Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
IRS Launches a Lenient Lien Program for Small Businesses
By William H. Byrnes, Robert BloinkIf you have small business clients struggling with back taxes and/or tax liens, the IRS is offering ways to reduce their burden.
March 25, 2011
U.S. Economy Challenged After Strong GDP Growth in Q4 2010The U.S. economy, as measured by GDP, grew at an annual rate of 3.1% in the October-December quarter, the Commerce Department reported Friday.
March 25, 2011
France's Lagarde Pressures Ireland on Corporate Tax RateAs Ireland pressed for a better interest rate on the bailout package it received from the EU and IMF, French Finance Minister Christine Lagarde pushed back.
March 25, 2011
Tax Court Revives Partnership Self Employment Tax DebateA recent Tax Court opinion could revive the debate over how and when limited partners are exempt from self-employment taxes.
March 24, 2011
9 States That Benefit From Higher Gas PricesThe average price of gasoline in the U.S. has increased by almost 75 cents per gallon during the past year, yet only a handful of states will benefit from additional tax revenue, according to a report released Tuesday by the Tax Foundation.
March 21, 2011
Making the Most of Tax SeasonTax time may generate high anxiety for millions of Americans rushing to get their returns filed on time.
March 20, 2011
Making the Most of Tax SeasonTax time may generate high anxiety for millions of Americans rushing to get their returns filed on time.
March 15, 2011
Tax Planning Advice: Look at Last Year’s Return—Bernard KielyA minimum of a two-year trend analysis on a client’s tax returns can pinpoint mistakes and opportunities.