Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
These States Have Their Own Estate, Inheritance Taxes
By Michael S. FischerOne state has both, according to the Tax Foundation.
November 15, 2024
Chicago Nixes Property Tax HikeThe plan aimed to raise $300 million in property taxes to help close a budget gap of nearly $1 billion.
November 14, 2024
Debate: Should the SALT Deduction Cap Be Eliminated?The state and local tax deduction limit of $10,000 per federal return could expire after 2025.
November 14, 2024
There's More to Estate Planning Than Tax ExemptionsThe process offers significant non-tax benefits, even for mass affluent clients.
November 13, 2024
Goldman Sachs Consolidates Family Office PlatformThe firm has integrated its Ayco and private wealth management family office offerings.
November 13, 2024
No More Waivers: IRA Beneficiaries Must Take RMDs in 2025The IRS has been clear that additional taxpayer relief will not be forthcoming around these distributions.
November 13, 2024
Trump's Election and 2024 Tax Planning: What's an Uncertain Client to Do?Advisors and clients cannot let the uncertainty surrounding the future of tax rules paralyze them.
November 12, 2024
What the GOP's Tax Plan Might Actually Look LikeThe expanded estate tax exemption will likely remain, but SALT could be a sticking point, two experts say.