Guides and analysis from the Harness team and the advisors on the platform.

Harness Wealth CPAs represent clients that hold crypto assets that invest long-term, actively trade, farm, stake, as well as mine. We're here to help guide you through the taxes of one of the most exciting and increasingly popular technology and investment opportunities.

These are the seven areas of your financial picture that you need to consider optimizing before year end, particularly after yet another tumultuous year.

These are the seven areas of your financial picture that you need to consider optimizing before year end, particularly after yet another tumultuous year.

If you're a startup employee, chances are you earn stock options or grants as part of your compensation package. It's a popular employee retention tactic, and one that, if done right, can be an excellent catalyst for generating significant wealth. But what happens when you switch jobs, either on your own accord or from a layoff or termination? Do you get to keep all your equity, or will you have to leave it all on the table? And if you get to keep it, what will it cost you? In this article, we'll go into all that and more, including:

The widespread adoption of remote work following the Covid pandemic has provided many, including the Harness Wealth team, with increased flexibility in terms of where they can reside and work. However, it is important to keep in mind that different states and territories have varying tax laws and some may be more favorable than others. So before you set off on your big move, consider the specific tax implications of doing so. Who knows, you might even find a more tax-friendly destination along the way.

These are the seven areas of your financial picture that you need to consider optimizing before year end, particularly after yet another tumultuous year.

If you've made crypto investments and are looking to reduce your tax bill, here are some strategies you can employ. Partnering with a crypto tax advisor can help you implement some of these strategies.

We are excited about the release of the newest component to our platform, Harness Tools. This offering moves us closer to our goal of giving builders like you absolute confidence in setting the best path toward your financial future with a comprehensive view of your assets and analyzing the strategic steps to take with your equity.

Quarterly tax payments can seem intimidating, particularly in the first year that this happens for you or your household. We recommend that you think of them not just as an extra bill/hassle from the IRS, but a great opportunity to start being strategic about your overall tax plan as part of your financial goals.

Tech as an industry has had major growth in the last few years, and continues to hold strong, even in 2020. However, recent history shows that many tech employees run the very real risk of being too invested in the technology sector. We outline the most common components that make up this overall risk below, and offer some guidance how best to balance your unique risks and opportunities.
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