Year-End Tax Planning More Urgent as GOP Policy Changes Loom
Since tax policy is likely to change soon in big ways, here are some suggestions for financial advisors working with wealthy clients.
Muni Bonds Face Hit From Trump Tax Plan, Unfunded Liabilities
Trump’s plans to reduce tax rates coupled with growing unfunded pension liabilities spell potential problems for the muni market.
6 Tax-Law Time Bombs Affecting IRAs
Some of these items have been in federal budget proposals for years. It may be only a matter of time before they become law.
The ‘Big Trump Rethink’ on Economy: HFE Economists
Markets are hoping Trump will be practical and market friendly but don’t know yet if that will be the case, according to economist Carl Weinberg.
15 U.S. Companies With Lowest Overall Tax Rates: 2016
Of the S&P 100 companies, only one is paying a negative overall tax rate and is therefore due a discrete net tax benefit.
7 Steps Wealthy Are Taking to Reap Trump’s Tax Bonanza
Even middle-income Americans are moving to profit in 2016 from lower taxes in the future.
State Ballot Roundup: California, Maine Voters Approve HNW Surtax
In addition, voters in four cities approved sugary soda taxes while Colorado overwhelmingly rejected a tax-funded universal health care plan.
Valliere: President Trump Is a 9.0 ‘Policy Earthquake’
Washington analyst Greg Valliere says that the policy changes Trump and Republicans will pursue “will be staggering.”
Trump’s Campaign Pledges Would Slash Some Nonprofits: Philanthropy Report
Caps on deductions and slashed spending would cut many charities to the bone, according to The Chronicle of Philanthropy.
Trump’s Plan Aims to Repeal Estate Tax, AMT
Trump needs to iron out some details of his tax plan with House GOP’s plan; with size being the obvious difference, says Tax Foundation.