Darrow Wealth Management

NOVEMBER 17, 2022

The surtax will increase the Massachusetts tax liability by $68,000 on the sale of their home. A tech employee at a startup has stock options. Further, both examples ignore other sources of income, such as wages, pre-tax retirement account distributions, dividends, etc., that could increase the tax due from the surtax.

Taxes 102

Taxes Wealth Management Tax Planning Planning 102

Harness Wealth

OCTOBER 24, 2024

Childcare Expenses: Information on childcare providers, including their tax identification numbers and receipts of the amount paid, to claim childcare credits. Retirement Contributions: Proof of contributions to IRAs, 401ks, or other retirement plans, which may be deductible. Get started with Harness today.

Taxes 52

Taxes Insurance Insurance Coverage Medical 52

WiserAdvisor

SEPTEMBER 8, 2023

Delaying specific actions until your retirement is finalized can help you better prepare for this significant life transition. You may consult with a financial advisor to understand how to prepare for retirement and the importance of adopting a prudent approach to retirement planning.

Retirement 59

Retirement Retirement Planning Financial Advisor Budgeting 59

Harness Wealth

MARCH 11, 2024

As a company founder, early startup employee, or small business owner, you may find yourself in a higher tax bracket as your business grows or you realize gains from equity compensation. But that doesn’t mean you simply have to accept a higher tax bill.

Startup 59

Startup Taxes Medical Retirement 59