This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Janus Tax Planning Campaign Designed To Head Off Coming Crisis Of Inaction

DENVER, Aug. 29, 2012 /PRNewswire/ -- Janus Capital Group Inc. (NYSE: JNS) recently rolled out a campaign to help financial advisers address the pending "fiscal cliff" before the end of the year.

Barring action by Congress, $7 trillion worth of spending cuts and tax increases are set to go into effect on New Year's Day. Among the important changes, the so-called Bush tax cuts that have been in effect since the early 2000s are set to expire, automatically raising income tax rates, capital gains rates, and the qualified dividend rate for all taxpayers. A new Medicare surtax on high-income households is also set to kick in under health reform.

In anticipation of these expiring tax breaks and new taxes going into effect, Janus has prepared a detailed adviser guide called "Preparing Your Clients for A World of Higher Taxes." Designed by the firm's retirement and tax experts, the guide includes a summary of the potential tax changes along with ten specific strategies advisers will want to discuss with their clients.

The information included in the program is geared toward helping investors lessen the impact of higher taxes and potentially improving their overall financial situation by taking action.

"While it's possible, maybe even likely, some kind of compromise will be reached in Washington, no one knows at all what it will look like," says Matt Sommer, Vice President and Director, Retirement Strategy Group for Janus Capital. "The earlier advisers and clients start to think through the possibilities, the more prepared they will be at year end if action is required."

Denver-based Janus Capital has presented the information to hundreds of financial advisers attending invitation-only conferences over the last few months. Based on their feedback, Sommer says these investment professionals believe their biggest challenge right now is dealing with next year's tax uncertainty.

"It's not likely that any sort of clarity around the pending tax changes will come until Thanksgiving," says Sommer, "so investors should be prepared to act quickly. There are a number of definitive, pre-emptive steps to take in the meantime. One way or the other, the biggest mistake investors could make this year is doing nothing."

Financial advisers can receive a copy of "Preparing Your Clients for A World of Higher Taxes" by calling 1-877-33JANUS (52687) or visiting

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs