TXI
Showing 161–176 of 384 results
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Tax Tips – Watch out for tax scams
March / April 2017
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 525
Abstract: These brief tips cover scams to be aware of during tax season, how to check your IRS account online and the benefits of using a charitable trust to cover college expenses.
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New rules limit tax benefits of leveraged partnerships
March / April 2017
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 632
Abstract: In October 2016, the IRS issued a suite of final, temporary and proposed regulations that tighten the disguised sale rules for contributions of appreciated property to partnerships. One of the most significant changes made by the new rules effectively eliminates the ability of partners to defer gain on contributed property by taking advantage of leveraged partnership transactions. This article explains the new rules.
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Educate your children on wealth management
March / April 2017
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 549
Abstract: For those who wish to leave a lasting legacy to their children and future generations, educating them about saving, investing and other money management skills is essential. This article covers teaching techniques and details the benefits of incentive trusts.
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4 tax-smart techniques for mutual fund investors
March / April 2017
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 852
Abstract: Many people overlook tax considerations when planning their mutual fund investments. This article examines four techniques investors might consider, including avoiding year-end investments and investing in tax-efficient funds, if their portfolios include mutual funds. A sidebar explains how to account for cost basis.
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Tax Tips – Late rollover relief just got easier
January / February 2017
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 430
Abstract: These brief tips cover how the IRS has made it easier for taxpayers to obtain an extension for retirement plan rollovers, ways to protect taxpayers from charity scams and how to make a partial disposition election for disposed property.
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Don’t overlook the domestic production activities deduction
January / February 2017
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 599
Abstract: The domestic production activities deduction provides a generous tax break for certain “domestic production activities.” Unfortunately, many businesses overlook this valuable tax break because they believe it’s only for manufacturers. This article explains that in fact the deduction is available to a wide range of businesses. It also explains how temporary and proposed regulations may affect a company’s eligibility for the tax credit.
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What estate planning strategies are available for non-U.S. citizens?
January / February 2017
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 537
Abstract: Many traditional estate planning strategies are based on the assumption that everyone involved is a U.S. citizen. But for those couples with a noncitizen spouse, special rules apply that require additional planning. This article examines some of the tax issues for resident noncitizens, as well as for nonresident aliens.
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Required minimum distributions: Tips and strategies
January / February 2017
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 959
Abstract: For those nearing age 70½, it’s time to start planning for required minimum distributions (RMDs) from their traditional IRAs or employer-sponsored retirement plans. This article provides tips and strategies for minimizing the impact of RMDs and includes a brief sidebar on how RMD rules differ if an IRA or retirement plan is inherited.
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Tax Tips – Proposed valuation regulations may have a big impact on estate planning
November / December 2016
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 422
Abstract: These brief tips cover how proposed regulations may affect estate planning; detail the alternative minimum tax “sweet spot”; and explain a safe harbor 401(k) plan.
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How incomplete nongrantor trusts can help avoid state income taxes
November / December 2016
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 650
Abstract: With the federal gift and estate tax exemption at $5.45 million for 2016, traditional estate planning may not be helpful for many people. Instead, those whose estates are below the exemption amount are shifting their focus to income tax reduction. High-income taxpayers — particularly those who live in high-income-tax states — may want to consider incomplete nongrantor trusts, which make it possible to reduce or even eliminate state taxes on trust income.
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Is it time to revisit the research credit?
November / December 2016
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 602
Abstract: Last year’s PATH Act made the research credit permanent and expanded its benefits to certain start-ups and other small businesses that were unable to take advantage of it in past years. This article highlights the research credit and its expansion under the PATH Act.
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Year-end tips for reducing NIIT
November / December 2016
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 826
Abstract: As 2016 winds down, one tax that advisors focus on is the net investment income tax (NIIT). This tax adds 3.8% to individual income tax rates. This article highlights several year-end planning strategies to consider that can reduce or eliminate the tax. A sidebar notes that a trustee might be able to reduce or eliminate NIIT by distributing a nongrantor trust’s income to its beneficiaries.
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Tax Tips – Increase withholding to avoid underpayment penalty
September / October 2016
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 432
Abstract: These brief tips cover why taxpayers may want to increase withholding to avoid an underpayment penalty, whether businesses can defer taxes on advance payments, and how to make the most of year-end gifts.
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Watch out for the alternative minimum tax
September / October 2016
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: The IRS designed the alternative minimum tax (AMT) to prevent the wealthy from exploiting certain tax breaks to avoid paying their fair share of taxes. Today, however, the AMT ensnares an increasing number of middle-class and upper-middle-class taxpayers. This article summarizes the AMT exposure and offers planning strategies that can reduce or eliminate the tax.
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How basis planning can result in significant tax savings
September / October 2016
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 687
Abstract: A basic tenet of estate planning is to minimize gift and estate taxes. Yet with the exemption amount at $5.45 million for 2016 ($10.9 million for married couples), a vast majority of Americans won’t have to pay these taxes. For many this means that estate planning focuses on income tax planning. This article highlights one of the most valuable tax planning areas — the “stepped-up basis” rule.
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Accelerating depreciation deductions – A cost segregation study may reduce taxes
September / October 2016
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 854
Abstract: Businesses that acquire, construct or substantially improve a building may want to consider a cost segregation study. These studies combine accounting and engineering techniques to identify building costs that are properly allocable to tangible personal property rather than real property. The result may allow businesses to accelerate depreciation deductions, thus reducing taxes and boosting cash flow. This article details how a cost segregation study works and includes a sidebar on how the PATH Act enhanced it.