Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
A Closer Look at the DOL's Proposed Rollover Rule
By Thomas D. GiachettiThe updates would maintain a commitment to ensuring that fiduciary advice is provided in retirement investors' best interest.
December 01, 2023
The IRS Delayed Its Payment Reporting Rule Change Again. Is That Good for Taxpayers?The rule for payments via Venmo and other apps won't take full effect till 2025 at the earliest.
November 30, 2023
New Senate Bill Would End 'Buy, Borrow, Die' Strategy for Wealthiest InvestorsThe Billionaires Income Tax Act would require the wealthiest investors to recognize capital gains and losses every year.
November 28, 2023
Cetera Closes $1.2B Avantax DealIn purchasing the financial planning firm, Cetera grows its advanced tax and retirement capabilities for wealthy clients.
November 28, 2023
Government Shutdown Would Cause Tax Filing Nightmare, CPAs Warn IRSThe continuing resolution that's currently funding the IRS expires less than two weeks after tax season starts.
November 27, 2023
Don't Overlook Post-Retirement Roth Conversion BenefitsThe need to identify tax-savvy financial planning strategies doesn't disappear once clients stop working.
November 22, 2023
RMDs, Venmo Reporting and Other Tax Issues to Watch Now: Jeff LevineThe coming year or two will undoubtedly be a "tax crunch time," warns the self-professed "planning nerd."
November 22, 2023
IRS Again Delays $600 Reporting Requirement for Venmo Payments, CrowdfundingThe agency will phase in the reporting requirement with a higher threshold in 2024.