Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
In Reform Bill, Congress Will Miss Obama's July 4 Deadline
By Melanie WaddellThe House and Senate will miss their deadline to send the financial services reform bill to President Obama for his signature by July 4.
June 29, 2010
Brown Talks, Democrats ListenThe congressional delegates responsible for reconciling the House and Senate versions of the H.R. 4173 financial services bill today went back to work to try to remove a bank tax provision.
June 29, 2010
Senator Brown Scuttles Reform Bill Deal, Forcing Lawmakers Back to ConferenceTop Democratic negotiators reopened negotiations on the financial services reform bill June 29, to remove a $19 billion tax on big banks and hedge funds that Republican Senator Scott Brown of Massachusetts said he could not support.
June 29, 2010
Brown Talks, Democrats ListenThe congressional delegates responsible for reconciling the House and Senate versions of the H.R. 4173 financial services bill today went back to work to try to remove a bank tax provision.
June 29, 2010
H.R. 4173: Herding the ButterfliesBackers of the H.R. 4173 financial services bill have been trying to round up the support they need to finish getting the measure through Congress.
June 28, 2010
H.R. 4173: But Wait, There's More . . .Democrats are trying to round up the votes they need to get the H.R. 4173 financial services bill conference report through the Senate.
June 23, 2010
How to incorporate suitability into your selling approachSenior Market Advisor recently contacted some top advisors to figure out how they're working an ethical approach into their sales strategy. Below, we've included some highlights from the responses we received.
June 21, 2010
Congress Ponders Annuity TrustsCongress is mulling over several bills that would significantly narrow the advantages of using grantor-retained annuity trusts to avoid estate and gift taxes as pressure grows to close the yawning federal budget gap.