Tax Deductions
News updates about tax deductions advisors should consider for their clients.
Obama backs off hard lines in search of compromise
By JIM KUHNHENN, Associated PressBoth sides still seem willing to lock in on a substantial agreement rather than just putting off a fiscal day of reckoning.
December 17, 2012
Movement seen in fiscal cliff talksGOP leader signals willingness to raise taxes on those making $1 million. Will it be enough to seal a deal?
December 13, 2012
US economy could withstand brief fall off cliffEconomists expect a soft landing as long as both sides continue to negotiate in earnest after the deadline.
December 12, 2012
Fiscal Cliff Tax Backlash: 4 Hits Your Clients Will Take—A Case StudyAs fiscal cliff negotiations continue in Washington, a case study of the four major tax repercussions of a typical client couple should we go over the cliff.
December 05, 2012
Battle lines drawn in fiscal cliff negotiationsHighlights of White House, GOP budget plans on taxes, Medicare and the debt ceiling.
December 04, 2012
GOP fiscal cliff plan echoes failed budget talksRepublicans have countered the presidents plan with proposals that Democrats have opposed in the past.
December 04, 2012
GOP fiscal cliff plan echoes failed budget talksRepublicans have countered the presidents plan with proposals that Democrats have opposed in the past.
November 28, 2012
What HNW Familes Can Do Before Taxes Shoot UpIf you had any thoughts of selling your stocks between now and 2017, doing so within the next month may be strongly advisable from a tax point of view, says Wilmington Trust.