Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Ed Slott: Pay Attention! Secure 2.0 Dates Are 'All Over the Place'
By Melanie WaddellSlott delves into the sweeping retirement law's effective dates, some of which he's not too thrilled about.
January 03, 2023
Delaying RMDs Under Secure 2.0? Beware the 'Great Tax Crunch'Just because clients can wait longer to take RMDs doesn't mean they should. Ed Slott suggests an alternative.
December 31, 2022
Does a Charitable Trust Make Sense for Your Client?Secure 2.0 could lead to more clients using charitable remainder trusts. Here's what to know about these and similar vehicles.
December 30, 2022
How Is Crypto Taxed? Your Crypto Tax Guide for 2023From capital gains and losses to crypto-specific transactions to wash-sale rules, there's a lot to know.
December 30, 2022
Optimize Retirement Savings With an HSA Investment StrategyA health savings account is one tool your clients can use to cover health care costs in retirement.
December 30, 2022
Trump Tax Returns Give First Glimpse at What He Fought to HideThe documents shed light on his earnings and the taxes he paid, including one year where he paid nothing in federal income tax.
December 29, 2022
Estate and Gift Tax Exclusions for 2023: How the Changes Affect Your ClientsThe IRS has adjusted these thresholds for inflation.
December 28, 2022
Venmo, PayPal and Taxes: What to Know About the Latest IRS Rule ChangeThe IRS has delayed until 2023 a major reporting change for income from payment apps.