Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
IRS Lost 31% of Tax Auditors in DOGE Downsizing, Watchdog Finds
By Erik WassonThe departures are likely to hamper the agency’s ability to go after tax cheats.
April 30, 2025
12 Counties Where Americans Reaped Biggest Investment GainsCapital gains can be an indication of wealthy-investor hotspots, SmartAsset suggests.
April 29, 2025
Tax Court Judge Notices a Couple Keeping an AnnuityThe judge interpreted a rational asset sale strategy as a sign the couple wasn't under severe financial pressure.
April 29, 2025
Bessent Sets July 4 Goal for Tax Bill as Economic Worries MountPolling shows that voters largely disapprove of the White House's handling of the economy.
April 28, 2025
Washington State Tax Hikes Target Tech Giants That Made It RichLawmakers seek to bridge a record budget deficit by shifting more taxes to Amazon.com and Microsoft Corp.
April 27, 2025
Trump Floats New Income Tax CutThe president says his tariffs would help him lower income taxes for those making less than $200,000 a year.
April 24, 2025
Silver Lining Amid Market Turmoil? Company Stock DistributionsThe net unrealized appreciation strategy can make sense for clients anticipating lower tax rates down the road.
April 24, 2025
Debate: Should the Top Tax Rate Return to 39.6%?Debate over extending the 2017 tax cuts is tied to increasing the rate on income above $1 million.