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Hillary Clinton's capital gains tax plan pushes rates up for highest earners
Compared with today's two-tier system — a 43.4% top rate for assets held less than a year and 23.8% beyond that — the proposal by the Democratic presidential front-runner would create a six-rate structure for capital gains for high-income households.
MLPs yield headaches for advisers who bought them for income
Top analysts in the sector see a bear market as investors pumped $10.5 billion into energy funds over the last year.
Package of tax breaks gains traction in Senate
It is one of a package of tax breaks which expired at the end of the year that the Senate Finance Committee has voted to extend.
Portability is an area where investors need advice
With final rules out just last month, portability is an area of tax planning in which wealthy clients need help from financial advisers.“Portability is a game-changer that has not fully seen the impact on planning,” said Dennis Belcher, a partner at McGuireWoods, at the AICPA Estate Planning
The tax risks of clients' overfunding their 529 savings plans
Make sure clients set aside the right amount to optimize savings and avoid unnecessary taxes and penalties.
Cost of settling estates rising as states hunt for more revenue
Connecticut tops the nation in probate fees — latest example of removing caps to fund courts.
You know investors are getting nervous when oil becomes a safe-haven play
Breakfast with Benjamin: Oil stocks are starting to attract investors seeking safety, and that should be cause for concern.
Hillary Clinton calls for capital gains tax to reward 'longer-term investments'
Presidential candidate seeks to reward longer-term investments, rein in "excessive risks” in the industry, and go after individuals in enforcement cases.
The tax, estate and retirement planning ramifications of the Supreme Court's ruling on same-sex marriage
Ruling affords advisers an opportunity to review and update clients' financial and tax plans
Obamacare stands, solidifying health care planning
Supreme Court rules that U.S. tax subsidies are legal for all health insurance exchanges, allowing for more long-term financial planning.
Lawmakers consider lower tax rate for intellectual property housed in the U.S.
The idea — known as a patent box or innovation box — would help companies trying to maintain low tax rates they've achieved by booking income in overseas tax havens.
Supreme Court rulings imminent in cases with financial planning implications
High court is set to announce opinions in two cases — one on same-sex marriage and another on health care — that will impact the advice financial planners deliver to clients.
An adviser's touch can improve tax aware investing
Robo-advisers can miss key details when planning for high-net-worth investors.
Wealthy want more than a tax break from charitable donations
Wealthy Americans think more strategically about their charitable gifting than one might expect. About three-quarters of donors in a new survey said driving forces included an interest in lowering capital gains taxes or being able to give more to charities by using donor advised funds.
The real reason the Federal Reserve isn't raising interest rates
Breakfast with Benjamin: The real reason the Fed is sitting on its hands boils down to a lousy employment market.