Announcing Covisum's Newest Financial Planning Tool, Income InSight

 

The deeply-integrated fintech solution you've been looking for has arrived: Income InSight™. The new retirement planning platform quickly and easily shows the impact of different decisions within a client’s financial plan. 

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Posted in Income Planning Tool

4 Ways Financial Advisors Can Make the Most of this Tax Season

Tax Day is rapidly approaching, and there are a few ways that financial advisors can be really helpful during this stressful time of year.

Many financial advisors know that taxes have a significant impact on their clients, however potential compliance issues often lead to reluctance to talk about taxes. Lumping anything tax-related into "tax advice," is a disservice to your clients. Advisors have a duty to understand, consider and explain the tax consequences of various strategies. 

To talk

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Posted in Tax, Tax Clarity, Tax Map, Tax Reform, CPAs, Taxes, Tax Cuts and Jobs Act, Tax Law, New Tax Law

Schedule Annual Client Review Meetings

We are well into February, and we’ve reached the perfect time of year to schedule annual reviews for your clients who are still working. There are some opportunities for clients with earned income to clean-up before April 15. One of the most basic ways is through IRA contributions. You can use Tax Clarity® to identify opportunities where IRA contributions can be used to reduce the amount of taxable capital gains.

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Posted in Blog, Tax, Tax Clarity, Tax Map, Financial Planning, Technology, Taxes