Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
House Tax Bill Extends Crucial Deductions for Business-Owning Clients
By John ManganaroThe bill reinstates 100% bonus depreciation and increases the break on qualified business income.
May 14, 2025
Here Are the Tax Bill's Winners and LosersThe rich, for instance, would dodge a tax increase and be able to pass more wealth to heirs.
May 13, 2025
House Tax Plan: The Details Advisors Need to KnowJeff Levine breaks down key provisions of the House Republicans' draft tax bill, up for debate Tuesday.
May 13, 2025
These 10 States Are Most Vulnerable to a Recession, Study FindsThe majority of the weakest states are in the South and Mountain regions, National Business Capital researchers found.
May 12, 2025
House Tax Bill Calls for $30,000 SALT, Omits Millionaire TaxThe bill aims to cut taxes by over $4 trillion and trim spending by at least $1.5 trillion over a decade.
May 12, 2025
Ed Slott: New Tax Bill Draft Is 'Very Taxpayer Friendly'The GOP plan cuts taxes across income levels, but "something has to give" in terms of pay-fors, he says.
May 12, 2025
House Tax Panel Releases Partial Version of Trump BillMany proposals that Republicans have been discussing recently, like a tax hike for millionaires, are absent from the bill.
May 09, 2025
GOP Eyes Endowment Tax HikeRepublicans are reportedly considering boosting the 1.4% endowment tax to rates as high as 14% to 21%.