Diamond Consultants

FEBRUARY 11, 2025

Supported RIAs are commonly (and loosely) referred to by an array of different names, such as Platform RIAs, Service Providers, Outsourced Solutions, Tuck-ins, Aggregators, and Roll-upsamong others. For the purpose of this article, we will refer to all of these as Supported RIAs.

Compliance 52

Compliance Clients Management Investments 52

Nerd's Eye View

JULY 18, 2023

In this episode, we talk in-depth about how Nancy overcame her initial imposter syndrome and went from finding attorneys to be threatening to realizing that they are just regular people and do not necessarily know a lot about finance by recognizing how important her own life experiences were, how Nancy also did expand her technical expertise by earning (..)

Financial Planning 223

Financial Planning Planning Financial Advisor Financial Planner 223

Harness Wealth

APRIL 30, 2025

An IRS audit is a formal review of your financial records to verify their accuracy and compliance with tax laws. The IRS carefully scrutinizes these deductions to ensure compliance with strict valuation and documentation requirements. While FinCEN handles FBAR filings, the IRS enforces compliance for both. What is an IRS audit?

Compliance 52

Compliance Taxes Consulting Accounting 52

Harness Wealth

APRIL 4, 2025

How to Anticipate and Navigate Property Tax Scenarios for Businesses ( Carl Hoemke , CPA Practice Advisor) Property taxes and business license compliance present a complex landscape, especially when significant business events involving mergers, acquisitions, or expansion occur. Did you miss last weeks edition? You can find it here.

Taxes 52

Taxes License Banking Government 52

Harness Wealth

MARCH 14, 2025

Without a secure system in place, firms face the risk of hacked email accounts, lost or misplaced documents, and even compliance violations with the IRS and financial regulations. With compliance safeguards built-in, firms no longer need to worry about unsecured email attachments or misplaced documents.

Taxes 52

Taxes Compliance Tax Planning Clients 52

Harness Wealth

MARCH 27, 2025

Simplified tax filing PTET’s consolidation of state tax payments streamlines administrative processes and minimizes compliance costs. Failure to understand relevant differences can result in potential compliance issues and penalties. Instead, they receive a federal tax credit, simplifying their tax filing process.

Taxes 52

Taxes Compliance Consulting Financial Planning 52

Harness Wealth

MAY 8, 2025

Whether you are contemplating forming an LP or already operate one, gaining clarity on tax matters can optimize your financial outcomes and ensure compliance with state and federal regulations. Understanding these requirements is essential to maintain compliance and optimize tax outcomes.

Taxes 52

Taxes Tax Planning Compliance Planning 52

Diamond Consultants

APRIL 22, 2025

For instance, their firm was sold, theyve outgrown the platform, the technology isnt sophisticated enough, the investment menu is limited, compliance is too onerousand certainly many more reasons specific to an advisors business. So, what makes their process of considering change noteworthy?

Compliance 52

Compliance Recruitment Engineering Economics 52

Million Dollar Round Table (MDRT)

MARCH 2, 2023

Our clients don’t necessarily know about the referral program, so if they refer someone who becomes a client, that’s when we ask, “Which one of these things would you like?” ” Of course all gifts are subject to compliance approval. It was an unexpected thank-you.

Compliance 98

Compliance Clients Marketing Marketing 98

Nerd's Eye View

DECEMBER 7, 2022

Furthermore, investment advisers may generally reference the performance results of related portfolios only if all related portfolios are included in the advertisement.

Advertising 246

Advertising Investing Investments Marketing 246

Nerd's Eye View

FEBRUARY 22, 2023

For example, in certain contexts, the terms “you” and “your” can refer solely to the advisory firm itself, while in others, the terms can encompass any of the firm’s related persons (e.g., directors and officers, partners, and employees of the firm).

Commission 232

Commission Clients Investments Investing 232

Harness Wealth

FEBRUARY 5, 2025

Earned income refers to wages, salaries, and self-employment earningsessentially any income obtained through work. Maintaining accurate records of foreign income and taxes paid is therefore vital to calculating the correct FTC and maintaining tax compliance. citizens navigate the often-confusing realm of international tax compliance.

Taxes 52

Taxes Compliance Accounting Government 52

Harness Wealth

DECEMBER 30, 2024

The key differences between 83(i) and 83(b) elections The benefits and risks of an 83(i) election The eligibility criteria for an 83(i) election How to file an 83(i) election 83(i) compliance requirements for companies Is an 83(i) election right for you? What is an 83(i) election? Starting at $1,500 per year.

Taxes 52

Taxes Compliance Compensation Planning Financial Advisor 52

Harness Wealth

APRIL 16, 2025

This involves ensuring compliance with all eligibility criteria, such as maintaining the correct entity type, monitoring asset levels, and adhering to the required holding period. This includes analyzing financial statement tax provisions, uncertain tax positions, and potential exposures from aggressive planning or compliance failures.

Taxes 52

Taxes Tax Planning Startup Compliance 52

Midstream Marketing

DECEMBER 10, 2024

This program can encourage your clients to refer others. You can think about offering rewards for people who refer others to you. It is nice to show gratitude to clients who refer others. Make it simple for clients to refer people to you. Provide clear steps for referring others. Using digital tools is important.

Financial Advisor 52

Financial Advisor Marketing Marketing Clients 52

Indigo Marketing Agency

SEPTEMBER 28, 2024

Reference specific pain points or interests of the individual you’re reaching out to. What are the best practices for compliance in social media for financial advisors? To ensure compliance: Know the Regulations: Stay updated on industry regulations and guidelines from bodies like the SEC and FINRA.

Financial Advisor 95

Financial Advisor Media Compliance Sales 95

Harness Wealth

APRIL 28, 2025

State tax compliance often suffers when filing requirements triggered by out-of-state partnerships are overlooked. Each entity may employ unique allocation methods and require different reporting approaches, making expert assistance invaluable for accurate tax compliance.

Tax Planning 52

Tax Planning Distribution Taxes Compliance 52

Carson Wealth

DECEMBER 9, 2024

For reference, the 2019 average was 166,000. Compliance Case # 02542778_120924_C The post Market Commentary: Stocks Hit New Highs Amid a Year of Milestones appeared first on Carson Wealth. This is why we always recommend taking a 3-month average to get the overall picture, and right now, thats sitting at a very healthy 173,000.

Marketing 69

Marketing Marketing Economy Manufacturing 69

Harness Wealth

APRIL 16, 2025

Meeting safe harbor provisions requires either paying 90% of current year tax liability or 100-110% of prior year taxes, providing a clear framework for compliance. Connect with us today to discover how our year-round tax support can help maximize your tax savings while ensuring compliance.

Startup 52

Startup Taxes Tax Planning Transportation 52

Harness Wealth

APRIL 30, 2025

A strategic approach to tax planning throughout the year, rather than just during filing season, can uncover opportunities for savings while ensuring compliance with estimated payment requirements and preventing costly filing errors. Tax related products and services provided through Harness Tax LLC.

Taxes 52

Taxes Tax Planning Compliance Planning 52

Diamond Consultants

DECEMBER 16, 2024

Also, it likely means ceding some control in any or all of the following areas: brand, compliance, investment autonomy, marketing, and operations. Lastly, the ongoing payout post-transaction is typically quite low for the selling advisor. In some cases, the buyer simply views a sellers book of business as a sound financial investment.

Wealth Management 52

Wealth Management Recruitment Retirement Valuation 52

Midstream Marketing

JANUARY 19, 2025

You may have heard of this referred to as the "Marketing Rule," as that is primarily what it has been focused on for so many years. " So if you don’t fully understand it today (or if you suddenly realize you’re not in compliance), you still have a lot of time to get things right.

Advertising 40

Advertising Marketing Marketing Investment Advisor 40

Harness Wealth

JANUARY 10, 2025

Crypto investors should consult a tax professional to ensure full compliance with IRS regulations. Make sure you keep detailed records for compliance purposes. Harness Tax LLC is affiliated with Harness Wealth Advisers LLC, collectively referred to as “Harness Wealth” or Harness. No, you dont.

Taxes 52

Taxes Assets Media Education 52

Harness Wealth

MARCH 27, 2025

Due diligence involves the following: Identifying potential tax risks: Its important to review the target fund’s tax returns, partnership agreements, and other relevant documents to identify any potential tax liabilities or compliance issues. The role of technology: Technology is increasingly the foundation of efficient tax compliance.

Taxes 52

Taxes Tax Planning Assets Compliance 52

Harness Wealth

APRIL 17, 2025

A qualified tax professional can help navigate the intricacies of various tax benefits while ensuring compliance with IRS regulations. These resources can help ensure that you take advantage of all available tax benefits while maintaining compliance. Managing complex taxes shouldn’t be a burden.

Taxes 52

Taxes Tax Planning Education Medical 52

Good Financial Cents

DECEMBER 14, 2022

Chief Compliance Officer. A chief compliance officer ensures financial institutions adhere to all applicable laws and regulations. To keep a business running smoothly and help avoid costly non-compliance fees, CCOs monitor company policy and compliance. Average salary: $114,832 per year. Insurance Advisor.

Budgeting 88

Budgeting Compliance Accounting Insurance 88

Darrow Wealth Management

OCTOBER 21, 2024

Cash in exchange for your shares Again, refer to the terms of the deal! Public company employees are often subject to blackout periods and lockups at some point during M&A activity, so make sure you stay in compliance. Please refer to the media page for more information and links to published works.

Wealth Management 116

Wealth Management Taxes Planning Media 116

David Nelson

JULY 25, 2022

Most have a compliance division to monitor employee trading. We would have been better off if the amendment referred to any elected office instead of just the Presidency. It’s morally wrong and Americans should demand an end to it. You don’t have to be a corporate insider to meet the test. Just ask Martha Stewart.

Compliance 98

Compliance Portfolio Management Management Manufacturing 98

Risk Management Guru

SEPTEMBER 20, 2021

We are highlighting some of the reference professionals we follow who are seasoned Risk Managers, each in its own area of expertise. Norman has led large and small Internal Audit departments, having had several roles as Chief Risk Officer and Chief Compliance Officer, and managed IT security and Governance functions. How to Connect.

Risk Management 59

Risk Management Government Management Compliance 59

Harness Wealth

MAY 19, 2025

A Corporation, commonly referred to as a C Corp, is a legal entity that is separate and distinct from its owners. Understanding the tax filing requirements and payment schedules is essential for compliance and effective tax planning.

Taxes 52

Taxes Tax Planning Compliance Planning 52

Norman Marks

OCTOBER 30, 2024

To quote the Management and Strategy Institute: Root Cause refers to the fundamental reason behind a problem or defect in a process. I think we would all agree that identifying the root cause of an issue is important. It is the underlying source that, when addressed, can prevent the recurrence of issues. Root cause analysis is […]

Management 64

Management Compliance Government 64

Harness Wealth

MAY 12, 2025

Stereotypes of long hours spent on tedious compliance work tend to overshadow the intellectual challenges, problem-solving opportunities, and the potential for strategic advisory roles within the field. This decline is generally attributed to the demanding curriculum and the rigorous CPA exam requirements, which discourage potential entrants.

Taxes 52

Taxes Compliance Accounting Numbers 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. The more a firm can either automate processes or outsource tasks, the more time it’ll have to build deeper client relationships.

Taxes 52

Taxes Clients Compliance Tax Planning 52

Harness Wealth

FEBRUARY 19, 2025

Ensure BOI reporting compliance and remain updated with the latest BOI regulations with a tax advisor from Harness. A tax advisor from Harness can also help businesses stay up-to-date with the changing legal framework surrounding BOI reporting, ensuring ongoing compliance. Starting at $1,500 per year. Many businesses are exempt.

Taxes 52

Taxes Financial Advisor Consulting Certification 52

Harness Wealth

MAY 8, 2025

Whether you are contemplating forming an LP or already operate one, gaining clarity on tax matters can optimize your financial outcomes and ensure compliance with state and federal regulations. Understanding these requirements is essential to maintain compliance and optimize tax outcomes.

Taxes 52

Taxes Tax Planning Compliance Planning 52

Sara Grillo

OCTOBER 31, 2022

Salaske, Chief Executive Officer and Chief Compliance Officer is Firstmetric’s principal owner and is the sole Member and Manager of Firstmetric, LLC.” If the custodian is referring you to an advisor outside the firm, look at this section and understand how much the advisor is paying to get you referred to them.

Financial Advisor 110

Financial Advisor Commission Clients Compliance 110

Indigo Marketing Agency

MARCH 24, 2023

Expertise in Tax Planning & Compliance: A CPA can help you identify tax-saving opportunities and help keep your clients in compliance with tax laws, reducing the risk of costly penalties and fees. This makes you more referable, both from a client standpoint and a professional network standpoint.

Financial Advisor 52

Financial Advisor Tax Planning Clients Taxes 52