New Energy Credits from the Inflation Reduction Act
The Inflation Reduction Act (“IRA”), signed on August 16, 2022, offers taxpayers several tax savings opportunities for investments in energy efficient home and business improvements, as well as “clean” vehicle purchases.
How will the SECURE ACT 2.0 affect your Retirement Plans?
On December 29, 2022, President Biden signed the SECURE 2.0 Act of 2022, enacting a variety of changes to retirement provisions. We have presented some key changes stipulated by this legislation below:
Serving Our Community
Realize team members partnered with the Golden Gate Audubon Society and the Golden Gate Park Conservancy to plant 240 native plants at Crissy Field to support local fauna and flora. Thanks to our Community and Wellness committee, 14 Realize team members (including our Managing Partner, Tracy Hom) spent an afternoon in service to San Francisco’s natural habitats.
Year-End Tax Planning Considerations for 2022
With 2022 racing to a close, we are carefully reviewing each client’s situation to identify the most effective tax-saving strategies. Please consider our year-end planning suggestions below, as they are likely to be applicable to your tax situation.
How is Equity Compensation Taxed?
Equity compensation continues to be a popular way to incentivize and reward employees. When a firm pays an employee with equity, the employee’s compensation becomes tied to the success of the company. The taxation of equity compensation can be extremely complex. We wanted to provide a brief and general taxation overview of common types of compensation and planning ideas to consider.