Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
These IRA Mistakes Could Derail Your Clients' Retirement
By John ManganaroThere is a mountain of money socked away in IRAs, but that doesn't mean everyone understands the rules.
March 01, 2024
12 Worst Tax States for High EarnersPeople earning $150,000 in these locales have a state and local tax rate topping 10%, WalletHub found.
February 29, 2024
IRS Announces New Crackdown on High Earners Who Failed to File TaxesThe agency believes hundreds of millions of dollars of unpaid taxes are involved in these cases.
February 28, 2024
12 States With the Highest Property TaxesTypical households in these states pay far more in real estate taxes than the national average of $2,869.
February 28, 2024
Two Execs Join IRS as Crypto AdvisorsThe private-sector experts will help the agency boost enforcement on cryptocurrency and other digital assets.
February 23, 2024
12 States With the Lowest Property TaxesHouseholds in most of these states pay substantially less in annual property taxes than the national average of $2,869.
February 21, 2024
IRS Announces Interest Rates for Q2For individuals, the rate for overpayments and underpayments will be 8% per year.
February 21, 2024
New Ownership Reporting Rules Probably Apply to Your Small-Business ClientsOwners of existing businesses, including LLCs, must disclose ownership to FinCEN by Jan. 1.