Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
When Are Insurance Policy Loans Taxable?
By William H. Byrnes, Robert BloinkLoans from life insurance policies are not usually treated as taxable income, but borrowers need to be careful.
June 27, 2011
What Next? ILITs & Estate Planning With the $5M ExclusionSurrender, sale or replacement. Which method of disposing of unneeded insurance policies is best for your clients?
June 24, 2011
House Passes Tax Strategy Patent BanH.R. 1249, a bill that includes a provision banning tax strategy patents, has passed 304-117 in the House.
June 24, 2011
House Passes Tax Strategy Patent BanH.R. 1249, a bill that includes a provision banning tax strategy patents, has passed 304-117 in the House.
June 24, 2011
IRS: High Earners With No Tax Liability Skyrocketed in 2008The number of high-earning U.S. taxpayers who did not owe income tax in 2008 shot up by nearly 80% from the previous year, according to the spring 2011 edition of the Statistics of Income Bulletin, released June 14 by the IRS.
June 17, 2011
IMF Cuts U.S. Growth Estimate, Compares Debt Woes With GreeceIn its bimonthly World Economic Outlook, the IMF revised downward its estimate of U.S. GDP for 2011, and IMF official Jose Vinals said America's debt problems were on par with Greece, Ireland and Japan.
June 17, 2011
The Facts and the Options--Pro and Con--for U.S. Corporate Tax ReformEverbody's talking overhauling the U.S. corporate tax system. Here are some facts and comparisons on how U.S. multinationals are taxed, and Congressional action.
June 16, 2011
Private Stock Finding Its Way Into Donor Advised Funds, Says Fidelity’s Valas‘Complex’ assets, especially C- and S-Corp shares, can be particularly valuable when gifted to DAFs