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Taxes

Displaying 230 results

Topic

Pass-throughs versus C corporations under the new tax law

C corps may become a bit more popular under the new regime given the big reduction in their tax rate, but pass-throughs still seem to have the upper hand, advisers say

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Why changes to the kiddie tax are a ‘big deal’

The law uses the tax rates applying to trusts and estates, rather than parents' income, to determine the tax on children's investment income.

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  • News
  • March 29, 2018

Why your April 2019 tax bill could catch you off guard

10.2% of New Jersey residents will pay more taxes after tax reform, as will 9.4% of Maryland residents.

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  • News
  • March 6, 2018

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

Organizing themselves as cooperatives could allow them to qualify for the pass-through deduction

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Tax bill may change your clients’ health-care costs

Pay attention to new rules for the "individual mandate" requirement and the medical expense deduction floor.

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Five obstacles to true tax optimization

Advisers need to understand how tax strategies affect the portfolio, and how assumptions differ from reality.

Topic
  • News
  • December 19, 2017

House passes GOP tax bill

The sweeping overhaul delivers a deep, lasting cut for corporations and temporary benefits for most individuals.

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  • News
  • December 18, 2017

How your clients can exploit the new tax bill right now

5 things to do in 2017, assuming tax-reform legislation becomes law

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  • News
  • December 15, 2017

Income-tax brackets in combined GOP bill

New rates contain an unpleasant surprise for married couples who make between $600,000 and $1 million.

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  • News
  • December 1, 2017

Senate tax bill is a hike on retail investors

The FIFO mandate favors investment companies, not real people, and should be removed.

Topic
  • News
  • November 2, 2017

Tax bill has huge changes for firms, individuals

The House legislation includes "no changes" to popular 401(k) retirement plans, but includes a measure to cut the corporate tax rate to 20%.

Topic
  • News
  • October 27, 2017

Tax plan secrecy evokes frenzy of concern from lobbyists and lawmakers

President Trump has promised the middle class will be the biggest beneficiaries of the tax overhaul plan, to be released Nov. 1.

Topic
  • News
  • October 12, 2017

GOP tax battle looms over wealthy Americans

Debate rages over whether or not to repeal the estate tax and AMT, plus whether cuts should be temporary or permanent

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  • News
  • September 22, 2017

Realtors and teachers join coalition’s fight to preserve a federal tax deduction

Americans Against Double Taxation is the latest organization to mobilize in fierce battle to preserve loopholes, deductions and other benefits.

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  • News
  • September 15, 2017

American workers vs. investors: Who pays more taxes?

Politicians have intentionally set tax rates on wages much higher than those on long-term investment returns.

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  • News
  • July 27, 2017

Bannon plan to raise taxes on highest earners may find GOP support

Lawmaker says higher top income-tax rate may be acceptable, if coupled with other changes benefiting corporations.

Topic

Changing state residency: Tax planning headaches and opportunities

Residency rules can be very complicated, and states can be aggressive in taxing former residents.

Topic
  • News
  • April 20, 2017

The future of tax preparation? Getting your taxes done without answering a single question

A TurboTax executive discusses why Americans procrastinated this tax season and the future of tax preparation.

Topic
  • News
  • September 6, 2016

Tax change may mean more money for small business owners

Small businesses stand to attract even more investors with tax-free gains upon the sale of qualified stock.

Topic
  • News
  • September 1, 2016

Trump corporate tax plan could be a boon for advisory firms

For some advisers who structure their practices so that revenue is reported on their personal income tax returns, Mr. Trump's idea represents a significant tax break.