Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Top Lawmakers 'Pulling Out All the Stops' to Pass Tax Bill With 100% Bonus Depreciation
By Melanie WaddellSen. Ron Wyden says it's critical to millions of businesses, but stiff GOP opposition remains in the Senate.
April 17, 2024
U.S. Tax Refunds Decline 3.3% This Year in Run-Up to DeadlineWhile the number of refunds dropped, the average amount received ticked higher.
April 17, 2024
Happy 60th Birthday. Time to Reduce Future RMDs.Traditional retirement accounts are "unlocked" at age 59.5, opening a window to act before RMDs start at 73.
April 17, 2024
Supreme Court Case Could Upend a Key Succession StrategyThe case involves a life insurance strategy intended to keep remaining shareholders in control after a key shareholder's death.
April 17, 2024
IRS Waives 2024 RMDs for IRA Beneficiaries Under 10-Year Rule"Here we go again," Ed Slott tells ThinkAdvisor.
April 15, 2024
Debate: Should the Government Force Mega-RMDs on Massive Retirement Accounts?A proposal in Biden's budget targets those who have saved at least $10 million in tax-preferred funds.
April 15, 2024
H&R Block Users Say They Can't File Their Taxes as Deadline LoomsDesktop users reported a "Bad Gateway" message; the company said Monday afternoon it had resolved the problem.
April 15, 2024
What Comes After the CFP? This Industry Group Offers an AnswerThe Investments and Wealth Institute says its advanced certifications for HNW advisors are in high demand.