Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Tax FAQ: What penalties apply to "premature" distributions under annuity contracts?
By Tax Facts OnlineA 10 percent penalty tax applies to any payment received to the extent the payment is includable in income.
March 09, 2013
Tax FAQ: What penalties apply to "premature" distributions under annuity contracts?A 10 percent penalty tax applies to any payment received to the extent the payment is includable in income.
March 09, 2013
Tax FAQ: Are dividends payable on an annuity contract taxable?Taxation of dividends under an annuity contract depends on when the contract was purchased.
March 09, 2013
Tax FAQ: How is the excludable portion of an annuity payment computed?The rule varies depending on whether you have a variable or non-variable contract.
March 08, 2013
Offshore cash hoard expands by $183 billion at companiesWould companies be more inclined to bring that cash home if the U.S. corporate tax rate wasnt so high?
March 08, 2013
7 health tax tipsIt's everyone's favorite time of year: Tax season. Do you know how to make the most of it?
March 08, 2013
7 health tax tipsIt's everyone's favorite time of year: Tax season. Do you know how to make the most of it?
March 08, 2013
Roubini: Minimal Growth 'at Best' in 2013The legendary bear says tax hikes on wealthy Americans and government spending cuts will have a severe impact on economic growth in the United States this year.