Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
The Exemption to the Rule
By Darin GibsonThe long-awaited Tax Relief Act of 2010 is providing an unprecedented opportunity through the end of 2012 for everyonenot just the ultra-wealthyto benefit from short-term tax breaks impacting gifting and estate planning.
August 19, 2011
FSP Speaker Sees Worms in Estate Tax Portability FeatureThe estate tax portability provision in the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 could trip up advisors who fail to think ahead.
August 19, 2011
IRS’ Top 7 Tax Tips for Job SeekersOur favorite government agency offers helpyes, helpon how to save tax dollars when looking for a job.
August 18, 2011
FSP Speaker Sees Worms in Estate Tax Portability FeatureThe estate tax portability provision in the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 could trip up advisors who fail to think ahead.
August 18, 2011
IRS Finally Issues Guidance on 2010 Estate TaxEstates of decedents who died in 2010 finally have guidance from the IRS on how to opt out of estate tax treatment and allocate carryover basis to estate property.
August 17, 2011
Warren Buffett: Is he right?It was hard not to hear about billionaire Warren Buffett's opinion piece in The New York Times on Monday, which urged Congress to raise taxes on the super-rich to help cut the federal budget deficit.
August 17, 2011
Congress’ Deficit Panel Talks Echo Fraught 1990 Budget Deal: News AnalysisDemocrats on the Super Committee charged with proposing $1.5 trillion in deficit reduction are citing as precedent a 1990 budget deal that raised taxes but may have doomed President George H.W. Bush's re-election prospects.
August 17, 2011
Wealth Transfer Implications of U.S. Debt DowngradeAn increase is possible in safe-harbor interest rates for intra-family debt transactions