Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
The Concept of the Retirement Nest Egg Is Cracked
By Joe ElsasserSuccessful advisors are now adopting a "carton" approach to retirement assets.
November 08, 2019
Avoiding Roth IRA Conversion Tax TrapsOne potential trap in converting to a Roth applies to clients who have yet to reach age 59 ½.
November 07, 2019
IRS Seeks to Adjust RMDs for Longer LivesThe proposed regs "recompute required distributions from IRAs, 401(k)s, and similar plans," says former tax attorney Andy Friedman.
November 07, 2019
Opportunity Zones Under Fire in CongressLawmakers are introducing bills and initiating investigations focused on alleged preferential tax treatment for billionaires and the well-connected.
November 06, 2019
IRS Bumps Up 401(k) Contribution Limit for 2020The tax authority has announced contribution limits and deduction phase-outs for retirement accounts next year.
November 06, 2019
McConnell Pushes for Immediate Secure Act VoteThe majority leader is trying again after a failed attempt in late October.
November 05, 2019
Half of Donors Have Changed Giving Strategy Since Tax Reform: FidelityYet few have reduced their giving since before the tax law was enacted, Fidelity Charitable reported.
November 04, 2019
Opportunity Zone Funds: Who Really Benefits?There are signs that tax breaks trump community benefits. Case in point: A new draft IRS form.