Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Debate: Should Limits Be Placed on a SALT Cap Workaround?
By Robert Bloink and William H. ByrnesAfter the 2017 tax overhaul, many states created pass-through entity tax (PTET) to bypass the $10,000 cap.
September 18, 2025
House Panel Advances Social Security Claiming BillThe Claiming Age Clarity Act seeks to update the language used to describe when workers can claim retirement benefits.
September 08, 2025
Ed Slott: How to Weigh Roth Conversions Against Trump's New Tax CutsThe long-term gain may justify the pain of losing a deduction when the conversion is made, Slott says.
September 04, 2025
Time Running Out to Secure Green Energy Tax BreaksThe recent tax and spending megabill significantly accelerates the repeal of the Biden-era clean energy credits.
August 28, 2025
New $6,000 Deduction for Seniors Doesn't Repeal Social Security TaxesThe recent statement that Trump's tax law "eliminated federal income taxes on Social Security" is misleading, groups say.
August 24, 2025
Debate: Should Itemized Deductions Be Capped for the Wealthy?Starting in 2026 deductions will be reduced for those in the 37% tax bracket.
August 22, 2025
Ed Slott: Here's the Secret to Good Tax Planning"Always pay taxes at the lowest rate — that's it," the retirement expert maintains. "It's that simple."
August 22, 2025
Proposed Social Security-Style Long-Term Care Benefit Gets High MarksProvisions of the WISH Act would dramatically improve many Americans’ retirement prospects, a Morningstar report suggests.