Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Bessent Sets July 4 Goal for Tax Bill as Economic Worries Mount
By Erik WassonPolling shows that voters largely disapprove of the White House’s handling of the economy.
April 23, 2025
Trump Says Millionaire Tax Would Push Wealthy to Leave the U.S.But some Republicans are open to raising levies on top earners to help pay for other parts of Trump’s agenda.
April 23, 2025
New Bill Cuts Capital Gains Taxes for Some High EarnersThe legislation moves the long-term capital gains tax thresholds to align with income tax brackets.
April 10, 2025
House Passes Plan to Advance Trump Tax CutsRepublicans can now pass Trump’s $5.3 trillion decade-long tax cut solely on GOP votes.
April 10, 2025
House Republican Sees SALT Deduction Limit Rising to $30,000The draft tax bill includes a SALT increase as high as $25,000 for an individual.
April 09, 2025
15 Most Tax-Friendly States: 2025Property, sales and income tax rates alone don't tell the whole story of taxes' true impact, WalletHub finds.
April 08, 2025
Republicans Warm to Millionaire Tax HikeA new 40% tax bracket for millionaires is seen as a way to offset some new tax cuts.
April 07, 2025
Trump’s Tariffs Raise Tax-Cut Stakes With Recession Fears RisingTrump’s much bigger-than-expected tariff hikes increase the urgency of the Republican tax-cut package.