Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
The 5 Biggest Retirement-Related Tax Breaks
By Allison BellThese tax code provisions help clients but increase the budget deficit.
March 28, 2022
Top 10 Retirement Reforms in Bill Up for House Vote TuesdayPassage by the House of the Securing a Strong Retirement Act of 2022, or Secure Act 2.0, is anticipated late tomorrow.
March 28, 2022
IRS Reminds Retirees of April 1 RMD DeadlineThis is the last day to begin receiving requirement minimum distribution payments from IRAs, 401(k)s and similar retirement plans.
March 28, 2022
Biden Adds New Tax on Wealthy to $5.8T BudgetThe plan calls for a minimum 20% tax rate on income, unrealized capital gains of those worth $100 million as part of $2.5 trillion in tax hikes.
March 24, 2022
Why Your Tax Refund May Be Bigger This YearRecent statistics show tax refunds for 2021 are running 13% higher than for 2020. Here's why.
March 24, 2022
Why Social Security Claiming Really Counts for Wealthy ClientsStrategic claiming can produce $100,000 for income or legacy goals — easily earning advisors "investment alpha."
March 24, 2022
Beware of These Backdoor Roth Dangers: Advisors' AdviceSeven advisors weigh in on key issues to avoid when considering this retirement tool for their investor clients.
March 23, 2022
10 Ways to Help Prospects Who Want IncomeThey have questions about your advisory firm. What are the income-producing investment choices you can offer them?