Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Obama Seeks to Shift Election Toward Tax Debate
By Julie Pace and Kasie HuntFacing sagging jobs numbers, President Barack Obama sought to recast the November election as a fight over tax fairness on Monday, urging tax cut extensions for all families earning less than $250,000 but denying them to households making more than that.
July 09, 2012
Obama Proposes to Extend Bush Tax Cuts Excluding Top EarnersPlan would be for one year and exclude those families earning more than $250,000; GOP opposed, wants to extend cuts for all.
July 09, 2012
Thousands face Internet loss as FBI shuts off servers (BBC)The servers were seized in November 2011 during raids to break up a hi-tech gang who used the virus to reroute online searches through the servers so victims saw adverts that led to the gang being paid.
July 09, 2012
Obama: Limit Bush tax cuts to $250K incomes (Politico)On Monday, President Barack Obama asked Congress to pass a one-year extension of the Bush-era tax cuts for households making less than $250,000 before they expire at the end of the year.
July 07, 2012
IRS to Help Ex-Pats, Dual Citizens Catch Up on Tax FilingsNew procedures will cover missed tax returns and FBARs, based on taxpayers compliance risk profiles.
July 06, 2012
What Obama Health Law Means Now That It’s Called a TaxConsidering the Patient Protection and Affordable Care Acts broad reach, one simple thing is true of the PPACAs potential tax and investment consequences: its complicated.
July 05, 2012
Vanguard Charitable Adds Investment Pools for International ExposureDonor-advised fund accounts in the Vanguard Charitable Endowment Program can now gain international exposure through three new investment pools the provider introduced July 3.
June 30, 2012
Tax laws are a’changingNext year, your senior clients may be faced with potential estate tax changes. Here are four strategies to help them cope.