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When it comes to taxes, millionaires have short fuses. Ratchet up their rates and they'll blow you off and move to a low-tax, or no-tax, state.
May 26 -
Summer isnt too far away, and many parents are wondering if they can afford to send their kids away to summer camp this year. The ability to take a tax deduction for such expenses could make all the difference.
May 24
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Now that its springtime and the birds are chirping, its important for your tax clients to consider education-related expenses when applying for federal financial aid.
May 20 -
The Internal Revenue Service has released final regulations for disbursements from Roth individual retirement accounts, removing the allocation rule for disbursements from designated Roth accounts to multiple destinations.
May 18 -
Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, released a legislative discussion draft Wednesday to lay the groundwork for tax reform in the area of financial derivatives.
May 18 -
Former billionaire Sam Wyly may have been hoping for a better outcome on his home turf as a Texas judge weighed tax-evasion claims related to the fraud trial he lost in New York two years ago. He didnt get it.
May 12 -
Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
May 8 -
The Internal Revenue Service has issued a notice and revenue procedure on requirements for investing in money market funds.
May 5 -
Many Individual Retirement Account holders die without having consumed the account balances; therefore, beneficiaries will be entitled to the balance.
May 5
