Tax Deductions
News updates about tax deductions advisors should consider for their clients.
MLPs, Taxes, the K-1 & More: Frequently Asked Questions
By thinkadvisorHow are MLPs structured? MLPs have two classes of ownership, which are general partners (GPs) and limited partners (LPs).
April 16, 2012
Obama's Buffett Rule Impact on Taxes, JobsPresident Barack Obama's proposal to impose a "Buffett rule" tax on the rich is generating enormous political wattage, but the plan itself would directly affect only a tiny fraction of Americans.
April 16, 2012
Obama's Buffett Rule Impact on Taxes, JobsPresident Barack Obama's proposal to impose a "Buffett rule" tax on the rich is generating enormous political wattage, but the plan itself would directly affect only a tiny fraction of Americans.
March 30, 2012
Kansas Lawmakers OK Medicaid Plan, Stall on TaxesLegislators must decide on tax cuts before than they complete work on the next budget.
March 30, 2012
Kansas Lawmakers OK Medicaid Plan, Stall on TaxesLegislators must decide on tax cuts before than they complete work on the next budget.
March 22, 2012
British Budget Cuts Top Tax Rate, Deductions for PensionersChancellor of the Exchequer George Osborne on Thursday prompted a chorus of jeers over the budget he unveiled, which cut the top tax rate on Britains wealthiest even as it eliminated tax deductions for pensioners.
March 20, 2012
Employee Benefits and Taxes, Pt. 1: Tax Treatment of Section 83 Deferred CompFrom Tax Facts Online, a look at tax consequences to both employees and employers on Section 83 funded deferred compensation agreements.
March 19, 2012
What I Do in My Practice, Pt. 4: Clients’ Tax Filing StatusSome reminders on your clients tax filing status: Death, married filing separate, looming divorce.