Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
CPAs Urge Lawmakers to Extend PPP Loan Application Deadline
By Melanie WaddellBorrowers are facing urgent tax and compliance challenges, AICPA's Lisa Simpson says.
March 08, 2021
3 Things Advisors Should Know About Social Security and TaxesSocial Security's tax rules are confusing even to tax professionals, but knowing these basics will help you answer clients' questions.
March 08, 2021
Lawmakers Urge IRS to Extend Tax Filing Deadline"We demand that the IRS announce an extension as soon as possible," Reps. Neal and Pascrell said.
March 08, 2021
Here's What's in the Senate's $1.9T Relief PackageMore than 85% of American households will get direct payments of $1,400 per person, Biden said.
March 05, 2021
Senate Democrats Change Jobless Aid in Stimulus BillThey reduced weekly supplemental unemployment benefits but extended the length of the program.
March 03, 2021
Crum & Forster Closes Monitor Life AcquisitionMonitor Life came to the rescue of the United Nations' credit union members.
March 03, 2021
IRS Drafts Update of Pension and Annuity Income GuideSome major changes relate to COVID-19 distributions and disaster tax relief.
March 01, 2021
Richest 100 Americans Would Pay $78B Under Warren TaxThe bill stipulates that households with a net worth of over $50 million would pay a 2% yearly tax on their wealth.