Tax

Displaying 2748 results
IRS takes on cryptocurrencies
RETIREMENT FINTECH AUG 01, 2019
IRS takes on cryptocurrencies

Government struggles to enforce tax laws on digital currency as Bitcoin breaks $10,000 mark.

IRS is tracking down 10,000 cryptocurrency owners who may have failed to pay taxes
RETIREMENT FINTECH JUL 26, 2019
IRS is tracking down 10,000 cryptocurrency owners who may have failed to pay taxes

The agency is sending letters to warn taxpayers they may be subject to penalties for skirting taxes.

Schwab Charitable pegs 33% rise in grants to market strength, tax changes
RETIREMENT TAX JUL 23, 2019
Schwab Charitable pegs 33% rise in grants to market strength, tax changes

Group says 66% of contributions to donor-advised funds in fiscal 2019 were non-cash assets.

Social Security has special rules for divorce
RETIREMENT RETIREMENT PLANNING JUL 23, 2019
Social Security has special rules for divorce

Ex-spouses have more claiming options than married couples.

Elizabeth Warren declares war on private equity 'vampires'
RETIREMENT ALTERNATIVES JUL 18, 2019
Elizabeth Warren declares war on private equity 'vampires'

The presidential candidate proposes restricting PE firms' ability to pay themselves 'monitoring fees' and dividends, while limiting their ability to use tax breaks for the debt placed on companies they buy

Battle against SALT deduction reignited by lawsuit
RETIREMENT REGULATION AND LEGISLATION JUL 17, 2019
Battle against SALT deduction reignited by lawsuit

New York, New Jersey and Connecticut sue Trump administration once again over 2017 tax law's most contentious provision.

Women in two-income households face greatest retirement risk
RETIREMENT RETIREMENT PLANNING JUL 16, 2019
Women in two-income households face greatest retirement risk

Lifestyle creep, under-saving and lower Social Security benefits to blame.

Adviser compensation is the challenge with fee-based annuities
RETIREMENT RIAS JUL 15, 2019
Adviser compensation is the challenge with fee-based annuities

Advisers who pull their fee from nonqualified annuities could cause a taxable event for their clients.

Democrats warn Trump not to index capital gains to inflation for tax purposes
RETIREMENT REGULATION AND LEGISLATION JUL 15, 2019
Democrats warn Trump not to index capital gains to inflation for tax purposes

Senators assert congressional authority to change policy

3 aspects of retirement affected by divorce
RETIREMENT RETIREMENT PLANNING JUL 15, 2019
3 aspects of retirement affected by divorce

Rising rate of gray divorce in the U.S. requires financial advisers to understand different planning strategies

Educate clients on the reality of Social Security benefits
RETIREMENT RETIREMENT PLANNING JUL 06, 2019
Educate clients on the reality of Social Security benefits

Lower Social Security income is not just a possibility.

The perils of do-it-yourself IRA transactions
RETIREMENT RETIREMENT PLANNING JUL 02, 2019
The perils of do-it-yourself IRA transactions

A $20,000 Roth conversion turns into a $2 million tax disaster, demonstrating why clients need advisers for critical IRA moves.

Retirees lose $3.4 trillion by claiming Social Security too early
RETIREMENT RETIREMENT PLANNING JUN 28, 2019
Retirees lose $3.4 trillion by claiming Social Security too early

Study finds suboptimal timing costs $111,000 per household.

White House considers capital gains tax break that would benefit wealthy
RETIREMENT REGULATION AND LEGISLATION JUN 27, 2019
White House considers capital gains tax break that would benefit wealthy

The administration is working on a plan to index capital gains to inflation, and it might do so in a way that bypasses Congress.

3 things to consider when advising blended families
RETIREMENT PRACTICE MANAGEMENT JUN 26, 2019
3 things to consider when advising blended families

Not addressing important financial issues before deciding to combine two households can lead to a disaster.

Wall Street lashes out at Bernie Sanders' plan to pay off student debt with a securities trading tax
RETIREMENT TAX JUN 24, 2019
Wall Street lashes out at Bernie Sanders' plan to pay off student debt with a securities trading tax

Financial pros argue that a transaction levy will hurt mom and pop investors along with investment houses.

Repeal of SALT cap would be $40 billion windfall for millionaires, according to new data
RETIREMENT REGULATION AND LEGISLATION JUN 24, 2019
Repeal of SALT cap would be $40 billion windfall for millionaires, according to new data

Officials in high-tax states say Democratic-led states have been targeted to pay for the cuts.

Charitable donations fall as result of Republican tax law changes
RETIREMENT TAX JUN 21, 2019
Charitable donations fall as result of Republican tax law changes

Giving by corporations, foundations, as well as individuals, fell an estimated 1.7%.

Financial planning for same-sex couples has changed immensely since 2015 Supreme Court marriage ruling
RETIREMENT RIAS JUN 21, 2019
Financial planning for same-sex couples has changed immensely since 2015 Supreme Court marriage ruling

The Supreme Court upheld same-sex marriage. What does this mean for married and unmarried gay couples now?

Tax considerations when gifting stock
RETIREMENT MUTUAL FUNDS JUN 19, 2019
Tax considerations when gifting stock

Before gifting stocks to friends and family, investors and advisors should consider the tax implications.