Brown Advisory

NOVEMBER 1, 2023

This Present is Accounted For: An Overview of Low-Basis Gifting Strategies achen Wed, 11/01/2023 - 11:20 After spending a career helping clients with tax and estate advice, I often see reminders and lessons about my job in the unlikeliest places. That was not the most interesting angle of the story for many readers.

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Financial Symmetry

JULY 3, 2023

When income is earned, generally some amount of tax will be due. Most taxpayers will also be presented with another form of income at least … Continued The post Will I Owe Tax on the Sale of My Home? Income can come in the form of wages, rental income, interest, dividends, and many others.

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Ballast Advisors

NOVEMBER 27, 2023

Here are some things to consider as you weigh potential tax moves between now and the end of the year. Defer income to next year Consider opportunities to defer income to 2024, particularly if you think you may be in a lower tax bracket then. Doing so may enable you to postpone payment of tax on the income until next year.

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Fortune Financial

JULY 28, 2022

When you are presented with the option to distribute your assets, you will have the choice to roll them into an IRA or place the stock into a taxable account and then roll the remaining assets into an IRA or 401(k). However, the tax deferral benefit comes at a cost tradeoff. Watch to Learn More About General Rules Surrounding NUA.

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Harness Wealth

MARCH 5, 2024

At Harness, our mission has always been to bring clarity to the tax advisory process, making it more accessible and impactful for everyone involved. Leveraging this new funding, we’re reinventing the tax advisor-client experience from the ground up. Today, we’re proud to enter a new era. Read the full announcement in TechCrunch.

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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)

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Harness Wealth

OCTOBER 5, 2023

From quarterly estimated tax planning to equity compensation and crypto tax planning, diversifying your service offerings can not only set you apart from the competition, it can also help you significantly grow your revenue and retain clients.

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Ballast Advisors

NOVEMBER 21, 2022

What are appropriate checklists for year-end tax planning? Tax planners often develop checklists to guide taxpayers toward year-end strategies that might help reduce taxes. Certain tax benefits may be available if you can claim an individual as a dependent. Family tax planning. Filing status and dependents.

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Ballast Advisors

SEPTEMBER 22, 2023

The IRS has announced guidance for the home energy audit tax credit. Fortunately, there is a federal income tax credit available equal to 30% of the amount paid for home energy audits, up to $150 per tax year. If you claim the credit, the home energy audit should be kept as part of your tax records.

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NAIFA Advisor Today

APRIL 18, 2024

David McKnight is a renowned financial advisor and expert in zero-tax retirement planning, having assisted thousands of Americans in achieving the zero percent tax bracket. He has frequently appeared in numerous national publications, including Forbes , USA Today , the New York Times , Fox Business , CBS Radio, and Bloomberg Radio.

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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

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Ballast Advisors

MARCH 17, 2023

The concept of your domicile is very different from that of your residency Domicile is an important concept in determining one’s residency status for tax purposes. Taxes Matter For tax purposes, an individual’s domicile is often considered to be their state of residency for tax purposes. Residing in Florida?

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Zoe Financial

MAY 16, 2023

Qualified withdrawals from a 529 plan are tax-free at the federal level, and some states also offer tax breaks to their residents. It’s important to evaluate the federal and state tax consequences of plan withdrawals and contributions before you invest in a 529 plan. The federal income tax treatment of these plans is identical.

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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.

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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.

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Ballast Advisors

NOVEMBER 29, 2022

How you treat those losses come tax time can mean a lot in the long run of your financial plan. Good portfolio management focuses on after tax rate of returns,” says Ballast Advisors Managing partner Paul Parnell. Tax harvesting is a method of investing that involves buying and selling assets in order to reduce capital gains taxes.

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WiserAdvisor

APRIL 12, 2023

The Roth Individual Retirement Account (IRA) and the pre-tax retirement account are two common options. Both these accounts can offer tax benefits and the chance to accumulate sufficient savings for your retirement. A Roth IRA is a tax-advantaged retirement savings account funded with your after-tax dollars.

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Indigo Marketing Agency

FEBRUARY 2, 2023

For instance, the Heath Walters Institute offers on-demand tax planning and support for financial advisors who want to better serve their high-net-worth clientele. The post Marketing Your Specialty As an Advisor: 3 Takeaways From Our Presentation at Heath Walters’ 2023 Innovation Summit appeared first on Indigo Marketing Agency.

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Fortune Financial

JULY 5, 2022

One major thing to consider when doing so is the tax bill that may come along with it. The good news is you may be able to take advantage of a little-known tax break called net unrealized appreciation (NUA) — if you qualify. . What Is NUA? You originally paid $10 per share but they are now valued at $50 per share. Reaching age 59 -1/2.

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Carson Wealth

APRIL 18, 2024

Opinions expressed by the presenter may not be representative of Cetera Advisor Networks, LLC, or CWM, LLC. For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice.

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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.

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Nerd's Eye View

APRIL 8, 2024

Which presents an opportunity for advisors with a differentiated service offering to win new clients (while also serving as a warning for advisors with business-owner clients who might be on the lookout for 'better' alternatives!). For instance, many business owners have loosely defined succession plans (or none at all!),

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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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Steve Feinberg

FEBRUARY 28, 2022

What Is A Tax Deduction? . Tax deductions (sometimes referred to as “write-off’s”) are expenses you make on behalf of your business throughout the year, the total of which can be subtracted from your final tax payment. Money you spend on promoting your business can be directly subtracted from your year-end tax burden.

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James Hendries

SEPTEMBER 20, 2022

Income shifting (also known as income splitting) may be defined as dividing income in a way that lowers overall taxes. When using these methods to shift income to a child, it’s always important to bear in mind the kiddie tax. Timing the receipt of your income can also help you lower your taxes.

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The Big Picture

OCTOBER 26, 2023

Earlier this year, I gave my first presentation since the pandemic began. I got lots of good feedback about the presentation, but my favorite note from someone in the room was: “ Thanks for identifying these issues, but how do I navigate them ? ” Great question.

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Robert B. Ritter Jr.

MAY 30, 2022

(Click here for Blog Archive)(Click here for Blog Index) (Presentations in this Blog were created using the Loan-Based Split-dollar System and Wealthy and Wise®) Blog #221 follows up on Blog #220, which described coupling Premium Financing with Wealthy and Wise® to produce a powerful wealth planning concept called “Zero Estate Tax.”

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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%.

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Zoe Financial

APRIL 8, 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?

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Zoe Financial

APRIL 22, 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?

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MarketWatch

FEBRUARY 16, 2023

H reported Thursday fourth-quarter profit that beat expectations by a wide margin, boosted by a noncash benefit of $250 million from the release of a valuation allowance on deferred taxes. Net income of $294 million, or $2.69 a share, compared with a net loss of $29 million, or 26 cents a share, in the year-ago period. Total revenue of $1.59

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Robert B. Ritter Jr.

MARCH 28, 2022

(Click here for Blog Archive)(Click here for Blog Index) (Presentations in this Blog were created using the InsMark Loan-Based Split Dollar System) Editor’s Note: This blog presents a sizzling loan-based split-dollar plan. This executive benefit will be difficult to justify if interest rates increase considerably.

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Zajac Group

OCTOBER 21, 2021

Most people understand that taxes can be a little more complicated when you have incentives stock options and other equity compensation. What they may not know is that income tax isn’t just about tax brackets to calculate your regular taxable income. Form 6251 will lead you to calculate your tentative minimum tax.

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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 (..)

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Zoe Financial

APRIL 29, 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?

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The Big Picture

APRIL 15, 2023

Bloomberg ) • The Eurochip : The quest for the European microchip from the 1980s to the present. Phenomenal World ) • The False Promise of Opportunity Zones : Tax breaks for investors don’t help poor communities. As Fox and family insiders tell it, this could just be the beginning.

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Zoe Financial

MARCH 18, 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?

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