Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Inherited IRAs and RMDs: 8 Things for Surviving Spouses to Know
By John ManganaroWhen a surviving spouse inherits a retirement account, they have an important choice to make.
December 07, 2023
Quiz: Do You Know the RMD Rules for 2023?The Secure acts brought big changes to retirement account distributions. Can you help clients cut through the confusion?
December 06, 2023
IRS Expands Crackdown on Bogus Employee Retention Credit ClaimsThe agency is sending an initial round of more than 20,000 letters notifying taxpayers of disallowed ERC claims.
December 06, 2023
3 Tax-Friendly Investments for Wealthy ClientsThese under-the-radar options could appeal to certain clients, but it's important to know the risks.
December 05, 2023
Tax Quiz: How Much Do You Really Know About Capital Gains?Few areas of the tax code generate more questions, or controversy, than the treatment of capital gains.
December 04, 2023
A Closer Look at the DOL's Proposed Rollover RuleThe updates would maintain a commitment to ensuring that fiduciary advice is provided in retirement investors' best interest.
December 04, 2023
Billionaire Tax Rests on Disputed $14,729 RefundThe Supreme Court will consider whether Congress can put a levy on stock holdings, real estate and other wealth.
December 01, 2023
The IRS Delayed Its Payment Reporting Rule Change Again. Is That Good for Taxpayers?The rule for payments via Venmo and other apps won't take full effect till 2025 at the earliest.