Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Battle Over Tax Hikes, Spending Bill Is Heating Up
By Melanie WaddellSen. Joe Manchin and other moderate Democrats will likely demand a pared-down tax plan, setting up weeks of debate.
September 07, 2021
4 Signs Your Client Is Ready for a Roth IRA ConversionThe tax environment is favorable, but what does your client's financial situation look like? Here's what to consider.
September 03, 2021
Sen. Warren Pushes for IRS Funding Boost in Spending PlanIRS' 2021 budget, factoring in inflation and mandatory pay raises, "is really $2.7 billion less than in FY 2010," Commissioner Rettig told Warren.
September 03, 2021
Senate Democrats Mull Taxes on Stock Buybacks, Excess CEO PaySenate Democrats are discussing a wider range of tax proposals than President Joe Biden has proposed.
September 01, 2021
Jeremy Siegel's Top 10 Economic Predictions for the Next Few Months and BeyondThe Wharton professor gives his forecast on taxes, inflation and how stocks will perform.
August 31, 2021
Why Bitcoin Might Belong in Your Client's IRAIf crypto is an appropriate investment, holding it in IRAs or other tax-advantaged retirement accounts could make sense.
August 30, 2021
How to Get Tax Breaks for Caring for an Aging Family MemberThose who care for a family member who qualifies as a dependent may be entitled to deduct medical expenses.
August 27, 2021
How a Client's Solo 401(k) Can Become a Mega Backdoor Roth IRAAfter-tax contributions are the key to using this strategy, says Ed Slott & Co. expert Ian Berger.