Nerd's Eye View

MAY 31, 2023

The 2017 Tax Cuts & Jobs Act introduced a $10,000 limit on the State And Local Tax (SALT) deduction that was previously available for taxpayers who itemized their deductions. Another set of considerations involves owners of businesses that operate in multiple states, which can compound the complexity of electing a PTET.

Taxes 246

Taxes Planning Tax Planning Numbers 246

Nerd's Eye View

NOVEMBER 9, 2022

Health Savings Accounts (HSAs) are one of the most popular savings vehicles because of their triple-tax advantage: account owners can take an above-the-line tax deduction for eligible contributions, growth in the account is tax-deferred, and withdrawals are tax-free if they are used for qualified healthcare expenses.

Accounting 246

Accounting Taxes Healthcare Medical 246

Wealth Management

MARCH 18, 2025

Jack Elder and Tracey Ullom describe how a survivorship standby trust may present an attractive alternative for married couples.

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Taxes 237

Nerd's Eye View

JANUARY 24, 2025

Nonetheless, given the scale and brand awareness of the wirehouses, and as their own use of fee-based models increases (as opposed to primarily relying on commissions from selling products), competition for clients (and advisors) will likely remain stiff going forward, even amidst the favorable trends for RIAs Also in industry news this week: A recent (..)

Financial Planner 246

Financial Planner Asset Allocation Clients Commission 246

Harness Wealth

APRIL 4, 2025

This weeks Tax Advisor Weekly covers key updates for financial professionals. We begin with guidance on navigating property tax considerations during business mergers and expansions. In this blog post, well cover key business events that impact property tax and business licenses, along with what you need to consider for each.

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Taxes License Banking Government 52

Harness Wealth

APRIL 30, 2025

Without proper planning, taxes can unexpectedly take a large bite out of the proceeds, potentially reducing financial security and the legacy. When you understand various exit strategies and their tax implications early, you position yourself to make informed decisions that maximize after-tax value while ensuring a smooth transition.

Taxes 52

Taxes Planning Tax Planning Sales 52

Nerd's Eye View

MAY 13, 2025

In this episode, we talk in-depth about how Ed identified the 1986 Tax Reform Act as an opportunity for him as young accountant to dig into the new rules regarding IRAs (that older accountants weren’t interested in touching), how Ed was able to significantly raise his fees in his accounting practice with little pushback from clients by focusing (..)

Financial Advisor 130

Financial Advisor Accounting Education Estate Planning 130

Nerd's Eye View

APRIL 7, 2025

Advisor workflow support solution Hubly has been acquired by Docupace, which suggests that Hubly might have struggled to gain a critical mass of users as a solution to help solve the shortcomings of advisor CRM systems' workflow capabilities – especially given that the price of Hubly was often as much or more expensive than the CRM platforms (..)

Tax Planning 130

Tax Planning Taxes Planning Clients 130

Zajac Group

JANUARY 24, 2025

Now this begs the question If your late-stage private company presents a tender offer, whats the right move to make for your immediate and long-term financial well-being? Lets assume your company announces tomorrow that a tender offer is being presented to all employees with shares of company stock. Another downside to consider?

Taxes 52

Taxes Portfolio Investing Investments 52

Harness Wealth

JANUARY 29, 2025

Tax-loss harvesting is a powerful strategy that investors can use to reduce their taxable income. As effective as tax-loss harvesting can be, there are a number of important details that investors need to be aware of in order to implement the strategy successfully while following regulations. How does tax-loss harvesting work?

Taxes 52

Taxes Assets Sales Portfolio 52

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 52

Startup Taxes Tax Planning Transportation 52

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 62

Taxes Tax Planning Retirement Planning 62

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. What is an RSU?

Taxes 52

Taxes Tax Planning Compliance Planning 52

Harness Wealth

APRIL 17, 2025

Tax deductions can save you thousands annually by reducing your taxable income through legitimate business expenses. Understanding these deductions is more critical than ever as tax laws evolve, presenting new opportunities for savings. Understanding this distinction is crucial for maximizing your tax benefits effectively.

Taxes 52

Taxes Tax Planning Professional Services Planning 52

Abnormal Returns

MAY 31, 2023

open.spotify.com) Taxes What Is a 83(b) election? thomaskopelman.com) Who is eligible for the retirement savings tax credit? tonyisola.com) "Personal Finance Mistakes You're Probably Making" a presentation by Prof. podcasts.apple.com) Morgan Housel on the 'art of spending money.' moneytalks101.substack.com) linkedin.com)

Retirement 246

Retirement Taxes Media Investments 246

Nerd's Eye View

NOVEMBER 1, 2023

There are many tax planning strategies that allow financial advisors to demonstrate the ongoing value they provide to clients in exchange for the fees they charge. Advisors also can support the backdoor Roth process by communicating with clients' tax preparers about the strategy and why they are recommending it for their mutual client.

Taxes 246

Taxes Accounting Clients Retirement Planning 246

Harness Wealth

MARCH 27, 2025

As dynamic as the secondary market may be, secondaries come with complex tax implications that can significantly impact returns if not properly managed. What are the tax implications of secondary transactions? What are the tax challenges in secondary transactions? What tax strategies optimize secondary investments?

Taxes 52

Taxes Tax Planning Assets Compliance 52

The Big Picture

JULY 29, 2022

Compared to futuristic and spacey models like 2023 Genesis GV60 and the Kia EV6 , Audi’s crossovers present as very familiar vehicles that just happen to have an electric powertrain. These are all before federal and state tax credits. Unlike their EV competitors, Audi is simply electrifying their current line of ICE SUVs.

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Taxes 291

Abnormal Returns

APRIL 19, 2023

(open.spotify.com) Direct indexing Ten years of live numbers on a tax-loss harvesting program. peterlazaroff.com) Just in time for tax day, a custom indexing linkfest! axios.com) Peter Lazaroff on what direct indexing is and how it works.

Taxes 246

Taxes Planning Retirement Accounting 246

Zoe Financial

JANUARY 28, 2025

Nothing in these materials is intended to serve as personalized tax and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Facts presented have been obtained from sources believed to be reliable. Zoe Financial does not provide legal advice.

Marketing 98

Marketing Marketing Financial Advisor Investing 98

Zoe Financial

APRIL 7, 2025

Tariffs impact: Proposed increases could raise the effective tax rate on U.S. Consider speaking with a financial advisor about risk tolerance and strategies like tax loss harvesting. Facts presented have been obtained from sources believed to be reliable. Oil: Also down nearly double digits for the week. imports from 2.3%

Marketing 81

Marketing Marketing Risk Tolerance Financial Advisor 81

Nerd's Eye View

DECEMBER 23, 2022

A review of financial planning actions, from tax-loss harvesting to charitable giving, that have a December 31 deadline. How the holiday season presents an opportunity to have important money-related conversations with family members. How ‘regifting’ can help save money and reduce waste. Read More.

Financial Planner 246

Financial Planner Financial Planning Retirement Planning Budgeting 246

Nerd's Eye View

JANUARY 8, 2024

represent our past and present industry's reactive focus on coming up with solutions to address client problems, Financial Advice 3.0 Peter Attia, author of the book Outlive: The Science & Art of Longevity , describes the trajectory of medicine in 3 stages: Medicine 1.0 Specifically, Financial Advice 3.0

Financial Advice 245

Financial Advice Medicine Financial Planning Estate Planning 245

Nerd's Eye View

OCTOBER 23, 2024

Though in practice, while a 1% AUM fee is a common 'starting point' in the industry, the actual fee structure can vary based on the firm's approach; for example, some firms may reduce the fee for high-net-worth clients, or charge an additional fee for separate and additional services (from deeper financial planning to add-ons like tax preparation).

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Clients Financial Advice Financial Planning Financial Advisor 246

Nerd's Eye View

JANUARY 13, 2025

And for those who don't want to join the team full-time but would simply like to 'Nerd Out' with us for a bit and share what they do or know with their fellow advicers, remember to check out our "How To Contribute" page to see how you can engage with the Kitces platform as a guest writer, presenter, or podcast guest!

Financial Advice 148

Financial Advice Ethics Financial Planning Education 148

Nerd's Eye View

SEPTEMBER 8, 2023

Read More.

Financial Planner 246

Financial Planner CFP Clients Investment Planning 246

Nerd's Eye View

JULY 8, 2024

interest rates, and relatively little new tax legislation (yet). After several turbulent years in both markets and workforces, 2024 appears to be the 'most normal' year of late, with strong market performance, cooling (or at least no longer rising!?)

Ethics 239

Ethics Education Financial Advice Taxes 239

Nerd's Eye View

MARCH 25, 2024

This can be curated by assessing present team needs (which means the theme will likely change from retreat to retreat). As a starting point, to get the most out of a team retreat, it's important to focus on 1 key theme driving the feeling that team members should leave with at the end of the retreat.

Planning 246

Planning Taxes Management Clients 246

NAIFA Advisor Today

APRIL 10, 2025

United States has significantly altered the landscape of buy-sell planning for business owners facing potential estate tax exposure. This landmark ruling presents both challenges and opportunities to reimagine how buy-sell structures are designed and implemented.

Planning 52

Planning Valuation Insurance Taxes 52

Don Connelly & Associates

DECEMBER 16, 2024

Whether planning for retirement, investing in volatile markets, or managing tax implications, clients are often presented with intricate information that can leave them overwhelmed, confused, and anxious, undermining their ability to make informed decisions.

Communication 52

Communication Financial Advisor Financial Planning Clients 52

Nerd's Eye View

APRIL 7, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the T3/Inside Information Software Survey is available, providing insights into which technology tools advisors use and their level of satisfaction with them, which highlighted the continued rise of specialized financial planning (..)

Financial Planner 246

Financial Planner Ethics Financial Advisor Clients 246

Nerd's Eye View

FEBRUARY 19, 2024

Finally, the annual T3/Inside Information Software Survey, which assesses the software programs used by financial advisors, found that tax planning tools are on the rise – with adoption rates jumping from 30% to 43%.

Financial Advice 244

Financial Advice Consulting Engineering Financial Advisor 244

eMoney Advisor

APRIL 11, 2023

Financial planning and tax planning go hand in hand. Including tax planning as part of your service provides clients a comprehensive view of their finances and helps them achieve their financial goals. Start with Document Sharing The first step is to ask your clients to share their tax documents with you.

Tax Planning 77

Tax Planning Financial Advisor Taxes Planning 77

NAIFA Advisor Today

MAY 12, 2025

Their appeal lies in their flexibility, tax advantages, and ability to help small business owners save more for retirement while reducing taxable income. Tax advantages unique to this type of plan. Armando Testani , Retirement Services Consultant at Security Mutual Life Insurance Company , will lead the presentation.

Planning 52

Planning Retirement Planning Retirement Tax Planning 52

Zoe Financial

NOVEMBER 11, 2024

Nothing in these materials is intended to serve as personalized tax and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Facts presented have been obtained from sources believed to be reliable. Ready to Grow Your Wealth?

Marketing 52

Marketing Marketing Taxes Financial Advisor 52

Nerd's Eye View

FEBRUARY 5, 2024

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: Dispatch (formerly OneAdvisory) recently raised $8 million in seed funding as it seeks to provide a centralized data warehousing solution for advisory firms and eliminate the need for point-to-point data integrations between individual (..)

Estate Planning 246

Estate Planning Financial Planning Planning Wealth Management 246

Zoe Financial

MARCH 3, 2025

Nothing in these materials is intended to serve as personalized tax and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Facts presented have been obtained from sources believed to be reliable. Ready to Grow Your Wealth?

Marketing 52

Marketing Marketing Economics Taxes 52