Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Obama to Issue Corporate Tax Overhaul Plan in February
By Melanie WaddellThe White House said that the corporate tax proposal would lower the 35% rate and that they would release the details simultaneous to the administrations fiscal 2013 budget plan.
January 25, 2012
Obama and Buffett Rule Make ‘Good Tax Politics, Not Good Tax Policy,’ Expert SaysA central focus of President Barack Obamas State of the Union address was economic fairness, and requiring the wealthiest to pay more in taxes, but tax specialists and wealth managers say hiking taxes for the rich will do nothing to fix the tax code.
January 23, 2012
Understanding the Tax Implications of Life Insurance, Part IThree producers skilled at dealing with life insurance and tax planning explain how they educated themselves and why their role matters.
January 23, 2012
Buffett Slams Romney for ‘Shoving Around Money’Warren Buffett and Rep. Scott Rigell, R-Va., spoke with Bloomberg Television's Betty Liu in Omaha, Neb., during their first in-person meeting following Rigell's pledge to give 15% of his salary to help pay down the national debt.
January 23, 2012
How to Prepare Now for Sharply Rising Tax RatesBecause of their tax-deferral features, life insurance and annuities become more attractive when taxes rise.
January 22, 2012
Understanding the Tax Implications of Life Insurance, Part IThree producers skilled at dealing with life insurance and tax planning explain how they educated themselves and why their role matters.
January 20, 2012
Harvard MBA Degree Earns Romney ‘C-’ on Tax Plan (Washington Post)So far, Romney's economic vision has hardly stepped beyond a 30 percent corporate tax break -- something even Obama has pondered.
January 20, 2012
Romney Makes a Classic Wealth Management MistakeMitt Romney earned a fortune at Bain Capital, and while much has been made of the 15% he paid in taxes last year, the reality is that he could have avoided even more in taxes had he used a Roth IRA.