Tax Law Changes Affecting Your Clients

Yes, it’s tax filing season again, already!   And again for this year, we had some tax laws extended by Congress through 2016 or 2019, but some were actually made permanent. 

So for the context of this article, we’ll discuss only those changes affecting your individual clients.


Summary of Individual Tax Provisions Made Permanent

Tax Advice for Business Owners: Allowed vs. Allowable Depreciation

The business world is complex, competitive and enormously taxing both from a monetary standpoint as well as from a managerial/emotional/physical standpoint for many business owners, especially small business owners, like many advisors’ clients.  Therefore, in this article we’re going to specifically discuss one aspect of the monetary taxing side, which I believe is mostly unknown to the average business owner.

Who Wins the ‘Passive vs. Active’ Institutional Debate? Pt. 5: Foreign Large Cap Blend

In my previous article on this evergreen topic of debate for advisors and investors, we’ve analyzed all U.S. Large Cap Blend, Growth and Value mutual funds, along with the most recent – Who Wins the ‘Passive vs. Active’ Institutional Debate? Part 4: US Mid-, Small-Cap Blends — to see who wins the passive versus active debate. (See all the articles in this series on this landing page.)

Part 4

Who Wins the ‘Passive vs. Active’ Institutional Debate? Part 4: US Mid-Small-Cap Blends

In my first three articles, we hit on the broad U.S. Large-Cap arena—Blend, Growth and Value. All three provided some interesting findings on the hugely debated subject matter relative to the institutional investment space. In this article, we’re going to round out the U.S. core equity investing space by analyzing both the Mid-Cap Blend and Small-Cap Blend. Again—keep in mind, I’m using Morningstar Direct as my source of screening, testing and research on return/expense data points. So how does the U.S. Mid-Cap Blend space fare in the debate?

Who Wins ‘Passive vs. Active’ Institutional Debate? Pt. 2: U.S. Large Cap Growth

I hope everyone enjoyed my first article in the series—Who Wins ‘Passive vs. Active’ Institutional Debate? Pt. 1: U.S. Large Cap Blend—on this highly debated subject matter. However, before we dive into the Large Cap Growth space analysis, let me respond to a few comments relative to my first article. These articles are derived from a simple database screening, with the goal of creating a pure ‘apples to apples’ comparison between the institutional-only active vs. index mutual fund space.

Part 1

Who Wins ‘Passive vs. Active’ Institutional Debate? Pt. 1: U.S. Large Cap Blend

Advisors and investors alike hear all the time in various articles, speeches and interviews that passive investment funds (indexes) always outperform active investment funds (non-indexes). In my view, however, I’ve found that most articles written on the subject rarely provide precise “apples to apples” comparisons, much less an all-institutional dialogue about true data.

Help Your Clients Avoid Paying Taxes They Don't Really Owe

While the federal government probably doesn’t collect all lawfully owed tax dollars due to its own inability to fully validate every taxpayer’s claimed write-offs, it also collects a lot of tax revenue to which it’s legally/factually not entitled. I know what you’re thinking; how does the IRS actually collect and retain tax revenue that isn’t actually owed? The answer is the IRS really doesn’t know it isn’t entitled to these revenues. And it’s costing your clients money! Now that I have your attention, let me elaborate...