Regulation

PODCAST w/ Reed & Gottheimer; SEC Best Interest; EC Spotlight: McHenry; Retirement & Cybersecurity

Topics: Congress, Regulation, Retirement security, SEC Fiduciary

March 15, 2019 A Republican and a Democrat Walk Into a Recording Studio….Part Two “When people come to our offices or send us a note, it makes such a difference.” “Get engaged. Stay engaged.” The value of committed constituent advocates isn’t the only thing these two unusual Members of Congress agree on. Tune into the…

Exec Comp Traps to Avoid, IRS Change Could Expand Rollover Market, Recent Business Valuation Cases, and More

Topics: 162(m), IRS, Regulation, Split-dollar

March 14, 2019 Reminder: March 15th is the deadline for S-Corp and Partnership tax extensions. Business Insurance and Employee Benefits Top Five Executive Compensation Tips & Traps This Baker Donelson piece summarizes five common executive compensation issues that can snare employers and advisors – including both tips to avoid them altogether and solutions for getting...

Nevada Best Interest Reg; PODCAST; Inside the Problem Solvers Caucus; Congressional Vacancies; Liability Heads Up on Data

Topics: Advisor standard of conduct, Best interest, Congress, DOL, Fiduciary, NAIC, Regulation, SEC

March 08, 2019 AALU Submits Comments on the Nevada Standard of Care Proposal In January, the Nevada Securities Division (NSD) proposed a set of fiduciary rules, implementing a law enacted in 2017. The NV law that this regulation is based on expanded the types of financial professionals that are subject to Nevada’s existing fiduciary standard.…

Timing a Sale of a Business under 199A, Tips for Naming IRA Beneficiaries, SALT Workaround Analysis, Qualifying for QSBS Status, and More.

Topics: 199A, IRAs, Life insurance products, Regulation, Retirement security, Tax reform

February 28, 2019 Wealth Transfer How the Timing of the Sale of a Small Business Can Impact the Section 199A Deduction Lou Vlahos at Farrell Fritz explains how, all things being equal, changes in the TCJA mean that the point during the tax year that a passthrough business sells its qualified business may have a…

Best Interest & Clawback Comments; AALU Ambassadors Engage with New Members; Endorsed Candidate Spotlight

Topics: Best interest, Congress, Estate tax, NAIC, Regulation

February 22, 2019 In-District Spotlight – AALU Members Engage Lawmakers at Home When Members of Congress leave D.C. and head back to their home States, it’s sometimes referred to as “recess.” Lawmakers call this time in-district work periods. Most members use this time to traverse the sometimes-vast geography they represent to dedicate quality time with…

What You Need to Read

Topics: Estate planning, Estate tax, IRS, Regulation, Retirement security, Tax reform

January 31, 2019 Wealth Transfer The Heckerling Institute on Estate Planning: How the 2017 Tax Act Changed the Tax Consequences of Marriage and Divorce Thomas Tietz shares his detailed notes from Carlyn McCaffrey’s comprehensive presentation on the consequences of the TCJA for marriage and divorce at this year’s Heckerling conference. Read More Top Ten Estate…

Impact of Final Treasury Department Section 199A Regulations on Availability of Passthrough Deduction for Life Insurance Professionals

Topics: 199A, Regulation, Tax reform, Treasury Department

WRNewswire: The 199A Deduction Series Impact of Final Treasury Department Section 199A Regulations on Availability of Passthrough Deduction for Life Insurance Professionals Favorable results for commission-based life insurance sales This WRNewswire was created exclusively for AALU members by Ken Kies, Managing Director, Federal Policy Group and AALU outside tax counsel. January 30, 2019 …

Final Pass-Thru Guidance Issued (199A), Shutdown Update, and More

Topics: 199A, Capital gains, Congress, Regulation

January 25, 2019 Beyond the Headlines The shutdown continues. The State of the Union is postponed, as is Republican lawmakers’ annual planning retreat. Affected government employees will miss their second paychecks of the shutdown today. AALU joined with the U.S. Chamber of Commerce and 384 organizations calling on Congress and the President to end the…