Under current law, the Medicare payroll tax applies only to wages.
The months and weeks leading up to the end of the year could see more than the usual turmoil in the stock market as investors, guided by their financial planners and investment advisers, adjust their portfolios ahead of
Uncle Sam — specifically the Internal Revenue Service — wants your clients' money.
Higher federal taxes, coupled with a rising stock market, threaten to hit U.S. fund shareholders particularly hard.
Alternative minimum tax your friend? Maybe -- at least when it comes to locking in lower tax rates when converting to a Roth individual retirement account
Randy Abeles from RSM McGladrey takes all of advisers' tax questions this week.
Switzerland cannot hand over files on 26 suspected tax cheats to U.S. authorities because their failure to properly declare assets doesn't constitute fraud under Swiss law, a top court has ruled.
Of those taxpayers who are getting money back, 30% said they intend to pay down debt, 28% say they will save or invest, and 26% anticipate spending their refund on food or utility bills.
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.
The bank urges the Swiss parliament to sign a tax treaty with the U.S. -- or risk winding up on Uncle Sam's blacklist
Investor concern over the cost of health care reform is likely to manifest itself in a flood of questions to financial advisers about how best to protect assets from an expected hike in taxes.
President Barack Obama signed a major health care overhaul bill Today. Here are some of its features, along with details on a package of changes to the legislation under consideration by the Senate this week.
With the passage of the health care bill, investors will see the tax rate on long-term capital gains jump to 23.8%, raising questions for investors looking to protect their assets
Need help with your taxes? Good luck reaching someone on the phone at the Internal Revenue Service.
The debate over whether to take capital gains this year heated up yesterday when the House passed health care reform legislation.
President Barack Obama's health plan proposal would extend Medicare taxes to the investment income of higher-earning households.
For advisers and their clients, making a fully informed, balanced decision not to convert to a Roth IRA is — unequivocally — a legitimate choice.
The American Council of Life Insurers today blasted a newly floated tax proposal on unearned income — part of a series of suggested changes to the Patient Protection and Affordable Care Act of 2009.
Financial advisers this tax season are coping with what they say is an unprecedented level of client anxiety over recent tax code changes and the potential for higher taxes.
