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Crisis Management Financial Planning: Preparing for Unexpected Events

Carson Wealth

What Is Financial Planning and Why Does It Matter in a Crisis? Financial planning begins with a thorough analysis of your short- and long-term financial situation, including all sources of income, your current spending patterns and debt, and your plans for the future. Diversification.

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Your 2025 Tax Extension Guide: When, Why, and How to File for More Time

Harness Wealth

Determining the fair market value of stock options, for example, can be time-consuming, with a tax extension allowing individuals to make sure theyre maximizing the potential tax benefits of their equity compensation. Instead of a tax extension, you should explore IRS payment options and installment plans.

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Tax Savings Tips for Startups

Harness Wealth

Let us face ittech startups encounter a unique set of tax challenges that can make or break their financial future. The complex interplay between traditional tax regulations and the innovative nature of tech businesses demands smart planning from day one.

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A Practical Guide to Managing Multiple 1099s Efficiently

Harness Wealth

These reviews also provide an opportunity to identify trends in your income patterns, which proves invaluable for business planning and tax preparation. Beyond helping with estimated tax payments, these summaries provide insight into seasonal patterns, business growth, and different revenue streams.

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Pros and Cons of Using Tax Preparation Software

Harness Wealth

With 24/7 platform availability across various devices, including computers, tablets, and smartphones, you can tackle your return during off-hours or weekends when traditional tax offices would be closed. The electronic filing capabilities built into tax software platforms significantly accelerate the tax filing process.

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A Guide to Vermont Tax Forms

Harness Wealth

Step-By-Step Guide to Filing Filing Vermont taxes can be straightforward when approached methodically. Whether filing electronically or by mail, understanding each step in the process reduces the risk of errors and delays. Using tax preparation software or consulting a tax professional can help ensure accuracy in these calculations.

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Offering Tax Preparation As A Solo Advisor: How To Attain Designations And Create A Schedule By Next Tax Season

Nerd's Eye View

In this post, Kitces.com Senior Financial Planning Nerd Ben Henry-Moreland writes about how he went from being hesitant to offer tax preparation at his solo RIA (given how common it is for tax preparers to work long hours throughout tax season) to embracing it as a core part of the business’ service offering.