Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Taxpayers' Gift Tax Bill Rose to $2.8 Billion in 2021
By Allison BellA newly released table for 2021 shows that 1,101 taxpayers owed $1 million or more.
July 28, 2023
Direct Indexing Isn't Just for StocksAs awareness grows and usage broadens, experts anticipate that direct indexed SMA assets could surpass $800 billion by 2026.
July 28, 2023
IRS Names Strategy Chief to Spearhead Use of $80B Funding BoostDavid Padrino will focus on short- and long-term improvements under the agency's new operating plan.
July 26, 2023
Hunter Biden's Plea Deal on Tax Charges in LimboA hearing over the plea agreement tied to misdemeanor tax crimes and a firearm violation ended on Wednesday without resolution.
July 25, 2023
Debate: Will 2023 RMD Relief Come Back to Haunt IRA Beneficiaries?Some IRA beneficiaries may actually face higher total tax liability, one of our Tax Facts experts argues.
July 25, 2023
GAO to DOL: Pay More Attention to 403(b) PlansThe report could also boost efforts to apply a fiduciary rule to non-ERISA 403(b) plans.
July 24, 2023
IRS Halts Most Unannounced Home VisitsThe change is a response to safety concerns for both agents and taxpayers, the IRS says.
July 24, 2023
6 New IRS Guidelines Advisors Should KnowDigital assets, RMDs, and HSAs are just a few of the topics addressed so far in 2023.