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Incentive Stock Options: Plan for Alternative Minimum Tax (AMT) Considerations

November 21, 2023 | By Jack Meccia, Managing Director of Tax Strategy, and Joe Meccia, Managing Director of Tax Planning of Allegoriq, LLLP

For employees at late-stage private companies, having Incentive Stock Options where the 409A valuation (or, stated simply, the current valuation) exceeds the grant price might feel like buying a new home that requires renovating. Your cynical side wonders whether the home is actually worth what the appraiser says, and if you should really be putting any additional money into it. Your pragmatic side embraces that this wealth-building opportunity could build a legacy. 

Understanding Equity Compensation at Privately Held Companies

November 16, 2023 | By Brant Cavagnaro, CFA, CFP®, ECA and Joe Orff, CFA, CFP®

The valuation and exercise of stock options with privately held companies introduces unique complexities for investors. In this Insight, I will review some key considerations with a focus on the main differences between common types of equity compensation and their implications for taxes.

Eight Year-End Financial Planning Recommendations as 2024 Approaches

November 9, 2023 | By Tim Daly, CPA

2024 is on the horizon, and we recommend taking advantage of some key planning opportunities before 2023 expires. The start of any new year marks a challenging time for financial planning, and today’s volatile economic landscape only heightens the sense of uncertainty.

What are Health Savings Accounts (HSAs) and should I have one?

October 11, 2023 | By Matthew Gordon, CFP®, RLP® and Tim Daly, CPA with contributions from our interns Maya Monsour and Rohan Sagar

Health Savings Accounts (HSAs), as the name implies, are savings accounts for health care expenses. There are restrictions on who may contribute, how much, and what counts as a qualified medical expense. It is worth exploring whether you have the opportunity to participate in one of these accounts as they provide some compelling tax benefits.

Understanding the Pros and Cons of Real Estate Investing

September 7, 2023 | By Joe Orff

Anyone who has lived in, rented, or owned a home or apartment has some level of familiarity with real estate. Compared to other investments like stocks and bonds, this familiarity can make rental real estate investments seem like the most straightforward way to produce passive income.

Key Considerations for Income Investing

August 9, 2023 | By Chloe Denning, CFP®

Is an “income investing” strategy right for your portfolio? 

The right answer requires a bit of nuance. While many investors may eventually want to rely on their portfolio for income, doing so does not necessarily require shifting toward income-generating investments.

This Insight explains why. Below, we define income investing, examine some common income-generating investments, and explain why this approach is likely not the best way to maximize total returns.

University at Buffalo Names Wealthstream as UB Fast 46 Finalist

July 10, 2023 | By Wealthstream Advisors Team

The Wealthstream Advisors team was excited to learn that the firm has been named as a 2023 finalist for the University at Buffalo’s UB Fast 46 list for the third year in a row.

This competition honors University at Buffalo alumni who own or lead businesses, recognizing 46 (a nod to the institution’s founding in 1846) of the fastest-growing firms each year. 

Wealthstream Advisors President and founder Michael Goodman is a proud Buffalo alumnus.

According to the university’s official contest announcement, “eligible companies must have been in business since January 2019; have verifiable revenues of at least $100,000 or more in 2019 and 2020 and at least $250,000 in 2021; and the owner or leader must be a UB alum or former student.”

We extend our thanks to the State University of New York at Buffalo for this honor and look forward to seeing the full list of finalists unveiled at a September 14 event at UB’s Center for the Arts.

Financial Life Planning: A Roadmap to Your Best Life

June 14, 2023 | By Matthew Gordon, CFP®, RLP®

 As financial planners, we get to assist people on a quest. Simply put, our job is twofold. 

What is Monte Carlo Analysis and How Can It Help Investors?

May 17, 2023 | By Eric Siss, CFP®

In this Insight, we explain Monte Carlo analysis (also commonly called Monte Carlo simulation), how it works, and how it can be a powerful tool when projecting a family’s long-term financial future. 

What are 10b5-1 plans and how are they affected by new SEC rules?

April 28, 2023 | By Wealthstream Advisors Team

10b5-1 plans can be a great option when divesting from concentrated equity positions in a firm, potentially offering protection against insider trading charges while avoiding the perception of failing confidence.

In this Insight, we explain these plans, how they work, and how they will be affected by new SEC rules changes.