Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Market Reaction to Biden's Capital Gains Tax Plan Surprises Political Pundits
By Melanie WaddellBiden's tax proposals are an opening salvo in the negotiation process, political watchers say.
April 19, 2021
Should Repayment of ACA Tax Credits Be Suspended?Two professors debate the suspension of repayment obligations for excess health insurance premium tax credits for 2020.
April 16, 2021
Here's What's Wrong With Raising RMD Age to 75, According to Retirement Experts"Delaying RMDs to age 75 is truly a solution in search of a problem," Morningstar's Christine Benz says. Others concur.
April 15, 2021
Advising Clients on IRA Contributions After Age 70½The Secure Act removed the age restrictions on traditional IRA contributions. Here's what advisors should know.
April 15, 2021
SALT-Cap Repeal Gains MomentumHouse members are forming a bipartisan group to push for a repeal of the $10,000 cap on state and local tax deductions.
April 14, 2021
Top 12 Overlooked Tax Deductions: 2021Don't let your clients leave tax breaks on the table.
April 13, 2021
U.S. Likely Failing to Collect $1 Trillion a Year in TaxesCryptocurrency and tax evasion by the wealthy contribute to the tax gap, IRS Commissioner Rettig says.
April 09, 2021
12 States With Lowest Taxes in AmericaWalletHub looked at income, property, sales and excise taxes in each state.