Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
IRS Issues New Guidance on Stock Buyback Tax
By Melanie WaddellCorporations do not yet have to pay the tax but should keep records, the IRS confirmed.
June 26, 2023
Can Congress Tax Unrealized Gains as Income? Supreme Court May DecideThe case, Moore v. United States, could have implications for the debate over wealth taxes.
June 26, 2023
New Bill Changes Estimated Income Tax Payment DeadlinesThe Tax Deadline Simplification Act would ensure the quarterly deadlines are spaced three months apart.
June 14, 2023
House Panel Passes GOP Tax Plan to Raise Standard DeductionEd Slott said the plan included "common sense" provisions. The panel's top Democrat called it "Tax Scam 2.0."
June 12, 2023
Big GOP Tax Package Would Boost Standard DeductionThe legislation would also repeal a controversial IRS reporting change for payments through apps like PayPal and Venmo.
June 09, 2023
Debate: Should States Offer a SALT Cap Workaround?Our tax experts discuss states using pass-through entity taxes to get around the SALT cap.
May 22, 2023
Act Now to Avoid Estate Planning Logjam in 2025Estate planners could be in extremely short supply in the years ahead, just when they're needed most.
April 18, 2023
House Dems Revive Bill to Close Carried-Interest LoopholeThe Ending Wall Street Tax Giveaway Act would tax carried interest as ordinary income.