Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
NJ Lawmaker Seeks to Lift SALT Cap to $80,800 for Married Filers
By Nacha CattanRep. Josh Gottheimer said the upcoming fast-track spending legislation is the "perfect vehicle" to push for more deductions.
March 20, 2026
Massachusetts Lost $4B of Income After Millionaire TaxThis movement occurred during the first year residents were subject to a 4% surtax on incomes over $1 million, the IRS says.
March 06, 2026
A Sliver of NYC's Wealthy Has Unusual Rallying Cry: Tax Me MoreA group that includes an ex-BlackRock managing director says rich residents can afford to pay more into city coffers.
January 28, 2026
Mamdani Pushes for Tax Hikes on Wealthy New Yorkers to Fill Budget GapThe new mayor campaigned on raising income tax rates by 2 percentage points on those earning over $1 million a year.
January 27, 2026
Billionaire Tom Steyer Says He'd Vote for California Wealth TaxThe candidate for governor said he'd vote for the one-time 5% tax on billionaire wealth if it reaches the November ballot.
January 06, 2026
Trump Warns He'll Be Impeached If Republicans Lose MidtermsThe high cost of living, an issue Trump ran on in 2024, remains at the top of voters' minds.
December 04, 2025
9 Tax Breaks for Clients Claiming the Standard DeductionThere are various ways for middle-class taxpayers to keep more of their hard-earned money.
November 17, 2025
For High Earners Reluctant to Go Roth, There's Another 'Catch-Up' OptionWorkers who must make 401(k) catch-up contributions to a Roth next year could fund an HSA instead.