Tax Deductions
News updates about tax deductions advisors should consider for their clients.
Senate Dems Ready $272B Tax-Cut Extension Bill
By Alan FramThe 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.
June 27, 2012
MLPs, Taxes, the K-1 & More: Frequently Asked QuestionsHow are MLPs structured? MLPs have two classes of ownership, which are general partners (GPs) and limited partners (LPs).
April 17, 2012
GOP Kills Senate 'Buffett Rule'Senate Republicans derailed a Democratic "Buffett rule" bill Monday forcing the nation's top earners to pay at least 30% of their income in taxes, using the day before Americans' taxes are due to defy President Barack Obama on one of his signature election-year issues.
April 16, 2012
Tips on Paying Estimated Taxes—for Clients and AdvisorsAre you or your clients sole proprietors or S corps? The skinny on the latest IRS tips for who, when and how to pay estimated taxes.
April 16, 2012
Obama's Buffett Rule Impact on Taxes, JobsPresident Barack Obama's proposal to impose a "Buffett rule" tax on the rich is generating enormous political wattage, but the plan itself would directly affect only a tiny fraction of Americans.
April 16, 2012
Obama's Buffett Rule Impact on Taxes, JobsPresident Barack Obama's proposal to impose a "Buffett rule" tax on the rich is generating enormous political wattage, but the plan itself would directly affect only a tiny fraction of Americans.
March 30, 2012
Kansas Lawmakers OK Medicaid Plan, Stall on TaxesLegislators must decide on tax cuts before than they complete work on the next budget.
March 30, 2012
Kansas Lawmakers OK Medicaid Plan, Stall on TaxesLegislators must decide on tax cuts before than they complete work on the next budget.