Taxes http://wealthmanagement.com/taxonomy/term/23651/more en How Bad is Your Tax Day Hangover? http://wealthmanagement.com/viewpoints/how-bad-your-tax-day-hangover <div class="field-byline"> Eaton Vance Municipal Insight Committee </div> <div class="field-deck"> The combined effect of several tax increases has increased the tax burden on many investors </div> <div class="node-body article-body">VIEWPOINTS: Tax Day makes this harsh new reality of higher taxes inescapable. It may also highlight the increased value of muni bonds’ tax exemption.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/viewpoints/how-bad-your-tax-day-hangover" target="_blank">read more</a></p> http://wealthmanagement.com/viewpoints/how-bad-your-tax-day-hangover#comments Taxes Viewpoints Wed, 23 Apr 2014 12:00:00 +0000 541871 at http://wealthmanagement.com Tax Law Update: May 2014 http://wealthmanagement.com/taxes/tax-law-update-may-2014 <div class="node-body article-body">David A. Handler and Alison E. Lothes highlight the most important tax law developments of the past month</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/taxes/tax-law-update-may-2014" target="_blank">read more</a></p> http://wealthmanagement.com/taxes/tax-law-update-may-2014#comments Legal Taxes Public Mon, 21 Apr 2014 16:24:00 +0000 541101 at http://wealthmanagement.com No U.S. IRS Audits for Most Big Financial Partnerships http://wealthmanagement.com/industry/no-us-irs-audits-most-big-financial-partnerships <div class="field-byline"> Reuters </div> <div class="node-body article-body">Fewer than 1 percent of partnerships with more than $100 million in assets, including hedge funds and private equity firms, are audited by the U.S. Internal Revenue Service, a government report said on Thursday.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/industry/no-us-irs-audits-most-big-financial-partnerships" target="_blank">read more</a></p> http://wealthmanagement.com/industry/no-us-irs-audits-most-big-financial-partnerships#comments Industry Taxes Thu, 17 Apr 2014 22:26:00 +0000 539541 at http://wealthmanagement.com RMDs: Take Out or Pay Up http://wealthmanagement.com/retirement-planning/rmds-take-out-or-pay <div class="field-deck"> Required minimum distributions can mean more income, more taxes, and more problems if not handled correctly </div> <div class="node-body article-body">If retirement account owners don’t take out at least the minimum amount, they could get hit with a penalty for as much as 50 percent of the required amount.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/retirement-planning/rmds-take-out-or-pay" target="_blank">read more</a></p> http://wealthmanagement.com/retirement-planning/rmds-take-out-or-pay#comments Asset Protection Strategies Taxes Retirement Planning Public Wed, 16 Apr 2014 20:33:00 +0000 538261 at http://wealthmanagement.com New York State Significantly Changes its Estate and Gift Tax Regimes http://wealthmanagement.com/estate-planning/new-york-state-significantly-changes-its-estate-and-gift-tax-regimes <div class="field-deck"> It may be necessary to re-evaluate current plans </div> <div class="node-body article-body">On March 31, 2014, Governor Andrew Cuomo signed legislation that makes broad changes to the New York State estate and gift tax laws, as well as some more technical changes to certain trust income tax rules. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/estate-planning/new-york-state-significantly-changes-its-estate-and-gift-tax-regimes" target="_blank">read more</a></p> http://wealthmanagement.com/estate-planning/new-york-state-significantly-changes-its-estate-and-gift-tax-regimes#comments Taxes Estate Planning Public Tue, 08 Apr 2014 15:46:00 +0000 532011 at http://wealthmanagement.com Five of the Craziest Tax Deductions http://wealthmanagement.com/taxes/five-craziest-tax-deductions <div class="field-byline"> Meisa Bonelli </div> <div class="node-body gallery-body">With just two weeks until the federal filing deadline, here are five tax deductions that are stranger than fiction that may just inspire some last-minute tax breaks for clients. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/taxes/five-craziest-tax-deductions" target="_blank">read more</a></p> http://wealthmanagement.com/taxes/five-craziest-tax-deductions#comments Taxes Tue, 01 Apr 2014 19:00:00 +0000 526711 at http://wealthmanagement.com The Common Ground in Tax Reform http://wealthmanagement.com/high-net-worth/common-ground-tax-reform <div class="field-deck"> Raising revenue from high income taxpayers </div> <div class="node-body article-body">In the midst of the tax season, the House Ways and Means Committee and the Obama Administration have provided us with their respective views on taxes and tax reform in 2014 and beyond. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/high-net-worth/common-ground-tax-reform" target="_blank">read more</a></p> http://wealthmanagement.com/high-net-worth/common-ground-tax-reform#comments Taxes High Net Worth Public Mon, 31 Mar 2014 20:02:00 +0000 526641 at http://wealthmanagement.com Taxable Swag: If You Got Free Goodies, the IRS Wants to Know http://wealthmanagement.com/taxes/taxable-swag-if-you-got-free-goodies-irs-wants-know <div class="field-byline"> Reuters </div> <div class="node-body article-body">You might be able to score a free lunch these days, but get anything beyond that and the Internal Revenue Service may come after you for taxes.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/taxes/taxable-swag-if-you-got-free-goodies-irs-wants-know" target="_blank">read more</a></p> http://wealthmanagement.com/taxes/taxable-swag-if-you-got-free-goodies-irs-wants-know#comments Taxes Mon, 31 Mar 2014 15:44:00 +0000 524781 at http://wealthmanagement.com Tax Law Update: April 2014 http://wealthmanagement.com/taxes/tax-law-update-april-2014 <div class="node-body article-body">David A. Handler and Alison E. Lothes highlight the most important tax law developments of the past month</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/taxes/tax-law-update-april-2014" target="_blank">read more</a></p> http://wealthmanagement.com/taxes/tax-law-update-april-2014#comments Taxes Premium T&E Fri, 28 Mar 2014 15:36:00 +0000 525031 at http://wealthmanagement.com Turn of the Screw http://wealthmanagement.com/retirement-planning/turn-screw <div class="field-deck"> In Announcement 2014-15, the IRS said that it will follow the Tax Court’s holding in Bobrow v. Commissioner, strictly applying the one-IRA-rollover-per-12-months rule to all of a taxpayer’s IRAs </div> <div class="node-body article-body">In Announcement 2014-15, the IRS said that it will follow the Tax Court’s holding in Bobrow v. Commissioner, strictly applying the one-IRA-rollover-per-12-months rule to all of a taxpayer’s IRAs</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/retirement-planning/turn-screw" target="_blank">read more</a></p> http://wealthmanagement.com/retirement-planning/turn-screw#comments Taxes Retirement Planning Public Mon, 24 Mar 2014 16:28:00 +0000 520981 at http://wealthmanagement.com