Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
IRS Releases Roth Catch-Up Guidance
By Melanie WaddellNewly proposed regulations answer some major questions created by Secure 2.0.
January 10, 2025
Who Benefits Most From Extending Trump's Tax Cuts? Likely the Wealthy: TreasuryFamilies across the board would see lower taxes, but the largest cuts would go to the highest earners.
January 08, 2025
Early IRA and 401(k) Withdrawals: What to KnowClients who wants to tap retirement accounts before age 59.5 should know the rules — and the exceptions.
January 08, 2025
Trump Gathers SALT-Focused Allies Before Tax FightSome Republicans in New Jersey, New York and California want to raise the $10,000 deduction cap.
January 07, 2025
Why the AMT Could Come Roaring BackMore families and small businesses will have to do taxes twice if the 2017 cuts expire, a GOP congressman warns.
January 03, 2025
New York State Bill Could Double Annuity Income Tax Exemption for Older ResidentsThe proposed increase would apply to taxpayers 59 1⁄2 and older.
January 03, 2025
These 9 States Cut Income Tax Rates for 2025The lower rates became effective Jan. 1, according to the Tax Foundation.
December 31, 2024
What Clients Really Ask Accountants About AnnuitiesThe classics, like tax benefits or income deferral, never go out of style.