Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Rep. Neal Vows to Fight On for IRA Changes, Secure Act 2.0
By Melanie WaddellIn Build Back Better talks, lawmakers are "getting closer by the hour; we're still struggling over the SALT cap," he said.
October 28, 2021
Biden Unveils Revamped Tax, Spending Plan With New Taxes on MillionairesThe $1.75 trillion package includes additional tax on incomes above $10 million.
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.