Taxes http://wealthmanagement.com/taxonomy/term/23651/more en The Daily Brief: Halloween Money Tricks http://wealthmanagement.com/blog/daily-brief-halloween-money-tricks <div class="node-body blog-body">Bloomberg Businessweek broke down the National Retail Federation's data on how much American consumers spend on Halloween. Most frightening? The $67.7 billion total spent over the past decade. </div> <div class="field-content-focus"> <span>Content Classification:&nbsp;</span> Curated </div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/daily-brief">The Daily Brief</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/daily-brief-halloween-money-tricks" target="_blank">read more</a></p> http://wealthmanagement.com/blog/daily-brief-halloween-money-tricks#comments Blogs Taxes The Daily Brief Fri, 31 Oct 2014 09:00:00 +0000 694851 at http://wealthmanagement.com The Power of Tax-Aware Compounding http://wealthmanagement.com/taxes/power-tax-aware-compounding <div class="field-byline"> Todd LaFountaine </div> <div class="field-deck"> The reduction of tax drag on a portfolio can potentially have a meaningful impact on your clients’ total after-tax wealth thanks to the power of compounding over time. </div> <div class="node-body article-body">The reduction of tax drag on a portfolio can potentially have a meaningful impact on your clients’ total after-tax wealth thanks to the power of compounding over time. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/taxes/power-tax-aware-compounding" target="_blank">read more</a></p> http://wealthmanagement.com/taxes/power-tax-aware-compounding#comments Taxes Client Relations Practice Management Tue, 28 Oct 2014 15:51:00 +0000 692461 at http://wealthmanagement.com Niyazz/iStock/Thinkstock 73 Swiss Banks ask U.S. to Revise Proposed Tax Amnesty Deals http://wealthmanagement.com/taxes/73-swiss-banks-ask-us-revise-proposed-tax-amnesty-deals <div class="node-body article-body">Lawyers representing 73 Swiss banks seeking to avoid a tax-evasion probe by U.S. authorities wrote a letter to the U.S. Department of Justice raising questions over a dozen demands, including the banks' cooperation with other nations.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/taxes/73-swiss-banks-ask-us-revise-proposed-tax-amnesty-deals" target="_blank">read more</a></p> http://wealthmanagement.com/taxes/73-swiss-banks-ask-us-revise-proposed-tax-amnesty-deals#comments Taxes Asset Protection Fri, 24 Oct 2014 12:03:00 +0000 689501 at http://wealthmanagement.com Copyright Sean Gallup, Getty Images Tax Law Update: November 2014 http://wealthmanagement.com/legal/tax-law-update-november-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/legal/tax-law-update-november-2014" target="_blank">read more</a></p> http://wealthmanagement.com/legal/tax-law-update-november-2014#comments Legal Taxes Public Thu, 23 Oct 2014 19:38:00 +0000 689241 at http://wealthmanagement.com Stern Advice: The Tax Hit Loyal investors Will Take in 2014 http://wealthmanagement.com/mutual-funds/stern-advice-tax-hit-loyal-investors-will-take-2014 <div class="field-byline"> Reuters </div> <div class="node-body article-body"> If you are the kind of steadfast investor who buys a mutual fund and holds it forever, prepare to pay for your loyalty next April, when you settle up your 2014 tax bill.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/mutual-funds/stern-advice-tax-hit-loyal-investors-will-take-2014" target="_blank">read more</a></p> http://wealthmanagement.com/mutual-funds/stern-advice-tax-hit-loyal-investors-will-take-2014#comments IMPACT 2014 Strategies Taxes Mutual Funds Tue, 21 Oct 2014 15:55:00 +0000 686261 at http://wealthmanagement.com Copyright Spencer Platt, Getty Images Disclaimers of Distribution Rights Aren't Transfer Subject to Gift Tax http://wealthmanagement.com/estate-planning/disclaimers-distribution-rights-arent-transfer-subject-gift-tax <div class="field-deck"> Taxpayer’s current beneficial interest is severable interest from her contingent remainder interest </div> <div class="node-body article-body">In a recent private letter ruling, the IRS allowed the taxpayer, a minor, to disclaim her contingent beneficial interests in two irrevocable trusts executed prior to 1977. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/estate-planning/disclaimers-distribution-rights-arent-transfer-subject-gift-tax" target="_blank">read more</a></p> http://wealthmanagement.com/estate-planning/disclaimers-distribution-rights-arent-transfer-subject-gift-tax#comments Taxes Estate Planning Public Fri, 10 Oct 2014 15:54:00 +0000 677041 at http://wealthmanagement.com New Planning Opportunities for Multiple Distributions of Retirement Benefits http://wealthmanagement.com/retirement-planning/new-planning-opportunities-multiple-distributions-retirement-benefits <div class="field-deck"> IRS Notice 2014-54 affects the allocation of pre-tax and after-tax amounts </div> <div class="node-body article-body">On Sept. 19, 2015, the Internal Revenue Service issued new guidance, which changes how distributions from qualified retirement plans to multiple destinations will be treated when it comes to allocating pre-tax and after-tax amounts.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/retirement-planning/new-planning-opportunities-multiple-distributions-retirement-benefits" target="_blank">read more</a></p> http://wealthmanagement.com/retirement-planning/new-planning-opportunities-multiple-distributions-retirement-benefits#comments Taxes Retirement Planning Public Mon, 22 Sep 2014 17:33:00 +0000 660501 at http://wealthmanagement.com The Tax Advantages of Donor-Advised Funds http://wealthmanagement.com/philanthropy/tax-advantages-donor-advised-funds <div class="field-deck"> There is an increasingly-popular tool that allows clients to get more to their favorite charities, and less to the IRS </div> <div class="node-body article-body">Donor-advised funds provide higher immediate tax benefits without having to give it all away today.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/philanthropy/tax-advantages-donor-advised-funds" target="_blank">read more</a></p> http://wealthmanagement.com/philanthropy/tax-advantages-donor-advised-funds#comments Taxes Asset Protection High Net Worth Philanthropy Wed, 17 Sep 2014 13:00:00 +0000 655051 at http://wealthmanagement.com ©iStockphoto.com/designaart Gift Tax Audits http://wealthmanagement.com/estate-planning/gift-tax-audits <div class="field-deck"> Will they increase in the future? </div> <div class="node-body article-body">Although only 3,164, or 1.2 percent, of the 2012 gift tax returns were audited, many professionals expect the IRS to step up its audit efforts during the next few years based on the IRS’ goal to increase its income.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/estate-planning/gift-tax-audits" target="_blank">read more</a></p> http://wealthmanagement.com/estate-planning/gift-tax-audits#comments Taxes Estate Planning Public Fri, 12 Sep 2014 19:07:00 +0000 652121 at http://wealthmanagement.com Tax Law Update: September 2014 http://wealthmanagement.com/taxes/tax-law-update-september-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-september-2014" target="_blank">read more</a></p> http://wealthmanagement.com/taxes/tax-law-update-september-2014#comments Legal Taxes Public Fri, 22 Aug 2014 17:48:00 +0000 636401 at http://wealthmanagement.com