Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Top 10 Tax Facts for 529 Savings Plans in 2019
By Robert Bloink | William H. ByrnesMany clients are somewhat confused by 529 plans, and Trump's tax reform law added to that confusion.
March 15, 2019
Do Not Trust Your Compliance Consultant's Legal AdviceA consultant's advice on a complex legal issue, like charging fees for advising a family member, should not be trusted.
March 15, 2019
Treasury Repeals Nearly 300 Tax Regulations in 'Deadwood' DumpTreasury Secretary Mnuchin said the regs "serve no useful purpose to taxpayers."
March 14, 2019
IRS Relief for Tax Underpayment: Bloink & Byrnes Go Thumb to ThumbBecause of the huge tax law change, the IRS is providing penalty relief to taxpayers who underpaid during 2018--but is it too much?
March 11, 2019
Trump 2020 Budget Squeezes Social Security, Medicare: Alicia MunnellSen. Bernie Sanders tweeted that the budget is "breathtaking in its cruelty."
March 10, 2019
Bull Market Turns 10: Do You Know Where Your Portfolio Is?If you haven't rebalanced in a while, you may be in for a shock, Envestnet's Tim Clift says.
March 08, 2019
Charitable Giving by Taxpayers Who Don't Itemize PlungesTaxpayers who itemize are twice as likely to donate as non-itemizers, United Way finds.
March 07, 2019
IRS Warns Taxpayers, Pros to Beware of Identity TheftThe IRS has made inroads against this scam in recent years, it says, but new cons keep proliferating.