Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
August 22, 2022
Want a Better IRS? Simplify the Tax CodeThe Inflation Reduction Act expands its funding by $80 billion over ten years, but that move raises some serious questions.
August 18, 2022
Will $80B Solve the IRS's Problems?There are some complicated issues involved with the agency's new budget boost.
August 18, 2022
Inflation Reduction Act Could Spark Surge in Some Home ImprovementsThe Inflation Reduction Act contains some pleasant surprises for taxpayers interested in making certain changes to their homes.
August 17, 2022
Stock Buyback Tax Is a 'Silly Mistake': Charles EllisThe strategist also shares his views on the value of index funds and why "almost everybody needs a financial advisor."
August 17, 2022
6-Month Timeline for IRS Plan to Target Tax Cheats: YellenNone of the funds will be used to increase enforcement tied to those earning under $400,000 a year, according to a memo.
August 16, 2022
Biden Signs $437B Tax-Climate BillIt injects $80 billion into the IRS and imposes a 15% minimum tax on large corporations and a 1% excise tax on stock buybacks.
August 16, 2022
Debate: The New 1% Tax on Stock BuybacksTwo tax experts offer differing views regarding the likely effects of the stock buyback tax, which should be signed into law today.
August 12, 2022
House Sends Biden Landmark Tax, Health, Climate Bill to SignThe Inflation Reduction Act passed the House late Friday on a party line 220-207 vote.
August 12, 2022
The Inflation Reduction Act's Impact on Your Client's Bottom LineThe act, being voted on Friday, would raise taxes on some corporations, reduce drug costs and tackle climate change.
August 10, 2022
Billionaire Minimum Income Tax Act Introduced by House DemocratsHouseholds worth over $100 million would have to pay at least a 20% tax on their full income, including unrealized gains.