Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Debt Bill Plan: Sweeping Tax Reform Ahead
By Gil WeinreichCongress has just months under the new debt ceiling law to come up with further deficit reductions. A new report suggests legislators will achieve their goals through sweeping tax reform, since the parties are far apart on the question of spending restraint versus tax hikes.
August 01, 2011
Debt Ceiling Deal Reached; Senate, House to Vote on MondayThe proposed deal would raise the debt ceiling now and through 2012, cut domestic and military spending over next 10 years.
July 31, 2011
The miracle of compound interestThe next 15 months will be among the most interesting and challenging in the history of our country. During the election campaigns, we will be debating Social Security, Medicare,
July 29, 2011
Roth Restructure Scheme Nets Couple $2 Million Tax BillThe Tax Court recently upheld penalties against a couple who bought into a traditional IRA to Roth conversion scheme.
July 28, 2011
Top 10 Biggest Tax Breaks: What to Cut to Trim Deficit?We need to slash the deficit, right? So which of these 10 treasured, and costly, tax deductions would you cut to save the country from fiscal ruin?
July 27, 2011
Disability Insurer Fires Data at Budget HawksFederal budget deficit cutters should understand that the tax deduction for employer-sponsored disability insurance is more than just another tax expenditure, a top disability insurer says.
July 27, 2011
IRS Offers Taxpayers 5 Social Media Ways to Get InformationThe IRS gives taxpayers five ways to use social media to get general information.
July 27, 2011
Raymond James Taps New Exec to Continue PCG Earnings MomentumThe private-client group now has about 5,100 advisors and $278 billion in assets worldwide.