Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Trump Vows to End Income Taxes on Americans Living Abroad
By Stephanie LaiCurrently, all expats must file tax returns but those who make $126,500 or less aren't required to pay any U.S. taxes.
October 07, 2024
Millions of Americans Dodging Taxes on Early Retirement WithdrawalsNearly 3 million taxpayers who received $12.9 billion failed to pay the extra 10% tax, a report finds.
October 03, 2024
IRS Direct File to Cover More States and Tax SituationsFor the 2025 tax season, the number of states will double, and Direct File will support retirement income.
October 03, 2024
Debate: Is the 20% Business Income Deduction Worth It?Our tax experts discuss whether the deduction is an equalizer for small businesses or just another exploitable loophole.
October 02, 2024
Protective Life CEO to Chair American Council of Life Insurers BoardRich Bielen will be 2025 chair; Thrivent's CEO will be the policy-shaping group's chair-elect.
October 01, 2024
15 Most Affordable U.S. Metro Areas: 2025Clever Real Estate ranked 100 metro areas on factors like taxes and percentage of income spent on housing.
September 30, 2024
Pre-Retirees and Retirees Prioritize Charitable Giving: SurveyRetirees tend to donate first, then volunteer, while pre-retirees do both in equal measure, Fidelity Charitable found.
September 25, 2024
How New IRS Annuity Rules Could Cause ConfusionAn insurer group worries about how RMDs will change for people who annuitize just some of their assets.