Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Tax Cut Bill Delayed in House; Vote Still Possible Thursday Night
By Melanie WaddellPresident Barack Obama’s compromise tax cut package was pulled from the floor of the House of Representatives Thursday afternoon, though there remained the possibility of a vote on the bill late Thursday night.
December 15, 2010
H.R. 4853: House to Consider Pomeroy Estate Tax Amendment (Updated to Reflect Turmoil)An estate tax proposal to set the personal exemption at $3.5 million for 2 years and the maximum rate at 45%could to come to the House floor today.
December 15, 2010
Robeco-Sage Moves to 1099 Tax ReportingHedge fund provider Robeco-Sage announced that as of Dec. 1, 2010, it has converted its Multi-Strategy Fund tax reporting to Form 1099 from K-1 filings, according to Hedgeweek.
December 15, 2010
Tax Cut Bill Passed by SenateThe Senate in a final vote on Wednesday passed the Tax Relief Bill; the House will take up, and possibly pass, the legislation on Thursday.
December 14, 2010
H.R. 4853: Prospects Improving in HouseHouse Democrats seemed to be moving Tuesday toward letting a tax measure that includes major estate tax and foreign life and annuity tax provisions pass.
December 14, 2010
Tax Bill: Will House Let H.R. 4853 Make Magic?The House is unlikely to take action on H.R. 4853, a tax compromise bill that would stabilize estate tax rules for 2 years, until Thursday, House officials say.
December 14, 2010
Final Senate Vote on Tax Cut Bill Expected WednesdayFinal passage by the Senate of the Tax Relief Bill is expected by Wednesday evening, and President Obama said about Monday's vote: "Folks on both sides of the political spectrum are unhappy with certain parts of the package, and I understand those concerns. But that's the nature of compromise."
December 13, 2010
Professional Development is Critical to Growing Your Advanced Markets PracticePractice and professional development should take place throughout a successful financial professional's career.