Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
House Panel Crafting Bill to Limit IRA Savings
By Melanie WaddellCiting Peter Thiel's $5B Roth IRA, Ways and Means Chairman Neal tells ThinkAdvisor he's working on legislation to "stop IRAs from being exploited."
June 25, 2021
Jamie Hopkins: How a Capital Gains Tax Hike Will Affect AdvisorsThe proposed tax increase will have a major impact on advisors who plan to sell their firms, Carson Group's managing partner of wealth solutions says.
June 23, 2021
ACA 'Medicare Tax' Revenue Should Go to Medicare: Senior Citizens LeagueRevenue from a second ACA Medicare tax does go to Medicare.
June 22, 2021
5 Planning Strategies to Use if Biden Repeals Stepped-Up BasisSuch a move would reverse "a century of tax law" and have "far-reaching ramifications," says tax expert Andy Friedman.
June 17, 2021
Here's Where Most of the Tax Gap Comes FromUnpaid estate taxes, a budget group said, account for "a very small part of the overall gross tax gap."
June 16, 2021
Biden's Estate Tax Overhaul: Forewarned Is ForearmedWhile it may not come to fruition, the American Families Plan includes the largest tax increase on the wealthiest in over a century.
June 10, 2021
Millionaire Surtax Bill Revived in CongressThe bill would apply an additional 10% tax to incomes above $2 million for married couples or above $1 million for individuals.
June 08, 2021
A Reality Check on Biden's Tax, Infrastructure Plans From Schwab's Man in WashingtonSchwab's legislative and regulatory affairs representative, Mike Townsend, discusses how much of Biden's agenda he thinks is achievable.