Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
August 28, 2024
12 States With the Highest Property TaxesThe taxes paid by homeowners can vary widely and make up about a third of state revenue, the Tax Foundation reports.
August 28, 2024
Trump Says His Plan to Renew 2017 Tax Cuts Will Pay for Itself"We're gonna have tremendous growth," he said when asked about the cuts, expected to cost $4.6 trillion.
August 27, 2024
IRS Issues FAQs on Student Loan Repayment Matching in Retirement PlansThe Secure 2.0 Act permits employers to match student loan repayments through retirement plan contributions.
August 26, 2024
3 Florida Men Plead Guilty in Tax Fraud SchemeThe defendants required clients to pay them a portion of the fraudulently obtained refunds, DOJ says
August 21, 2024
Can't Stand Form 1099-R? Tell the IRSTaxpayers can suggest how to improve the distribution form for retirement accounts and annuities, for instance, by Oct. 21.
August 21, 2024
How to Help Clients Navigate Bonds Before Rate CutsAs bond values rise, advisors should consider the tax impact of any sales, which often are best done within IRAs or 401(k) plans.
August 19, 2024
9 Questions to Ask Clients Before School StartsBack-to-school season is a great time to get clients talking about college and education-related costs.
August 16, 2024
IRS Teams With States and Tax Industry to Fight ScamsThe Coalition Against Scam and Scheme Treats aims to quickly alert the public to new and emerging threats.
August 16, 2024
Harris Set to Propose Tax Cuts and SubsidiesThe news follows a recent push by Trump running mate JD Vance for a $5,000-per-child tax credit.
August 14, 2024
SEC Answers a Comment About Tax Talk in Annuity AdsThe agency told a frustrated lawyer that the wisdom he seeks is already expressed in Rule 156.