Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
January 20, 2010
Estate tax remains in limboFor the first time since 1915, the United States has no estate tax. And a lot of planners and their clients are left to deal with the uncertainty this situation has created.
January 20, 2010
Estate tax remains in limboFor the first time since 1915, the United States has no estate tax. And a lot of planners and their clients are left to deal with the uncertainty this situation has created.
January 20, 2010
Citigroup Lost in Fourth Quarter and Full YearCitibank net losses for quarter and year add up to questions about the timing of TARP repayments.
January 20, 2010
Bank of America Reports LossesOn the heels of Citibank's reported losses for the quarter and full year after repayments of TARP bailout funds, Bank of America reported losses for those periods as well.
January 19, 2010
Top tips for tax seasonThe Insured Retirement Institute has issued a helpful on-line checklist, "Tips for Preparing for Tax Season," to assist in making sensible tax decisions throughout the year.
January 19, 2010
Top tips for tax seasonThe Insured Retirement Institute has issued a helpful on-line checklist, "Tips for Preparing for Tax Season," to assist in making sensible tax decisions throughout the year.
January 18, 2010
Estate Taxes and the Carryover BasisThe repeal of the estate tax aside, 2010 introduces the concept of a carryover basis. The assets owned prior to death are no longer stepped-up to the fair market value at the date of death or the alternate valuation date.