10 Things to Know About How Investments Are Taxed
Among the investment products advisors recommend to their clients, mutual funds and ETFs top the list, so it's vital to understand their tax implications.
87% of Advisors Have Bright Market Outlook: Russell Survey
Clients aren't quite as enthusiastic. There is also a disconnect between clients and advisors on tax-efficient investing, Russell's Frank Pape says.
Why a Client’s Job and Location Are Critical to Portfolio Building
For optimal asset allocation, it's crucial to consider factors like what industry investors work in and where they live, a Morningstar report says.
Tax Court Untangles NIIT Passive Activity Trap for Trusts
A recent Tax Court decision paves the way for new trust planning techniques for dealing with the new 3.8% tax on investment-type income.
Supreme Court Ponders Changing the Rules on Nonspousal Inherited IRAs
In June, the justices are expected to rule on whether nonspousal inherited IRA funds can be exposed to creditor claims in bankruptcy proceedings.
3 Steps Toward a Productive and Painless Tax Filing Season
On April 15, reminders you can provide to clients on how to safely make every tax season better and easier for all parties involved.
5 Ways to Maximize 401(k) Tax Benefits
Schwab offers a few ways for employees to max out the tax benefits of their employer-sponsored 401(k) plan.
Americans Confident on Taxes but Clueless in One Big Area
Although many taxpayers confidently prepared their own returns, they felt less smart about tax-efficient investing, a BMO Harris survey found.
Stop IRA Rollovers ‘Immediately,’ Expert Warns After Tax Ruling
IRA expert Ed Slott urges advisors to warn their clients about the ruling, which says IRA holders are allowed only one rollover per year.
Senate Finance Approves Tax Extenders
The Senate Finance Committee on Thursday approved a bill to renew more than 50 tax breaks that have expired or will expire at year-end.