Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
IRS Proposes Electric Car Tax Credits for Down Payments
By Robert Bloink | William H. ByrnesThe regulations, if finalized, would allow EV buyers to put the tax credit directly toward their purchase.
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.
October 17, 2023
4 Tax and Planning Tips for Retiring AbroadForeign laws can affect expats' retirement income and estate plans in ways they might not expect.
October 16, 2023
Ed Slott: RMDs Are a Nightmare This Year. Here's What Advisors Should Do."Keep this guide on your desk!" Slott urges.
October 16, 2023
Raymond James to Use J.P. Morgan's 55ip Tax-Smart Portfolio ToolThe broker-dealer is the first to use 55ip's technology across its full suite of managed account services.
October 13, 2023
Social Security's 2024 COLA, While Modest, Could Still Trigger Higher TaxesThough the COLA is lower than last year's, it could still push seniors over key thresholds.
October 12, 2023
Tax Gap Jumps to $688B, IRS ProjectsNonfiling, underreporting and underpayment contribute to the revised increase for 2021, the agency says.
October 12, 2023
IRS Misled Taxpayers About Free Filing Tool, Watchdog Report SaysTaxpayer interest in a Direct File tool may be overstated due to flawed survey design, according to a report.