Like baseball fans whose team came up short, those hoping for an overhaul of the tax code by the congressional deficit-cutting supercommittee likely will have to wait until next year
Republican lawmakers coming over to the idea that Uncle Sam must raise more revenue to make real impact on deficit; Grover Norquist not thrilled
U.S. Senate Democrats are proposing to use a 3.25 percent surtax on income over $1 million to pay for extending and expanding a payroll tax cut, setting up a test vote as early as this week.
The percentage of Americans who changed residences reached its lowest point last year in more than six decades, according to the Census Bureau
The Occupy Wall Street protest movement, which has filled streets and parks in New York, Los Angeles, Hong Kong and other cities for weeks, may soon show up in the halls of power, too
New York is where the 1% live, and they have the tax returns to prove it.
The detailed tax plans from Republican presidential candidates would provide tax cuts for the highest earners, with those from Rick Perry and Jon Huntsman offering the biggest benefits
Supercommittee notion of doing away with exemption not so super; going down the Whitney path
New York City mayor tells Washington to let Bush tax cuts expire for good of the country
Transaction tax would take 0.03% bite out of stock, bond trades
With thousands of aging financial advisers hoping to sell their practices over the next decade, a big consideration is how much tax the owners will have to pay if and when they sell their businesses.
A core principle of managing portfolios for tax efficiency is disciplined loss harvesting
The Internal Revenue Service last month clarified that executors of estates who wish to take advantage of a new provision allowing a spouse to pass unused estate tax exclusions to a surviving spouse must file an estate tax return within nine months of the death of the husband or wife
As baby boomers retire in droves, financial advisers need to do a little studying up on Social Security before they start integrating the payouts into clients' financial planning
Two states, New Jersey and Maryland, levy both estate and inheritance taxes
The IRS is giving broker-dealers a chance to come clean on classifying independent contractors, but firms that fess up will take on the increased cost of following the letter of the law.
Here are some examples of ways that financial advisers can help clients to reduce their tax burden.
Republicans OK with axing tax deductions for the rich, but marginal tax rates still a bone of contention
Fifty-five million Social Security beneficiaries will receive a 3.6% cost-of-living adjustment next year, the U.S. government said last week
A bipartisan, bicameral 12-member panel, the supercommittee may be the best chance for any kind of substantial tax changes before next year's election
