Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
CBO: Estate Tax Still Could Return to 2001 Levels
By Allison BellThe estate and gift tax provisions enacted in 2010 are set to expire in 2013, Congressional Budget Office analysts note in a budget outlook review.
January 26, 2011
IRS to Announce New Amnesty Program for Offshore AccountsThe IRS has announced a new amnesty program aimed at encouraging wealthy Americans with hidden offshore bank accounts to come forward, declare their money and pay taxes owed, according to a report in The New York Times on Tuesday.
January 26, 2011
State of the Union: Obama Wants to Cut Corporate Taxes, LoopholesPresident Barack Obama's call to lower corporate tax rates is popular among business leaders and lawmakers from both parties, but he offered no specifics about how to pay for it.
January 25, 2011
Important Issues to Consider When Clients Move to, Invest in or Retire in CanadaBecause our social and cultural institutions are so similar, many Americans and Canadians feel completely at home on either side of our two nations' borders.
January 24, 2011
After Delay, IRS Will Begin Processing Returns on Feb. 14 That Claim DeductionsThe IRS plans to start processing tax returns delayed by the December tax law changes on Feb. 14, according to a recent announcement.
January 21, 2011
Kleinberg, Kaplan, Wolff & Cohen Promotes HNW Expert KriegerTax, estate, gift and philanthropy advisor Jodi Krieger now a member of the firm.
January 19, 2011
Fiscal Q1 Earnings: Raymond James Boosts Profits 90%Private client net income improves 76% in the period ending Dec. 31, 2010
January 18, 2011
2010 Q4 Earnings: Citigroup Sees Profits for First Time Since 2007For the first time since CEO Vikram Pandit took over the leadership of Citigroup in 2007, the bank reported annual profits in its end-of-year earnings, at $10.6 billion, or $0.35 per share.