Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Tax Planning Advice: Coordinating Beneficiary Designations—Martin Shenkman
By Marlene Y. SatterClients can undo all the hard work of estate planning by relying on “the guidance of a bank teller.”
March 14, 2011
Tax Planning Advice: Using the Section 179 Deduction—Bernard KielyLast year's Small Business Jobs Act increased Section 179 limitations to $500,000 and expanded the definition of qualified property for the 2010 and 2011 tax years.
March 14, 2011
Tax Penalty Exceptions: Early Distributions From IRAsDon’t overlook exceptions to the 10% tax penalty on early distributions from IRAs; they can save your clients a bundle if they need to tap their retirement account early.
March 14, 2011
Tax Planning Advice: Charitable Tax Deductions—Gavin MorrisseyIn the wake of the 2010 Tax Act, charitable giving becomes more interesting, says Gavin Morrissey.
March 14, 2011
Tax Planning Advice: Minimize Clients' AMT Exposure, or Do You?—Tim SpeissAnalyze the impact of the AMT on clients. Would it surprise you to learn that the AMT is sometimes a better option?
March 14, 2011
Tax Planning Advice: Consider a Roth IRA Conversion—Tim SpeissPaying the tax on converted IRA assets at a 35% rate may be advantageous for clients.
March 11, 2011
Tax Planning Advice: Accelerate Income From Deferred Comp—Tim SpeissClients in deferred compensation plans might want to accelerate that income and pay tax at 35% rather than a likely higher rate in the future.
March 11, 2011
Tax Planning Advice: The Benefits of a GRAT—Benjamin LedyardGrantors can make a gift, utilize the exemption and receive income from the gifted asset using a GRAT strategy.