Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
IRS Finalizes Car Loan Deduction
By Robert Bloink and William H. ByrnesAlthough the deduction was available for the 2025 tax year, the agency treated 2025 as a transition year.
September 23, 2026
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A Tax-Free Way to Fund Long-Term CareClients who don't want standalone LTC coverage might consider a "hybrid" life or annuity contract.
September 18, 2026
How HSAs Can Help Cover Medicare Costs Tax-FreeThe savings accounts offer a powerful solution to reimburse Medicare premiums and medical expenses that Medicare excludes.
September 18, 2026
12 States With the Highest Incomes Needed to Join the 1%The income threshold to join this group varies dramatically by state, SmartAsset reports.
September 17, 2026
House Passes Tax Relief for Fraud Victims ActThe bill would waive penalties for early withdrawals from qualified retirement accounts due to fraud or deceit.
September 15, 2026
New Merrill Services Help Clients Transition to Managed AccountsThe offerings enable clients to move cash and other assets in a gradual, tax-efficient way, according to the firm.
September 15, 2026
New Bill Would Let IRS Use AI to Detect Tax FraudThe AI Tax Integrity Act would test the potential of using artificial intelligence to spot inaccurate tax returns.
September 14, 2026
LPL Courts Lawmakers to Hash Out PrioritiesTom Gannon, the firm's chief advocacy officer, discusses four policy issues that are top of mind for advisors.