Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Taking Sides: Will Wall Street's Generosity to GOP Continue?
By Kenneth SilberIn the 2008 presidential race, Barack Obama had a substantial edge over John McCain in raising money from Wall Street. That advantage has not only evaporated for the president in the current race, but has reversed dramatically.
September 24, 2012
Recharacterizing Roth IRAs: It Might Still Make SenseLooming tax increases for 2013 provided your clients with motivation to convert their traditional IRAs into Roth IRAs last year. It is important to re-examine those conversions before this years recharacterization deadline.
September 24, 2012
Top 5 Fiscal Cliff Tips for Advisors: Fi360Fi360s Kathy Stewart offers the basics on how to help spooked clients take action if the Bush tax cuts aren't extended or made permanent.
September 24, 2012
On Romney’s 2011 Return, HNW Tax Preparer Says, ‘I’ve Never Prepared One This Complicated’One thing that was clear from the 379-page return was the benefit the Romneys have reaped from lower rates on long-term capital gains.
September 24, 2012
Boost Home and Capital Gains Taxes on Wealthy, Says Britain's Deputy PMBritains deputy prime minister called for an increase in taxes on capital gains and on the priciest real estate transactions, saying it was harder for the wealthy to avoid taxes on assets they couldnt just pick up and move.
September 21, 2012
3 States Join Suit Challenging a Part of Dodd-Frank’s ConstitutionalityThree states joined a lawsuit filed in federal court in Washington, D.C., that asked the court to review the constitutionality of the Orderly Liquidation Authority, established under Dodd-Frank.
September 21, 2012
Senate JPMorgan probe said to seek tougher Volcker ruleInvestigators want to know if JPMorgan Chase's $5.8 billion trading loss would have happened under the Volcker Rule's initial draft of the ban on proprietary trading.
September 21, 2012
Lawmakers Grapple With Capital Gains Tax OverhaulAs Congress tackles broad tax reform, where to set the rates on capital gains will be the most controversial and complex issue lawmakers must tackle.