Income Tax Planning – Page 3 – Blueprint for Wealth

Link to Tax Reform Framework

Following up on my earlier post, here is a link to the Tax Reform Framework.

Tax Reform Outline Released

The Republican-sponsored tax reform proposal released on Wednesday is being touted as the most radical change to the nation’s tax code in decades. According to the 9-page outline of the…

Tax Reform Details Dribble Out…

Some of the expected tax provisions include: Apparently, negotiators are pursuing a corporate rate of 20 percent, despite President Trump’s preference for a 15 percent rate. The plan also sets…

Health Care Reform Dropped; Congress Turns to Tax Reform

House Republican leadership abruptly pulled the health care bill and will now turn to tax reform. Not repealing the Affordable Care Act creates a major problem for tax reform efforts, because…

Another Summary of Trump and Republican Tax Proposals

Now that the election is over, tax reform is high on the agenda of the President-Elect and the Republican controlled Congress. For an excellent summary of the Trump and Republican…

10 Differences Between Clinton and Trump Tax Plans

Here is a summary of the top 10 differences between the Clinton and Trump tax proposals as outlined in their various position papers and on their web sites: Individual Tax…

CBS This Morning IRS Hacking Piece

In case you missed it, Wayne Zell appeared on CBS This Morning to discuss his experience as a victim of identity theft resulting from the recent hack on the IRS database.…

Today’s Channel 8 Broadcast on Lotteries and LLCs

Here is a recording of the live broadcast on 1/13/2016 on Good Morning Washington! on News Channel 8 discussing the use of LLCs to hold lottery winnings (in case you missed it)! http://www.blueprintforwealth.org/wp-content/uploads/2016/01/94523951dd0f4eff1580f1d9b6d5eda2.mp4

Using an LLC or Trust to Receive Lottery Winnings

Today, the hottest financial topic (aside from the collapse of Chinese markets) is who will win the PowerBall drawing (latest estimates are at $1.4 billion) and what will they do…

Tax Extenders Package Includes Permanent S corporation Relief

As you may know by now, on December 18, 2015, President Obama signed into law “The Protecting Americans From Tax Hikes Act”, which made permanent many expiring or expired provisions…

Category: Income Tax Planning