Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
12 Tax Changes in Biden's $7T Budget
By Laura DavisonOne shift would mean the richest taxpayers would pay a 44.6% rate on investment income and other earnings.
March 09, 2023
Biden Unveils $6.9T Budget, Sets Up Showdown With GOPThe proposal asks lawmakers to bolster the social safety net through a flurry of new taxes on the wealthy and corporations.
March 09, 2023
Biden to Push for 25% Billionaire Tax, Capital Gains Hike on RichThe proposal would nearly double the long-term capital gains rate for investors earning $1 million or more.
March 08, 2023
13 States With the Highest Property Tax RatesA few surprises from the Midwest joined several states from the East Coast on this list.
March 08, 2023
Who Is Opening Donor-Advised Funds Today?DAFs continue to be the preferred charitable vehicle of many advisors and clients for a number of reasons.
March 07, 2023
Roth vs. Traditional IRAs: The Tax Trade-Off Isn't Always What You ThinkRetirement savers must balance the pursuit of greater after-tax wealth and the desire for more predictable outcomes.
March 07, 2023
Biden Proposes Tax Hike on Income Over $400K to Fund MedicareThe president's budget also proposes the ending of a tax loophole used by business owners and higher earners.
March 06, 2023
8 Reasons to Review Clients' Tax Returns Every YearThis step can help clients avoid tax mistakes shed light on additional planning opportunities.