Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
IRS Releases FAQ on Tax Deadline Extensions
By Melanie WaddellIn particular, the deadline for 2019 IRA contributions has also been extended.
March 18, 2020
'Side Gig' Losses: 9 Tax Rules to Determine Hobby or Business ActivityMany taxpayers have "side gigs" that can involve gains or losses that are big enough to have important tax implications.
March 18, 2020
How an Advisor Helps MLB Players Hurt by Tax ReformAdvisor Joseph Geier tells ThinkAdvisor how he helps his clients manage the new tax rules and minimize the dreaded "jock tax."
March 17, 2020
IRS Delays Tax Payment Deadline for 90 DaysIndividuals can defer up to $1 million in tax payments; the administration is also considering direct payments.
March 12, 2020
7 Keys of Secure Act's Annuity Safe Harbor in Retirement PlansMore clients are likely to see an annuity option in their 401(k) in the near future, so it's important they know what to watch out for.
March 12, 2020
Kitces Moves to Buckingham Wealth From PinnacleHis director of advisor education, Jeff Levine, is making the move, too. Here's what it means for their "nerdy" brand.
March 11, 2020
Treasury Weighs Extending Tax Filing Deadline Due to VirusTreasury Secretary Mnuchin told a congressional committee an extension would increase liquidity into the U.S. economy.
March 10, 2020
Pressure Mounts on Lawmakers to Contain Virus' Economic Fallout"Policy action now would help avoid opening the door to more radical ideas," according to BlackRock.