Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
The Long and Winding Road
By Marlene Y. SatterNatural disasters are growing more frequent and severe, their collective losses taking an ever greater toll on insurers and reinsurers$23.5 billion from tornadoes and other severe weather in the United States in the first half of 2011 alone, according to Munich Re.
September 24, 2011
Roth Redo Can Slash Taxes, but Be CarefulCould a Roth reconversion cut your clients tax bills? Maybe so, but make sure the timing is right.
September 22, 2011
'Wealthy' Making $200k+ Would Pay for President's Jobs ActAre higher taxes on the horizon for your clients?
September 20, 2011
Tim Geithner: Obama's Plan 'Fairest' for Promoting GrowthTreasury Secretary Tim Geithner appeared on Bloomberg Television with Julianna Goldman Monday to discuss President Obama's deficit-cutting plan and the crisis in Europe.
September 19, 2011
Obama Deficit Plan Includes $1.5 Trillion in Tax Hikes on WealthyPresident Barack Obama announced Monday his plan to reduce the deficit by more than $3 trillion over the next decade, including $1.5 trillion in tax increases for the wealthy.
September 19, 2011
Tax Amnesty: IRS Collects Billions From Hidden Offshore AssetsGetting straight with the IRS is gaining momentum among Americans who have previously evaded taxes by not disclosing offshore assets and income.
September 18, 2011
IRS Clarifies Deductibility of Advisory Fees by Estates and TrustsThe IRS has reissued proposed regs that clarify when a nongrantor trusts or estates investment advisory services are fully deductible for income tax purposes.
September 17, 2011
How to Build a Foolproof Family Limited PartnershipA strong FLP must be custom-built from the ground up or you risk having the IRS or a court set it aside.