Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Credit Suisse Still Aiding Tax Evasion by Ultra-Wealthy: Senate Panel
By David VoreacosThe committee uncovered "major violations" of the $2.6 billion plea deal Credit Suisse reached with the Justice Department in 2014.
March 23, 2023
Consumers Are Anxious About Taxes: J.D. PowerResearch finds 20% of banks customers fear they will owe more than planned; 16% worry that they may not get a refund.
March 22, 2023
IRS Seeks Feedback on Tax Treatment of NFTsThe agency is seeking comments on the treatment of NFTs as collectibles.
March 22, 2023
12 States With the Lowest Taxes in America: 2023Which state has the lowest taxes? The answer is not straightforward, according to WalletHub.
March 21, 2023
Sens. Warren, Sanders Urge Crackdown on TrustsUltra-wealthy investors' "wealth managers are bragging" about the effectiveness of their "tax dodging tricks," the senators write.
March 20, 2023
More Retirees to Face Taxes on Their Social Security Benefits This YearCurrent income thresholds aren't adjusted for inflation, leading some advocacy groups to call for reform.
March 20, 2023
Ed Slott: New IRS Guidance Clarifies 2023 RMDsWarn clients who turn 72 this year that they might get an incorrect RMD notice, Slott advises.
March 19, 2023
5 Tax Planning Strategies for Clients Who Own a Small BusinessHere are five strategies to share with your small-business clients that may help them lower their tax burden and keep more money in their pockets.