Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
October 25, 2021
Advisors Blast Democrats' Billionaire Tax Plan"This is lunacy!" one advisor tweeted, while others predicted a tax on unrealized gains would be challenged in court.
October 21, 2021
Estate, Capital Gains Tax Changes Likely to Stay in Spending Bill: Schwab's TownsendBut some retirement provisions could get chopped, Schwab's man in Washington says.
October 20, 2021
Democrats Move to Break Stalemate on Biden Plan by Scaling BackExtended child tax credits will likely be pared back, while expansions to Medicare and the SALT deduction are expected to remain.
October 13, 2021
Debate: Should Congress Tighten Tax Rules on Grantor Trusts?Under the Democrats' tax plan, assets transferred to a grantor trust would be included in the grantor's estate for estate tax purposes.
October 08, 2021
Global Corporate-Tax Overhaul Advances as 136 Nations Sign OnRepublicans warned the Biden administration against "circumventing the Senate's constitutional treaty authority."
October 08, 2021
10 Ways to Reduce Capital Gains TaxesTax experts at Orion and Renaissance Macro Research discuss how to prepare for changes proposed by Biden and Democrats.
September 29, 2021
House Nears Vote on Halving Estate Tax Exemption in 2022The provision is now part of H.R. 5376, which could come to the House floor this week.
September 22, 2021
What to Do if Congress Locks the Back Door on Roth IRAsAdvisors will have to act quickly if new tax rules eliminating backdoor and mega backdoor Roth IRA strategies are enacted.
September 21, 2021
Democrats Link Debt Limit to Vital Spending Bill in a Dare to GOP"I don't know what the endgame is, because there's no precedent for anything so irresponsible," Sen. Patrick Leahy, D-Vt., said.
September 20, 2021
Surprise! CARES Act Charity Tax Break for 2021 Is Not Above the Line After AllMany advisors and tax planners missed this change when the CARES Act provision was extended, CPA Jeffrey Levine says.