2017 Tax Act and Qualified Opportunity Zones: Is It Really an Opportunity?

The Tax Cuts and Jobs Act of 2017 (TCJA) included a tax break for investors related to realized capital gains. Through this program, an investor may receive tax benefits, including potential deferral and elimination of tax, by investing those gains in a Qualified Opportunity Zone Fund (QOZF).

Estate Planning in the Aftermath of the 2017 Tax Cuts and Jobs Act

Now that it has been almost 16 months since the passage of the 2017 Tax Cuts and Jobs Act (TCJA), it’s time to come up for air and ask the question: what is the overall impact on estate planners and their clients?

What Extra Return Must an Active Manager Provide to Outperform a Lower Cost Passive Equity Solution, Net of Fees and Taxes?

It is no secret: many active equity managers have a difficult time performing better than average when measured over full market cycles

To Gift or Not to Gift, That Is the Question

To gift or not to gift, that is the question. It is less complex than the famed question posed by Prince Hamlet, but still not a simple one for families that hold appreciated assets and are (or may be) exposed to estate tax.

Hedge Funds and Taxes: Things Just Got Worse in Minnesota and Other High Tax States

The new tax laws make worse an already rocky relationship between hedge funds and taxes[1]. Mutual funds that hold noncorrelated assets and strategies may gain in after-tax favor

Do Tax Harvesting Solutions Deserve a Place in Your Passive (or Active) Portfolio?

investors who prefer lower expenses for their equity exposures often favor low cost exchange-traded funds (ETFs) and mutual funds, passing on or not considering higher fee separate account equity index (SAEI) solutions.