Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
November 27, 2024
Two Roth IRA Mistakes High-Income Clients Must AvoidA wrong move can mean a big tax hit, but advisors can help repair or reduce the damage.
November 26, 2024
7 Big Unknowns That Could Shake Up Retirement PlanningWith promised tax cuts to fund and Social Security insolvency looming, policy changes could be coming in 2025.
November 22, 2024
8 'Nerdy' Year-End Tax Planning Insights for 2024: Jeff LevineBuckingham Wealth Partners' chief planning officer talks tax strategy and makes some 2025 predictions.
November 22, 2024
Expect Secure 3.0 and a Major Tax Bill Next YearTax cuts will likely be fast-tracked in 2025 as Secure 3.0 takes shape, a former DOL official says.
November 19, 2024
What's Next for Trump's Tax Cuts? One Wealth Advisor's TakeLetting the 2017 law expire would hike taxes “for almost everybody,” enrolled agent Dave Alison says.
November 19, 2024
IRS to Drop Interest Rates in JanuaryFor individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily.
November 15, 2024
Republican Sweep Strengthens Trump’s Tax Cut DreamsWealthy families and some business owners could benefit most, says one tax expert.
November 14, 2024
Debate: Should the SALT Deduction Cap Be Eliminated?The state and local tax deduction limit of $10,000 per federal return could expire after 2025.
November 13, 2024
Trump's Election and 2024 Tax Planning: What's an Uncertain Client to Do?Advisors and clients cannot let the uncertainty surrounding the future of tax rules paralyze them.
November 12, 2024
What the GOP's Tax Plan Might Actually Look LikeThe expanded estate tax exemption will likely remain, but SALT could be a sticking point, two experts say.