Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Who’s Really ‘Rich’?
By Ron DeLeggeA national debate about rich versus poor has erupted. Were told the contest is between the top 1 percent of all income earners against the bottom 99 percent. We are also told the top 1 percent represents not just the dreadful essence of evil, but that they are rich. What...
December 23, 2011
Congress Approves Two-Month Payroll Tax Cut ExtensionFollowing House GOP change of heart, bill approved by both Houses in Dec. 23 pro forma sessions.
December 21, 2011
Philanthropy Focus: 10 Creative Ways to Use Your Private FoundationBerit Ashla, a San Francisco-based philanthropic director of Foundation Source, the private foundation outsource company, lists options available to unleash the most bang out of your foundation's dollars.
December 21, 2011
There's Still Time for 2011 Tax ReliefIf 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 21, 2011
There's Still Time for 2011 Tax ReliefIf 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 21, 2011
House Rejection of Senate Bill Leaves Payroll Tax Cut UncertainThe House rejected, 229-193, on Tuesday the Senate bill to extend the payroll tax cut for two months as well as unemployment benefits. If Congress cant break the logjam, 160 million Americans will pay higher taxes next year.
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