Tax

Displaying 2741 results
Biden aims to roll back corporate tax cuts
RETIREMENT TAX MAR 31, 2021
Biden aims to roll back corporate tax cuts

The president's infrastructure plan would reverse a large part of Trump's tax cut, which proved to be a huge boon for the stock market.

Biden determined to tax rich after windfalls from Covid
RETIREMENT REGULATION AND LEGISLATION MAR 22, 2021
Biden determined to tax rich after windfalls from Covid

There’s rising confidence at the White House that evidence of widening inequality will translate into broad popular support for a tax-the-wealthy strategy.

New option for Social Security training
RETIREMENT RETIREMENT PLANNING MAR 22, 2021
New option for Social Security training

The National Association of Registered Social Security Analysts' program qualifies for CFP and CPA continuing education credits.

IRS delays tax deadline to mid-May
RETIREMENT REGULATION AND LEGISLATION MAR 17, 2021
IRS delays tax deadline to mid-May

The change comes after calls from accountants and leaders in Congress to delay the due date as new legislation and pandemic-related work changes disrupt taxpayer plans.

Renewed Treasury focus on estates could mean tax hikes for rich
RETIREMENT REGULATION AND LEGISLATION MAR 15, 2021
Renewed Treasury focus on estates could mean tax hikes for rich

Planned projects in the area that were cut back under the Trump administration would restrict access to tools for reducing estate tax bills.

INmail: Social Security wants its money back
RETIREMENT RETIREMENT PLANNING MAR 08, 2021
INmail: Social Security wants its money back

When a family member dies, the Social Security office will often ask for the last check back.

Strategies for maximizing clients’ charitable impact in 2021
RETIREMENT OPINION MAR 08, 2021
Strategies for maximizing clients’ charitable impact in 2021

Take advantage of an environment that's favorable for charitable giving to engage in tax-smart, high-impact philanthropy.

Small business tax deductions you need to know
RETIREMENT OPINION MAR 05, 2021
Small business tax deductions you need to know

There are small business tax deductions that financial advisers need to know, including work-from-home deductions.

Wealthier clients saving in 401(k)s may fall into tax trap
RETIREMENT RETIREMENT PLANNING MAR 01, 2021
Wealthier clients saving in 401(k)s may fall into tax trap

Too much money in tax-deferred retirement accounts could undermine clients' financial plans if taxes rise in the future to pay for today’s exploding government spending.

Advisers express skepticism about Warren’s wealth tax
RETIREMENT REGULATION AND LEGISLATION MAR 01, 2021
Advisers express skepticism about Warren’s wealth tax

The measure faces a difficult legislative journey in a narrowly divided Congress, even if it becomes part of a reconciliation bill that can be approved by a simple majority in the Senate.

Elizabeth Warren, other progressives propose ‘Ultra-Millionaire’ tax
RETIREMENT TAX MAR 01, 2021
Elizabeth Warren, other progressives propose ‘Ultra-Millionaire’ tax

The measure would impose a 2% annual tax on households and trusts valued at between $50 million and $1 billion; all net worth over $1 billion would be taxed at 3%.

What advisers need to know about the new employee retention credit
RETIREMENT OPINION FEB 26, 2021
What advisers need to know about the new employee retention credit

Advisers need to grasp the Employee Retention Credit, in order to better inform their clients and make better decisions for their own businesses.

Three Advantages of a Custom Passive SMA for the Taxable Investor
RETIREMENT TAX FEB 25, 2021
Three Advantages of a Custom Passive SMA for the Taxable Investor

A custom passive separately managed account (SMA) may hold distinct tax advantages for investors. Explore the benefits of transitioning from traditional ETFs to custom SMAs.

Social Security adds new guidance to online statements
RETIREMENT RETIREMENT PLANNING FEB 23, 2021
Social Security adds new guidance to online statements

The agency includes new fact sheets that target different age groups and special situations, such as eligibility for benefits.

How technology can help advisers talk to clients about PPP loans
RETIREMENT OPINION FEB 18, 2021
How technology can help advisers talk to clients about PPP loans

Understanding the facts about taxes and eligibility for new PPP loans can help you decide if one is right for one of your clients’ businesses.

Stalking a Social Security application decision
RETIREMENT TAX FEB 15, 2021
Stalking a Social Security application decision

The application for benefits was submitted more than seven weeks earlier; persistence pays off in tracking down why the response took so long.

Surprise tax bills, credits await as IRS filing season begins
RETIREMENT TAX FEB 12, 2021
Surprise tax bills, credits await as IRS filing season begins

Some people could benefit from filing quickly this tax season, as Congress works on another round of stimulus checks, while others may benefit from holding off.

INmail: Social Security rules for divorced spouses
RETIREMENT RETIREMENT PLANNING FEB 01, 2021
INmail: Social Security rules for divorced spouses

Can a divorced person still collect Social Security benefits on an ex’s earnings record?

Beware: Enrolling in Medicare can nix contributing to an HSA
RETIREMENT RETIREMENT PLANNING FEB 01, 2021
Beware: Enrolling in Medicare can nix contributing to an HSA

HSAs have no annual use-it-or-lose-it requirements, and balances can be carried forward from year to year and withdrawn tax-free in retirement to pay for medical expenses, such as Medicare and long-term care premiums — but not Medigap premiums.

When eligibility for retirement and disability benefits overlaps
RETIREMENT TAX JAN 26, 2021
When eligibility for retirement and disability benefits overlaps

A new report from the Social Security Administration provides a road map for maximizing benefits for individuals who qualify for both programs.