Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Ed Slott: Roth Conversion Changes in Trump Tax-Cut Law Are Here to Stay
By John ManganaroThe 2017 tax changes may have an expiration date, but the Roth recharacterization limits do not.
February 10, 2025
Trump Tax Cuts’ Cost Estimated at $5T to $11TSome of the president's proposals affect Social Security, overtime pay, tips and SALT deductions.
February 07, 2025
Trump Takes Aim at Private Equity’s Favorite Tax Perk AgainThis could reduce the deficit by $13 billion through 2034, according to the Congressional Budget Office.
February 07, 2025
Debate: Does the U.S. Benefit From Trump’s Tariffs?If tariffs on Canada and Mexico become effective, a 25% levy will be imposed on virtually any product from these countries.
February 06, 2025
The Social Security and Medicare Consequences of 'Unretirement'It's critical that clients understand the financial repercussions of returning to work before they decide to unretire.
February 06, 2025
Trump Will Seek to End Carried Interest, Expand SALT Deduction in Tax BillThe president would also like to end breaks for sports team owners, his press secretary says.
January 31, 2025
New Bill Would Revamp IRSThe legislation would make "common-sense fixes" to the agency, say Sens. Mike Crapo and Ron Wyden.
January 30, 2025
Tax Tips When Naming a Trust as IRA BeneficiaryRMD rules for trusts are different than those for other beneficiaries.