Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
White House Mulls Capital Gains Tax Break That Would Benefit Wealthy
By Saleha MohsinTrump could bypass Congress and enact the cut by executive order, though he'd likely face a legal challenge.
June 14, 2019
Opportunity Zone Investing: What Advisors Should Know About Deferring K-1 GainsThe deadline for making a deferral to reduce current tax liability is rapidly approaching.
June 14, 2019
IRS Redesign Bill Poised to Arrive on Trump's DeskThe newly passed version of the Taxpayer First Act dropped a provision barring the IRS from creating free tax-prep software.
June 12, 2019
IRS Kills State Workarounds for SALT Deduction LimitThe regulation limits the deductibility of contributions to charitable funds designed to get around the $10,000 limit.
June 12, 2019
Tax Law Alters Advisor-Client Conversations About Charitable GivingHalf of advisors in a Fidelity Charitable poll said clients increased their giving overall.
June 12, 2019
Senate Working to Pass Secure Act Retirement Bill: GrassleySenate Finance Committee Chairman Chuck Grassley tells ThinkAdvisor that timing is uncertain, and lays out three possibilities.
June 10, 2019
Tax Overhaul Could Mean $19 Billion Less in Donations Each Year: StudyA study looked at ways to incentivize charitable giving by taxpayers who don't itemize deductions.
June 05, 2019
So Your Client Wants to Marry a Non-Citizen? Buckle Up.Michelle Soufan of TFC Financial talks to ThinkAdvisor about how to help your clients navigate this complicated process.