Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Beware of These Backdoor Roth Dangers: Advisors' Advice
By Ginger SzalaSeven advisors weigh in on key issues to avoid when considering this retirement tool for their investor clients.
March 22, 2022
How to Safely Cash In on Your Home Equity WindfallIs it safe to use your home as an ATM, especially as fears of a recession loom? And, if so, what steps should you take?
March 22, 2022
12 States With the Lowest Taxes in AmericaWalletHub looked at four types of taxation: real estate taxes, vehicle property taxes, income taxs, and sales and excise taxes.
March 22, 2022
13 Funds to Buy for Your IRA: MorningstarRussel Kinnel, director of manager research, selected these funds as good fits based on their five-year tax-cost ratios.
March 21, 2022
Money Received Via Crowdfunding May Be Taxable, IRS SaysMoney received by soliciting others to fund businesses or support charities could be taxable.
March 21, 2022
Don't 'Torpedo' Medicare, Social Security in Retirement Plans: William MeyerRetiree Inc.'s CEO says good intentions can go wrong, such as when a Roth conversion raised a client's Medicare premium, an outcome that "will likely" get the advisor "fire[d]."
March 21, 2022
IRS Rules on COVID-19-Delayed Pension PaymentsA new private letter ruling shows how to handle the fact that the pandemic is still with us.
March 21, 2022
12 States With the Highest Taxes in America: 2022Taxpayers in the most tax-expensive states pay three times more than those in the cheapest states, according to WalletHub.