Harness Wealth

APRIL 17, 2025

To protect yourself in the event of an audit, maintaining thorough documentation is essential. Some meal expenses can qualify for 100% deductibility under specific circumstances, such as company-wide events, or meals provided for the convenience of employees during overtime work, or staff meetings.

Taxes

Harness Wealth

JULY 31, 2025

For founders anticipating a liquidity event in 2025, Qualified Small Business Stock (QSBS) planning is no longer optional—it’s essential. But capturing the full QSBS tax benefit requires more than meeting the basic qualifications. This rule requires careful coordination between corporate actions and individual shareholder plans.

Taxes

Harness Wealth

JULY 31, 2025

These aren’t just annual tweaks—they’re openings for meaningful, proactive tax planning. Digital asset reporting requirements The 2025 tax year brings a major shift in how digital assets are reported. TCJA sunset preparation The clock is ticking on the Tax Cuts and Jobs Act. The top rate’s increase from 37% to 39.6%

Taxes

Harness Wealth

APRIL 30, 2025

For many business founders, the eventual exit from their company represents one of the most significant financial events of their lives. Without proper planning, taxes can unexpectedly take a large bite out of the proceeds, potentially reducing financial security and the legacy.

Taxes

Tobias Financial

JUNE 16, 2025

These events may affect your investment approach, tax planning strategies, insurance needs, and estate planning documents. Without periodic evaluations, it’s possible for parts of your plan to become misaligned with your current circumstances.

Planning

Wealth Management

JULY 18, 2025

Resonant Capital Merges with Tax, Accounting Firm QBCo $2.2B Resonant Capital Merges with Tax, Accounting Firm QBCo Wisconsin-based Resonant Capital and QBCo will share clients across wealth and tax in an increasingly popular service model. billion registered investment advisor based in Madison, Wis., based QBCo Advisory.

Accounting

Yardley Wealth Management

DECEMBER 17, 2024

This might seem conservative to some, but recent global events have demonstrated how quickly circumstances can change. Tax Efficiency: A Often Overlooked Opportunity One area where I see clients consistently leaving money on the table is tax planning.

Financial Planning

Darrow Wealth Management

NOVEMBER 7, 2024

Exercise strategy: Timing: Consider the tax implications of exercising vested options before or after the IPO, timing of sales, and tax planning opportunities. Cash flow: Depending on the type of equity you have, exercising can be challenging given tax implications and having cash to buy the stock.

Taxes

Harness Wealth

APRIL 17, 2025

The credit amount varies based on household income, family size, and the flexibility in how it is claimed, either as an advance credit that reduces monthly premiums or when filing taxes. Working with a qualified tax professional can help identify all applicable deductions and credits tailored to your unique financial circumstances.

Taxes

Darrow Wealth Management

APRIL 21, 2025

Tax-free withdrawals Five years after the year in which you make a Roth conversion or first open the account youre able to withdraw funds for qualifying events without a penalty. Further, withdrawals are considered to be made from after-tax contributions and conversion dollars first; earnings last.

Retirement Planning

Harness Wealth

APRIL 17, 2025

Donor-advised funds (DAFs) have emerged as powerful tools that deliver this exact combination, providing immediate tax advantages while offering flexibility to recommend grants to qualified organizations over time. Table of Contents What Are Donor-Advised Funds, and How Do They Work?

Taxes

Harness Wealth

MARCH 6, 2025

Rushing to file with incomplete or inaccurate information can be an unnecessarily costly process, with a tax extension providing you with the time needed to obtain all the correct documentation. Unexpected life events: Unforeseen circumstances, including illness, bereavement, or other emergencies, can disrupt tax preparation.

Taxes

Harness Wealth

DECEMBER 30, 2024

Its important to consult with both your employer and a tax advisor to confirm eligibility before attempting to file an 83(i) election. Additionally, employers must give the electing employee a written statement detailing: The amount to be included in gross income for the tax year when a statutory inclusion event occurs.

Taxes

WiserAdvisor

JULY 9, 2025

They can help you time your investments and withdrawals, use tax-loss harvesting strategies, claim credits and deductions you did not know existed, and structure your portfolio in a way that reduces your overall tax burden. The result? More money in your pocket. 7.

Financial Advisor

Financial Symmetry

APRIL 9, 2025

Tax planning might not top everyone’s list of leisure activities, but in the middle of tax season, theres a hidden opportunity. In this episode, we talk about five strategies you can use during tax season to create opportunities to help you reach your financial goals.

Taxes

Darrow Wealth Management

APRIL 23, 2025

The 83(b) election has the potential to significantly reduce the overall tax liability, especially for startup founders and employees who receive stock-based compensation. It’s usually a key part of pre-IPO tax planning and exit strategies. M&A implications. Cash requirements.

Taxes

FMG

JUNE 17, 2025

Event Invitation Follow-up “Hi [Client Name], thanks for your interest in our retirement planning workshop. The event is [Date] at [Time]. New Service Introduction “Hi [Client Name], we’re now offering tax planning services that could save you significantly next year.

Financial Advisor

Harness Wealth

JULY 14, 2025

The tax implications surrounding exit events like IPOs or acquisitions for venture capital investments can be significant, often triggering taxable events for investors. The inherent volatility of the crypto market can lead to frequent trading, potentially generating numerous taxable events throughout the year.

Taxes

Harness Wealth

MARCH 27, 2025

State and local taxes Secondary funds and their investors may face various state and local taxes, including income tax, franchise tax, and property tax. These taxes can vary significantly depending on the location of the fund, its investors, and its investments. FIRPTA planning using a U.S.

Taxes

Harness Wealth

APRIL 16, 2025

Tax planning serves as the cornerstone of the entire acquisition deal, extending far beyond a simple checkbox. Every element, from structure to price negotiations, hinges on understanding tax implications for all parties involved. To qualify for tax-free treatment under IRC Section 368 , attention to detail is essential.

Taxes

Wealth Management

JUNE 11, 2025

Whether clients support the policies with cash gifts or split-dollar, the discussion of options will necessarily involve a combination of insurance planning, tax planning, income and gift tax-oriented wealth transfer planning and investment planning.

Wealth Management

Harness Wealth

JULY 31, 2025

What are the tax implications of buying startup shares? What are the tax implications of selling startup shares? How to trade startup shares effectively Tax planning strategies How platforms like Hiive and Harness can help FAQs What are startup shares? It should be noted that state tax implications can vary widely.

Startup

Harness Wealth

APRIL 16, 2025

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.

Startup

Harness Wealth

APRIL 30, 2025

How Harness Can Help A tax advisor from Harness can help you avoid tax mistakes and reduce the likelihood of an audit. Our advisors can offer personalized guidance on appropriate tax deductions, accurate record-keeping, and staying compliant with all applicable tax laws.

Compliance

Zajac Group

NOVEMBER 7, 2024

Creating wealth that can provide financial security for generations to come is an incredible feat, and it requires careful planning, consideration, and communication among family members. For average earners or those with modest-sized estates, doing so will not create a federal estate tax event for their estate or inheritors.

Planning

Carson Wealth

JANUARY 28, 2025

When you have the resources to make an impact, this type of planning helps you pinpoint what you want to accomplish for your family, community, and society. Steps to Setting Up a Philanthropy Fund Taking the proper steps in the beginning can give your charitable giving plan a solid foundation. Reputational risk. Governance risk.

Risk Management

Wealth Management

JULY 2, 2025

Lothes focuses on estate planning for high net worth individuals including estate, gift and generation-skipping transfer tax planning, will and trust preparation, estate and trust administration, and charitable giving. CCPA: Do not sell my personal info | Terms of Use | Code of conduct events | Privacy Policy | Cookie Policy

Distribution

Harness Wealth

APRIL 17, 2025

This restriction helps companies focus their most tax-advantaged equity compensation on their core workforce. ISOs come with strict transfer restrictions and can only change hands in the event of the holder’s death. Documentation significantly impacts ISO tax planning.

Taxes

Darrow Wealth Management

MAY 7, 2025

Recall the 0% tax bracket for long-term capital gains, so even if you have a taxable gain, you may not actually face a tax liability. Unlike tax-deferred retirement accounts, when you put money in a brokerage account , there are no tax advantages. This article has more on how a brokerage account is taxed.

Taxes

Harness Wealth

APRIL 16, 2025

When unforeseen events created challengeslike significant market downturns, sudden financial hardships, or changes affecting the ability to pay tax liabilitiesrecharacterization offered a way out. Liquidity concerns often prompted investors to reverse conversions when they discovered insufficient funds to cover the resulting tax bill.

Taxes

Midstream Marketing

NOVEMBER 6, 2024

Tax Planning: Help clients learn smart tax strategies. Discuss estate planning and how financial decisions can impact taxes. You should plan your content before time. Think about holidays, financial news, and important events in your field. You could invite clients to events that show appreciation.

Financial Advisor

Carson Wealth

MARCH 21, 2025

Donations to endowment funds are tax-deductible, giving them a place in your overall financial management and tax plan. An endowment offers benefits that can extend beyond tax deductions and financial efficiency.

Distribution

Harness Wealth

MARCH 27, 2025

Maintaining accurate records: Along with diligently researching state-specific PTET requirements, business owners need to be equally careful when it comes to maintaining records of PTET payments, election forms, tax calculations, and supporting documentation.

Taxes

Harness Wealth

FEBRUARY 4, 2025

Mining & Staking Income: Earnings from crypto mining or staking are taxed as ordinary income and may be subject to self-employment tax. Taxable Transactions: Exchanging one cryptocurrency for another, using crypto for purchases, or earning crypto rewards all trigger taxable events. See our complete guide to crypto taxation.

Taxes

Harness Wealth

MARCH 20, 2025

This includes meals during business meetings, networking events, or client consultations. Part 4 allows you to identify any expenses that can be carried forward to the subsequent tax year. In any event, consulting a tax professional is highly recommended to gain clarity on deductions regarding remote work.

License

Harness Wealth

FEBRUARY 19, 2025

How Harness can help with BOI reporting In the event that BOI reporting requirements are reinstated, company owners are advised to seek professional advice. At Harness , we connect businesses and individuals with specialist tax advisors who can provide tailored guidance on how to submit BOI reports and remain compliant.

Taxes

FMG

MAY 19, 2025

Add keywords your audience might use, like Financial Advisor | Retirement Planning or “Wealth Management | Tax Planning.” Everything you need website, email, social media, blogs, events, video and printed cards all in one place. Use the Name Field Wisely The name field, not the handle, is searchable.

Financial Advisor