Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Tax Court Confirms Surrender Charges Reduce FMV of Life Policy
By Robert Bloink, William H. ByrnesRuling on 419 welfare benefit plan sheds some light on taxpayers seeking to reduce their tax liability after distributions.
May 31, 2011
IRS Issues Corrected Instructions for 2010 Gift Tax ReturnThe IRS has revised instructions to Form 709, which is used to report transfers subject to the federal gift and certain generation-skipping transfer (GST) taxes and to figure the tax due on those transfers, if any.
May 25, 2011
Taxing Sole Proprietors: What Advisors Should Know—SlideshowIn an increasingly complicated tax environment, how can you protect your practice?
May 25, 2011
Economics of Disaster: From Joplin Tornado to Japan Quake, Crisis at a Cost—SlideshowNatural disasters have ravaged economies everywhere they've hit, imperiling budgets and businesses from Japan to the Mississippi River Delta.
May 23, 2011
Coming Up ShortA five-person panel of experts questioned whether the U.S. will be able to meet fiscal challenges in the coming year, citing "irreconcilable differences" between the two parties, election-year politics and entrenched interests.
May 23, 2011
MSRB, FINRA, SEC Work Together on Dodd-Frank Rules and Enforcement‘We’re dealing with other people’s money here,’ MSRB Chairman says.
May 22, 2011
Coming Up ShortA five-person panel of experts questioned whether the U.S. will be able to meet fiscal challenges in the coming year, citing "irreconcilable differences" between the two parties, election-year politics and entrenched interests.
May 20, 2011
10 Ways the IRS Can Help You Do Your JobThe IRS 2011 Nationwide Tax Forums this summer--designed for CPAs and CFPs-- will travel to Atlanta, Orlando, Dallas, San Jose, Las Vegas and D.C.