The point of the kiddie tax is to avoid parents transferring income to their children and reducing their total tax cost.
New report says staff errors resulted in lower payments to widows and widowers.
They do not believe the cuts will do much to help economy next year.
Several strategies can cover the gap to help clients claim a bigger benefit later
Incorporating health-care costs into retirement plans can boost an adviser's value.
New "deeming" rules can trip up claiming strategies.
Income-tax increase on wealthy to pay for middle-class cuts won't encourage growth, says Marc Short, Trump's director of legislative affairs.
Beyond debating its solvency, advisers embrace the reality of a broken system.
Lawmaker says higher top income-tax rate may be acceptable, if coupled with other changes benefiting corporations.
Offering a comprehensive tax-postponement strategy can be extremely beneficial to clients.
Majority of advisers do not create written plans for clients, forgoing business growth opportunities.
Retirement expert Alicia Munnell talks about the options for mending the 82-year-old safety net.
No matter what tax reform Congress enacts, funds will still feel a bite
Government report reveals grim outlook for Social Security compounded by trends in income inequality and health care.
Depletion of Disability (DI) trust fund pushed back five years due to a temporary increase of its share of the payroll tax.
About 40% of the tax cut would go to the top 1% of earners, who'd see an average after-tax gain of 17.8%, new study says.
Concern about 'Rothification' as part of larger tax reform spurs lobbying.
Though the House version would repeal the 3.8 percent tax on net investment income and 0.9 percent Medicare surtax, the Senate is trying to win over moderate holdouts.
Several obstacles await lawmakers, including an ongoing health-care fight and deadlines to keep the government running, let alone divisions among Republicans on the basic parameters of a tax bill.
Eligibility rules are more lenient for the survivors of young workers because of their brief careers.
