Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
'Thousands' of New Vanguard-Style ETFs Seen in $8.4T Market
By Katie Greifeld & Emily GraffeoFidelity, Morgan Stanley and Dimensional Fund Advisors want to use the multi-share class structure due to its tax advantages.
February 16, 2024
Comments Close on IRS' Excise Tax Plan for Donor-Advised FundsThe proposed rule is intended to prevent misuse of DAFs by enforcing excise taxes on non-charitable distributions.
February 15, 2024
SALT Deduction Bill Fails Test Vote in HouseRep. Lawler, R-N.Y., said that, while disappointed, he'd keep up the fight for his bill.
February 15, 2024
Fidelity Charitable Donors Granted Record $11.8B in 2023Funds went to 199,000 unique organizations during the year, supporting both U.S.-focused and international causes.
February 15, 2024
Bezos Reaps Florida Tax Benefit With $4B Amazon Share SaleA capital gains tax in Washingon, where the Amazon executive chairman lived earlier, now faces a ballot measure seeking to repeal it.
February 14, 2024
SALT Deduction Bill Heads for House VoteThe SALT Marriage Penalty Elimination Act would double the deduction cap for joint filers for 2023.
February 14, 2024
IRS Sets Saturday Office HoursFunding to expand the availability of taxpayer assistance centers comes from the Inflation Reduction Act.
February 14, 2024
Goods, Services and You: Get Ready for New IRS Reporting Rules in 2024Millions of taxpayers who generate income via online platforms may be receiving Form 1099-K for the first time.