Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
July 17, 2023
Advisor to First Responders Says Pensions Can Pose Planning ChallengesTaxes tend to be a high priority when advising first responders, Craig Ferrantino tells ThinkAdvisor.
July 17, 2023
8 Best Retirement Moves of 2023: Advisors' AdviceStaying the course does not mean passing up opportunities that present themselves.
July 17, 2023
7 Issues That Can Complicate Tax-Loss HarvestingTax-loss harvesting can help soothe the tax bite of realized capital gains, but be careful.
July 17, 2023
IRS Issues New 2023 RMD Relief for IRA BeneficiariesNew guidance also gives 72-year-olds who mistakenly started RMDs early extra time to return the money.
July 14, 2023
Dimensional Seeks Tax-Friendly ETF Share Classes Pioneered by VanguardVanguard's patent on ETF share classes of mutual funds that reduce capital gains for investors expired in May.
July 14, 2023
IRS Cracks Down on 175 Millionaire Tax CheatsThe agency is touting its crackdown efforts after receiving an $80 billion 10-year funding boost.
July 12, 2023
Medicare and Social Security Fair Share Act Boosts Taxes on WealthyThe bill would apply the Social Security payroll tax to wage, self-employment and investment income above $400,000.
July 12, 2023
Hightower Invests in Tax FirmGMS Surgent will become a "wholly owned tax subsidiary," giving advisors access to complex tax and advisory services.
July 11, 2023
Taxable Accounts Are Wrong for These Holdings: Christine BenzFixing an "asset location" problem can be tricky, according to the Morningstar columnist.
July 11, 2023
Schwab Sweeps $1M-Plus Clients Into New Private Client ServicesThese clients now have access to a dedicated Schwab consultant at no additional cost.