Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Trump Says He's 'Open' to Changing SALT Cap
By Lynnley BrowningBut Senate Finance Committee Chairman Charles Grassley (R-Iowa) opposes the idea, which essentially nixes any change soon.
January 31, 2019
Trump May Consider Herman Cain for Fed BoardPresident interviewed former Godfather's CEO on Wednesday; Cain's presidential run ended in sexual misconduct scandal.
January 31, 2019
IRS Faces Backlog as Tax Season Gets UnderwayThe shutdown has compounded difficulties as the IRS scrambles to implement the new tax law, AICPA says.
January 30, 2019
Richest in US Have a Few Tricks to Avoid Democrats' Tax PlansAs any HNW-focused advisor knows, when it comes to reducing taxes, high earners have plenty of (legal) options.
January 29, 2019
GOP Senators Reintroduce Bill to Repeal Estate TaxThe Death Tax Repeal Act of 2019 is unlikely to gain traction with Democrats.
January 29, 2019
Postcard Premiere of IRS Form 1040: Bloink & Byrnes Go Thumb to ThumbDoes the newly designed Form 1040 simplify the tax filing process or simply result in more confusion?
January 28, 2019
CBO Forecasts a Slowing US Economy and Rising Budget DeficitGDP will slow every year through at least 2021 while the budget deficit rises, eventually topping $1 trillion in 2022.
January 25, 2019
Look Before You Leap: The New Expanded HRAsThe government's new proposed regulations expand the value of HRAs but are complex and need to be scrutinized.