Tax Deductions
News updates about tax deductions advisors should consider for their clients.
British Budget Cuts Top Tax Rate, Deductions for Pensioners
By Marlene Y. SatterChancellor of the Exchequer George Osborne on Thursday prompted a chorus of jeers over the budget he unveiled, which cut the top tax rate on Britains wealthiest even as it eliminated tax deductions for pensioners.
March 08, 2012
14 Big Changes for Tax Years 2011-13: Tax Expert Bernard KielyReminders on tax code changes that have already occurred, those that may disappear this year if Congress doesn't act, and what's on tap for 2013, from advisor and tax expert Bernie Kiely.
March 08, 2012
Top Tips for Women at Tax TimeOn International Women's Day, AdvisorOne offers tax tips for women from financial planner Peggy Cabaniss and CPA Barbara Kogen.
February 22, 2012
Romney Calls for 20% Income Tax CutsRepublican presidential hopeful Mitt Romney on Wednesday called for 20 percent across-the-board cuts in personal income tax rates as part of a program to help the economy grow.
February 22, 2012
Romney Calls for 20% Income Tax CutsRepublican presidential hopeful Mitt Romney on Wednesday called for 20 percent across-the-board cuts in personal income tax rates as part of a program to help the economy grow.
February 21, 2012
4 Items to Consider Regarding Taxes in Benefit PlanningPoliticians' amorphous tax claims make for great entertainment and plenty of copy for journalists, but they dont provide any guidance for the entities that have to pay these taxes.
February 21, 2012
Tax Avoidance Strategies for Small Businesses, Like Your Advisory FirmAdvisor Mike Patton explores a way of reducing the tax liability of your firm.
December 27, 2011
Higher-Income Wage Earners Subject to Additional TaxAs part of the two-month extension of the payroll tax cut negotiated by Congress that begins in January, higher-income wage earners will be subject to a new 'recapture' provision, according to the IRS.