Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Trump Bends Congress to His Will on Tax Cut Agenda
By Erik Wasson and Steven T. DennisHis tax plan, which needs just a simple majority in both chambers, could be enacted as early as May.
February 21, 2025
Senate Budget Vote Leaves Hurdles For Trump Tax Cuts, Debt LimitThe Senate voted 52 to 48 to adopt a budget that would permit $340 billion in new spending.
February 19, 2025
Trump Backs $4.5T Tax Cut in House GOP Budget PlanThe president wants to "kickstart" all Republican priorities at once, he says.
February 14, 2025
Ed Slott: Roth Conversion Changes in Trump Tax-Cut Law Are Here to StayThe 2017 tax changes may have an expiration date, but the Roth recharacterization limits do not.
February 12, 2025
AARP Makes the Republican Case for Adding a Caregiver Tax CreditGOP survey takers liked the idea almost as much as they liked eliminating taxes on Social Security benefits.
February 12, 2025
House GOP Takes First Step Toward Tax Cuts, Debt Limit IncreaseThe plan requires $1.5 trillion in cuts over a decade in programs like Medicaid and SNAP.
January 23, 2025
14 Tax Changes Republicans Could Make in 2025Lawmakers are floating options like repealing interest deductions for student loans, mortgages and muni bonds.
January 22, 2025
SALT Talks Gain Steam With Trump’s Blessing on Tax BreakLawmakers want to finalize a figure for the deduction cap in the coming weeks, GOP representatives say.