Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Qualifying 401(k) Dollars for Stretch IRA Treatment
By Robert Bloink, William H. ByrnesStretch IRAs can allow beneficiaries to stretch tax-deferral benefits for years after the original owners death, but beware of the potential tax hit.
June 19, 2014
IRS Tweaks Offshore Account Rules to Prod Tax Cheats to Pay UpIRS expands its program to encourage the millions of Americans who have cheated on their taxes with offshore accounts to come forward.
June 17, 2014
Wealthy Clintons Use Trusts to Limit Pain of Estate TaxesBill and Hillary Clinton have long supported an estate tax to prevent the domination of inherited wealth. That doesnt mean they want to pay it.
June 17, 2014
2 Tax-Efficient Savings Strategies for Right Now: Tax Season Lesson, Pt. 2Here are some counterintuitive strategies to save money in the most tax-efficient manner today (which might change as the IRC changes).
June 09, 2014
Senate Finance Gears Up for Tax Reform HearingsUpcoming committee hearings to look at education tax incentives, ID theft and taxpayer privacy.
June 02, 2014
90% of Taxpayers Say Investment Income Should Be Taxed Like WagesIn addition, most Americans say corporations should pay higher taxes than individuals, a WalletHub survey found.
May 30, 2014
House Panel Advances Tax Extenders PackageBonus depreciation, also known as bonus expensing, allows all businesses to immediately deduct 50% of investment in equipment and software.
May 28, 2014
Solving the Retirement Income Puzzle: Gamma and the Tax Efficient FrontierYou know about alpha and beta, but you should know about gamma, which provides advisors with the foundation to help clients boost retirement income.