Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Beware the Social Security Tax Torpedo: Wade Pfau
By Jane Wollman RusoffStarting early with an aggressive Roth IRA strategy can help even wealthy clients minimize the tax damage, the professor tells ThinkAdvisor.
May 28, 2021
13 States Where Social Security Benefits Are TaxedHow, and whether, Social Security benefits are taxed varies widely by state, according to the Tax Foundation.
May 27, 2021
How to Help Clients Avoid Capital Gains TaxesBiden has proposed higher capital gains tax rates. Advisors can help their clients reduce or avoid such taxes.
May 26, 2021
Are Advisors Ready for a 'Gray Divorce' Explosion?An expected divorce wave after the pandemic means many boomers will be looking for new advisors, Haleh Moddasser tells ThinkAdvisor.
May 21, 2021
4 Steps to Prepare Clients for Tax Hikes Under BidenAdvisors need to plan today for how future tax increases will affect their clients.
May 21, 2021
Everything You Need to Know About Biden's Capital Gains Tax PlanHere's what the president is proposing and how advisors can help clients reduce or avoid capital gains taxes.
May 21, 2021
How Retirees Can Avoid Tax Traps in Social Security, Medicare, Capital GainsWell-meaning retirement income moves can often have surprising tax consequences.
May 20, 2021
New Bill Could Help Schools Use Multiple Employer Retirement PlansThe Grassley-Lankford bill, which has a Democratic cosponsor, would open MEPs up to 403(b) plans.