Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Schwab Focuses on 2012 Cost-Basis Regs for Funds and DRIPs; 1099-B Change
By James J. GreenLatest MKT report discusses how advisors should talk to clients on new IRS reporting requirements for 2012, along with change in Form 1099-B.
June 13, 2011
IRS E-File: More Than 1 Billion Taxpayers Served Since 1986IRS e-file, the electronic transmission system that sends tax returns to IRS processing centers, has passed the one billion mark for individual tax returns processed, the agency announced Thursday.
June 08, 2011
7 Tips for Couples on How to Achieve Money HappinessKnowing how to talk about money is essential if couples hope to stay together, says Jane Honeck, who offers 7 communication tips.
June 07, 2011
Tax Court Confirms Surrender Charges Reduce FMV of Life PolicyRuling on 419 welfare benefit plan sheds some light on taxpayers seeking to reduce their tax liability after distributions.
June 03, 2011
IRS Advisory Panel on Tax Exempt and Government Entities to Meet June 15The IRS’s Advisory Committee on Tax Exempt and Government Entities (ACT) will submit recommendations to IRS leadership at a June 15 public meeting.
June 02, 2011
IRS Offers 5 Tips to Prepare for DisasterThe IRS issues tips to safeguard records and valuables in case disaster strikes clients—or advisors
May 31, 2011
IRS Issues Corrected Instructions for 2010 Gift Tax ReturnThe IRS has revised instructions to Form 709, which is used to report transfers subject to the federal gift and certain generation-skipping transfer (GST) taxes and to figure the tax due on those transfers, if any.
May 25, 2011
Taxing Sole Proprietors: What Advisors Should Know—SlideshowIn an increasingly complicated tax environment, how can you protect your practice?