Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Senate Bill Proposes to Return Estate Tax to 2009 Levels
By Arthur D. PostalAn industry tax practitioner says that with the possibility that tax rates might be increased and the current estate tax policies might be significantly changed, families are rethinking their tax planning activities.
July 17, 2012
BoE Governor Pushed for Barclays Chief’s OusterThe British Parliament got an earful over the last couple of days as testimony continued in the LIBOR-fixing scandal.
July 16, 2012
Senate Dems Ready $272B Tax-Cut Extension BillThe highest earning Americans would pay a top rate of 23.8% for capital gains and dividends next year under a $272 billion, one-year extension of tax cuts that Senate Democrats are circulating among themselves.
July 16, 2012
Senate Dems Ready $272B Tax-Cut Extension BillThe highest earning Americans would pay a top rate of 23.8% for capital gains and dividends next year under a $272 billion, one-year extension of tax cuts that Senate Democrats are circulating among themselves.
July 13, 2012
Q2 Earnings Kickoff: JPMorgan Down, Wells Fargo Up and Markets Heave Sigh of ReliefFriday the 13th was lucky for JPMorgan and Wells Fargo as both banks stocks rose higher despite dark news that preceded their Q2 earnings reports.
July 13, 2012
Nightly glass of wine may protect boomer women’s bones (NPR)Researchers found that about one drink a day slowed down the rate of bone turnover, which could protect against fractures over time.
July 13, 2012
Leave an Employer, Roll Over Into an IRA and Then Early Withdraw? No Exception, Court RulesAppeals court upholds an early distribution penalty for a taxpayer who withdrew money from a rollover IRA.
July 11, 2012
Italy May Ask for AidProof that the eurozone debt crisis is far from over came as Prime Minister Mario Monti of Italy said he might look for financial help from the rescue fund to shore up the countrys bonds.