Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Biden's Carried Interest Tax Proposal Could Put Fund Managers in SEC's Sights
By Nicolas MorganUnder Biden's proposal, fund managers might change valuation methods or impose additional fees, which would draw SEC scrutiny.
June 25, 2021
Biden's Corporate Tax Rate Plan Isn't Going Away. Here's What to Know.A recent bipartisan infrastructure deal did not include a corporate tax increase as Biden had proposed, but the plan is not off the table.
June 25, 2021
Jamie Hopkins: How a Capital Gains Tax Hike Will Affect AdvisorsThe proposed tax increase will have a major impact on advisors who plan to sell their firms, Carson Group's managing partner of wealth solutions says.
June 25, 2021
Peter Thiel's $5 Billion Roth IRA: Tax Pro Jeffrey Levine Weighs InLevine discusses ProPublica's recent reveal: Did the billionaire break any rules? What if your clients want to copy him?
June 23, 2021
How to Prepare for a Retroactive Capital Gains Tax HikeCPA Sheryl Rowling, who heads rebalancing solutions for Morningstar, offers some pointers.
June 23, 2021
ACA 'Medicare Tax' Revenue Should Go to Medicare: Senior Citizens LeagueRevenue from a second ACA Medicare tax does go to Medicare.
June 22, 2021
5 Planning Strategies to Use if Biden Repeals Stepped-Up BasisSuch a move would reverse "a century of tax law" and have "far-reaching ramifications," says tax expert Andy Friedman.
June 22, 2021
Avoiding the Once-Per-Year IRA Rollover TrapViolating this IRS rule is one of the most expensive mistakes a client can make.