Tax Deductions
News updates about tax deductions advisors should consider for their clients.
On Romney’s 2011 Return, HNW Tax Preparer Says, ‘I’ve Never Prepared One This Complicated’
By Marlene Y. SatterOne thing that was clear from the 379-page return was the benefit the Romneys have reaped from lower rates on long-term capital gains.
August 23, 2012
A Bold New DirectionOn Jan. 21, 2013, either a re-elected President Obama or a newly elected President Romney will face economic trouble and congressional stubbornness. Heres a bold way through.
August 01, 2012
Senate Dems Play Hardball with Tax BattleSenate Democrats signaled that they will hold hostage extension of the current, relatively generous, estate tax provisions to higher taxes on the wealthy.
July 31, 2012
Senate Dems Play Hardball with Tax BattleSenate Democrats signaled that they will hold hostage extension of the current, relatively generous, estate tax provisions to higher taxes on the wealthy.
July 26, 2012
House Republicans Plan Vote to Extend Bush-Era Tax Cuts Following Vote by Senate DemsSenate Democrats pushed through Wednesday legislation that would phase out the so-called Bush-era tax cuts except for families earning $250,000 or less at the end of this year.
July 26, 2012
House Republicans Plan Vote to Extend Bush-Era Tax Cuts Following Vote by Senate DemsSenate Democrats pushed through Wednesday legislation that would phase out the so-called Bush-era tax cuts except for families earning $250,000 or less at the end of this year.
July 20, 2012
Senate Dems Play Hardball with Tax BattleSenate Democrats have signaled that they will hold hostage an extension of the current, relatively generous, estate tax provisions to higher taxes on the wealthy.
July 16, 2012
Senate Dems Ready $272B Tax-Cut Extension BillThe highest earning Americans would pay a top rate of 23.8% for capital gains and dividends next year under a $272 billion, one-year extension of tax cuts that Senate Democrats are circulating among themselves.