The role of a financial planner is to help you and your family figure out how to best save earnings, retain value, grow holdings and meet long-term financial goals. Planners should provide short- and long-term expectations with the same portfolio, which can be quite an undertaking. The value of the planner is that he or… Read More 6 Questions You Should Be Asking When Hiring a New Financial Planner
1. Review Realized Gains & Income to Date Understanding your earnings from work is usually straightforward, but tracking what’s happening in your investment portfolio can be more complex, especially for busy professionals. Ideally, it’s wise to monitor your portfolio throughout the year to stay on top of potential tax liabilities and determine if estimated taxes… Read More 5 Year-End Tax Planning Strategies for High Income Earners
Proper Tax Planning Must Occur Before the Year Ends The fragrance of pumpkin spice is in the air, leaves are transforming into a brilliant display of reds and golds, and festive preparations are underway. Fall is not just a season of change in nature; it’s an opportunity for financial reflection. Amidst the joyous celebrations and… Read More October is the Time to Start Your Tax Planning
As a small business owner, you care about the future well-being of your employees. And just as you keep them safe in the workplace, you want to be sure you’re helping protect their future retirement as well. In doing so, it’s likely you’ve searched for effective avenues in helping employees (and yourself) contribute to their… Read More Top 5 Things Business Owners Should Know About a SEP IRA
Working with a trusted financial professional is important when it comes to strategizing and preparing to meet your financial goals. But as most of us handle money on a daily basis, it’s important to have an in-depth understanding of the fundamentals of financial literacy. Below we’ve identified five financial basics everyone should know. Understanding these… Read More Do You Have These 5 Financial Basics Down?
Compared with other forms of compensation, incentive stock options (ISOs) can provide executives and other employees with substantial tax breaks. If held for a certain period of time, shares purchased as ISOs may escape all taxes other than the relatively low long-term gains rate of 15%. But as many “paper millionaires” discovered during the most… Read More Exercise Caution When Exercising Incentive Stock Options
Estate planning is an often complex financial process that nearly all investors should consider. It includes reviewing legal and tax implications, investment strategies and personal questions to ensure your estate is set up efficiently. As we ring in 2024, let’s look at some of the most important estate planning documents you should have prepared. Wills… Read More Estate Planning: Do You Have These Documents Prepared?
In today’s digital age, where personal information is frequently shared and stored online, the risk of identity theft looms large. Identity theft occurs when someone gains unauthorized access to your personal data and uses it for fraudulent purposes, often resulting in financial loss and damage to your reputation. With cybercrime on the rise, it’s more… Read More Insurance Basics: Identity Theft Protection
Keith Weiss CFP® 