Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
4 Tax and Planning Tips for Retiring Abroad
By Dinah Wisenberg BrinForeign laws can affect expats' retirement income and estate plans in ways they might not expect.
October 13, 2023
Social Security's 2024 COLA, While Modest, Could Still Trigger Higher TaxesThough the COLA is lower than last year's, it could still push seniors over key thresholds.
October 12, 2023
Tax Gap Jumps to $688B, IRS ProjectsNonfiling, underreporting and underpayment contribute to the revised increase for 2021, the agency says.
October 12, 2023
IRS Misled Taxpayers About Free Filing Tool, Watchdog Report SaysTaxpayer interest in a Direct File tool may be overstated due to flawed survey design, according to a report.
October 12, 2023
Elite Wall Street Firms, Advisors Are Swapping SMAs for ETFsThe aim is to exploit the famous tax efficiency of the ETF wrapper, which means funds rarely incur capital gains tax.
October 11, 2023
'Snowbirding' in Retirement: 10 Tax and Planning Facts to KnowOwning multiple residences comes with both potentially large benefits and important tax nuances.
October 11, 2023
14 Worst U.S. Cities for Real Estate TaxesOut of 330 cities, these have the highest tax burden relative to home value, according to SmartAsset.
October 10, 2023
Try These RMD Options for 6 Common Client SituationsWhile rules for retirement accounts may be complicated, there are strategies to best organize annual withdrawals.