Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Kansas House Votes to Override Veto of Income Tax Overhaul Bill
By Allison BellGov. Laura Kelly wants lawmakers to pass a cheaper tax legislation package.
April 24, 2024
Two Ways Advisors Can Add Value, Without Picking Stocks"The industry's historical model of how we add value is under threat," MyVest CEO Anton Honickman says.
April 23, 2024
Only 26% of Americans Have an Estate PlanWorking with an advisor is the largest variable in whether respondents allocate their assets, a FreeWill survey found.
April 23, 2024
10 States With the Most Income Tax WriteoffsTaxpayers with expenses like mortgage interest can often write off far more than the standard deduction.
April 19, 2024
Top Lawmakers 'Pulling Out All the Stops' to Pass Tax Bill With 100% Bonus DepreciationSen. Ron Wyden says it's critical to millions of businesses, but stiff GOP opposition remains in the Senate.
April 18, 2024
Trump Mulls a Tax Cut That Could Slash Social Security: ReportTrump has told advisors he's considering a cut to the federal payroll tax, Reuters reports.
April 17, 2024
Trump Pushed to Embrace 17% Income Tax for AllDonald Trump is under pressure to embrace a flat tax rate and hold the line on the state and local tax deduction.
April 17, 2024
U.S. Tax Refunds Decline 3.3% This Year in Run-Up to DeadlineWhile the number of refunds dropped, the average amount received ticked higher.