With Donald Trump having aligned his tax plans with those of Congressional Republicans over the course of the campaign, his election puts the GOP in a position to enact significant changes in the nation’s tax system.
 
 
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Guide to Financial Planning
 
 
Nov 10, 2016
 
 
 
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Election Creates ‘Very Real Possibility’ of Tax Reform
by MICHAEL COHN, ROGER RUSSELL, SEAN MCCABE, DANIEL HOOD
 
With Donald Trump having aligned his tax plans with those of Congressional Republicans over the course of the campaign, his election puts the GOP in a position to enact significant changes in the nation’s tax system.
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Trump’s Tax Challenge: Finding A Way to Pay for Cuts
by ROGER RUSSELL
 
Donald Trump has already done the impossible by winning the presidency, but once he takes office he may have to do so again – by finding a way to pay for the across-the-board tax cuts he promised during his campaign.
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Deciphering Education Tax Incentives
 
Deciphering Education Tax Incentives
by BRIAN HARTSTEIN
 
In the latter part of the year we begin conducting year-end planning meetings with clients. For the ones with children or grandchildren, invariably part of the meeting focuses on planning and saving for college and possibly graduate school expenses.
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Tax Strategy Scan: Time to Front-Load Medical Expenses?
 
Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
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Average Tax Return Costs $114 to Prepare
by JEFF STIMPSON
 
Tax preparers charge a nationwide average of $114 to prepare a Form 1040 with no schedules.
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AICPA Sees Pre-Election Boost in Financial Satisfaction
by MICHAEL COHN
 
With the presidential election just around the corner, the American Institute of CPAs is detecting signs of renewed optimism in individuals’ financial outlook.
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House GOP Members Object to Proposed Estate Tax Rules
by MICHAEL COHN
 
Republicans on the tax-writing House Ways and Means Committee sent a a letter Thursday to Treasury Secretary Jacob Lew asking him to withdraw the Treasury’s recently proposed regulations on estate and gift taxes.
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Trump's Tax-Cut Plans May Draw Congress to Art of the Deal
by LYNNLEY BROWNING
 
Businesses and individuals may get major tax breaks if President-elect Donald Trump can successfully meld his own tax proposals with similar ones favored by House Republicans.
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Happy Birthday to the Estate Tax
 
Happy Birthday to the Estate Tax
by LAURA M. CHOOLJIAN AND STEFANIE J. LIPSON
 
With the 2016 presidential election dominating this fall’s news cycle, you may have overlooked an important and significant celebration—the centennial birthday of the estate tax.
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President-Elect Trump Faced with Turning Promises into Policy
by TOLUSE OLORUNNIPA AND ALEX WAYNE
 
Donald Trump’s surprise election Tuesday as U.S. president means the repudiation of Barack Obama’s legacy and a strong likelihood Republicans will undo many of his accomplishments, including Obamacare and trade deals, and seek tax cuts for the rich.
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