Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Government Shutdown Would Cause Tax Filing Nightmare, CPAs Warn IRS
By Melanie WaddellThe continuing resolution that's currently funding the IRS expires less than two weeks after tax season starts.
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.
November 22, 2023
These Tax Cuts Are Sunsetting in 2026. Are Your Clients Ready?A number of potentially far-reaching tax changes are on the horizon.
November 22, 2023
9 Tax-Saving Strategies for Year-End 2023: Advisors' AdviceAdvisors shared some tax planning moves you might not have thought of.
November 21, 2023
Schwab System Quirk Could Create RMD Headaches for Former TD ClientsAdvisors who recently moved to Schwab should check on their clients' monthly withdrawals, an advisor warns.
November 20, 2023
Estate Planning: 5 Seasonal Thoughts on Clients' MindsAs clients celebrate the holidays with family, there's ample time to have important conversations.
November 20, 2023
Debate: Will the New DOL Fiduciary Rule Hurt Retirement Investors?Two professors disagree on the extent to which advisors would limit their counsel should these protections be enacted.
November 15, 2023
New Tax Credit Boosts Appeal of Used Electric CarsFor taxpayers who qualify, the Section 25E credit can make buying a used electric vehicle more affordable.