Republicans Oppose Treasurys Estate Tax Proposals
A group of 41 Senate Republicans is urging the Treasury Department to drop proposed regulations that would eliminate a popular tax strategy for minimizing estate and gift taxes.
A group of 41 Senate Republicans is urging the Treasury Department to drop proposed regulations that would eliminate a popular tax strategy for minimizing estate and gift taxes.
With summer now behind us, it’s time for older taxpayers—those ages 65 and above—to consider how they will be affected by the higher post-2016 floor beneath medical expenses.
As both major Presidential candidates’ campaigns get into full gear, some of their positions on tax have become clearer, while others are still up in the air.
Hillary Clinton wants roughly $550 billion in new taxes and fees over the next decade—affecting investment partnerships, large estates and banks—that have received little to no public discussion from her campaign, a report from a Washington-based policy group shows.
Assets in college savings plans named for an obscure section of the Internal Revenue Service code hit a new record this summer, totaling $266.2 billion. That’s up 5.1 percent from a year ago, when assets in the accounts stood at $253.2 billion.
Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
Donald Trump will tout his plan to cut taxes for individuals and businesses on Thursday as a way to stimulate economic growth, but a question that has loomed over the proposal for roughly a year will remain a topic of debate among economists: By how much would Trump’s tax cuts reduce federal revenue?
Republican presidential nominee Donald Trump’s child-care plan would guarantee six weeks of paid maternity leave to working mothers, and Trump’s daughter Ivanka will join him in suburban Pennsylvania as he discusses the issue, his campaign said Tuesday.
Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.