Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Debate: Should Congress Support Manchin's Scaled-Back Build Back Better Act?
By Robert Bloink | William H. ByrnesTwo professors debate the West Virginia senator's latest pitch of a revised economic plan.
March 10, 2022
How Women Are Boosting Americans' Financial SecurityHere's a look at some of the female volunteers and nonprofits geared toward creating financial independence for women.
March 09, 2022
New Mexico Eliminates Social Security Taxes for Many SeniorsThe governor has signed a bill eliminating state taxes on benefits for those under certain income thresholds.
March 09, 2022
Roth IRA Conversions in a Down Market: 6 Things to ConsiderA down market allows clients to convert a larger percentage of their traditional IRA.
March 08, 2022
IRA Contributions for 2021 Can Be Made Until April 18: IRSContributions must be designated for 2021 to the financial institution, the IRS said.
March 07, 2022
How to Eliminate Tax on Some Roth IRA ConversionsClients with after-tax IRA funds may be able to isolate basis and execute an entirely nontaxable Roth conversion.
March 04, 2022
Debate: Should Clients Use a Backdoor Roth IRA in 2022?Should high-income clients use this strategy while they can, or are they risking a tax headache in the future?
March 03, 2022
New Jersey's Governor Proposes Tax Rebates for Income Up to $250,000The proposal would apply to 1.8 million residents to help offset the nation's highest property taxes, averaging $9,284 last year.