Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Treasury Proposes Curbs on Use of Life and Annuities in Wealth Planning
By Allison BellClients might have to pay ordinary income taxes and a 10% penalty on cash taken from the arrangements.
March 12, 2024
More IRA Mistakes Clients MakeSome missteps are relatively easy to correct; others are more serious.
March 12, 2024
Ed Slott: 7 RMD, IRA and Estate Planning Points for 2024The IRA expert discusses tax-friendly income planning moves to consider before, and after, tax day.
March 11, 2024
12 Tax Changes in Biden's Second-Term AgendaBiden is seeking higher levies on investors and large businesses, while preserving some of his rival's cuts.
March 11, 2024
Biden Floats Net Investment Income Tax Hike in New BudgetThe administration hopes to squeeze $84 billion out of trusts, and a little out of private placement life insurance.
March 11, 2024
Biden's 2025 Budget Continues Fight Against Mega RothsThe proposal might limit rollovers into Roth IRAs and require some IRA holders to take big distributions.
March 11, 2024
Biden's $7.3T Budget Sets Up Tax Fight With TrumpNew services, middle-class tax breaks and price controls would be funded by higher taxes on the wealthy and corporations.
March 11, 2024
9 Things to Know About IRA Beneficiaries Under the Secure ActWhen it comes to inherited IRAs, different types of beneficiaries are subject to different withdrawal rules.