Tax Deductions
News updates about tax deductions advisors should consider for their clients.
14 Big Changes for Tax Years 2011-13: Tax Expert Bernard Kiely
By Marlene Y. SatterReminders on tax code changes that have already occurred, those that may disappear this year if Congress doesn't act, and what's on tap for 2013, from advisor and tax expert Bernie Kiely.
February 22, 2012
Romney Calls for 20% Income Tax CutsRepublican presidential hopeful Mitt Romney on Wednesday called for 20 percent across-the-board cuts in personal income tax rates as part of a program to help the economy grow.
February 21, 2012
4 Items to Consider Regarding Taxes in Benefit PlanningPoliticians' amorphous tax claims make for great entertainment and plenty of copy for journalists, but they dont provide any guidance for the entities that have to pay these taxes.
February 21, 2012
Tax Avoidance Strategies for Small Businesses, Like Your Advisory FirmAdvisor Mike Patton explores a way of reducing the tax liability of your firm.
December 27, 2011
Higher-Income Wage Earners Subject to Additional TaxAs part of the two-month extension of the payroll tax cut negotiated by Congress that begins in January, higher-income wage earners will be subject to a new 'recapture' provision, according to the IRS.
December 21, 2011
There's Still Time for 2011 Tax ReliefIf youre just beginning to think about your clients' 2011 income tax return (or your own, for that matter), youve got a late start but its still not too late to cash in on some savings.
December 21, 2011
There's Still Time for 2011 Tax ReliefIf youre just beginning to think about your clients' 2011 income tax return (or your own, for that matter), youve got a late start but its still not too late to cash in on some savings.
December 20, 2011
Which Client Deductions Will Expire after 12/31/11?Numerous tax breaks expiring this year could have a drastic effect on your clients in 2012