Trump Debt Limit Deal Undermines Trust Among GOP on Tax Overhaul
Democrats might be happy, but Republicans control the path to the House and Senate floor.
The Tall Tax Tale of Why Country Songwriters Get Capital Gain Treatment
This tax tale is worthy of a country ballad, but I won't make you suffer through a bushel of forced metaphors while I tell it.
Your 5 Best Arguments for Life Insurance (Besides the Death Benefit)
Life insurance should be a bedrock of any serious financial, retirement or estate plan.
Labour Pledges Tax Hike for Richest as U.K. Campaign Resumes
A political party sees a health care funding tax proposal as a selling point.
Ultra-Long U.S. Bonds Can Absolutely Make Sense: Mnuchin
Treasury to issue refunding plans for April-June; economic growth to stay under 3% this year and next, says Mnuchin.
Tax Cuts to Happen in ’17, but Not Reforms: Andy Friedman
Also at the Raymond James conference, CEO Paul Reilly says cuts could benefit some advisors doing business as S Corps and LLCs.
White House Unveils Trump’s First Tax-Cut Bid, Corporate Rate of 15%
Tax plan calls for shift to territorial system for companies; top individual tax rate would be cut to 35% from 39.6%.
Trump’s Tax Plans Coming Next Week, White House Official Says
Word comes as president approaches end of his first 100 days; key Senate panel said not to have seen final details yet.
Back to Tax Basics: Review the Cost Basis
Advisors and investors should focus on this critical measure to help save money (and time) spent on taxes.
5 questions about health care reporting this tax season
As your clients work to fulfill their 2016 reporting obligations by the March 31 deadline, they likely have many questions about what, how, and even if they still have to file for the 2016 ACA reporting year.