Abnormal Returns

JANUARY 15, 2025

podcasts.apple.com) Retirement Retirement is a great time to do some creative tax planning. contessacapitaladvisors.com) What consumers need to know about property insurance. readthejointaccount.com) Taxes What you need to know about paying taxes on your crypto trading. sherwood.news) Direct File is expanding.

Retirement

Wealth Management

JUNE 10, 2025

RIA Edge Podcast: Schwab’s Jalina Kerr on How Resilient RIAs Can Turn Market Volatility Into Growth RIA Edge Podcast: Schwab’s Jalina Kerr on How Resilient RIAs Can Turn Market Volatility Into Growth Jalina Kerr of Charles Schwab shares how the most adaptive firms are expanding beyond portfolio management, into areas like estate and tax planning.

Wealth Management

Nerd's Eye View

OCTOBER 28, 2024

As someone who has been speaking at 50–70 conferences a year for 20 years myself, I've seen the good and bad of our wide range of industry events, from the industry associations to the broker-dealers and insurance companies and RIA custodians, the rise of vendor conferences and media-driven events, private company events, and more.

Financial Advisor

Nerd's Eye View

APRIL 7, 2025

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: All-in-one platform Advisor360 has announced the launch of a new standalone CRM designed specifically for independent RIAs as it attempts to make more inroads into the RIA channel – which raises the question of what other (..)

Tax Planning

Harness Wealth

APRIL 17, 2025

The Actual Expense Method opens up possibilities for larger deductions, particularly for newer or luxury vehicles, by allowing you to deduct the business percentage of real costs, including fuel, maintenance, insurance, and depreciation. To maximize these benefits, it is essential to understand what qualifies as deductible travel.

Taxes

Wealth Management

JUNE 11, 2025

Ratner June 11, 2025 2 Min Read A client whose estate will remain non-taxable after 2025 has a policy in an irrevocable life insurance trust (ILIT) that was presumably purchased for estate tax liquidity. Related: Zephyrs Adjusted for Risk: Holistic Wealth Strategy and The Essential Role of Insurance About the Author Charles L.

Wealth Management

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 17, 2025

Innovative CPA Group, which has been doing accounting and tax work since 2017, this month launched Innovative Asset Advisors Group, an RIA focused on investment management, financial administration, tax planning and preparation, and estate and trust strategies.

Wealth Management

WiserAdvisor

JUNE 16, 2025

It is important to invest in high-value item insurance to protect them. You can look for insurance companies that offer comprehensive insurance for luxury items to ensure your possessions are financially protected. Comprehensive property insurance is a must to protect your holdings from natural disasters and legal claims.

Wealth Management

Carson Wealth

JUNE 27, 2025

Insurance can be a safety net against many types of losses, shielding your assets from unexpected events and liabilities. Mass-market insurance may not fit all your needs, so working with an insurance professional who understands the UHNW market is essential. Tax planning. Estate planning.

Financial Planning

Harness Wealth

APRIL 30, 2025

This article will explore how to navigate complex tax situations arising from multiple income sources, examining various income types, reporting requirements, self-employment obligations, and strategic approaches to record-keeping and tax planning that can help protect your financial interests.

Taxes

Harness Wealth

APRIL 17, 2025

While this cap creates challenges for residents of high-tax states, it remains a valuable deduction for many individuals who itemize their deductions. You can access several above-the-line deductions, including business expenses, health insurance premiums, and half of your self-employment taxes. Are you self-employed ?

Taxes

The Big Picture

JULY 16, 2025

Not purchased long-term care insurance and may have really good reasons to not have done so. So I would urge planners and individuals pursuing their own retirement plans to think about building in some of those lifetime, uh, giving, uh, aspirations. And you’re also doing a little bit of tax planning as well.

Retirement

International College of Financial Planning

JULY 2, 2025

Whether it’s investment planning, retirement planning, tax strategy, estate management, insurance planning, or holistic money management, the CFP designation proves that you can deliver advice that is both competent and client-centric.

Financial Planner

Wealth Management

JULY 18, 2025

is joining the trend toward combining wealth management and tax planning by merging with Brookfield, Wis.-based Mergers and partnerships between RIAs and tax firms have moved beyond sharing client referrals to bringing the practices into one firm or relationship. billion registered investment advisor based in Madison, Wis.,

Accounting

Harness Wealth

DECEMBER 30, 2024

In California, for example, RSU income is considered compensation income, which means in addition to income tax, its subject to payroll taxes such as federal Social Security tax, Medicare tax, and California State Disability Insurance.

Taxes

Carson Wealth

FEBRUARY 4, 2025

While most taxpayers dont need to worry about estate and gift taxes, having significant assets can make them a challenge. Also, like most UHNW individuals, you may have income from several sources like investments, real estate, and business interests that may require special tax planning. This isnt an exhaustive list.

Risk Management

Harness Wealth

MARCH 6, 2025

A good rule of thumb is to set aside at least 30% of every payment you receive to cover your estimated tax obligationshowever, this percentage may need to be adjusted based on your individual tax bracket. On the whole, its advisable to consult a tax adviso r to develop a dependable tax plan.

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

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

Workable Wealth

OCTOBER 14, 2020

This could come in many forms: Negative spending habits Little to no emergency fund Inadequate investment vehicles Improper risk management and insurance coverage Making emotional financial decisions Overpaying on taxes Acquiring unnecessary debt Incurring penalties and fees Let’s look at a few of these examples more in-depth.

Financial Planning

Harness Wealth

JULY 14, 2025

Business ownership and deductible costs: If artwork or other collectibles are held through a legitimate business structure (and not purely for personal enjoyment), certain ordinary and necessary business expenses related to their ownership, such as secure storage costs and insurance premiums, might be deductible.

Taxes

Harness Wealth

FEBRUARY 5, 2025

expats to further reduce their taxable income by excluding a portion of qualifying housing expenses, such as rent, utilities (excluding TV and internet), insurance, property taxes, and furniture rentals. The Foreign Housing Exclusion allows U.S.

Taxes

Darrow Wealth Management

JULY 24, 2025

Other miscellaneous items: Mortgage insurance premiums: The deductibility of mortgage insurance premiums will be allowable starting in 2026. Reminder: Don’t Let the Tax-Tail Wag the Dog The sweeping OBBB is another great reminder of why taxpayers shouldn’t let tax planning take an outsized role in financial decision-making.

Taxes

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

Nerd's Eye View

DECEMBER 30, 2024

We start with several articles on retirement planning: Why considering a client's retirement time horizon and spending flexibility could lead to more accurate (and often higher) safe withdrawal rates than the simpler "4% rule" Four unique risks retirees face when drawing down their assets, from sequence of returns risk to tax risk, and how financial (..)

Financial Advisor

NAIFA Advisor Today

MAY 12, 2025

Join us on Wednesday, May 28, 2025, from 12:00 to 1:00 pm Eastern for an in-depth webinar exploring the growing popularity of cash balance plans and how they can be leveraged to serve clients' retirement and tax planning goals. This session will cover: How to layer a cash balance plan on top of an existing retirement plan.

Planning

Yardley Wealth Management

SEPTEMBER 24, 2024

A financial professional can handle the day-to-day tasks of financial management, such as investment research, portfolio rebalancing, and tax planning, allowing you to enjoy greater efficiency and peace of mind. Comprehensive Financial Planning: Financial planning is a holistic process. It also includes estate planning.

Tax Planning

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. Lothes is a partner at Gilmore, Rees & Carlson, P.C., located in Wellesley, Massachusetts.

Distribution

Harness Wealth

FEBRUARY 4, 2025

Carried Interest (Private Equity & Hedge Funds): Private equity and hedge fund managers benefit from carried interest, allowing their earnings to be taxed at lower long-term capital gains rates instead of ordinary income rates. PPLI also provides the opportunity for tax-free compounding within the policy, as long as funds remain invested.

Taxes

Harness Wealth

APRIL 16, 2025

Qualified beneficiaries can receive distributions without incurring income taxes, creating a valuable wealth transfer tool. Many financial planners view Roth conversions as a hedge against future tax increases, considering current federal debt levels and projected entitlement spending. What was a Roth IRA recharacterization?

Taxes

Harness Wealth

MARCH 20, 2025

Home office space deductions Business equipment deductions Travel expense deductions Vehicle mileage deductions Business meal deductions License fee deductions Health insurance deductions Retirement contribution deductions How do I claim home office tax deductions? How Harness can help FAQs Am I eligible for home office tax deductions?

License

Fintoo

JULY 17, 2025

We all want a life where we feel financially safe and secure—where the unexpected doesn’t knock down everything we’ve worked so hard to build. But in today’s unpredictable world, that sense of security can feel fragile. Have you ever asked yourself: If yes, you’re not alone.

Economy

Harness Wealth

FEBRUARY 19, 2025

Business entities that are exempt from BOI reporting requirements include: Securities reporting issuers Governmental authorities Banks Credit unions Depository institution holding companies Money services businesses Brokers or dealers in securities Securities exchanges or clearing agencies Other Exchange Act registered entities Investment companies (..)

Taxes

Cornerstone Financial Advisory

MARCH 14, 2025

The following are the most important parts of a financial steward’s estate plan: Will: Specify asset distribution , guardianship, and charitable giving aligned with Christian values. Charitable Giving Plan: Develop a strategy for supporting Christian ministries and charities.

Estate Planning

Harness Wealth

MAY 2, 2025

Unless Congress intervenes, the TCJAs sunset will usher in a swathe of tax increases in 2026, with analysts estimating that over $4 trillion worth of tax hikes could take effect. Estate and gift tax planning Maximize gift tax exemption: Encourage clients to use the currently higher $13.61 million (single) / $27.22

Taxes

Harness Wealth

JULY 31, 2025

When the clock strikes midnight on that New Year’s Eve, approximately half of the current estate tax protections will vanish, potentially exposing millions in family wealth to a 40% federal tax rate. This article outlines strategic planning options for navigating the sunset provisions ahead.

Estate Planning