Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Trump’s Tax Bill Passes Senate
By Erik Wasson, Steven T. Dennis and Emily BirnbaumThe House is expected to vote on the bill this week, but success is not guaranteed.
June 27, 2025
July 4 Tax Bill Deadline Isn’t the ‘End All’ Date: TrumpRepublicans remain divided over several thorny issues, including size of the SALT deduction.
June 26, 2025
Debate: Should the Tax Bill Increase the Business Income Deduction?The Senate version of the bill would increase the QBI deduction to 23% and make other changes.
June 25, 2025
Key Republicans Signal 'Progress' on SALT DealHouse Republicans from high-tax states signaled they’re inching closer to a deal on the tax deduction.
June 24, 2025
Bessent Predicts Republicans Reach SALT Truce Within 48 HoursThe state and local tax, or SALT, deduction has vexed Republicans for weeks.
June 24, 2025
Trump Amps Up Pressure on GOP Holdouts on His Massive Tax Bill"NO ONE GOES ON VACATION UNTIL IT’S DONE," the president posted.
June 23, 2025
Meet the First Tax Planning Certified ProfessionalsThese self-professed lifelong learners mastered the American College’s newest certification course in mere months.
June 23, 2025
Senate Readies Tax Bill for Vote as Holdouts Threaten DelayPresident Donald Trump’s tax-and-spending agenda is nearing a climactic vote in the Senate this week.