Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
12 Cities Where a $100K Salary Goes Furthest
By Michael S. FischerSmartAsset looked at taxes and cost of living in 69 U.S. cities.
February 21, 2025
Senate Budget Vote Leaves Hurdles For Trump Tax Cuts, Debt LimitThe Senate voted 52 to 48 to adopt a budget that would permit $340 billion in new spending.
February 20, 2025
What Trump’s Tax Policies Could Mean for ClientsSeveral proposals could affect planning priorities for the near and long term.
February 20, 2025
IRS Plans to Lay Off Thousands: ReportWorkforce reductions could start any day now, according to The Associated Press.
February 19, 2025
Trump Backs $4.5T Tax Cut in House GOP Budget PlanThe president wants to "kickstart" all Republican priorities at once, he says.
February 18, 2025
LPL Unveils Exit Planning Capabilities for Business Owners and CEOsWith 12 million small businesses set to be sold through 2035, such tools are in high demand.
February 18, 2025
IRS Memo Sets Stage for Musk Staffer to Access Taxpayer DataThe IRS is poised to hand over unlimited access to taxpayer data to an advisor from Elon Musk's DOGE.
February 14, 2025
Ed Slott: Roth Conversion Changes in Trump Tax-Cut Law Are Here to StayThe 2017 tax changes may have an expiration date, but the Roth recharacterization limits do not.