Harness Wealth

FEBRUARY 20, 2024

In this guide, we explore the four main types of tax professionals and the benefits of working with a tax advisor to help navigate challenging tax scenarios. We’ll dive into what a tax advisor does, and help you make an informed decision about which type of tax professional is right for you.

Taxes 52

Taxes License Education Tax Planning 52

Nerd's Eye View

OCTOBER 2, 2023

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: Holistiplan, after achieving success with its tax planning and analysis software, has announced an investment from Lead Edge Capital, signaling that it may be ready to expand into other financial planning areas beyond tax – (..)

Communication 226

Communication Portfolio Management Clients Tax Planning 226

Harness Wealth

NOVEMBER 27, 2023

Within the accounting profession, Client Accounting Services (CAS) has emerged as a pivotal offering for entrepreneurial CPAs wishing to help their clients with more than just annual tax filings. Core components of CAS involve bookkeeping, payroll, tax planning & compliance services customized for each client.

Accounting 59

Accounting Clients Compliance Taxes 59

Harness Wealth

APRIL 28, 2023

If you earn income from various sources throughout the year, such as equity windfalls, venture capital fund distributions, crypto investments, and sales, or small business income, you will need to pay estimated quarterly taxes. Table of Contents What Are Estimated Quarterly Taxes?

Taxes 52

Taxes Distribution Startup Assets 52

Harness Wealth

JUNE 9, 2023

While it may seem like a luxury that is only available to the wealthy, anyone is capable of building an effective financial plan and putting it into action. Without effective personal financial management, you risk losing money to poor budgeting, poor tax planning, or even just to inflation.

Financial Planning 52

Financial Planning Planning Financial Planner Wealth Management 52

Harness Wealth

MARCH 18, 2022

In this article on evaluating startup offers, we discuss: What’s typically shared about equity? How much will I be able to net after taxes? Number of stock options or RSUs. For tax purposes, those initial shares have a very low value (typically a fraction of a cent). How much will I be able to net after taxes?

Valuation 52

Valuation Taxes Tax Planning Startup 52

Harness Wealth

MARCH 9, 2023

In the course of its IPO planning in 2021, Reddit reported having roughly 344,000 Premium users, equating to around $24 million per year in non-advertising revenue. Exercising options means that you are buying shares at your strike price, a number set at the time the options were granted. What should Reddit shareholders do?

Planning 52

Planning Taxes Advertising Tax Planning 52

Harness Wealth

MARCH 23, 2023

If you receive restricted stock or have the ability to exercise your stock options prior to vesting (early exercise), an 83(b) tax election enables your equity to be taxed when it is issued rather than when it vests. If your equity goes up in value, the benefit of an 83(b) election is that you pay less taxes on your equity.

Taxes 52

Taxes Startup Planning Management 52

Bell Investment Advisors

JUNE 16, 2022

Tax Matters. Once your needs are covered, you’re ready to create your plan. Start by getting clear on gift and estate tax laws. In 2022, anyone can give any recipient up to $16,000 in assets per year without owing federal gift taxes. Transfers over that amount are subject to a tax rate of up to 40%.

Taxes 52

Taxes Assets Financial Planner Education 52

Darrow Wealth Management

MARCH 24, 2024

6 tax strategies for incentive stock options and AMT Triggering the alternative minimum tax isn’t the end of the world, but you don’t want to do it by accident. Exercise ISOs early in the year to manage or avoid AMT To get long-term capital gains tax treatment, you need to hold ISOs through the end of the year of exercise.

Taxes 59

Taxes Tax Planning Planning Financial Advisor 59

Harness Wealth

MARCH 3, 2023

How do taxes work in a tender offer? Stripe is facing a hefty tax bill associated with the equity compensation of its many employees. If a Stripe IPO were to happen before then, employees would sell their shares and use some of the proceeds to cover their own personal taxes. How do taxes work in a tender offer?

Taxes 52

Taxes Valuation Startup Sales 52

The Big Picture

OCTOBER 19, 2022

RAMPULLA: I went to Drexel part time while I was at Vanguard, did that commute down to Philadelphia from the suburbs, you know, three times a week for a number of years. It was a startup. It felt like a startup. I mean, it wasn’t quite a startup. I was employee number one in London. RAMPULLA: Yeah.

Financial Advisor 274

Financial Advisor Clients Taxes Investing 274