Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
CPAs, Enrolled Agents, Accountants…What’s the Difference?
By Brandon StuerkeWhat matters most is the relationship your potential partner has with his clients.
March 20, 2012
Employee Benefits and Taxes, Pt. 1: Tax Treatment of Section 83 Deferred CompFrom Tax Facts Online, a look at tax consequences to both employees and employers on Section 83 funded deferred compensation agreements.
March 20, 2012
Vatican Embarrassed by Account ClosureThe Vatican suffered a blow to its efforts to have its bank included in the European "white list" of states that comply with international standards against tax fraud and money laundering on Monday when JP Morgan Chase shut the account of the Vatican bank at an Italian branch.
March 19, 2012
Top 12 Tax Scams: IRS’ Dirty DozenWhether it's slick con artists or taxpayers who play fast and loose with the truth when filing returns, the IRS is watching.
March 19, 2012
Remember Roths? Avoid Potential Tax Hikes With a Roth Conversion NowYour clients tax rates will almost certainly be rising by the end of the year if the Bush-era tax cuts expire. In 2012, many of your clients are good candidates for a Roth conversion, but the time to act is now.
March 19, 2012
What I Do in My Practice, Pt. 4: Clients’ Tax Filing StatusSome reminders on your clients tax filing status: Death, married filing separate, looming divorce.
March 16, 2012
4 Estate and Tax Planning Steps to Take in an Uncertain YearRegardless of whether Congress acts on taxes by year-end, estate planning attorney John Scroggin says taxpayers shouldn't dally.
March 15, 2012
Fitch Cuts U.K. OutlookFitch Ratings has downgraded the outlook for Britain after saying that the nation could lose its AAA rating because of a limited ability to deal with financial shocks.