Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
New York, New Jersey Muni-Bond Buyers Reap Net Yields Near 10%
By Nic QueroloIn states like California and Texas, investors in the top tax bracket can reap yields ranging from 8% to 10%.
October 25, 2023
Demand for RIAs Will Keep Growing, Schwab Execs SayToday's top clients want "real guidance," not product sales, Advisor Services head Bernie Clark says.
October 24, 2023
LPL Adds Tax Planning Service for AdvisorsThe offering pairs the firm's tax professionals with advisors to create proposals to improve clients' financial outcomes.
October 23, 2023
Massachusetts Doubles Estate Tax ExemptionYet the state is still "one of the most expensive places to die," Ed Slott says.
October 20, 2023
IRS Proposes Electric Car Tax Credits for Down PaymentsThe regulations, if finalized, would allow EV buyers to put the tax credit directly toward their purchase.
October 20, 2023
Texas to Vote on Wealth Tax Ban in NovemberVoters will decide on a constitional amendment banning wealth taxation at the state level.
October 18, 2023
4 States to Test-Run IRS Free Filing Tool in 2024Taxpayer eligibility will be limited to those with relatively simple returns, the IRS says.
October 17, 2023
How an IRS Contractor Leaked Tax Data on Trump, Bezos and MuskCharles Littlejohn stole tax information on thousands of wealthy Americans and leaked it to several media outlets.