Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Social Security Benefits Are Taxed? Ouch!
By Marcia MantellNew retirees often find themselves in a higher tax bracket than they expected.
February 25, 2022
Firms Signal Desire for Change in Wealthtech: ReportWealth management firms controlling roughly $10 trillion in AUM represent the biggest market opportunity for fintech, Cerulli found.
February 25, 2022
IRS Posts Health Insurance Premium Tax Credit GuidanceOne answer is about tax credit users who receive unemployment compensation.
February 24, 2022
Identity Fraud and Theft Increased Ahead of Tax Season: ReportFraudulent creation of new credit and loan accounts rose 61% from 2020 to 2021, Allstate Identity Protection found.
February 24, 2022
How to Claim Social Security, Pay Taxes When Retiring OverseasRussia's invasion of Ukraine need not foil your client's plan to retire abroad, Kathleen Peddicord tells ThinkAdvisor.
February 24, 2022
SALT Alternative Takes Shape as Democrats Move Past Biden PlanThe latest state and local tax deduction bill would remove today's $10,000 cap for some taxpayers and raise the limit to $60,000 for others.
February 23, 2022
IRS Releases Long-Awaited Secure Act RMD RegsThe Secure Act, enacted in 2019, left many open questions about RMDs, Ed Slott says.
February 23, 2022
12 States That Tax Social Security Benefits: 2022One state dropped the tax in 2021, and others are cutting back or phasing it out.