Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Citigroup Lost in Fourth Quarter and Full Year
By Kate McBrideCitibank net losses for quarter and year add up to questions about the timing of TARP repayments.
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.
January 18, 2010
SIFMA Opposes TARP Tax ProposalGroup reportedly hires lawyer to investigate Constitutional issues
January 14, 2010
No Solution In Sight For Estate Tax FixAction this month on legislation restoring the estate tax, even for an interim period, is unlikely, despite the problems the lapse of the estate tax is causing.
January 14, 2010
Feds Call For 0.15% "Excess Liability" TaxPresident Obama today joined with other officials to propose a new "financial responsibility fee" that could affect large insurers.
January 13, 2010
Chummy DealsIt's become more and more clear that one of the big initial mistakes President Obama made was selecting Timothy Geithner to be Secretary of the Treasury.
January 13, 2010
No Solution In Sight For Estate Tax FixAction this month on legislation restoring the estate tax, even for an interim period, is unlikely, despite the problems the lapse of the estate tax is causing.