Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
4 Ways to Deal With Estate Tax Uncertainty
By Ed McCarthy, CFP, RICPNext year, your senior clients may be faced with potential estate tax changes. Here, fellow advisors share four strategies to help them cope.
June 13, 2012
A More Compassionate IRS? Agency Offers Help for Struggling TaxpayersThe IRS offers more flexible terms in its OIC program, for starters, but also help in collections and lien relief for homeowners.
June 11, 2012
Senate Finance’s Baucus: U.S. Headed Toward Fiscal Crisis Like EuropeSen. Max Baucus, D-Mont., said Monday that any tax reform plan must be developed with a sound budget in mind that reduces deficits and debt.
June 08, 2012
At Pershing Insite, a Plea for BDs to Scrutinize Reps’ Outside DealingsJoan Schwartz of Pershing warns BD executives to better scrutinize such dealings, since this is how bad reps are stealing clients money.
June 07, 2012
Regulator: JPMorgan Had ‘Inadequate’ Risk ControlsU.S. Comptroller of the Currency Thomas Curry said the agency is conducting an extensive review that will focus on where breakdowns or failures occurred.
June 07, 2012
Pershing to Offer 529 College Savings PlansThe new 529 college savings plan is designed to help advisors overcome the hurdle of managing college savings outside their clients' portfolios.
June 04, 2012
Societe Generale Rogue Trader Begins Appeal Hearing (BBC)Societe Generale trader Jerome Kerviel begins his appeal of a forgery and breach of trust conviction he received after he lost 4.9 billion euros in 2008.
June 04, 2012
Oversight of J.P. Morgan Probed (Wall Street Journal)Practices and procedures of the federal agency overseeing J.P. Morgan have come under question after the bank's $2 billion loss last month.