Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Maine Governor Backs Millionaire Tax
By Greg RyanJanet Mills' flip-flop means she now endorses the 2% surtax, which would put the state's top tax rate at 9.15%.
March 31, 2026
Washington State Adopts Millionaires' TaxThe 9.9% tax on income over $1 million starts in 2028.
March 27, 2026
'Dirty Dozen' Tax Scams of 2026: IRSTaxpayers should be on the lookout for these new and emerging schemes, according to the agency.
March 25, 2026
Should Clients Take RMDs Early in the Year or Wait?Timing doesn't affect the amount that must be withdrawn, but both approaches have benefits and drawbacks.
March 24, 2026
What Clients Should Know About Buying a Second HomeWhether they're looking for a residence or an investment, there are financing, tax and estate planning issues to consider.
March 24, 2026
Mercer Preps Over 10,000 Tax ReturnsThe RIA doubled its tax team last year via M&As to 120 tax professionals, expanding its filing capacity.
March 20, 2026
Massachusetts Lost $4B of Income After Millionaire TaxThis movement occurred during the first year residents were subject to a 4% surtax on incomes over $1 million, the IRS says.
March 19, 2026
Debate: Should Medical Expenses Be Exempt From Itemized Deduction Limits?Legislation in 2025 created a cap on itemized deductions that will largely affect high-income clients.