Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
House GOP Takes First Step Toward Tax Cuts, Debt Limit Increase
By Erik Wasson and Billy HouseThe plan requires $1.5 trillion in cuts over a decade in programs like Medicaid and SNAP.
February 07, 2025
Debate: Does the U.S. Benefit From Trump’s Tariffs?If tariffs on Canada and Mexico become effective, a 25% levy will be imposed on virtually any product from these countries.
February 06, 2025
The Social Security and Medicare Consequences of 'Unretirement'It's critical that clients understand the financial repercussions of returning to work before they decide to unretire.
February 06, 2025
Trump Will Seek to End Carried Interest, Expand SALT Deduction in Tax BillThe president would also like to end breaks for sports team owners, his press secretary says.
January 31, 2025
New Bill Would Revamp IRSThe legislation would make "common-sense fixes" to the agency, say Sens. Mike Crapo and Ron Wyden.
January 30, 2025
Tax Tips When Naming a Trust as IRA BeneficiaryRMD rules for trusts are different than those for other beneficiaries.
January 28, 2025
Expecting a Social Security Fairness Act Benefit Boost? Watch Out for Tax Traps.Bigger Social Security checks are an exciting prospect, but they could kick people into higher income brackets.
January 24, 2025
10 House GOP Health Program and Tax Change IdeasIf implemented, they could affect where and how clients get their medical care.