Remove Healthcare Remove Numbers Remove Taxes
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Tax Deductions vs. Tax Credits: What’s the Difference?

Harness Wealth

Tax season can be overwhelming, but understanding how to leverage deductions and credits can significantly impact your bottom line. While both mechanisms help reduce what you owe, they operate in fundamentally different ways that affect your final tax bill. And tax law is not static. of your AGI. of your AGI.

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Holistiplan’s Fee Increase Sparks Competition From FP Alpha And RightCapital (And More Of The Latest In Financial #AdvisorTech – February 2025)

Nerd's Eye View

Welcome to the February 2025 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

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At The Money: How to Spend Your Money in Retirement

The Big Picture

Um, hobbies, legacy, philanthropy or charitable goals to say nothing of future healthcare needs. And also, you know, there are really nice tax planning mechanisms that people can use to help them achieve, achieve those things as well. Yeah, get, get some advice on the tax aspect of this. A tax deduction on that contribution.

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What are the Tax Brackets and Federal Income Tax Rates for the 2025-2026 Tax Year?

WiserAdvisor

Did you know that the Internal Revenue Service (IRS) adjusts 2025 tax brackets to account for inflation? The numbers you saw on your 2024 return probably will not be the same in 2025. These changes can affect how much tax you owe and whether you are eligible for certain tax credits or deductions. State tax a.

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How to Optimize Your Book of Business Post-Tax Season

Harness Wealth

The post-tax-season lull offers tax firms the opportunity to look inward and assess the efficiency of any number of factors. Beyond operational processes, however, one of the main areas where tax firms can improve performance is by optimizing their book of business.

Taxes 52
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A Guide to the Foreign Earned Income Exclusion (FEIE)

Harness Wealth

The rise of remote work and digital nomadism has made FEIE a common tax minimization strategy for Americans living abroad. What is the Foreign Tax Credit (FTC)? Financial and lifestyle considerations of living abroad The importance of professional tax advice for expats FAQs about the FEIE What is the Foreign Earned Income Exclusion?

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Three Things: Are You Rich?

Discipline Funds

I often note that modern day necessities like cars, phones or even basic healthcare, would have been luxuries for anyone living 100 years ago. We are unhappy about our healthcare, the cost of (our increasingly gigantic) homes, the quality of our (abundant) food and many other things that previous generations couldn’t dream of having.