Tax planning

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

It’s not likely to be as big a summer blockbuster as “Jurassic World,” but a new documentary about the carried interest tax break has just premiered.

Jeb Bush’s tax plan attempts to fuse disparate streams of Republican thinking on U.S. fiscal policy, moving beyond the base-broadening, rate-lowering mantra that has animated the party.

Yahoo! Inc. failed to get the advance approval it sought from U.S. officials for a plan to spin off its stake in Alibaba Group Holding Ltd. without incurring taxes.

Get Thomas Rustici talking about the current state of U.S. economic policymaking, and the adjectives start flowing: Corrupt, worst, wasteful, bloated, dangerous.

Puerto Rico is struggling under $72 billion in debt that is forcing the territory to make some tough choices.

Looking for planning prospects in your client base? Start with these four groups.

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

The chairmen of Congress’s two main tax committees, House Ways and Means Committee chairman Paul Ryan, R-Wis., and Senate Finance Committee chairman Orrin Hatch, R-Utah, have written to Treasury Secretary Jacob Lew saying he should hold off on developing country-by-country reporting regulations for taxation of multinational corporations.

Billionaire Donald Trump, who built his fortune in real estate, told Bloomberg Politics this week that he wants to raise his own taxes. One way to do it is a bipartisan proposal that would blow up one of the real estate industry's favorite tax breaks.

If you have discussed the idea of setting up a family limited partnership with any of your clients in the past, now might be a good time to revisit the subject.

Congress has passed a variety of tax provisions so far in 2015

Bloomberg BNA has released a new edition of Unclaimed Property, its Tax Management Portfolio on escheatment and unclaimed property laws.

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

The Internal Revenue Service has issued final regulations for determining a taxable beneficiary’s basis in a term interest in a charitable remainder trust upon a sale or other disposition of all interests in the trust, to the extent that basis consists of a share of adjusted uniform basis.

Hillary Clinton has rolled out a plan to make college affordable that her presidential campaign has dubbed the New College Compact, enabling students to pay for higher education without taking out costly student loans.

If the beneficiary of a deceased owner of an individual retirement account fails to comply with the post-death required minimum distribution rules and the other post-death IRA distribution rules, then the beneficiary can be subject to penalties from the Internal Revenue Service.

Microsoft Corp.’s stockpile of offshore profits rose to $108 billion, with a 17 percent increase over the past year as the company continues reaping profits in low-tax foreign jurisdictions.

The Internal Revenue Service regularly provides tax tips via email to provide timely reminders to taxpayers and preparers about tax breaks and requirements year-round, and its advice can be particularly helpful this summer.

In June, the Supreme Court held in Obergefell v. Hodges that “same-sex couples may exercise the fundamental right to marry in all States. It follows . . . that there is no lawful basis for a State to refuse to recognize a lawful same-sex marriage performed in another State on the ground of its same-sex character.”