Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
7 Issues That Can Complicate Tax-Loss Harvesting
By Roger WohlnerTax-loss harvesting can help soothe the tax bite of realized capital gains, but be careful.
July 14, 2023
IRS Cracks Down on 175 Millionaire Tax CheatsThe agency is touting its crackdown efforts after receiving an $80 billion 10-year funding boost.
July 12, 2023
Medicare and Social Security Fair Share Act Boosts Taxes on WealthyThe bill would apply the Social Security payroll tax to wage, self-employment and investment income above $400,000.
July 12, 2023
Hightower Invests in Tax FirmGMS Surgent will become a "wholly owned tax subsidiary," giving advisors access to complex tax and advisory services.
July 11, 2023
Taxable Accounts Are Wrong for These Holdings: Christine BenzFixing an "asset location" problem can be tricky, according to the Morningstar columnist.
July 11, 2023
Schwab Sweeps $1M-Plus Clients Into New Private Client ServicesThese clients now have access to a dedicated Schwab consultant at no additional cost.
July 10, 2023
To Hedge Against Estate Tax Exclusion Changes, Try DisclaimersA sales coach has an idea for helping clients facing the Year 2026 problem.
July 10, 2023
IRS Issues New Guidance on Stock Buyback TaxCorporations do not yet have to pay the tax but should keep records, the IRS confirmed.