Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Potomac Watch: An Uncertain Opportunity
By Arthur D. PostalUncertainty and turmoil are obviously two things that players in the financial services industry certainly want to avoid, indeed at all costs.
July 27, 2012
Have the World’s Wealthy Stashed $21 Trillion in Tax Havens?An organization opposed to tax avoidance estimates the worlds wealthiest individuals have stashed at least $21 trillion in offshore tax havens, an amount greater than the combined GDP of the U.S. and Japan.
July 26, 2012
Ameriprise Loses Profits but Adds Advisors, AssetsThe firm now has more than 9,800 financial advisors in its combined franchisee and employee operations.
July 26, 2012
Senate Votes to Keep Bush Tax Cuts for Middle ClassThe Senate passed a bill late Wednesday to extend the Bush tax cuts for families earning less than $250,000 a yearor 98% of Americans.
July 26, 2012
Treasury Releases Model Agreement for Foreign Tax ComplianceThe Treasury Department released Thursday a model agreement developed with France, Germany, Italy, Spain and the U.K. to implement some provisions of the Foreign Account Tax Compliance Act (FATCA).
July 26, 2012
House Republicans Plan Vote to Extend Bush-Era Tax Cuts Following Vote by Senate DemsSenate Democrats pushed through Wednesday legislation that would phase out the so-called Bush-era tax cuts except for families earning $250,000 or less at the end of this year.
July 26, 2012
House Republicans Plan Vote to Extend Bush-Era Tax Cuts Following Vote by Senate DemsSenate Democrats pushed through Wednesday legislation that would phase out the so-called Bush-era tax cuts except for families earning $250,000 or less at the end of this year.
July 25, 2012
Senate Ready for Symbolic Showdown on Tax CutsSenate leaders moved toward a showdown Wednesday with votes on rival Democratic and Republican plans for extending broad tax cuts that will otherwise expire in January.