Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Spending Deal Would Keep Social Security Budget Flat
By Melanie WaddellTax legislation is also in the works and could be attached to a spending bill.
October 23, 2023
Massachusetts Doubles Estate Tax ExemptionYet the state is still "one of the most expensive places to die," Ed Slott says.
October 20, 2023
Texas to Vote on Wealth Tax Ban in NovemberVoters will decide on a constitional amendment banning wealth taxation at the state level.
October 16, 2023
Ed Slott: RMDs Are a Nightmare This Year. Here's What Advisors Should Do."Keep this guide on your desk!" Slott urges.
September 15, 2023
New Bill Requires IRS to Create Short Form for Taxpayers Living AbroadThe bill would also expand the Foreign Earned Income Exclusion to include retirement income earned overseas.
August 24, 2023
New Bill Expands REIT Pass-Through Deduction to BDCsThe bill could be attached to a year-end tax bill paired with a budget deal.
August 17, 2023
California Closes State-Tax Loophole for Some TrustsClients who have established non-grantor trusts in tax-friendly states should be aware of this new law.
July 12, 2023
Medicare and Social Security Fair Share Act Boosts Taxes on WealthyThe bill would apply the Social Security payroll tax to wage, self-employment and investment income above $400,000.