Financial planning news from around the web: September 4 – 8, 2017

Written on Sep 08, 2017

How financial advisers can take advantage of tax reform uncertainty
All eyes are on the prospect of tax reform as congressional Republicans push to deliver on one of their most coveted policy goals. While their ability to achieve tax reform is far from certain, there are strategies financial advisers can use this year to plan on the individual tax front.

IRS hunts bitcoin user identities with software in tax enforcement push
Is bitcoin in the IRS cross hairs? Users of bitcoin seem to be. In IRS Notice 2014-21, the IRS announced that bitcoin and other digital currency is actually property for tax purposes, not currency. That in itself has some big tax consequences.

GOP plan to kill estate tax sets up charitable giving conflict
Most Republicans support killing the estate tax as part of a tax overhaul, but doing so could have dire consequences for something else conservatives cherish -- charitable giving.

Ohio House proposes bill to eliminate marriage penalty tax
Two Ohio state representatives have introduced a bipartisan bill to eliminate the state's marriage penalty tax. State Reps. John Becker (R-Union Township) and David Leland (D-Columbus) introduced House Bill 333 Aug. 31, which would allow married couples the option of filing separately on their state tax returns.

Tech Corner – Ways to soup up your current car with tech
Adding the right technology to an older car can make it feel brand new. Here's where to start.

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