Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
New Bill Changes Estimated Income Tax Payment Deadlines
By Melanie WaddellThe Tax Deadline Simplification Act would ensure the quarterly deadlines are spaced three months apart.
June 22, 2023
Debate: Is Increasing the Standard Deduction the Best Way to Fight Inflation?Our tax experts weigh in on whether legislators should focus on expanding the child tax credit instead.
June 22, 2023
Charitable Giving in Focus on June 27 WebcastJoin this expert panel discussion on trends in philanthropy, the use of donor-advised funds and more updates for advisors and their clients.
June 21, 2023
Roth IRA Transfers and Divorce: Don't Forget the 5-Year RuleClients transferring Roth assets in a divorce settlement often overlook this critical issue.
June 20, 2023
7 Reasons Not to Make a Roth ContributionMaking Roth contributions can be a good retirement savings strategy, but not for every client or situation.
June 14, 2023
House Panel Passes GOP Tax Plan to Raise Standard DeductionEd Slott said the plan included "common sense" provisions. The panel's top Democrat called it "Tax Scam 2.0."
June 12, 2023
Big GOP Tax Package Would Boost Standard DeductionThe legislation would also repeal a controversial IRS reporting change for payments through apps like PayPal and Venmo.
June 09, 2023
3 Tax-Smart Strategies to Help Clients Plan for CollegeHigher education is a significant investment for many families, but advisors can make it less daunting.