Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Roth Restructure Scheme Nets Couple $2 Million Tax Bill
By William H. Byrnes, Robert BloinkThe Tax Court recently upheld penalties against a couple who bought into a traditional IRA to Roth conversion scheme.
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.
July 26, 2011
Democracy's PriceThe Founding Fathers understood that democracy — "government of the people, by the people, for the people" as Abraham Lincoln put it…
July 26, 2011
Does Anyone Have a Real Economic Plan?Going into next year's election, President Obama is in a heap of trouble over the economy. Some evidence: in June, only 29 percent of the people who participated in a Wall Street Journal / NBC News poll thought the country was "headed in the right direction."
July 25, 2011
Born This WayNew York State's passage on June 24 of a contentious bill permitting same-sex marriage has given a powerful boost to gay and lesbian couples' decades-long drive for legal and social equality.
July 25, 2011
Washington Contemplates Severe Cap on 401(k) ContributionsDo we really want to discourage retirement savings as Social Security continues its inexorable slide toward insolvency?
July 25, 2011
5 Reasons Congress Should Be Held to a Fiduciary StandardIt’s time to employ the fiduciary standard as the benchmark of conduct for all elected congressional officials. After all, they manage “other people’s money,” and plenty of it