Generation-Skipping Tax: How to Save $20 Million Before 2011
Clients have big assets to transfer? Better postpone that ski vacation!
How Social Security Payroll ‘Tax Holiday’ Can Aid Retirement
The new Social Security payroll tax holiday could be an opportunity to bolster personal retirement savings, says Principal Financial Group’s Greg Burrows.
Now That Omnibus Spending Bill Shelved, What Happens Next?
“Since the Senate biggy was defeated [omnibus spending bill], I don’t think it will do a whole lot [on budget resolution] before recess,” says former Congressman Bill Frenzel (R-Minn.), now a guest scholar of economic studies at the Brookings Institution.
Obama Signs Tax-Cut Extension Bill Passed by House
President Barack Obama signed the compromise tax plan on Friday afternoon that the House of Representatives passed late Thursday night.
SIFMA Forecasts Municipal Bond Issuance to Climb
Survey projects total $502 billion in new munis for 2011, up 16%.
Clarity Comes to Estate Planning With Tax Bill's Passage
Provisions for 2010 afford choice to heirs; gifts to children provide ‘huge opportunities.’
Tax Cut Bill Passed by Senate
The Senate in a final vote on Wednesday passed the Tax Relief Bill; the House will take up, and possibly pass, the legislation on Thursday.
Final Senate Vote on Tax Cut Bill Expected Wednesday
Final passage by the Senate of the Tax Relief Bill is expected by Wednesday evening, and President Obama said about Monday's vote: "Folks on both sides of the political spectrum are unhappy with certain parts of the package, and I understand those concerns. But that's the nature of compromise."
Obama Tax Cut Bill Clears Key Senate Vote
The Senate passed, 83-15, in a procedural vote on Monday President Obama's compromise tax bill, which extends the Bush-era tax rates for two years and extends unemployment benefits for 13 months. The final vote on the bill in the Senate is expected on Dec. 14.
Estate Tax Reform: Harold Evensky and Diahann Lassus Weigh In
There is a proposal in the Senate’s pending tax-cut bill to revamp estate taxes for 2011 from what was scheduled to become law on Jan. 1 if Congress took no action.