Taxpayers receive more clarity on recent tax proposals from the Treasury.
Given the possibility of higher taxes in the future, investors may consider reviewing tax planning ideas and consider opportunities in the muni market.
A Biden administration proposal calls for a tax hike for corporations. If approved, it may impact how certain business owners structure their business.
Investors may want to consider certain strategies to hedge against the risk of higher taxes, including using a Roth IRA conversion.
In addition to broad relief measures, the latest pandemic relief bill includes several tax changes that could impact planning.
Wealth management professionals offer a tax outlook and discuss tax smart strategies under the Biden era.
Individuals who withdrew retirement funds under the CARES Act have options for filing and paying taxes.