Bowers Private Wealth Management

07/20/2026

“Should I switch to an S-Corp?”

Sometimes yes. Sometimes no. Sometimes not yet.

The S-Corp conversation is often reduced to “save self-employment taxes,” but that skips over compliance costs, payroll requirements, reasonable compensation rules, state considerations, and whether profits justify the complexity.

And don’t forget the QBI deduction!

We typically want to understand:
gross and net business income
consistency of earnings
future hiring plans
admin tolerance
retirement plan opportunities
long-term exit goals
your current taxes

A strategy is only helpful if it still makes sense after the paperwork arrives.

We can help map out some scenarios and help you talk to your CPA to determine if and when it makes sense to switch.

07/15/2026

“I work for a tech company with RSUs. Should I hold or sell them?”

You’re new to the industry and your first grants are starting to vest, or the stock price has taken off and your RSUs are now worth a lot more than expected.

You’re nervous, you don’t want to do the wrong thing and risk messing up this opportunity.

It’s best to have a plan in place before they vest, but even a late plan is better than no plan.

RSUs can create concentration risk, especially when your paycheck, benefits, career path, and investments are all tied to the same company.

That doesn’t automatically mean you should sell everything immediately. It means the decision should be intentional.

We typically look at:
• how much of net worth is already tied to company stock
• upcoming vesting schedule
• tax impact
• cash flow needs
• confidence level versus concentration level
• other opportunities for diversification
• expectations about the company’s future

One thing that helps is to ask yourself; if you were given the money in cash, would you go out and buy that company’s stock?

07/10/2026

Having debt isn’t inherently bad. It depends on the circumstances, the amount of debt, and the interest rates. Sometimes it’s better to stick with minimum payments while you go about your other business. Sometimes it deserves your full attention and focus.

07/10/2026

Having debt isn’t inherently bad. It depends on the circumstances, the amount of debt, and the interest rates. Sometimes it’s better to stick with minimum payments while you go about your other business. Sometimes it deserves your full attention and focus. The key is to know the difference between good debt and bad debt, and treat it accordingly.

https://www.bowersprivatewealthmanagement.com/blog-01/i-make-good-money-im-debt-what-do-i-do

07/08/2026

“My income jumped this year. What should I do first?”

This is a great problem to have. The general plan is to keep as much of it as reasonably possible.

The two main things to consider are the increase in tax liability and avoiding lifestyle-creep.

Taxes can be partially offset by increasing retirement plan contributions and HSA contributions, along with a few other tactics depending on your situation.

We usually encourage people to automate and increase their savings and investing before upgrading every monthly expense.

A good first move is to direct the increase intentionally:

shore up reserves
increase savings rate
review tax projections
pay down inefficient debt
revisit longer-term goals

Income jumps are valuable, but what you do in these years often matters more than the jump itself.

07/07/2026

Bowers Private Wealth Management serves Small-Business Owners and Equity-Compensated IT & Biotech Professionals in the Sandwich Generation who seek a financial partner to help navigate life.

We specialize in navigating the complex obstacles faced by individuals in these positions, and take pride in our ability to manage your current and future financial needs.

07/04/2026

06/19/2026

Have you recently sold an investment property for a substantial short-term gain?

While this sounds like great news, it can be bittersweet.

This gain may have just bumped you up to the next tax bracket, meaning you now owe a substantial portion to the IRS in taxes!

This is why it is important to have an ongoing relationship with your financial planner and tax professional.

There are opportunities for accredited investors, such as oil and gas programs and qualified opportunity zones to help defer or reduce taxes owed.

A financial planner can work with you and your tax professional to implement strategies that help provide substantial tax savings.

Tax planning strategies are for general education. BPWM and SFA do not offer tax advice. Always consult your tax professional in conjunction with your financial planner.

06/17/2026

Whether you seek out the help of a professional, or prefer the DIY route, it’s important to have a financial plan.

This will help reduce stress and anxiety, be prepared for emergencies, and provide peace of mind and a sense of accomplishment.

Review your progress at least annually and update the plan as things change.

If you’re a DIYer, you may want to have a professional review to ensure you’re not overlooking anything.

06/15/2026

FDIC coverage is insurance provided by the government to replace your money if a covered bank goes under.

The government limits the amount of coverage to $250,000.

But did you know that this limit applies to account ownership categories, and not necessarily the individual?

If you have a joint account with your spouse, you each have $250k coverage in that account, provided it meets the required guidelines.

If you each also have an individual account at the same bank, then you also each have the $250k for those accounts, for a total of $500,000 in coverage.

This works on a per-bank basis, so the coverage amounts are applicable at each bank separately.

However, if you have multiple joint accounts, your portion of FDIC coverage for your aggregate position in joint accounts will not exceed the $250k maximum.