by Eric L. Reiner
The 2010 Tax Relief Act offers opportunities for clients and prolonged uncertainty for advisors.
The new IRS Offshore Voluntary Disclosure Initiative gives taxpayers another chance to fess up about their foreign bank accounts.
by Dan Moisand
Many retirees count on such investments to support them, but the truth is the income from them can vary, sometimes dramatically.
by Deborah L. Jacobs
Advisors will profit if wealthy give to family now. But will clients suffer donors' remorse?
President Barack Obama proposed a budget that calls on Congress to
raise the taxes of the highest U.S. earners, multinational corporations
and oil and gas companies.
by
Dorothy Hinchcliff
A new rating system to help financial advisors understand and compare
exchange-traded funds was unveiled this week at the 4th Annual Inside
ETFs Conference.
A former Julius Baer Group Ltd. employee's effort to
discredit the 121-year-old bank by handing stolen client data to
WikiLeaks has put Swiss banking secrecy back in the spotlight.
A change in tax rules designed to keep executives from siphoning cash
out of companies is hitting Hollywood where it hurts: in the fat
advances star actors like to claim.
Financial advisors should beware of a looming hangover from last year's boom in Roth IRA conversions.
Is the municipal bond market in the same state of denial as the equity
and mortgage-backed securities markets were in late 2007? Jeffrey
Gundlach, the founder of Doubleline who put together a...
U.S. Taxpayers who took IRA distributions won't be able to return them to give directly to a charity, the IRS said.
by Dan Moisand
In retirement, a dollar in an IRA is worth less than a dollar in a taxable account, but financial advisors can position clients so they keep the most from withdrawals.
by
Ray Fazzi
The Internal Revenue Service, reversing an earlier position, proposed
rules making it more likely informants will collect a reward when they
blow the whistle on tax-dodgers.
The Obama administration says U.S. banks should disclose to the IRS
bank accounts owned by foreigners, resurrecting a Clinton-era proposal
that was opposed by banking groups and Republicans.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he
expects more U.S. municipalities to declare bankruptcy and urged caution
when investing in the $2.9 trillion public-debt market.
Estate tax exemption portability was a surprise perk in the recently adopted Obama-Republican tax compromise.
Taxpayers who claim deductions for home-mortgage interest, gifts to
charity and state and local taxes will have to wait to file their returns.
A senior advisor to President Barack Obama said the administration
will work over the next two years to end tax cuts for the wealthiest
Americans that were included in recent tax legislation.
Investors who forget what they paid for shares of stock will get help
starting next year, courtesy of the IRS.
hree former UBS AG executives who pleaded guilty or were sentenced in
U.S...
