Tax planning

Billionaire John Paulson’s New York hedge fund firm has shut an operation in Bermuda that had been targeted by a Democratic lawmaker as a tax shelter.

Democratic presidential candidate Hillary Clinton on Monday tweaked opponent Bernie Sanders for not yet releasing his tax proposals, adding yet another issue to her list of policy complaints about the Vermont senator who is rapidly gaining on her in many polls.

Hillary Clinton is calling for a 4 percent tax surcharge on Americans making more than $5 million annually, a move that would lead to the highest top U.S. income tax rate in 30 years.

Former billionaire entrepreneur Samuel Wyly’s “difference of opinion” with the Internal Revenue Service could turn an offshore fortune into an onshore fraud if the agency gets its way.

It’s the time of year when investors examine their portfolio and seek to harvest built-in tax losses. But short sellers who wish to harvest their losses should keep a close eye on the calendar.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

With the advent of the Nanny Tax in 1994, it became a little more complicated for a family to hire a nanny, housekeeper or senior caregiver.

The House has approved tax extenders legislation that makes a number of the periodically expiring tax breaks into permanent features of the tax code.

Are your clients prepared for the latest round of Affordable Care Act (ACA) compliance deadlines?

Wolters Kluwer has introduced two new learning certification programs for tax professionals.

A new academic study pours cold water on the notion that companies that promote their social responsibility efforts are any better at paying their taxes than regular corporations.

Michael Sonnenblick of Thomson Reuters discusses how tax loss harvesting can help investors save on taxes, along with some of the risks.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

In July my column for this space asked whether it was too early to start thinking about tax extenders. Now, the question might better be phrased whether it is too late.

Michael Sonnenblick of Thomson Reuters discusses some of the main issues for next tax season, such as the Premium Tax Credit and the deduction for state and local taxes.

Democratic presidential candidate Hillary Clinton on Wednesday urged Congress to take action against companies that avoid taxes by shifting their debt to American soil while moving profit overseas, a technique known as earnings stripping, and said that if they don’t, the Treasury Department should crack down with new rules.

As 2015 comes to a close, businesses are once again facing uncertainty as Congress has yet to act on a host of important provisions that expired at the end of 2014.

Helping clients make minimum distributions go further

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.