Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Trump Advisors Battle for Sway on Taxes, Fed Policies
By Nancy Cook, Saleha Mohsin & Catarina SaraivaInformal advisors want a flat tax, penalties for nations that abandon the U.S. dollar and Federal Reserve reforms.
April 26, 2024
New Bill Halves Estate TaxThere is some bipartisan agreement that estate tax laws should make allowances for small businesses, Jeff Bush says.
April 25, 2024
Don't Let RMD Relief Blind IRA Beneficiaries to the Big PictureThose who don't take distributions now could face bigger RMDs at higher tax rates later.
April 24, 2024
Two Ways Advisors Can Add Value, Without Picking Stocks"The industry's historical model of how we add value is under threat," MyVest CEO Anton Honickman says.
April 23, 2024
Only 26% of Americans Have an Estate PlanWorking with an advisor is the largest variable in whether respondents allocate their assets, a FreeWill survey found.
April 23, 2024
10 States With the Most Income Tax WriteoffsTaxpayers with expenses like mortgage interest can often write off far more than the standard deduction.
April 19, 2024
Top Lawmakers 'Pulling Out All the Stops' to Pass Tax Bill With 100% Bonus DepreciationSen. Ron Wyden says it's critical to millions of businesses, but stiff GOP opposition remains in the Senate.
April 18, 2024
Trump Mulls a Tax Cut That Could Slash Social Security: ReportTrump has told advisors he's considering a cut to the federal payroll tax, Reuters reports.