Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
How 7 Advisors Forged Bonds With CPAs, Lawyers: Advisors' Advice
By Jeff BermanBuilding these alliances takes a lot of networking and often a little creativity, advisors told us.
January 13, 2023
Trump's $1.6M Tax-Fraud Hit Eclipsed by Impact of Felony ConvictionTwo Trump Organization business units were sentenced on Friday in New York after a felony conviction last month.
January 13, 2023
New Bill Would Repeal Estate Tax, Keep Step-Up in BasisA bill allowing "both income tax and estate tax elimination" will never pass, says Ed Slott.
January 12, 2023
NJ Residents to Get 'Significant' New Tax Cuts, Governor SaysNew Jersey's Phil Murphy made the promise to build on the state's $2 billion property tax rebate program of 2022.
January 12, 2023
Tax Filing Season Starts Jan. 23: IRSApril 18 will be the filing deadline to submit 2022 tax returns for most taxpayers.
January 11, 2023
RIA Leaders Fear CPA Retirements Could Complicate Planning EffortsAs experienced CPAs grow more scarce, their services will be harder to source — and more expensive.
January 11, 2023
The IRS Needs Billions to Make TrillionsUnderfunding the Internal Revenue Service allows scofflaws to go unpunished and will increase the budget deficit.
January 11, 2023
Taxpayer Service Expected to Improve in 2023, IRS SaysThe IRS faces "a difficult balancing act with its current resources," Taxpayer Advocate Erin Collins tells lawmakers.