Tax Pros Think Corporate Tax Reform Is Coming Soon: Survey
More than half of business tax professionals expect corporate tax reform in 2018 or earlier, according to a survey by the Tax Council and EY.
How to Kill DOL’s Fiduciary Rule: Andy Friedman
Courts don't like to give injunctions, but if opponents to the rule can get one, “the rule is dead,” the Washington Update analyst says.
Tax Law Changes Affecting Your Clients
Congress extended some tax breaks and made others permanent; here are the ones that might benefit individual clients.
Clinton’s Estate Tax Plan Doesn’t Address Her Own Tax Planning
The Clintons would be liable for higher estate taxes under Hillary's proposal to increase taxes on high-income taxpayers.
A Break for Small Business
Congress has passed a targeted tax cut that is modest in cost that could create a pop in corporate spending—maybe even yours.
Oops: IRS Wrongly Gave Tax-Exempt Status to Many EZ Filers
A Taxpayer Advocate study found that 37% of 501(c)(3) groups that had filed the shortened IRS form didn't satisfy the required organizational test.
Critics Blast IRS Plan to Collect Donors’ Personal Data
The proposal would help substantiate donations for tax purposes, but nonprofits worry it could deter donors and risk identity theft.
Can Muni Bonds Outperform Again in 2016?
After municipal bonds outperformed in 2015, the key for munis in 2016 (besides default risk) is when and how much long-term rates rise.
14 Tax Changes in PATH Bill End Uncertainty for Many Planners
Law ends years of uncertainty on everything from charitable giving to small business incentives — and puts off new taxes as well.
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.