Tax Reform Law Gets Mixed Reviews From Financial Planners

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Voices Why the tax law is very bad for RIAs. As result, the law whacks successful advisors’ earnings at (up to) the top ordinary income rates while our business owner friends and clients (in other industries) benefit from the new pass-through partnership, S-Corp or LLC rates which are up to 20% lower.

Good day, and welcome to the ALLETE Second Quarter 2019 financial results call. such as terms defined in the Private Securities Litigation Reform Act of 1995. Because such statements can include.

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Jordan Waxman is a financial adviser at HSW Advisors at HighTower in New York City. He manages over $2.5 billion in assets. Tax reform is on the minds of individuals and businesses as we enter a.

Understanding tax reform is critical for financial planning. The new law is estimated to reduce federal taxes for individuals by an average of 8%, according to the Joint Committee on Taxation. The average tax rate is projected to fall to 19% from 20.7%. Because Congress used the reconciliation process to pass the bill,

Description. The new tax reform law represents the most sweeping changes to the U.S. income tax code in over 30 years, changes that will impact virtually every aspect of American society.For estate planning counsel and advisers, the new law creates significant challenges in wealth transfer strategy and emphasis.

The bill is intended to reform. tax, allow victims of domestic violence to better monitor perpetrators, allow community colleges to employ their own security personnel, index decisions made by a.

Before we continue, please note that the discussion today will contain forward-looking statements made under the safe harbor provisions of the US securities private litigation Reform Act of 1995.

chairman of the House Government Reform Subcommittee on Government Managment, Information and Technology, joined Maurice McTigue and Jerry R. Ellig of the Mercatus Center in announcing the report. "As.

International Taxes Become More Complicated with Required Calculation of Transition Tax on Offshore Earnings. The act may be touted as a simplification for individuals. For the wage earner who reports almost all tax return items are reported to the IRS on a W-2, 1099, or 1098 for mortgage interest, that’s probably true.

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