Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
This Is How the World's High-Tax Countries Do It
By Justin FoxThe United States is a little over the median.
February 13, 2019
Imagine Canada Becoming a Tax Haven for AmericansA major U.S. tax hike on the wealthy could tempt high earners to look north.
February 13, 2019
Sen. Warren Reintroduces Graduate Student Savings ActThe bill allows funds from graduate students' stipend or fellowship to be deposited into an IRA.
February 12, 2019
IRS Enters Tax Season 'Inundated,' Says Taxpayer AdvocateThe IRS was already struggling with a heavy workload and aging technology. Then the shutdown hit.
February 07, 2019
Unpacking IRS' 199A Regs: Final vs. Proposed RulesThe final rules contain some twists that may surprise clients who are currently calculating their 2018 tax liability.
February 07, 2019
Trump Says He's 'Open' to Changing SALT CapBut Senate Finance Committee Chairman Charles Grassley (R-Iowa) opposes the idea, which essentially nixes any change soon.
February 06, 2019
US Banks Saved $21B in Taxes Last Year Due to Tax OverhaulDespite the savings, banks cut staff and reduced lending.
February 06, 2019
Trump's 'Opportunity Zones' Tax Break Is Under Assault in NYA state senator whose district includes the site for Amazon's planned office building wants to curb the benefit for developers.