Investors in such instruments are eligible for a 20% tax deduction as a result of the pass-through provision.
Diverse efforts and a tweet from Trump came together for rescue
Limited services available in field offices during funding lapse.
Numerous changes to individual and business tax provisions are likely to create at least short-term demand for advice.
Consultant recommends taking advantage of tax moves that are immediately available for clients.
In contrast to Wells Fargo and JPMorgan Chase, bank makes no mention of gains for staff or charity, but calls out cash to clients exclusively.
World's biggest companies including BlackRock are expected to benefit greatly from changes in U.S. tax plan.
Proposal would eliminate the state income tax on wage earners, to compensate for loss of deductions
Will clients become more interested in paying commissions? Will the new tax law steer more financial advisers toward independent channels? It could.
While advisers face the difficult task of analyzing the law's impact, they will also have a significant opportunity to prove their value by implementing money-saving strategies for clients as well as their own businesses.
Strategists say residents of high tax states may be eager to find ways to reduce what they owe government.
Learn about the basics of the pass-through provision as introduced by the Tax Cuts and Jobs Act last 2017, the entities eligible and the tax implications
GOP promises workers will see increases in their paychecks starting in February.
Berkshire Hathaway CEO predicts a 'bad ending' for cryptocurrencies and says stocks don't look overvalued compared to interest rates
Clients can claim benefits even if earnings exceed annual limit.
Any positive effects are unlikely to last, and will contribute to greater budget deficits over the next 10 years.
Better than expected year-end manufacturing and private payrolls data in U.S. fuel bets that growth and tax breaks will buttress earnings.
Blame smaller-than-expected benefits on higher Medicare premiums.
Law creates a differential in tax rates that may lead business owners to shy away from sponsoring a retirement plan, or water down existing benefits.
The $2 trillion firm sees recession risks rising and tax-cuts boost as short-lived.
