If you receive income (or losses) from partnerships, S corporations, or certain trusts and estates, you’ll most likely be sent a Schedule K-1 form each tax season. In this article, we explore what a K-1 is, how the form works, and what you need to do with it if you get one.
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Whether you’re in venture capital, private equity, or angel investing, it's important to understand the tax implications of your investment income. From carried interest to K-1 forms and QSBS, there are many nuances to be aware of. In this guide, we'll break down some of the key tax considerations for private investors, and how Harness can help.
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Equity compensation can be a bit of an alphabet soup, with a long list of terms and acronyms to navigate. In this article, we'll define some of the most common forms of equity compensation issued by startups and established companies alike, including RSUs, ISOs, NSOs, and more.
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Get all the details of the Alternative Minimum Tax (AMT) system in our comprehensive guide. We break down the nuances of AMT tax rates, exemptions, and their potential implications.
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If you’re a startup founder or a startup employee who received restricted stock, or you’re early exercising stock options, filing an 83(b) election can be a valuable tool to minimize taxes on your equity.
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Financial advisory services come with varying fees and structures. This detailed guide provides current insights into the average costs and fee arrangements of financial advisors in 2024.
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In this comprehensive guide, we unravel the complexities of Restricted Stock Units (RSUs), helping you understand how to minimize tax liabilities tied to your equity compensation, and maximize your earnings potential in a liquidity event.
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Discover the tax advantages of Qualified Small Business Stock (QSBS) with our all-encompassing guide. Perfect for entrepreneurs, early startup employees, and investors, we outline eligibility criteria, benefits, and best practices for making the most of this financial incentive.
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Discover the essentials of NFT taxes in the United States for 2024 with our comprehensive guide, covering NFT tax classification, buying and selling, self-employment tax for creators, tax-loss harvesting, gifts, donations, reporting, and strategies to minimize your tax liabilities. Stay informed and navigate the evolving tax landscape with confidence.
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Navigate the complex world of crypto taxes with our comprehensive guide covering everything from crypto-to-crypto transactions to NFTs, DeFi, and more. Stay compliant and minimize your tax liability in 2024 with these expert insights.
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