Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Preparing Clients for Reality of Obamacare Investment Tax
By William H. Byrnes, Robert BloinkAn additional 3.8% tax on investment income will be implemented in less than six months, and your high-income clients will need advice on how to reposition their investments to minimize its effect.
July 18, 2012
As Day of Reckoning Approaches, Professionals Prepare for "The Worst"Estate taxes paid by families and businesses and the planning that goes along with them will face a jarring impact if Congress is unable to bridge the ideological divide on taxes and tax cuts first enacted in 2001 and potentially expiring at the end of year.
July 17, 2012
Bernanke to Senators: Don't Dawdle in Addressing Fiscal CliffFed Chairman Ben Bernanke signaled to senators on Tuesday that more quantitative easing measures might be taken and urged lawmakers to not dawdle in addressing the nations fiscal woes.
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.