Taxes Tax Planning Professional Services Planning 52

Harness Wealth

APRIL 30, 2025

Strategic planning around holding periods becomes essential, as assets held for longer than one year qualify for preferential long-term capital gains rates. Setting up an ESOP requires careful planning and the guidance of specialized advisors to navigate complex regulations and maximize available tax benefits.

Taxes 52

Taxes Planning Tax Planning Sales 52

Harness Wealth

MAY 12, 2025

This widening gap between the demand for skilled tax professionals and the available supply presents considerable challenges for tax firms of all sizes. Challenges in meeting compliance requirements: The tax landscape is characterized by increasingly complex and frequently changing regulations.

Taxes 52

Taxes Compliance Accounting Numbers 52

Harness Wealth

OCTOBER 23, 2023

Accounting advisory services are a suite of strategic planning offerings that extend beyond the realm of traditional tax return preparation and filing. While there may be some overlap, accounting advisory services should not be mistaken for traditional financial planning or for Client Accounting Services (CAS).

Accounting 52

Accounting Taxes Strategic Planning Estate Planning 52

Brown Advisory

APRIL 20, 2022

Yet you should be able to expect more from your investment advisor at audit time than just regulatory compliance and a checklist for your CFO on investment levels, lockup and liquidity. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities (“ASU 2016-14”). www.brownadvisory.com.

Investment Advisor 52

Investment Advisor Investments Investing Nonprofit 52

Midstream Marketing

AUGUST 13, 2024

Because of new rules and compliance needs, financial advisors must make sure their marketing activities meet industry standards. This includes having nice brochures, clear presentations, and good website content. These could include subjects like retirement planning, investment strategies, or estate planning.

Financial Market 52

Financial Market Planning Marketing Marketing 52