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Tax deductions even the professionals miss
Here are the six itemized deductions that people tend to miss most, from relocation expenses to summer camps.
Everything you need to know about setting up a private foundation
Prospective donors will want to be ready to give both their money and their time.
Momentum building on tax reform
As senators invite the public to contact them with ideas on tax reform, advisers should speak up
Intra-family loans: Not your ordinary wealth transfer strategy
Loans can be a great idea for parents who want to give their children a boost for buying a home or starting a business and who have the assets — just watch how you structure these deals. Formal agreements known as intra-family loans are seeing a resurgence amid low interest rates these days. The
Want to change tax policy? Two powerful senators want to hear from you
Senate leaders are asking the public to add their ideas for overhauling the code to the bipartisan debate.
Line-by-line: Opportunities lie in your clients' income tax return
Though the individual income tax return is a window into the past, what it reveals can shape savings and investment strategies into the future. Advisers can mine the 1040 for information and savings ideas for clients.
Maxing out a 401(k) doesn't mean you can't keep saving for retirement
Breakfast with Benjamin: Having a maxed-out 401(k) is a good problem to have, but saving for retirement shouldn't end there.
Advisers like Rubio tax plan's simplicity, but shudder at details
Plan would cut almost all tax deductions, but also would eliminate taxes on estates and capital gains, dividends.
Rubio-Lee tax plan eliminates deductions and ties large, small business rates
Possible presidential hopeful seeks to simplify tax code with two rates for income taxes, one for corporate taxes.
Senator questions widespread tax dodges used by wealthy
Calls for curb to 'egregious tax loopholes' that enable varying tax bills for investors with the same underlying assets.
Income from rental properties requires careful tax planning
Second homes can provide good income, but are clients ready for the tax filing and landlord burden?
Lengthy and painful tax season awaits Americans living abroad
Advisers need to be aware of the tax laws in foreign jurisdictions, as well.
House approves bill easing 529 plan rules
Families may get to pay for computers again with these popular college savings accounts.
Morgan Stanley settles mortgage bond probe for $2.6 billion
Breakfast with Benjamin: Plus: Buffet's opaque empire, Obama's regulatory plans and New York's efforts to keep its meat hooks in tax refugees.
Who needs a cash balance plan? Not just New Jersey
A tussle over public pensions has thrust these defined-benefit plans into the spotlight.