Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Big GOP Tax Package Would Boost Standard Deduction
By Melanie WaddellThe legislation would also repeal a controversial IRS reporting change for payments through apps like PayPal and Venmo.
April 18, 2023
House Dems Revive Bill to Close Carried-Interest LoopholeThe Ending Wall Street Tax Giveaway Act would tax carried interest as ordinary income.
April 18, 2023
Bernie Sanders Floats New Estate Tax BillThe legislation aims to reduce the estate tax exemption to $3.5 million.
April 04, 2023
New Bill Revives GOP Push to Repeal Estate Tax"The real issue here is the income tax benefit, which is not mentioned," says financial expert Ed Slott.
March 24, 2023
Debate: Should Congress Cap the Pass-Through Tax Deduction for Businesses?Our two tax experts discuss how changing the QBI deduction rules could affect small businesses.
March 22, 2023
IRS Seeks Feedback on Tax Treatment of NFTsThe agency is seeking comments on the treatment of NFTs as collectibles.
March 21, 2023
Sens. Warren, Sanders Urge Crackdown on TrustsUltra-wealthy investors' "wealth managers are bragging" about the effectiveness of their "tax dodging tricks," the senators write.
March 16, 2023
Debate: Would Biden's Proposed Payroll Tax Hike Protect Medicare's Solvency?Our tax experts discuss the president's plan to raise the payroll tax for workers earning over $400,000.