Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Industry Reacts to Tax Deal
By Arthur D. PostalLife insurance agent trade groups had a guarded reaction to the proposed compromise tax cut unveiled by President Barack Obama late Monday.
December 07, 2010
Bush Tax Cut Deal: Assessing Obama's 'Grand Compromise' With GOPWhile Obama says the plan provides a "framework" for a bipartisan deal, he must now convince angry Democrats to go along.
December 06, 2010
Obama Says He Has a Tax DealPresident Obama has agreed to work with Republican leaders on a tax proposal that apparently could set the individual estate tax exemption at $5 million and the estate tax rate at 35%.
December 06, 2010
Obama Says He Has a Tax DealPresident Obama has agreed to work with Republican leaders on a tax proposal that apparently could set the individual estate tax exemption at $5 million and the estate tax rate at 35%.
December 06, 2010
Bush Tax Cuts: Obama Sees Compromise Tied to Jobless BenefitsObama’s Deputy Press Secretary Bill Burton: The President “is confident that in the next couple of days or so we will find a way to extend tax cuts for middle-class families."
December 06, 2010
Baucus' Gift Tax Proposal Fails in SenateThe Senate voted to reject Democratic Sen. Max Baucus' proposal to increase the existing 35% gift tax to 45% for transfer until the end of the year, Bloomberg reported Saturday.
December 05, 2010
Taxes, Deficit Dominate Discussions by GOP, DemocratsThe economy was prominent on the Sunday talk shows; once again Republicans and Democrats duked it out over their differing views of what’s needed and what will happen in the coming year.
December 03, 2010
CBO Chief Elmendorf Testifies on Tax and Deficit ProjectionsDoug Elmendorf's testimony before the Senate took a look at federal tax rates, tax bracket percentages and federal spending as a percentage of GDP in the recent past, as well as how these issues are trending for the near future.