New tax laws mean new and perhaps unexpected liabilities for clients – and even some advisers
Difference between claiming strategies could be as much as $250,000 for a married couple.
The first rule: If possible, don't file before 66. Second rule: If you can, file and suspend.
But declaring 'independence' comes with hefty taxes – which trusts can help curb.
Earnings above a certain threshold, charitable donations or business deductions may all be red flags that a client is a prime candidate for a tax audit. Here's a rundown of what advisers need to know to keep their clients away from the tax man.
With new IRS rules on rollovers coming soon, some tips on how to help clients avoid the tax man.
One-day training session promises to give you a leg up on the competition.
A new policy simulation tool lets users design their own package of reforms to fully fund Social Security. If individual users can make these tough decisions, why can't elected officials?
SEC would get funding boost; limits placed on retirement-savings tax breaks for wealthy.
Dave Camp, the Republican House Ways and Means Committee chairman, is filling in the blanks in his plan to revamp the U.S. tax code and leaning on the financial industry to help pay for lower tax rates.
President Obama's plan takes aim at strategies used by upper-income claimants to increase their benefits.
A new tool can help resolve an age-old debate
<i>Breakfast with Benjamin:</i> A man called "Mr. ETF," plus the skinny on Dave Camp's tax plan, Edward Jones settles cold calling case, a Wall St. cop moves on and a new take on "insider" trading.
Warning: Don't overlook the implication of state income taxes, ordinary income or capital gains.
Thousands of Credit Suisse Group AG's U.S. clients still don't know whether tax authorities will learn their identities as prosecutors work to conclude a three-year probe of how the bank helped them evade taxes.
<i>Breakfast with Benjamin:</i> Trouble in bitcoin land (but there's a silver lining) while one couple strikes gold with other coins. Plus: Tesla shines, Credit Suisse does not and looking for Macy's shoppers.
The latest benefits optimizing software is free.
Don't get greedy when trying to maximize Social Security benefits for your clients. Beneficiaries are entitled to only one claim per person. <i>InvestmentNews</i> contributing editor Mary Beth Franklin has the details.
Payments to spouse and children may be reduced.
Changes including raising full retirement age, making more income subject to payroll tax gain support.
