Roth conversions and charitable remainder trusts are two tools tax advisors are pushing to help taxpayers leave more money to their children and their favorite cause.
If all goes according to expectations, next year the federal tax rate on
capital gains will rise for the first time in 23 years from 15% to 20%...
Financial advisors are fielding calls from clients worried about the new health-care bill and what it will cost them.
by David Kelly
What does passage of landmark health legislation mean for the economy and markets?
Deeper spending cuts and new taxes are being proposed by Democrats to help foot the bill for health care.
The U.S. Internal Revenue Service is taking a look
at compensation plans that hold a lot of the big money Wall Street
firms pay out to executives.
by
Ray Fazzi
Some financial advisors are becoming more open to
the idea of branching out into areas that are recession proof, such as
tax preparation.
by Ed Liptak
Pass-through entities such as LLCs are growing in popularity.
by Eric L. Reiner
With greater uncertainty than ever surrounding the estate tax, Washington must act soon.
The common wisdom on stock options is to exercise later, rather than
sooner. Higher tax rates next year, though, make it smarter for some
people who have been holding onto options to act now.
by Bruce W. Fraser
Our writer tells how he learned to greatly appreciate his financial advisor when he faced the classic taxpayer's nightmare: an audit.
It may seem like a win for U.S. taxpayers, but a new Swiss court
ruling in the UBS AG tax evasion case is not likely to help those
who hid money in Swiss bank accounts.
by
Ray Fazzi
People who give to charities providing earthquake relief in Haiti can
claim the donations this year under recently adopted tax provisions,
according to the Internal Revenue Service.
Estimates suggest the burden the tax would place on mutual
fund investors would, while real, be smaller than other controversial
fees investors have paid for years.
The Internal Revenue Service has just offered a chance to fix costly errors related
to deferred compensation plans.
High-income folks will likely take the brunt of pain as the Bush-era tax cuts expire at the end of 2010.
by Mitchell Kauffman
A financial advisor suggests six areas to consider when helping clients decide when to take Social Security benefits.
by Marla Brill
Emerging market ETFs are big winners this year, but concerns about unsustainable values are mounting.
Same-sex couples pay more to the government than their heterosexual counterparts under the federal estate tax.
