Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
This Simple Mistake Turns an Inherited IRA Into a Tax Bomb
By Robert Bloink and William H. ByrnesBeneficiaries often overlook one step, inadvertently causing the entire account balance to become currently taxable.
June 03, 2025
Senate Begins Work on Giant Tax BillHere's how the House and Senate differ on SALT deductions, estate taxes and business tax cuts.
June 02, 2025
10 Big Social Security Mistakes Advisors MakeWith the complexity of the claiming process, even financial pros can get tripped up now and again.
May 29, 2025
How to Make the Most of RMDsFor clients with more complex financial situations, logistical issues surround when and how the distributions are taken.
May 29, 2025
How 'Trump Accounts' for Children Would WorkThe accounts would offer more spending flexibility but fewer tax benefits than 529 plans.
May 28, 2025
4 Pro Tips for Funding and Using 529 PlansFor 529 Day, here's how to help clients make the most of this tax-friendly college planning strategy.
May 28, 2025
Stop Taxing Expats on Foreign Income, Groups Say as Senate Weighs Tax BillAmericans living abroad should be taxed only on U.S.-sourced income, advocacy groups argue.
May 28, 2025
Rush to Launch Vanguard-Style Funds Draws WarningsAdding ETF share classes to mutual funds could mean taxable gains get passed on to ETF investors.