Managers of Wealth Americas

Private client considerations: Expanded tax deductions for your interest expense payments with the CARES Act

The benefit of this change is that taxpayers may be able to deduct more interest expense in 2019 and 2020

COVID-19 remote work arrangements may have state tax implications for employers

Employers are generally required to withhold employment taxes for their employees in jurisdictions where they are doing business.

World Tax Advisor, featuring special COVID-19 section

These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals.

US federal and state income tax compliance adjustments in the wake of the coronavirus pandemic

The amnesty, as drafted, does not apply to any other taxes, so gift, estate, and excise tax deadlines remain unchanged.

World Tax Advisor, featuring special COVID-19 section

These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals.

24 Tax Scams to Watch Out For

The scams can be simple or extremely elaborate.

IRS Delays Tax Filing Deadline to July 15

Treasury Secretary Steven Mnuchin announced that taxpayers will get a three-month reprieve to file their 2019 federal income tax returns as part of the federal government’s coronavirus response.

Taxes May Be a Bigger Deal Than Alpha, This Fund Manager Says

Few people think to look at the impact of capital gains on their mutual funds

IRS Gives Big Tax Reporting Break To Foreign Trusts

It seems particularly aggravating that many legitimate foreign pension and retirement plans and trusts are caught within the same rules, even perfectly legitimate programs you may have participated in while you were working overseas.

IRS Gives Big Tax Reporting Break To Foreign Trusts

But the penalties can be much worse if you acted in ways that look willful to the IRS.

Four tricks the wealthy use to reduce taxes that ordinary Canadians can try, too

You don’t have to be in the 1% to incorporate these tried and true tax strategies into your own planning

Walgreens CEO Favors Trio of Tax Havens for $10 Billion Fortune

The disclosures illustrate the lengths many of the world’s richest people go to manage and protect their wealth.

Potential Problems For Clients Fleeing High-Tax States

Wealthy taxpayers in high-tax states are considering moves to Arizona, Florida, Texas, Nevada or Tennessee, among others.

Change in US tax treatment of alimony and its impact on divorce negotiation

The modification must expressly state that the TCJA’s amendments apply to the modified agreement.

IRS steps up war on captive insurance tax dodges

The IRS teams comprise employees from its large business, international and small business and self-employed divisions.

Despite US-French truce on DSTs, prospects for broader OECD tax pact remain uncertain

The result at the end of the week appeared to be a ratcheting down of tensions between the US and France

Despite US-French truce on DSTs, prospects for broader OECD tax pact remain uncertain

France implemented its tax last fall, retroactive to January 1, 2019

Ultra-wealthy worried about taxes as election nears

Survey Explores Trends and Challenges Facing Estate Planning Industry Including the Rise of the Single-Family Office

Tax implications of the new civil partnership status - Withers

Careful consideration should therefore also be given to whether it is advisable to enter into a pre- or post-civil partnership nuptial agreement before entering into a civil partnership

Outlook for Canada's venture capital market remains robust: KPMG in Canada

Canadian VC investment totalled US$1.17 billion in the fourth quarter