Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
How the 5-Year Rule Really Works With Inherited Roth IRAs
By Robert Bloink and William H. ByrnesClients should be advised to avoid inadvertently converting a tax-free account into one that generates tax liability.
March 13, 2025
Debate: Should Congress Extend Enhanced Premium Tax Credits?The credits are paid directly to health insurance providers, rather than to taxpayers, in exchange for reduced premiums.
March 13, 2025
U.S. Finalizes Partnership Basis-Shifting Loophole RegulationsIt’s critical for small-business partners to evaluate transactions to avoid running afoul of the new rules.
March 13, 2025
8 Overlooked Tax Deductions and CreditsThese breaks can go a long way toward helping clients reduce their tax liability as much as possible.
March 12, 2025
12 States With the Highest Property Taxes: 2025Some states' residents face the double whammy of high tax rates and high property values.
March 12, 2025
22% Tax Hike Coming if Trump Cuts Expire: Ways and Means ChiefEverything is on the table, including retirement planning incentives, Rep. Jason Smith says.
March 10, 2025
New Bill Doubles Social Security Tax ThresholdThe Tax Relief Unleashed for Seniors by Trump Act would also index the gross income exclusion to inflation.
March 10, 2025
Key Republican Says There's 'No Question' SALT Cap Will Get a BoostOne possibility is doubling the cap for joint filers.