Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
House Dems Revive Bill to Close Carried-Interest Loophole
By Melanie WaddellThe Ending Wall Street Tax Giveaway Act would tax carried interest as ordinary income.
April 12, 2023
Don't Forget These Last-Minute Tax Tips: Advisors' AdviceThe tax filing deadline is rapidly approaching, but it's not too late to help your clients.
April 11, 2023
Big CPA Group Calls on IRS to Ease S-Corp Stock Reporting IssuesThe IRS provided a pathway for S corp owners to fix certain stock issuance mistakes.
April 10, 2023
How to Make Your Fees Part of Clients' Tax StrategyDoes it make more sense to take advisory fees from traditional IRAs or Roths? I asked Jeff Levine.
April 07, 2023
8 'Nerdy' S Corp Facts to Impress Your Small-Business Owner ClientsKnowledge about S corporation rules can help advisors deliver insights to these clients, Jeff Levine says.
April 06, 2023
9 Ways to Help Clients Reduce Taxes on Social SecurityThere are a number of ways you and your clients can lower or eliminate taxes on these benefits.
April 06, 2023
SALT Tax Break Gets Fresh Push From RepublicansCongressional talks about state and local tax deductions are ongoing as taxpayers file their fifth tax return with the $10,000 cap.
April 04, 2023
New Bill Revives GOP Push to Repeal Estate Tax"The real issue here is the income tax benefit, which is not mentioned," says financial expert Ed Slott.