Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
How a President Harris Would Tax the Wealthy
By Melanie WaddellWhile the presidential candidate has supported proposals like a wealth tax, she is likely to hit stiff opposition.
August 28, 2024
Sequoia Financial Buys Wealth Team From Large AccountantThe deal also includes a strategic partnership that will see both firms support the needs of shared clients.
August 28, 2024
12 States With the Highest Property TaxesThe taxes paid by homeowners can vary widely and make up about a third of state revenue, the Tax Foundation reports.
August 28, 2024
Trump Says His Plan to Renew 2017 Tax Cuts Will Pay for Itself"We're gonna have tremendous growth," he said when asked about the cuts, expected to cost $4.6 trillion.
August 27, 2024
IRS Issues FAQs on Student Loan Repayment Matching in Retirement PlansThe Secure 2.0 Act permits employers to match student loan repayments through retirement plan contributions.
August 26, 2024
3 Florida Men Plead Guilty in Tax Fraud SchemeThe defendants required clients to pay them a portion of the fraudulently obtained refunds, DOJ says
August 21, 2024
Can't Stand Form 1099-R? Tell the IRSTaxpayers can suggest how to improve the distribution form for retirement accounts and annuities, for instance, by Oct. 21.
August 21, 2024
How to Help Clients Navigate Bonds Before Rate CutsAs bond values rise, advisors should consider the tax impact of any sales, which often are best done within IRAs or 401(k) plans.