Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
There's Still Time for 2011 Tax Relief
By Staff WriterIf youre just beginning to think about your clients' 2011 income tax return (or your own, for that matter), youve got a late start but its still not too late to cash in on some savings.
December 20, 2011
Which Client Deductions Will Expire after 12/31/11?Numerous tax breaks expiring this year could have a drastic effect on your clients in 2012
December 20, 2011
IRS Greenlights ILIT Replacement PoliciesThe IRS has held that a grantors power to substitute a policy in an ILIT for another policy of equal value will not result in estate inclusion
December 19, 2011
Boehner Urges House to Scuttle Payroll Tax Cut DealA bipartisan negotiated two-month extension of payroll tax cuts and extended unemployment benefits, passed by the Senate on Saturday, looks doomed to fail if House Speaker John Boehner, R-Ohio, follows through with his insistence that the House vote it down late Monday.
December 19, 2011
Year-End Giving Tips, Compliments of the IRSAs individuals and businesses rush to make charitable contributions at this busy time of year, the IRS has issued several tips as reminders of tax law provisions that have taken effect in recent years.
December 17, 2011
Preparing Your Clients for Inevitable Tax HikesWhat does the supercommittees failure mean to your clients?
December 16, 2011
LTCI Watch: Breaking Into the FSABoustany has recruited a Democrat to help him continue the fight to help workers who buy LTCI get a tax break.
December 13, 2011
Tax and Philanthropy Focus: Year-End Giving Made EasyLast minute tax planning might very well include giving some wealth away, to your clients' benefit, and society's.