Results for "tax"

Displaying 1,363 results

Sort: Date | Relevance

Author:

Roth conversions can boost Medicare premiums

May 22, 2018

The Tax Cut and Jobs Act of 2017 created generally lower tax rates for 2018 through 2025, presenting an enticing opportunity to convert traditional retirement savings to Roth accounts at today's lower rates. Under current law, individual income...

Pass-through tax strategies for business-owner clients

May 21, 2018

The pass-through deduction created by the new federal tax law has inspired a raft of planning opportunities for financial advisers looking to minimize business clients' tax bills. The provision provides a 20% tax deduction on qualified business...

Divorce 2019: How to use IRAs and 401(k)s to ease future alimony planning

May 11, 2018

Under The Tax Cuts and Jobs Act, alimony will not be tax-deductible when paid under divorce and separation agreements executed in 2019 and later. And alimony will be tax-free to recipients. This turnaround from the current treatment of alimony,...

All is not lost when it comes to the mortgage interest deduction

May 9, 2018

The recently enacted tax reform package changed the way we think about itemized deductions by placing caps on some items and outright repealing others. The change that's garnered the most attention is the new $10,000 cap on the state and local...

N.J. homeowners get law to skirt Trump's lowered tax deductions

May 7, 2018

New Jersey Gov. Phil Murphy signed legislation last week to let homeowners declare property taxes as charitable donations that are deductible on their annual Internal Revenue Service filings. The measure is a response to the law signed by President...

Tax reform leads to question: To be or not to be a REIT?

April 26, 2018

The sturdy, reliable REIT is facing an existential choice. Should it abandon its tax-free structure to meet pressing capital needs, using the new U.S. tax law as a stepping stone? Or hang on to a status that gives it access to its very own set...

Delivering tax refunds is the least of the IRS' problems

April 17, 2018

For Tax Day this year, House lawmakers are focusing on a familiar target -— the Internal Revenue Service. Pegged to Tuesday's tax-filing deadline, Republican leaders scheduled a floor vote later this week on a bipartisan package to retool...

Post-tax-time IRA checkup

April 16, 2018

The due date for filing 2017 tax returns is almost behind us, other than for those clients filing extensions. Now would be a good time to do a post-tax time IRA check-up and make sure that nothing will be overlooked going forward in 2018. 2017...

Tax reform act still awaiting some important tweaks

April 16, 2018

As the 2017 tax filing season recedes into history, clients and advisers have to start planning for the 2018 tax year — and thanks to Congress, they'll need to use an extra pinch of caution. Tuesday is not only the deadline for filing 2017...

Why their 2018 tax bill could catch clients off guard

March 29, 2018

Most Americans will owe less in taxes as a result of President Donald Trump's overhaul of the U.S. tax code, but in a few jurisdictions, about one in 10 will be paying more, according to an analysis released Wednesday by the Tax Policy Center....

Use tax management with retirement accounts

March 28, 2018

As we approach tax deadline day on April 17, your clients may have a number of questions for you. Some are easy. "Can I deduct the cost of 12 boxes of Girl Scout cookies I bought?" (No.) "Will you back my claim for 14 dependents?" (No). But...

6 ways to leverage tax reform in your marketing strategy

March 26, 2018

After months of deliberation, our government passed the largest tax overhaul in over 30 years: the Tax Cuts and Jobs Act of 2017. Whether you agree with the changes or not, the public will need advice on how to manage their finances under the...

Investment Adviser Association, Schwab press lawmakers for tax-reform adjustments to help advisers

March 22, 2018

Advocates for investment advisers are pushing for changes to last year's sweeping tax-reform legislation that they say will benefit advisers and their clients. The Investment Adviser Association and Charles Schwab & Co. Inc. recently launched...

Higher estate-tax exemption level could mean less work for advisers

March 22, 2018

For most financial advisers, the tax-reform package has at least temporarily taken estate planning off the table by raising the estate exemption to a level that only affects one-tenth of 1% of taxpayers, or about 1,000 taxpayers per year. "This...

Bunching expenses is one way to recover benefits lost under tax reform

March 12, 2018

With all the changes to the rules regarding tax deductions included in the most recent tax reform act, taxpayers and their advisers are looking for ways to recapture some of the tax benefits that were lost. It could be that the best strategy...

Don't know if you qualify for 20% pass-through deduction? You're not alone

March 12, 2018

Congressional Republicans created a juicy new tax break for business owners when they rewrote the U.S. tax code late last year. Three months later, hundreds of thousands of U.S. employers still don't know if they qualify. The Internal Revenue...

Advisers use tax planning as a hook to find more clients

March 9, 2018

Most tax professionals will acknowledge that the eight weeks leading up to April 15 is the most exhausting time of year. But some financial advisers are still willing to jump into the grind of tax season because it represents a near-certain...

Tax law: How to get the pass-through deduction by reducing taxable income

March 7, 2018

The pass-through provision in the new federal tax law has some financial advisers salivating over a potentially substantial tax break. However, the 20% deduction on pass-through business income doesn't apply to all taxpayers equally. Because...

High-income professionals could exploit a tax loophole designed for farmers

March 6, 2018

Highly paid professionals including investment managers, doctors and lawyers are eyeing a loophole in what's supposed to be a mom-and-pop benefit of the new tax law as a way to supersize their savings. The loophole lies in the law's 20% deduction...

US Treasury, IRS seek to close loophole sought out by hedge-fund managers

March 2, 2018

The U.S. Department of Treasury and the Internal Revenue Service issued guidance seeking to close a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on carried-interest profits. The guidance informs taxpayers...

« Previous PageNext Page »

1 | 2 | 3 | 4 | 5 | 6 ... 69

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.