Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
4 Ways Inflation Can Help Clients Cut Taxes in 2023
By Ed SlottThe cost-of-living increases for tax brackets and other tax benefits are the largest in history. Take advantage now.
December 07, 2022
IRS Highlights Shrinking Tax Credits, Third-Party Payment Changes for 2023Taxpayers who took certain credits in 2021 could get much smaller refunds in 2022, the IRS says.
December 05, 2022
Quiz: Do You Know These Annuity Tax Facts?Only the tax-savviest can ace this test, but all advisors can benefit from the refresher.
December 02, 2022
4 Retirement Planning Moves That Can Yield Big Tax SavingsMany investors underestimate the impact their retirement account withdrawal decisions have on their wealth, Ritholtz's William Sweet says.
November 30, 2022
The 8 Best Year-End Charitable Giving Strategies for 2022Purposeful approaches to year-end giving can help you and your clients cultivate generosity while saving on taxes.
November 30, 2022
Plan Now to Avoid Social Security COLA Tax Cliff in 2023Rethinking their funding strategy can help clients mitigate the tax impact of a larger-than-average COLA.
November 29, 2022
IRS to Hike Interest Rates for Q1For individuals, the rate for overpayments and underpayments will be 7% per year, up from 6%.
November 28, 2022
9 Steps to Prepare Your Clients for Possible Job LossAs layoffs make headlines, act now to ensure that your clients are financially secure if they become unemployed.