Tax Reform
Learn about the latest tax reform developments and their potential impact on your clients' income, portfolios and financial plans more broadly.
Here's Where Most of the Tax Gap Comes From
By Melanie WaddellUnpaid estate taxes, a budget group said, account for "a very small part of the overall gross tax gap."
June 08, 2021
A Reality Check on Biden's Tax, Infrastructure Plans From Schwab's Man in WashingtonSchwab's legislative and regulatory affairs representative, Mike Townsend, discusses how much of Biden's agenda he thinks is achievable.
June 01, 2021
2 Tax Surprises Revealed in Biden's BudgetBiden's proposal to eliminate the step-up in basis at death went further than expected, Andy Friedman says.
May 28, 2021
Biden Plan Fails to Address U.S. Fiscal Woes, Budget Group SaysBiden's plan would lead to "record" debts now but would improve the long-term budget outlook, according to the Committee for a Responsible Federal Budget.
May 21, 2021
Everything You Need to Know About Biden's Capital Gains Tax PlanHere's what the president is proposing and how advisors can help clients reduce or avoid capital gains taxes.
May 20, 2021
Debate: Should Carried Interest Tax Loophole Be Eliminated?Two professors debate this rule that gives favorable tax treatment to the compensation of private equity and hedge fund managers.
May 20, 2021
How Biden Plans to Crack Down on Wealthy Tax CheatsTreasury says $7 trillion in taxes will go uncollected in a decade if nothing is done.
May 06, 2021
Wade Pfau Makes Case for Raising Top Social Security Claiming Age to 72Letting retirees further delay claiming, while allowing benefits to rise, would be more helpful than delaying RMDs, he tells ThinkAdvisor.