Econ Comments & Analysis
WSJ | New 3.8% Investment Tax Raises Flags
Congress enacted the 3.8% surtax on dividends, interest and other income back in 2010, but didn't make it effective until tax year 2013. Even though advisers have been studying the tax's rules, many still have some questions as they help clients report the tax for the first time.
Blogs
WSJ | The Difference BetweenTax Planning and Tax Preparing
Tax payers often confuse “tax planning” with “tax preparation.” The first looks forward for opportunities and strategies to reduce your future tax liabilities. “Tax preparation,” by contrast, requires looking in the rear-view mirror, gathering and organizing your information from a past year, primarily for compliance with tax laws.
