Insights

Managing the financial aspect of life takes brainpower and a lot of time: staying updated on the markets, tracking changes in tax law, and reading the fine print are just a few examples. Whether you are busy managing a business, juggling family life, or simply enjoying retirement, these tasks–and the financial responsibility that comes with them–require a team effort. That is where a financial advisor steps in.

Equity based compensation is a wonderful way to potentially share in the profits of your company. Getting the most out of your equity compensation requires understanding the key concepts and specific terms and conditions of the grant. It is also important to understand the tax implications surrounding your equity compensation and to make decisions with a long-term financial plan in mind. Not fully understanding what you have been granted or not having a plan can easily lead to mistakes, lost opportunities, and even outright loss.

We’ve seen clients diligently accumulate stock in their company over their careers. 

New York, March 22, 2022 – Wealthstream Advisors, Inc. (“Wealthstream”) an independent boutique wealth management firm announced today it has been recognized as a 2022 Best Places to Work for Financial Advisers by InvestmentNews.

Being a small business owner or partaking in a side hustle can be a rewarding experience. You can be your own boss, have the freedom to work as you please and can provide products and services that you are passionate about. However, with these freedoms also comes additional responsibilities. You must keep accurate records of all the income and expenses of your business and ensure you are paying taxes on time, which can be a daunting task.

If you follow the stock market closely, you have probably noticed that what we read in the news oftentimes doesn’t reflect actual market trends. Commonly accepted stock market myths have become so pervasive that they can affect how we choose to invest and how we characterize ourselves as investors.

Tax-loss harvesting is an effective strategy to generate tax savings.

While this statement holds true in the short-term, if you take a step back and look at the long-term ramifications, the benefits—and drawbacks—of tax-loss harvesting are a bit more involved.

As 2021 draws to a close, it’s a good time to make sure that your tax planning is set. To help minimize your tax payments over time, there are several items that should be completed before December 31st. In this article, we’ll cover the 10 critical areas you should focus on for your year-end tax checklist.

It’s easy for the long-term investor to look at the S&P 500’s performance in recent years and consider abandoning other asset classes such as US small cap, international and emerging market stocks. After all, the S&P 500 contains brand-name companies like Google, Amazon, and Apple.

If you have a long-term care policy—especially an older one—you might receive a letter one day saying your premiums will increase. Don’t panic. You have options.