Articles - Page 2 of 5 - Harness Wealth | Harness the full potential of your wealth

Selling Your Startup Shares: Comparison of Secondary Stock Marketplaces

For those beginning the process of executing on a secondary sale of your shares, we've outlined several specific vendors and types of sales in this article, with the relevant fees and restrictions for each.

Promissory Note Program: A Financial Employee Benefit for Early-Stage Startups

76% of startup employees never exercise or sell the pre-IPO stock options they have earned. Harness Wealth's Promissory Note Program allows employees to exercise without putting up any cash upfront.

Tax Planning for When Your Startup is Acquired

Founders, board members, and employees of startups that get acquired can experience tax consequences as a result of a liquidity event. It's imperative to plan for the tax implications so you can be prepared to pay what you owe the IRS. And in some cases, you may be able to take steps to reduce the taxes that result from the acquisition, depending on the type of equity you have and the nature of the transaction.

Discounted Financial, Tax, and Estate Planning Services for Healthcare Workers

Below is a list of firms in the Harness Wealth network that are offering discounted services or waived fees for those that work in the healthcare industry. We hope this helps alleviates some stress and anxiety for you, and we will keep this updated as our firms notify us of new, relevant offers.

Financial Advising for Medical Professionals

With the right fundamental strategy and financial plan suited to the needs of a medical professional, your finances are more likely to be resilient to change and help you meet your goals.

How a Financial Advisor Can Help During Market Turbulence

Sudden drops in market performance can be alarming. What does this mean for your financial planning? And how can a Financial Advisor help?

Average Fees for Financial Advisors

The total average cost of working with a financial advisor will depend on what type of advice you're seeking, as well as the fee structure the advisor uses for the services you receive.

Tax Deadline Extension: Planning for the Impact of COVID-19 (Coronavirus) in 2020

With the Coronavrius epidemic impacting the US economy, the IRS and the Secretary of the Treasury have recently announced changes to 2020’s (2019 tax year) usual deadlines.

Investment Strategies for the Impact of COVID-19 (Coronavirus)

The COVID-19 (Coronavrius) pandemic has caused unprecedented changes in the stock market, and we believe that this is when experience, and the perspective that comes from experience, is particularly valuable.

Tax Planning vs. Tax Preparation: What’s the Difference?

Danielle McCarthy, CPA, MST explains the difference between tax planning and tax preparation, key tax optimizations you can make on your own, and how to most productively work with an accountant.