01/10/2020
Results were similar across gender, race and household income. While support among Democrats was stronger, at 77%, a majority of Republicans, 53%, also agreed with the idea.
01/05/2020
The Mariner deals are an example of the “dynamic actions we will start to see from an emerging class of RIA mega-firms [aiming to] expand their services beyond the standard lines of wealth management,” says David DeVoe, managing partner of RIA
01/03/2020
Some of these extensions might open up year-end tax planning opportunities if you can act before December 31.
01/03/2020
The US billionaire says the rich, including himself and his wife, should pay more taxes than they currently do.
01/02/2020
Technique allowed the tech giant to delay paying US taxes on international earnings for years, and pay a lower tax rate overseas
01/02/2020
The remaining agenda covers a wide range of issues affecting both businesses and individuals, including a limit on business interest expense deductions and restrictions on a favorite tax break of hedge fund managers.
12/31/2019
In 2010 congressional Democrats passed then-President Barack Obama’s number one priority—a major overhaul of the U.S. health care system.
12/30/2019
As the Treasury Department prepared to enact the 2017 Republican tax overhaul, corporate lobbyists swarmed — and won big.
12/27/2019
The issue of when states can tax businesses that don’t have a physical presence may head back to the courts in 2020.
12/27/2019
The year-end act also simplifies the excise tax on private foundation net investment income under Code section 4940
12/24/2019
One factor that will reduce audits for some wealthy taxpayers is the increase in the standard deduction and elimination or curtailing of many itemized deductions.
12/22/2019
The Final Regulations are substantially similar to the Proposed Regulations, with several important clarifications and amendments.
12/20/2019
Taxpayers should be aware of these new rules regarding the allocation of foreign taxes
12/19/2019
Before the overhaul, companies were incentivized to keep profits overseas because they owed a 35% tax when bringing it back and could defer payment by keeping funds offshore. The law set a one-time 15.5% tax rate on cash and 8% on non-cash or illiquid ass
12/17/2019
Trusts and wills use “formula” clauses tied to the exemption amount – clauses that can quickly become outdated.
12/16/2019
Tax: a mulled whine?
12/16/2019
The Auditor Change was approved by TDAM's Independent Review Committee
12/05/2019
The agreement bolsters Friedman's technical and organizational resources dedicated to serving high-net-worth individuals, closely held businesses and family office clients.
11/27/2019
At the heart of this shift are thousands of bilateral exchange relationships now in place
11/19/2019
The OECD asserts that the Unified Approach has been developed to “attract support from all members of the Inclusive Framework.” aily-tax-report/insight-23