Wealth Management Archives - Round Table Wealth

Virtual Currency: Basic Concepts and Taxation Essentials

Virtual currencies represent an innovation in financial services, products and technology that has the potential to support a more efficient and transparent global commerce by proposing lower transaction costs and rapid availability of cash. In spite of the aforementioned benefits, before engaging in virtual currency transactions, investors should have a clear understanding of what they are, how they can be utilized and what are some of the tax ramifications to U.S. taxpayers. This article addresses a few of the basic concepts of virtual currencies, such as blockchain and mining, as well as how the Internal Revenue Service (IRS) treats the most common virtual currency transactions.

By Marianne Rodriguez|2021-07-16T13:27:07+00:00July 16th, 2021|Blog|0 Comments

Splitting Retirement Accounts in Divorce

When going through a divorce, the process of dividing assets can be a frustrating and confusing one. Retirement assets are an important issue in any divorce proceeding, since, after the marital home, they often represent the largest category of marital assets to be divided in a divorce settlement.

By Mariella Foley|2021-07-07T12:45:15+00:00July 7th, 2021|Blog|0 Comments

Will More IRS Funding Boost Wealthy Client Audits?

Round Table Wealth Management Partner, Chief Compliance Officer, and Wealth Advisor Bruce Hyde was recently quoted in an article by U.S. News & World Report discussing the recently released ProPublica documents about high net worth [...]

By Bruce Hyde|2021-07-06T21:43:50+00:00July 1st, 2021|In the News|0 Comments

How well do you know your advisor?

How well do you know your advisor? People often find their advisors through word of mouth from friends, family or their personal network. While this is a good start, it is crucial to do [...]

By Mariella Foley|2021-06-14T20:46:16+00:00June 14th, 2021|General Financial Planning, Women of Clarity, Women Of Clarity|Comments Off

Receiving an Inheritance from Abroad: Special Considerations for U.S. Taxpayers

It is increasingly common for individuals living in the United States or U.S. citizens living abroad to receive an inheritance from a non-U.S. person (for purposes of this article a non-U.S. person is defined as someone [...]

By Frederic Behrens|2021-06-15T13:49:52+00:00June 10th, 2021|Blog|0 Comments

Important Investment and Financial Planning Considerations when Relocating to Florida from the Northeast

Many residents from the high-tax states in the Northeast are seriously considering changing their official residence and moving to Florida. This article explains one of the many questions that these residents face regarding how the move may impact their portfolio strategy.

By Anthony Rosetti|2021-06-09T19:04:15+00:00June 7th, 2021|Blog|0 Comments

Financial Lessons Learned from the Pandemic

Financial Lessons Learned from the Pandemic Spring is here, schools are open again and sports are coming back – it is beginning to feel more like “normal”! Covid-19 turned our world upside down, shutting [...]

By Mariella Foley|2021-06-14T20:05:39+00:00June 7th, 2021|General Financial Planning, Women of Clarity, Women Of Clarity|Comments Off

Buying a house is a great investment — if you need a home

Round Table Wealth Management's Michael Fischer was recently quoted in an article by Mortgage Reports discussing real estate investing. Michael comments on when you should consider buying versus renting and whether or not a primary [...]

By Michael Fischer|2021-05-11T19:19:43+00:00May 11th, 2021|In the News|0 Comments

Keep Eye on Biden Tax Plan When Financial Planning

Round Table Wealth Management's Michael Fischer recently published an article with the Pennsylvania Institute of CPAs discussing many of the Biden administration's tax proposals including changes to federal estate tax exemptions, increases to marginal tax [...]

By Michael Fischer|2021-05-04T13:50:52+00:00May 4th, 2021|In the News|0 Comments

Non-Profits: Planned Giving Strategies for Donors

The outbreak of COVID-19 had a devastating impact across the world in 2020, but perhaps the impact has been felt the most by nonprofits and charitable organizations. Due to the stay-at-home restrictions and resulting economic consequences, [...]

By Theodore Schneider|2021-04-29T14:21:14+00:00April 28th, 2021|Blog|0 Comments

Tag: Wealth Management