Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
6 Key IRS Cost-Basis Reporting Changes for Advisor-Clients: Fidelity Report
By Danielle AndrusFidelity released a report on Monday to help advisors "understand differences between the proposed cost-basis reporting requirements and those recently finalized by the Internal Revenue Service."
December 13, 2010
Estate Tax Reform: Harold Evensky and Diahann Lassus Weigh InThere is a proposal in the Senate’s pending tax-cut bill to revamp estate taxes for 2011 from what was scheduled to become law on Jan. 1 if Congress took no action.
December 13, 2010
Senate Nears Vote on Obama-GOP Tax BillThe U.S. Senate is scheduled to hold a cloture vote on Monday on the Obama-GOP compromise tax and unemployment insurance bill. The Senate is likely to approve the bill itself on Dec. 14.
December 13, 2010
Vote on Tax Cuts and Jobless Aid; Support for Euro: Advisor Briefing for the Week of Dec. 13, 2010This week's top news centers around taxes, estate planning and jobs, leavened by the final FOMC confab of the year.
December 13, 2010
Financial Advice for the 21st Century, and 21st Century CouplesThese days there is more attention being paid to alternative family structures and advisors can find plenty of help learning how to serve those clients.
December 12, 2010
Professional Development is Critical to Growing Your Advanced Markets PracticePractice and professional development should take place throughout a successful financial professional's career.
December 12, 2010
Tax Cut Deal: Sanders’ Filibuster; Clinton’s Defense; Democrats’ AngerIn the wake of President Obama’s deal with Republican lawmakers regarding the negotiated package centering on the Bush tax cuts and an extension of unemployment benefits, protest was loud and long on the Democratic side of the aisle.
December 10, 2010
H.R. 4853: Bipartisan Deal Would Set Estate Tax Rate at 35%A bipartisan tax agreement unveiled by the Senate last night would be generous to taxpayers who die leaving large estates.