Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Ed Slott: IRS Just Made QCD Reporting Easier, but Questions Remain
By Melanie WaddellClients can now get 1099s for their qualified charitable distributions. Still, advisors must ensure clients follow the rules.
April 29, 2025
Tax Court Judge Notices a Couple Keeping an AnnuityThe judge interpreted a rational asset sale strategy as a sign the couple wasn't under severe financial pressure.
April 29, 2025
Bessent Sets July 4 Goal for Tax Bill as Economic Worries MountPolling shows that voters largely disapprove of the White House’s handling of the economy.
April 28, 2025
Washington State Tax Hikes Target Tech Giants That Made It RichLawmakers seek to bridge a record budget deficit by shifting more taxes to Amazon.com and Microsoft Corp.
April 27, 2025
Trump Floats New Income Tax CutThe president says his tariffs would help him lower income taxes for those making less than $200,000 a year.
April 24, 2025
Silver Lining Amid Market Turmoil? Company Stock DistributionsThe net unrealized appreciation strategy can make sense for clients anticipating lower tax rates down the road.
April 24, 2025
Debate: Should the Top Tax Rate Return to 39.6%?Debate over extending the 2017 tax cuts is tied to increasing the rate on income above $1 million.
April 23, 2025
Trump Says Millionaire Tax Would Push Wealthy to Leave the U.S.But some Republicans are open to raising levies on top earners to help pay for other parts of Trump’s agenda.