Tax

Displaying 2763 results
DOGE's cost-cutting team has come knocking at the IRS
RETIREMENT TAX FEB 14, 2025
DOGE's cost-cutting team has come knocking at the IRS

A member of Elon Musk's extra-governmental efficiency cadre has reportedly made enquiries, raising concerns among staff at the federal tax agency.

House GOP takes first step toward tax cuts, debt limit increase
RETIREMENT TAX FEB 12, 2025
House GOP takes first step toward tax cuts, debt limit increase

The proposed budget, which Democratic critics pan as a "Republican betrayal of the middle class," would open up a $4.5 trillion runway over 10 years for more tax cuts.

Tax-busting trend gets new player with $500M ETF launch
RETIREMENT ETFS JAN 21, 2025
Tax-busting trend gets new player with $500M ETF launch

Wealth manager's to-be-debuted strategy offers an out for investors who "feel trapped" into paying a huge capital gains tax bill.

AI powers new tech for advisors to manage tax, research and more
RETIREMENT FINTECH JAN 14, 2025
AI powers new tech for advisors to manage tax, research and more

FP Alpha and Morningstar provide fresh options to boost productivity.

Munis’ prized January returns threatened by expected Fed pause
RETIREMENT FIXED INCOME JAN 13, 2025
Munis’ prized January returns threatened by expected Fed pause

What should have been a strong start to 2025 for municipal bonds is now in question amid growing odds that the Federal Reserve will hold fire on interest rate cuts.

IRS provides relief to taxpayers hit by California fires
RETIREMENT TAX JAN 13, 2025
IRS provides relief to taxpayers hit by California fires

The federal tax agency announced various extensions, credits, and exclusions, including potential penalty-free distributions from retirement plans and IRAs.

Don't rub SALT cap expansion in US tax system's wounds, urges CRFB
RETIREMENT TAX JAN 10, 2025
Don't rub SALT cap expansion in US tax system's wounds, urges CRFB

Analysis warns proposed $20,000 deduction for married couples would only add to projected $3.9 trillion revenue loss, among other consequences.

Trump convenes SALT-focused Republicans before tax showdown
RETIREMENT TAX JAN 08, 2025
Trump convenes SALT-focused Republicans before tax showdown

The meeting at the President-elect's Mar-a-lago estate is a positive sign for legislators looking to expand the write-off impacted by Trump's 2017 tax cuts.

$18B RIA Homrich Berg welcomes tax planning lead to boost UHNW service
RETIREMENT RIAS JAN 06, 2025
$18B RIA Homrich Berg welcomes tax planning lead to boost UHNW service

The Atlanta-based firm is raising its appeal to the affluent with a newly created position within its family office and ultra-high-net-worth division.

The common issue with RSUs
RETIREMENT TAX DEC 16, 2024
The common issue with RSUs

People were blindsided during COVID with $30,000 tax bills, says advisor.

2025 QCD tax planning roadmap
RETIREMENT OPINION DEC 16, 2024
2025 QCD tax planning roadmap

12 QCD tax rules people should know

Trump names ex-congressman Billy Long as surprise pick for IRS commissioner
RETIREMENT TAX DEC 05, 2024
Trump names ex-congressman Billy Long as surprise pick for IRS commissioner

The incoming US president's signal to prematurely replace Danny Werfel, a Biden appointee, has drawn some concerns and questions.

Interest rates, tax uncertainty driving a surge in estate planning
RETIREMENT TAX DEC 04, 2024
Interest rates, tax uncertainty driving a surge in estate planning

New BofA survey report unpacks trends around high-net-worth individuals' trust and estate strategies, including insights on business succession and incapacity planning.

Could Trump's second term dampen IRS scrutiny on the wealthy?
RETIREMENT TAX DEC 03, 2024
Could Trump's second term dampen IRS scrutiny on the wealthy?

With $20 billion of IRS funding potentially in limbo, the federal tax collection agency stands at a crucial crossroads on its path of enforcement.

Advisors at a disadvantage if estate planning isn’t a core service
RETIREMENT RIAS NOV 25, 2024
Advisors at a disadvantage if estate planning isn’t a core service

“If you're not engaging the estate planning conversation, and the client is talking to somebody who is, those assets are at risk,” Vanilla's CEO said.

Stop putting money in 401(k)s, and other year-end advice from tax expert Ed Slott
RETIREMENT RETIREMENT PLANNING NOV 20, 2024
Stop putting money in 401(k)s, and other year-end advice from tax expert Ed Slott

Amid a low-tax environment and an incoming presidential administration, retirement planning guru Ed Slott gives advice ahead of 2025.

Advisors talk giving strategies to celebrate National Philanthropy Day
RETIREMENT PRACTICE MANAGEMENT NOV 14, 2024
Advisors talk giving strategies to celebrate National Philanthropy Day

Wealth managers weigh in on trends in charitable giving this holiday season.

The IRS is staying focused on millionaires in 2025
RETIREMENT TAX NOV 13, 2024
The IRS is staying focused on millionaires in 2025

With more than $1 billion hauled from the richest delinquents this year, the tax agency is gearing up to expand its enforcement over corporations, partnerships, and high-wealth individuals.

Trump re-inherits Social Security's problems, and another chance to fix them
RETIREMENT RETIREMENT PLANNING NOV 06, 2024
Trump re-inherits Social Security's problems, and another chance to fix them

The next president has proposed cutting Social Security benefits taxes, which would deplete the system faster. Bipartisan support is needed to pass reforms, observers say.

Older retirement savers could get a bigger boost from super catch-ups
RETIREMENT RETIREMENT PLANNING NOV 05, 2024
Older retirement savers could get a bigger boost from super catch-ups

The bump in 401(k) and Roth contribution limits is taking effect for workers aged 60 to 63 years old next year – but taking advantage of it won't be that easy.