Watch breaking news videos and read news updates about Tax on investmentnews.com
Taking a closer look at tax reform
House Ways and Means Committee Chairman Dave Camp, R-Mich., has proposed sweeping changes to the Internal Revenue Code.
Nitty-gritty of claiming tax credits
Clients who are paying for college may be eligible to claim the American Opportun----ity Tax Credit, worth up to $2,500 per child, and with the credit's phaseout now at $180,000 of modified adjusted gross income, more parents are eligible.
Credit Suisse's U.S. clients in limbo as prosecutors inch ahead
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.
More Americans renouncing citizenship
But declaring 'independence' comes with hefty taxes – which trusts can help curb.
Obama's budget: What advisers need to know
SEC would get funding boost; limits placed on retirement-savings tax breaks for wealthy.
How to pick apart charitable trusts
The benefits of charitable trusts vary — particularly when it comes to interest rate environments.
Ex-UBS banker pleads guilty in 17-year U.S. tax scheme
Martin Lack admitted that for 17 years he helped U.S. clients maintain secret overseas accounts.
An ETF 'missionary,' Dave Camp's tax plan
Breakfast with Benjamin: 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.
Advisers embrace tax simplification, wince at surcharge on wealthy
Investment advisers embraced an effort by the leader of a congressional tax-writing committee to simplify the tax code but winced at the higher taxes on the wealthy that would be required to pay for the changes.
Republican tax plan would hit Wall Street hard
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.
Bitcoin trouble, another coin bonanza and Tesla shines
Breakfast with Benjamin: 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.
States taking their own capital gains bites, from big to small
Warning: Don't overlook the implication of state income taxes, ordinary income or capital gains.
When buying puts to protect profits
Some clients are asking about buying puts to protect the profits that they have earned. Of course, there are possible tax surprises when using puts to hedge, and none of them are pleasant.
Hard work undone by election year politics
The departure of Sen. Max Baucus as Senate Finance Committee chairman has set back efforts to achieve comprehensive tax reform.
Warning signs your client is at risk of an audit
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.
Explore your opportunities and be informed for your next move.
February 27, 2014