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New, easy and free technology to figure out capital gains distributions
Online database makes avoiding complicated tax savings a thing of the past.
IRS losing the battle over mega-IRAs as company founders fill retirement accounts with nonpublic stock
Corporate and private equity executives can accumulate millions of dollars in tax-favored retirement accounts, taking advantage of gaps in the law and IRS enforcement, according to a Government Accountability Office study.The Internal Revenue Service has trouble fighting back, because legal
Mixing tax time and the holidays
Financial advisers should be urging their higher-income clients to come in for tax planning sessions.
Working around the wash-sale rule
Options can be handy tools for loss harvesting, but be careful you don't run afoul of the IRS
Strong dollar makes a strong case for currency-hedged ETFs
Midweek Breakfast with Benjamin: 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.
GOP Senate win gives it the clout to change Obamacare
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.
How charitable giving can offset bull market gains
Charitable giving is on the rise this year as advisers and clients contend with the challenge of offsetting investments that have been climbing in value.As the year winds down, advisers and tax experts gear up for a conversation with their clients on their charitable giving plans. It's a win-win:
Corporate tax reform would leave advisers, brokers behind
Despite Republican takeover of Senate, disparate goals of lawmakers may make progress hard to come by.
Republicans expected to tackle retirement issues in 2015
Bipartisan spirit could lead to movement on key initiatives, including small employer 401(k)s; state actions also possible.
Ring out the old year with a bowlful of tax strategies
With fewer than eight weeks left in the year, it's now time to gear up for year-end tax planning. This year was a painful one for many high-net-worth taxpayers as they contended with higher levies on their 2013 returns from the American Taxpayer Relief Act of 2012. “When ATRA was enacted on the
Five tax moves made easier with technology
Five tax moves made easier with technology By Sheryl Rowling Year-end is approaching. If you act before Dec. 31, you just might be able to cut down on your clients' 2014 tax bills. While many of these strategies can be very labor intensive, technology can come to the rescue. 1. Harvest tax losses
Tax chief tells Congress to renew tax extenders soon or risk filing-season delay
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.
Get out your calculators: Social Security tax rules are a mind-bender
About one-third of Social Security recipients — and probably the majority of financial advisers’ clients — pay federal income taxes on a portion of their benefits. The taxes usually hit when the recipients have other substantial income such as wages, self-employment, interest, dividends and other
Robos using tax alpha to distinguish themselves
Betterment offers new feature to highlight tax impact before trades conducted.
4 ways automation technology is changing the way RIAs invest
Betterment founder and CEO Jon Stein says automation helps investors achieve better outcomes by taking irrational emotions out of the picture, improving returns and saving time.