Expiring and Pending Tax Legislation
February 21, 2023 – Below you’ll find a recap of expiring and pending tax legislation.
How to Help Your Clients Avoid An IRS Audit
February 7, 2023 – Head of Wealth Planning, Mallon FitzPatrick spoke with Jeff Stimpson from FA Magazine on a recent piece discussing ‘How to Help Your Clients Avoid An IRS Audit.’ “Audits on ultra- and high-net-worth clients are likely to increase, though the probability of an audit remains low,” Mallon explains. Read full piece here: https://bit.ly/40CizO9
2023 Outlook Webinar
January 26, 2023 – Chief Economist, Jeanette Garretty, hosts Chief Investment Officer, Stuart Katz, and Head of Wealth Planning, Mallon FitzPatrick as they share their 2023 outlook. Disclosures Investment advisory services offered through Robertson Stephens Wealth Management, LLC (“Robertson Stephens”), an SEC-registered investment advisor. Registration does not imply any specific level of skill or training […]
Tax Planning Amid a Divided Congress
With the start of tax season looming, here’s what taxpayers need to know about effective planning amid the uncertainty posed by the partisan split between the House of Representatives and Senate. By Mallon FitzPatrick and Alicia Denton January 25, 2023 – Earlier this month, Robertson Stephens Managing Director and Head of Wealth Planning Mallon FitzPatrick […]
The Truth About the IRS’s New Funding
Contrary to what you may have heard, the agency’s $80 billion budget increase is not for financing an auditing army As published in Rethinking65 by Mallon FitzPatrick and Alicia Denton Jan 4, 2023 – If recent headlines are to be believed, an armed unit of IRS agents is gearing up to mobilize and audit the […]
6 of the Worst Assets to Inherit
December 31, 2022 – Mallon FitzPatrick was featured in MoneyTalksNews to discuss “6 of the Worst Assets to Inherit.” “Inheriting a share of a regular small business may be less than ideal. It can cause multiple problems, ranging from strained relationships if there are disagreements among family members about the future of the business to […]
Perry’s Tax Paynes
By Mallon FitzPatrick and Victoria Jung December 7, 2022 – Headlines featuring celebrities, rockstars, titans of business, and the IRS rarely end well. Typically, the sensationalized audits result in large fines or imprisonment because of tax evasion. Rarely do we see newsreel-worthy audits conclude with the government owing the taxpayer a refund, and certainly not […]
‘Tis the Season for Giving’ – Realizing the benefits of Charitable Donations
By Mallon FitzPatrick, CFP November 30, 2022 – As we head into the holiday season and address year-end planning for 2023, now is a good time to reflect on charitable donations and how to best facilitate them. Contributing to a meaningful cause is a worthwhile endeavor, whatever your reasons are. It’s important to understand what you […]
Ooh La La: Lady Gaga’s “Foundation” Mishap
By Mallon FitzPatrick and Alicia Denton November 29, 2022 – One of the most celebrated pop stars of the last decade, Lady Gaga, was caught up in a controversy when her charitable organization was accused of mismanagement. The Born This Way Foundation’s 2012 tax filing reported $1.8mm in expenses and only $5k in grants to […]
Here’s What You Need to Know About Year-End Planning Heading Into 2023
By Mallon FitzPatrick October 31, 2022 – There is little any individual can do about 2022’s market volatility or high inflation, escalating geopolitical conflicts, and rising interest rates adding fuel to the fire. However, you can strive to improve your long-term wealth plan’s prognosis by taking full stock of the current environment and what it […]
Patagonia’s Founder Executes Masterful Estate Plan
By Alicia Denton, CFP® and Mallon FitzPatrick, CFP® October 10, 2022 – You may have heard about Patagonia’s September giveaway…and we’re not referring to deep discounts on outdoor apparel! Yvon Chouinard, the founder of the company, recently announced a transfer of his company’s shares to two new entities. Patagonia is valued at approximately $3 billion […]
Delivering ‘Wealth Planning Alpha’
A holistic approach can help advisors demonstrate the tangible and intangible value of services to clients and prospects. By Mallon FitzPatrick As published in Rethinking65 October 4, 2022 – Alpha is a term typically reserved for investing, and it’s used to describe a strategy’s ability to beat market indices. It may be referred to as […]