Online database makes avoiding complicated tax savings a thing of the past.
Financial advisers doing end-of-the-year planning for clients must begin the work of reconciling the gains of the U.S. economy and financial markets with mutual fund and ETF capital gains that could increase those clients' tax liabilities.
Financial advisers should be urging their higher-income clients to come in for tax planning sessions.
New software takes headaches out of the bucket strategy
Contribution limits climb but not for IRAs
Social Security tools can't account for disability benefits, which opens up a great opportunity for advisers.
Separate rules for claiming benefits apply to divorced spouses, survivors.
Education campaign promotes working with financial advisers to optimize benefits.
To efficiently serve and protect clients that develop dementia, specific steps can be taken
Options can be handy tools for loss harvesting, but be careful you don't run afoul of the IRS
Software can make these labor-intensive strategies a breeze.
Midweek <i>Breakfast with Benjamin:</i> What's making dollar bulls cheer. Plus: Picking winners and losers in the net-neutrality fight, Goldman's coveted promotion cycle, Dems suddenly like the Keystone XL pipeline, and Tim Geithner ruffles the Europeans.
Bipartisan spirit could lead to movement on key initiatives, including small employer 401(k)s; state actions also possible.
New taxes, higher tax brackets call for some fancy footwork by advisers and accountants seeking to mitigate effects of tax law changes.
It'll be nearly 20 years before the trust fund runs out of surplus
Social Security Administration says benefits will rise 1.7% next year, coming to about $20 extra per month, which some argue won't cover health care inflation.
Distributions retain the tax characteristics of what happened in the REIT
With Republicans leading the House and Senate next year, the possibility of some reforms to the Affordable Care Act are possible. The rules around the employer mandate seem to be those most likely to find compromise within the Congress and at the White House.
Despite Republican takeover of Senate, disparate goals of lawmakers may make progress hard to come by.
If IRS Commissioner John Koskinen could set the agenda for the upcoming lame-duck session of Congress, he would make renewal of dozens of expired tax breaks the priority. If Congress doesn't act before the end of November, filing season could be postponed, giving taxpayers a big headache.
