Managers of private investment partnerships usually get paid both a base management fee and a performance fee. Many times, the performance fee isn't paid in cash, but is instead paid to the manager as an allocation of profits.
Most taxable investors who wish to continue to hold shares of Weyerhaeuser Co. Ticker:(WY) should probably sell today and buy it back again tomorrow after the stock has gone ex-dividend.
My recent column on the taxation of listed options on SPDR Gold Shares GLD seems to have struck a nerve.
Under current law, the Medicare payroll tax applies only to wages.
Buried in the jobs creation law signed by President Barack Obama last month were a number of tax and reporting provisions that have nothing to do with employment opportunities.
There is good news and bad news having no estate tax this year.
There are few places in the tax law where one can “undo” an earlier taxable act.
Most money managers who strive to be tax-efficient harvest losses year-round.
In his book “Integrated Wealth Management: The New Direction for Portfolio Manager” (Euromoney Institutional Investor, 2006), Jean Brunel educates us as to the benefits of asset “location” — not to be confused with asset allocation.
High-income earners are in the government's cross hairs — at both the federal and state levels — and there is little sympathy for those so targeted.
