Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
GOP Senators Block Tax Bill With 100% Bonus Depreciation
By Melanie WaddellRepublican senators stopped further action Thursday on The Tax Relief for American Families and Workers Act of 2024.
July 30, 2024
Senate to Vote on Tax Bill With 100% Bonus DepreciationThe Senate majority leader plans a Thursday vote on the Tax Relief for American Families and Workers Act.
July 30, 2024
What the New Emergency Retirement-Distribution Draft Guidance Means for AnnuitiesThe latest IRS draft guidelines includes two new ways for clients to tap their nest eggs under the Secure 2.0 Act.
July 29, 2024
IWI Rolls Out New Courses for AdvisorsOne class focuses on the financial planning needs of entrepreneurs, small business owners and aspiring executives.
July 26, 2024
How a Generative AI System Handled a 401(k) QuestionChatGPT is prefacing some answers with "it depends on the situation," which is where financial advisors come in.
July 25, 2024
UBS Grilled Over $350M Tax Evasion CaseA senator is looking into accounts held by a former military contractor who sold $7 billion of jet fuel to the U.S.
July 24, 2024
New RMD Regs Back Annuity-Based Stretch IRAs, Advisor SaysThe tax code shows that SPIAs can offset the loss of the old school stretch IRA, Gary Mettler contends.
July 22, 2024
IRS Providing Tax Relief to Hurricane Beryl Victims in TexasTaxpayers in 67 counties now have until Feb. 3 to file various federal individual and business returns.