Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
IRS, Europe Join to Target Americans Holding Foreign Accounts
By Marlene Y. SatterThe governments of France, Germany, Italy, Spain and the U.K. joined with the Treasury Department to express intent to use a government-to-government framework to implement the requirements of FATCA, which target evasion by U.S. taxpayers using foreign accounts.
February 07, 2012
Unum Group Reports $425.4 Million Loss in Fourth QuarterUnum attributed the loss in part to an after-tax charge of $561.2 million the company took following its decision to discontinue new group long-term care sales. The company also cited an after-tax reserve charge of $119.3 million in its individual disability closed block.
February 02, 2012
Crowdfunding Enters the Charitable Giving Tool KitNonprofit organizations and other charitable groups focused on worthy causes are always on the lookout for new ways to raise funds. Crowdfunding, an offshoot of crowdsourcing, is gaining traction as a tool for nonprofits and philanthropists.
February 02, 2012
Top 10 Favorite Super Bowl NumbersBehind the Super Bowl are myriad facts that help tell the story of the game, from the teams that play to the food scarfed down by fans to the value of the trophy that every team covets.
February 02, 2012
‘Long, Slow Recovery to Continue,’ Says TD’s Tomczyk: TD Ameritrade ConferenceCNBC news anchor Amanda Mandy Drury sat with TD Ameritrade President and CEO Fred Tomczyk for a revealing interview about the state of the global economy and where its headed, as well as the state of TD Ameritrade and its plans for the future.
February 01, 2012
2012 Tax Season Survival Guide: 22 Days of Tax Planning AdviceSome best practices and operational procedures to make tax season for all advisorsnot just tax preparersa little less hectic.
February 01, 2012
Potomac WatchIt is possible that a gridlocked Congress could fail this year to deal with the estate tax and related issues, issues that are the lynchpin of the insurance industrys place in the financial world.