Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Democrats Propose to Extend, Expand Payroll Tax Cut; Republicans Scoff
By Joyce HansonSenate Democrats on Monday urged Congress to extend the tax cuts now in place for employers and employees, but Republicans countered that the tax holiday should end because it isnt stimulating the economy.
November 23, 2011
Rescue Payroll Tax Cut and Jobless Benefits from Wreckage (Bloomberg Businessweek)The failure of the recent U.S. debt "supercommittee" may produce some serious collateral damage, as unemployment benefits fade and payroll taxes are poised for a 2 percent jump.
November 22, 2011
Philanthropy Focus: Expert Offers Tips to Make Year-End Giving CountNPTs Eileen Heisman tells AdvsorOne how to make philanthropy smart and strategic and not done just to beat the Dec. 31 deadline for tax purposes.
November 21, 2011
Stop-Loss Executive Sees Fierce CompetitionPPACA may have increased demand for plans for health plans, but barriers to entry remain low.
November 21, 2011
Obama Signs 3% Withholding Tax Repeal Into LawPresident Barack Obama signed on Monday a bipartisan bill that repeals the 3% Withholding Tax mandate enacted in the Tax Increase Prevention and Reconciliation Act of 2005.
November 21, 2011
Deficit Supercommittee Fails to Make DealWhile not officially declaring defeat, the deficit supercommittee remains in a partisan deadlock and had failed by Monday to reach a deal.
November 16, 2011
Deficit Supercommittee Will Not Solve Our Problems: News AnalysisIt will take far more than economic reforms and political fixes to set America back on track. Until we fix the values problem underlying our economic problems, we shouldnt expect a lasting recovery.
November 15, 2011
PPACA Small Group Tax Credit Gets Off to Slow StartComplicated rules and low awareness levels have been limiting use, witnesses told a House subcommittee.