Displaying 230 results
No plan to end payroll tax permanently, White House says
Trump has suggested getting rid of the taxes several times recently, a move that threatens the solvency of Social Security and Medicare
Trump says he’s considering capital gains tax cut
The president could issue an executive order that indexes capital gains to inflation, which would cut investors' tax bills
IRS gives businesses a break for donations related to SALT cap
Businesses that donate to charities in exchange for a state tax credit can deduct those costs from their federal taxes, according to new regulation
Trump’s payroll tax deferral raises red flags on Social Security
The president is relying on an expansive and controversial reading of executive power that likely will face legal challenges
Pass it along
Wealth transfer isn’t just for the well-heeled anymore as business owners and families of wide-ranging income levels embrace the latest strategies to keep intergenerational assets in the family — and out of the hands of the IRS
RMD relief is here — but only until Aug. 31
Act now to return unneeded required minimum distributions taken prior to the CARES Act
New York state legislature considers tax on stock trades
The pandemic has left the state facing a projected four-year deficit of $61 billion
With Democrats gaining steam, financial services ponder potential transaction taxes
Proponent say a levy on trades is harmless. Opponents call it a dangerous friction
Revamping portfolios with risk-smart, tax-smart building blocks
Investors are painfully aware their retirement plans need a do-over. Here's the best approach
IRS widens eligibility to undo RMDs
Those who took required minimum distributions in January are allowed to undo them, and the timeframe for doing so extends through Aug. 31
Tax refunds for IRAs? How about groceries instead?
If the CARES Act stimulus checks are any indication, more people will need the money for basic expenses
Tax planning is a hot topic amid a pandemic and a looming election
Most advisers expect tax rates to go up, but opinions vary on how and when to plan for it
4 unusual IRA issues related to deaths in 2020
New tax rules for this year may change the results that you expected
Crisis can be a catalyst to clarify goals, create sustainable impact
While charitable giving will remain an ongoing need, now is also the time for more robust legacy and generational wealth transfer planning
Roth conversions pick up amid expectations that taxes will rise
The stock market declines helped by shrinking the value of accounts, as well as the tax bill for converting assets
The ABCs of coronavirus-related distributions
Who qualifies to pull money penalty-free from IRAs and company retirement plans under the relief provided by the CARES Act
BlackRock’s Fink sees mass bankruptcies, higher taxes
The CEO sees taxes rising for individuals and companies, and predicted the corporate rate will be raised from the current 21% up to 28% or 29%
Advisers should be able to use the pass-through deduction
Amid the unprecedented economic disruption, independent contractor financial advisers are among the small business owners adversely impacted
Restore the tax deduction for advisory fees
During these challenging times, it is more important than ever that we protect and expand access to financial advice
Wealthy shielded billions with Trump tax break
Opportunity zone funds have taken in over $10 billion, and more than $3 billion of that was invested since January
