States Can Impose an Estate Tax, Too
Many advisors and their clients focus solely upon the impact of federal estate taxes—to their potential detriment.
Tax-Cut Bill, Passed by House, Makes These Charity Tax Breaks Permanent
The $650 billion tax-cut measure the House overwhelmingly approved made several charitable tax incentives permanent.
Tax Advice for Business Owners: Allowed vs. Allowable Depreciation
As per the IRS, any depreciable asset has its basis adjusted for the allowed — or allowable — depreciation, regardless of the actual tax benefit received.
DOL Fiduciary Rule, Tax Extenders Hang in Balance as Spending Bill Deadline Looms
This week is the "most crucial" for Washington this year as a trifecta of events converge, says investment strategist Greg Valliere.
An Advisor’s Year-End To-Do List, Pt. 1: RMDs and Harvesting
As 2015 nears its end, these two action items should be on every advisor’s list.
5 Tax-Savings Steps to Take Before Year-End
Time is running out for these tax savings, so remind clients to take action when appropriate but before Dec. 31.
5 Steps to Take Now on Year-End Tax Harvesting
December is when you should gather data on your clients’ 2015 mutual fund capital gains distributions and take action.
When Surrender Leads to Success
A recent court decision found the owner of a PPLI policy retained sufficient control over the assets in the account to be treated as the owner for federal income tax purposes.
Why We’re in a Bull Market for Donor-Advised Funds
The benefits to many clients are clear — in fact, there are at least 12 — and the timing is right.
What You Need to Know About Fee-Only Annuities
If you're an RIA who has put clients into fee-only annuities, watch the tax consequences of those fees.