Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
The great licensing divide: Insights on suitability
By staff WriterIn the April edition of Senior Market Advisor, managing editor Andy Stonehouse tackles the "great divide" between advisors who are happy working without their securities licenses versus those who can offer a wider swath of services with their licensing.
February 18, 2011
10 Tax Deductions That Can Save Clients MoneyDeciding whether to itemize or take the standard deduction became somewhat easier for the 2010 tax year when standard deductions for disaster losses, real estate taxes and new motor vehicle taxes and the Schedule L used to calculate them were largely eliminated for 2010, according to a statement issued Thursday...
February 17, 2011
New Credit Card Rules Benefiting Consumers, Advocacy Group SaysCritics contend that the numbers don’t tell the full story.
February 16, 2011
2010 Q4 Earnings: ING Profits Continue Recovery but Miss EstimatesING Group NV reported fourth-quarter profits on Wednesday of $586.5 million, $0.14 per share, compared with $1.4 billion in the third quarter, and a loss of $964.4 million in the same quarter last year.
February 15, 2011
Obama Budget 2012: Tax Changes Would Hit Wealthy ClientsHigher tax rates and fewer itemized deductions could raise taxes for those earning more than $250,000.
February 11, 2011
IRS Initiates New Tax Amnesty Plan for Hidden Offshore AccountsThe IRS on Tuesday announced details of a special voluntary disclosure initiative designed to bring offshore money back into the U.S. tax system and help people with undisclosed income from hidden offshore accounts get current with their taxes.
February 09, 2011
2010 Q4 Earnings: Prudential Profit Is $213 Million on Strong Annuity SalesAccount values pass $100 billion milestone.
February 09, 2011
FPA Capital’s Bob Rodriguez Says Economic Meltdown Looming: AdvisorOne InterviewInvigorated after a year-long sabbatical, renowned fund manager Robert Rodriguez, CEO of First Pacific Advisors, sternly warns that markets and the economy are threatened by the governments tardiness in addressing fiscal reform.