Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
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.
April 18, 2023
Bernie Sanders Floats New Estate Tax BillThe legislation aims to reduce the estate tax exemption to $3.5 million.
April 04, 2023
New Bill Revives GOP Push to Repeal Estate Tax"The real issue here is the income tax benefit, which is not mentioned," says financial expert Ed Slott.
March 24, 2023
Debate: Should Congress Cap the Pass-Through Tax Deduction for Businesses?Our two tax experts discuss how changing the QBI deduction rules could affect small businesses.
March 22, 2023
IRS Seeks Feedback on Tax Treatment of NFTsThe agency is seeking comments on the treatment of NFTs as collectibles.
March 21, 2023
Sens. Warren, Sanders Urge Crackdown on TrustsUltra-wealthy investors' "wealth managers are bragging" about the effectiveness of their "tax dodging tricks," the senators write.