Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
March 09, 2022
New Mexico Eliminates Social Security Taxes for Many SeniorsThe governor has signed a bill eliminating state taxes on benefits for those under certain income thresholds.
March 03, 2022
New Jersey's Governor Proposes Tax Rebates for Income Up to $250,000The proposal would apply to 1.8 million residents to help offset the nation's highest property taxes, averaging $9,284 last year.
February 28, 2022
Ukraine War Means Yet More Inflation: Andy FriedmanMeanwhile, tax hikes are likely by 2023, the political analyst and former tax attorney says, offering planning tips.
February 24, 2022
SALT Alternative Takes Shape as Democrats Move Past Biden PlanThe latest state and local tax deduction bill would remove today's $10,000 cap for some taxpayers and raise the limit to $60,000 for others.
February 23, 2022
IRS Releases Long-Awaited Secure Act RMD RegsThe Secure Act, enacted in 2019, left many open questions about RMDs, Ed Slott says.
February 23, 2022
12 States That Tax Social Security Benefits: 2022One state dropped the tax in 2021, and others are cutting back or phasing it out.
February 01, 2022
Greg Valliere's Top 6 Economic, Political Predictions for 2022 and BeyondHere's what AGF Investments' chief U.S. strategist expects for inflation, tax hikes and Biden's future priorities.
February 01, 2022
Ed Slott: Child Tax Credit Is 'a Mess!'"Some people may end up paying a tax pro more than the credit!" Slott said as the IRS released new guidance on the advance payments.
January 18, 2022
Sen. Wyden Targets Scaramucci, Others in Opportunity Zone ProbeWyden worries the Opportunity Zone program "may permit wealthy investors another opportunity to avoid billions of dollars in taxes."
January 10, 2022
Debate: Should the Net Investment Income Tax Be Expanded?Two professors debate a Build Back Better Act provision that would apply the tax to income from a business in which the taxpayer participates.