Tax experts scramble to understand full implications of the 500-page law which is anything but simple.
The backlog for appealing an adverse decision before an administrative law judge averages 605 days.
Leon LaBrecque, managing partner at LJPR Financial Advisors, offers guidance on Washington's major overhaul.
Advisers say to accelerate deductions, if the client's county allows prepayment and the client can afford it.
The bill slashes the corporate tax rate to 21% from 35% and cuts individual tax rates across the board.
If she suspends her retirement benefits, she can't collect survivor benefits.
Advisers need to understand how tax strategies affect the portfolio, and how assumptions differ from reality.
Clients still have time to set up accounts before year-end, but some contribution deadlines have passed.
Getting even a rough sense of how governments influence share prices is a task fraught with peril.
House Republicans passed the most extensive rewrite of the U.S. tax code in more than 30 years.
The savings from the landmark tax bill depend on where people live, how they earn a living and their family size.
The sweeping overhaul delivers a deep, lasting cut for corporations and temporary benefits for most individuals.
Legislation would eliminate itemized deduction for investment advice fees, give income tax breaks depending how a business is structured, and allow for continued stock-sale flexibility.
The latest version of the Tax Cuts and Jobs Act has many changes from current law that would affect advisers and clients.
5 things to do in 2017, assuming tax-reform legislation becomes law
New rates contain an unpleasant surprise for married couples who make between $600,000 and $1 million.
Brokers set up as partnerships or contractors could use pass-throughs, but employee-channel brokers could not.
Taxpayers will be able to deduct state income taxes or state sales taxes in addition to property levies — up to a $10,000 cap.
The so-called FIFO provision could also lead to yet-unrealized planning opportunities for advisers.
Pass-through provisions are target of groups representing employee-model brokerage firms, as well as retirement plan advisers.
