Integrity Financial Planning

JUNE 12, 2023

As you plan for retirement, it’s important to consider tax optimization strategies to minimize your tax liabilities. Here are three key ways to optimize taxes in retirement, based on information from sources published between 2022 and 2023.

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Taxes Liabilities Consultants Consulting 92

The Motley Fool

OCTOBER 8, 2023

Social Security benefits may be taxed but generally aren't double -taxed First and foremost: Yes, with a few exceptions, you can still collect Social Security retirement benefits you're eligible to receive when you're living overseas. Chief among them is how these payments are taxed. income tax on their Social Security benefits.

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Taxes Liabilities Prospects Banks 246

The Motley Fool

DECEMBER 22, 2023

Not only do the holidays inspire goodwill and cheer, but many people are interested in writing off their donations as we close out the tax year. But there's also a lot of confusion about charitable donations and when you can write them off for tax purposes. To write off a charitable deduction, you'll need to itemize your tax return.

Taxes 246

Taxes Mutual Funds Exchange-Traded Funds Consultants 246

The Motley Fool

JANUARY 22, 2024

But along with forming an LLC, filing annual reports for a corporation, or filing business tax returns, now there's a new one called "BOI." In most states, with just some simple paperwork and a small fee, you can set up a small business that has its own separate identity for banking , taxes, and liability purposes.

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The Motley Fool

MARCH 16, 2024

Image source: Upsplash/The Motley Fool At this point, many people are deep in the throes of doing their taxes. To that end, it pays to claim any tax credits you're entitled to, as they'll reduce your IRS liability on a dollar-for-dollar basis. And your goal may be to try to eke out the most savings on your return as you can.

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Taxes Consultants Consulting Liabilities 147

The Motley Fool

MAY 8, 2024

Whether it's a graphic design consulting business, a small online craft store, a cupcake bakery, or a home-based meal prep service, a side hustle can be a great way to earn extra cash. It can offer some extra tax advantages. Image source: The Motley Fool/Upsplash So you've started a side hustle.

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The Motley Fool

JULY 24, 2023

You get tax-free distributions in retirement, which is a pretty sweet perk, even though you don't get to deduct your contributions on your taxes. You'll also avoid taxes and penalties if you withdraw your contributions (but not the investment earnings) at any time. Which option yields the better tax savings?

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Taxes Consultants Consulting Liabilities 245

Fortune Financial

JULY 28, 2022

When you transfer most assets to a taxable account, there will be income tax, but with company stock, you can take advantage of net unrealized appreciation (NUA). . However, the tax deferral benefit comes at a cost tradeoff. Almost every dollar distributed from a pretax retirement account will be taxed at ordinary income tax rates.

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Ballast Advisors

MARCH 17, 2023

Reducing your tax liability can literally save you thousands of dollars Tax season can be a stressful time for many people, especially if you’re not fully prepared. However, with some advance planning and preparation, you can take steps to reduce your tax bill for the upcoming year.

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Walkner Condon Financial Advisors

MARCH 16, 2023

As we are now within 30 days of the April 18 tax filing deadline (April 15 falls on a weekend and April 17 is a federal holiday), it is important to begin organizing your documents and creating a plan to file your taxes, if you have not done so already. Filing Late One of the most common mistakes is filing your tax return late.

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The Motley Fool

JULY 20, 2023

Plan for the tax bill Whether you take the $516.8 million lump sum or you annuitize the $1 billion, expect to pay a lot in taxes. Lottery agencies are required to withhold 24% of prizes above $5,000 for federal taxes. Again, consult with your financial professionals about tax strategies.

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Taxes Consultants Consulting Liabilities 246

Hedgestone

JULY 11, 2023

As a business owner, you may be wondering if you can sell your business if you owe taxes. The answer is yes, but it is essential to understand the implications of selling a business that owes taxes. Taxes can be a significant factor in determining the value of your business, and they can also complicate the sales process.

Taxes 40

Taxes Liabilities Amortization Depreciation 40

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?

Taxes 40

Taxes Liabilities Consultants Consulting 40

The Motley Fool

APRIL 24, 2024

We had good performance in software, at the high end of our model; continued strength in infrastructure, above our model; while consulting was below model. On a relative basis, consulting outperformed the market. Similar to last quarter, this remains weighted toward consulting. billion of operating pre-tax income, and $1.68

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The Motley Fool

JANUARY 24, 2024

We entered the year intent on enhancing our Software portfolio and strengthening our Consulting position. Consulting has delivered durable revenue growth through the year despite an uneven macro environment. Consulting has delivered durable revenue growth through the year despite an uneven macro environment. We have done both.

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Consultants Consulting Taxes Leveraging 130

Pension Pulse

MARCH 28, 2024

This is the pension opportunity of a lifetime,” said Scott Jarboe, a partner at consulting firm Mercer. Using the surplus isn’t straightforward, but strategies for dealing with it could mean more business flowing to pension consultants and financial firms like Mercer, a unit of Marsh McLennan, and Goldman Sachs Group Inc.

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Consultants Consulting Liabilities Mergers and Acquisitions 59

Fortune Financial

JUNE 2, 2023

In retirement, how you distribute that company stock will play a key role in determining your tax liability for its value. NUA is a tax strategy that applies to individuals who hold employer stock within their employer-sponsored retirement plans, such as a 401(k). Let’s take a look at four key tax benefits of NUA.

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The Motley Fool

OCTOBER 25, 2023

In this past quarter, we saw good revenue growth in software and consulting. To bring our AI capabilities to life, we have more than 20,000 data and AI consultants, including a center of excellence for generative AI. These consultants also provide valuable real-time feedback to other product teams. We delivered $14.8

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Fortune Financial

APRIL 11, 2024

Consult with a Fortune Financial advisor for personalized advice on maximizing the growth of your recovered funds. Tax-Efficient Management of 401(k) and ESOP After Employer Separation Efficient tax management of 401(k) and ESOP holdings post-employment is critical to help secure a financially stable retirement.

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Fortune Financial

FEBRUARY 4, 2024

Will you end up paying too much in ordinary income taxes for company stock in your 401(k) plan? With our deep expertise and qualifications in NUA strategies, our experts are adept at navigating the complexities of tax-efficient retirement planning. This appreciation becomes critical when considering tax implications upon withdrawal.

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Taxes Consultants Consulting Education 59

Walkner Condon Financial Advisors

JULY 24, 2023

By: Alicia Vande Ven You should always consult a financial, tax, or legal professional familiar about your unique circumstances before making any financial decisions. Final wishes regarding funeral and burial Conversations about money can be difficult. This material is intended for educational purposes only.

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The Motley Fool

JULY 19, 2023

We again had strength in our growth vectors of software and consulting and solid cash generation, consistent with our financial model. Our consultants use their technical and business knowledge to speed up clients' digital transformation journeys and help drive adoption of our technology platforms. Our path is clear. We delivered $15.5

Consultants 100

Consultants Consulting Taxes Leveraging 100

The Motley Fool

APRIL 18, 2024

Workers' compensation decreased mid-single digits while financial and professional liability rates were down 7%, and cyber pricing decreased 6%. Revenue grew 9% on an underlying basis with 9% growth in both RIS and in consulting. In the consulting segment, first quarter revenue was $2.2 billion, up 9% on an underlying basis.

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Companies Securities and Exchange Commission (SEC) Consultants Consulting 130

The Motley Fool

FEBRUARY 22, 2024

They act not only as product suppliers, but technical experts who consult and help customers through their development and scale-up challenges. As a result of shifting to a GAAP-based pre-tax loss in 2023 and assessing our forward-looking GAAP book income projections. Acquisitions remain a key component of our strategy moving forward.

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Taxes Liabilities Banks Capital 130

Fortune Financial

SEPTEMBER 25, 2023

Tax Considerations Be mindful of tax implications related to your goals. Certain investments or strategies may offer tax advantages, while others could result in higher tax liabilities. Certified Public Accountant (CPA) CPAs specialize in tax planning and accounting.

Securities and Exchange Commission (SEC) 59

Securities and Exchange Commission (SEC) Fee Structure Education Taxes 59

Hedgestone

JULY 13, 2023

Investors or buyers typically analyze the company’s financial statements, tax returns, and other relevant financial data to assess its performance. Assets and Liabilities The value of a business’s assets and liabilities is also taken into account when valuing the company.

Liabilities 52

Liabilities Due Diligence Assets Taxes 52

The Motley Fool

MAY 1, 2024

Our AA rated financial strength represents a strong capital position, including approximately $48 billion of unrealized insurance margins over $4 billion in highly liquid assets at the end of the first quarter, a high-quality, well-diversified investment portfolio and a disciplined approach to asset liability management. billion or $3.12

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Liabilities Assets Capital 130

BlueMind

NOVEMBER 24, 2022

Consequently, HNW clients usually have more than one wealth management advisor handling all of their financial concerns, be it handling their investment goals, personal liability insurance, estate taxes, or managing overseas assets.

Liabilities 98

Liabilities Assets Taxes Consultants 98

Fortune Financial

SEPTEMBER 25, 2023

Tax Considerations Be mindful of tax implications related to your goals. Certain investments or strategies may offer tax advantages, while others could result in higher tax liabilities. Certified Public Accountant (CPA) CPAs specialize in tax planning and accounting.

Securities and Exchange Commission (SEC) 52

Securities and Exchange Commission (SEC) Fee Structure Education Taxes 52

The Motley Fool

AUGUST 10, 2023

million impairment charge net of tax related to the sale of our 92.3% million net of tax for fair value adjustments on finished goods inventories that were expensed during the quarter. million in taxes paid. Our annual tax payments are typically the highest in Q1 and Q2. Maybe one last question just on the tax.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Consultants Consulting Assets 130

Hedgestone

JULY 10, 2023

It’s a crucial step in the buying and selling of businesses, and it’s also necessary for tax purposes, financial reporting, and legal matters. The Asset Approach: This approach looks at the company’s assets and liabilities to determine its value. Each of these approaches has its strengths and weaknesses.

Liabilities 52

Liabilities Due Diligence Assets Earnings Before Interest 52

Walkner Condon Financial Advisors

APRIL 26, 2024

This is especially important in states like Wisconsin, where all assets and liabilities are split 50/50 with your partner once you get married. You should always consult a financial, tax, or legal professional familiar about your unique circumstances before making any financial decisions.

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Financing Finance Accounting Assets 103

The Motley Fool

MARCH 20, 2024

Services grew 5% to last year, driven by an attachment rate that increased by nearly 350 basis points, reflecting newly implemented offerings like post-repair ESAs as well as point-of-sale prompting for our jewelry consultants. This means our cash tax rate will be well below our effective tax rate. Our GAAP EPS of $15.01

Taxes 130

Taxes Consultants Consulting Leveraging 130

The Motley Fool

FEBRUARY 22, 2024

million in taxes paid and inclusive of $56.1 The impact of the impairment and the closure of decommissioning liability was removed from adjusted earnings. I look forward to receiving the report and working with the MEM to ensure accurate information is communicated to the Xinka participating in the consultation process.

Consultants 100

Consultants Consulting Assets Banks 100

Hedgestone

JULY 5, 2023

A lawyer can also advise you on legal issues such as liability, tax implications, and intellectual property rights, ensuring that you are not unknowingly giving up any valuable assets or assuming any unwanted liabilities. Contact us today at (561) 593-3711 for a free consultation.

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Due Diligence Legal Consultants Consulting 52

The Motley Fool

FEBRUARY 15, 2024

While this trend continues, and in some cases to our benefit, we are seeing encouraging signals of a general rebound for build-based solutions and for traditionally strong Continuum capabilities in advanced tech, data experience, consulting, and AI. Our GAAP effective tax rate for the quarter came in at 23.4%

Consultants 100

Consultants Consulting Taxes Leveraging 100

Hedgestone

JULY 11, 2023

Limited Liability Company (LLC): If the business is an LLC, the buyer will purchase the departing member’s membership interest. This can be done through a business valuation, which considers various factors such as revenue, assets, and liabilities. We value our clients and provide exceptional service every step of the way.

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Due Diligence Buyout Legal Liabilities 40