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For some, estimated tax payments are a non-issue. Others may earn all of their income from sources that don’t withhold amounts for federal income taxes.
November 19 -
Younger clients are more savvy consumers who know how to minimize their expenses and are less inclined to spend on material goods, an expert says.
November 13 -
Taxpayers face a 5% penalty if they fail to meet the deadline.
October 1 -
When financial emergencies compel early withdrawals from clients' retirement accounts, they face income tax and often an additional 10% penalty.
April 29 -
The Treasury and IRS are lowering the withholding underpayment threshold to 80%.
March 26 -
Robert Graham allegedly solicited clients into risky investments, which he directed to his private company. He is the ex-chief of the Arizona Republican Party.
August 29 -
Salary-reduction arrangements can exclude up to $520 each month from a client’s taxable income to cover these expenses.
June 26 -
Sometimes the strategy can eliminate a domino effect of other expensive tax problems down the road, Ed Slott writes.
March 20 -
The new law will affect how financial advisors and clients evaluate the pros and cons.
January 23 -
Advisors should contact every client who did a Roth conversion in 2017 to discuss a key change in tax regulations, Ed Slott says.
December 4