Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Debate: Do Taxpayers Benefit From Changes to the Saver's Credit?
By Robert Bloink | William H. ByrnesStarting in 2027, the credit will be replaced by a 50% matching contribution to existing 401(k)s and IRAs.
April 19, 2024
Top Lawmakers 'Pulling Out All the Stops' to Pass Tax Bill With 100% Bonus DepreciationSen. Ron Wyden says it's critical to millions of businesses, but stiff GOP opposition remains in the Senate.
April 09, 2024
Tax Bill With 100% Bonus Depreciation May Move Forward in SenateThe proposed legislation, which passed the full House about 10 weeks ago, may get attached to a Senate bill.
March 27, 2024
Tax the Rich Is Actually a Popular Bipartisan Stance, Poll ShowsMajorities of voters in seven swing states say they favor raising taxes on those earning more than $400,000.
March 12, 2024
Biden Floats $2 Co-Pay Limits on Popular Drugs Under MedicareThe caps proposed in Biden's budget would apply to blood pressure and cholesterol drugs.
March 11, 2024
Biden's $7.3T Budget Sets Up Tax Fight With TrumpNew services, middle-class tax breaks and price controls would be funded by higher taxes on the wealthy and corporations.
February 20, 2024
IRS Collected $500M From Wealthy Tax CheatsThe agency also wants to boost in-person assistance this filing season, Commissioner Danny Werfel said.
February 15, 2024
Bezos Reaps Florida Tax Benefit With $4B Amazon Share SaleA capital gains tax in Washingon, where the Amazon executive chairman lived earlier, now faces a ballot measure seeking to repeal it.