Low inflation, subdued global growth, and historically elevated stock valuations are the realities we believe your investment portfolios face over the next five years. Investors can position their portfolios for the long-term with these six key themes in mind: valuation superstructure, entrenched growth, stuckflation, monetary godot, populist catharsis, and regulation in limelight.
Resource Search
Depending on where you live, your philosophy on fiscal policy and what your sources of income are, the Tax Cuts and Jobs Act could be viewed as a gift or a lump of coal.
Private foundations assessing the impact of the tax reform legislation (HR1) signed into law on December 22, 2017 should look beyond the private foundation-specific proposals that were not included and assess the impact of provisions affecting all tax-exempt organizations. For some private foundations, the list of key items may include the new excise tax on organizations with highly compensated employees, segmentation of unrelated business taxable income (UBTI), and changes to employer provisions for qualified transportation fringe benefits.
Congress on December 20, 2017 gave final approval to the House and Senate conference committee agreement on tax reform legislation (HR 1 or the Act).
On December 19, 2017, the House and then the Senate approved HR 1, the “Tax Cuts and Jobs Act,” which was signed into law on December 22, 2017. The major tax overhaul includes a reduction in tax rates for most individuals, a reduction in the top corporate tax rate from 35% to 21%, and a reduction in the tax rate on individual business income. Generally, HR 1 leaves retirement savings tax incentives untouched, and that is (for the most part) good news. In this article, we consider some key elements of the bill bearing on retirement savings tax policy.
Estate planners have heard the list of complaints surrounding the Subtitle B, Chapter 13 of the IRC, also known as the generation-skipping transfer tax’s (GST) introduction into the Code—it is nonsense, too complicated, and frightening. The naysayers, however, are missing that the GST tax is rich and nuanced in its applications—but often misunderstood. Knowledge about gift and estate tax concepts can produce erroneous conclusions if applied to certain aspects of the GST.
Although the recent high-profile cases of sexual misconduct make for sensational news stories, how this issue directly affects employers often gets lost in the media chatter. Under current law, employers can be held vicariously liable (i.e. legally responsible) for the harassment of their employees by a supervisor, co-worker or even a vendor or client. As the calendar turns to 2018, a renewed focus by employers on sexual harassment training practices seems prudent given all that transpired in 2017.
The Tax Cuts and Jobs Act (the “Act”) was signed into law on December 22, 2017. The Act brings about immediate, sweeping changes to the federal income tax laws—especially relating to the commercial and residential real estate industries. Highlights of the Act relating generally to U.S. real estate businesses and their owners also include 20 percent deduction for qualified business income of individuals, business interest deduction limitation, and modification of the net operating loss deduction.
Financial planning is essential to helping secure the future of you and your loved ones, yet it is easy to delay tackling it. Creating a customized financial plan helps define your individual investment goals, identify potential obstacles and allows you to adjust strategies as circumstances change. This article addresses the commonly asked questions about family financial planning, including philanthropic giving, estate planning and gifting strategies, and how to select a financial advisor and estate planning attorney.
For a majority of impact investors, impact investing means seeking a general or specific environmental, social, or governance outcome, in addition to a financial return, from their investments.