Tax

Mark Zuckerberg's Advisor Becomes A Star, Even Though Facebook Founder Faces $2 Billion Tax Liability

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by ScottMartin     February 06, 2012      0.0 (0) The looming Facebook IPO has people taking about Mark Zuckerberg's financial advisor, Divesh Makan, who stands to generate a lot of AUM once his client's company goes public.

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Muni Bond Interest Deduction Is Safe, White House Insiders Say

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by ScottMartin     January 31, 2012      0.0 (0) A proposed cap on the tax advantages of municipal bond interest looks dead now that "people who understand" the credit markets are weighing in on the issue.

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IRS Private Letter Ruling Waives 60-Day IRA Rollover Rule For Surviving Spouse Claiming Duress

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by robertkeebler     January 25, 2012      0.0 (0) In a recent private letter ruling, the IRS waived the 60-day IRA rollover rule for a surviving spouse who claimed financial illiteracy and duress. However, the wording of Section 408 of the Internal Revenue Code is permissive rather than mandatory — even if the conditions outlined to receive an IRS waiver are met, the request can be

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Estate and Charitable Giving Planning For You And Your Clients

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by SherylCPA     December 18, 2011      0.0 (0) Rabbi Hillel said, “If I am not for myself, who will be for me?  But if I am only for myself, who am I?  If not now, when?”  Unless your clients are planning to spend all their money before they go, or they want to donate their estates to Uncle Sam, estate and charitable planning are critical.  In spit

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Cut Your Clients' And Your Own Personal Income Taxes!

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by SherylCPA     December 11, 2011      0.0 (0) By taking a look at your (or your clients’) tax situation now, you might be able to reduce the bite Uncle Sam takes out of your hard-earned savings.  Below is a handy checklist:

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