Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Tax Overhaul Could Mean $19 Billion Less in Donations Each Year: Study
By Michael S. FischerA study looked at ways to incentivize charitable giving by taxpayers who don't itemize deductions.
May 24, 2019
Sanders Revives Plan to Tax Stock, Bond and Derivatives TradesThe tax would be a disincentive for high-frequency trading and help middle-income Americans who helped foot the bill for the bailout of financial institutions after the 2008 market crash, Sanders said.
May 24, 2019
IRS to Taxpayers: Check Your Tax WithholdingIt's recommending a withholding "checkup" especially for two-income families, workers with multiple jobs and taxpayers who adjusted withholding in 2018.
May 24, 2019
Sen. Wyden Floats Tax Bill to Close Carried Interest LoopholeWyden calls the break for fund managers "One of the most indefensible loopholes in the tax code."
May 24, 2019
Natural Disasters Cause Losses of Many KindsThis could be a year when too many of your clients will face devastation due to natural disasters.
May 21, 2019
Surprise! A Dramatic Tax Increase for College Students on ScholarshipA correction of this unintended consequence of the 2017 tax cut bill is included the Secure Act, up for a vote this week.
May 20, 2019
IRS Audits on Wealthiest Americans PlummetAudit rates plunged 54% for those with AGIs of $10 million or more and 46% for those earning between $5 million and just under $10 million.
May 16, 2019
Ladenburg Rolling Out New Tax App for Indie AdvisorsThe network of independent broker-dealers aims to help advisors and clients with 1099-related processes.