Wealth management in the context of a fluid situation in Washington
Wealth management professional Bill Cass provides an update on the status of tax and spending proposals in Washington.
Category: Taxes
House tax proposal would upend grantor trusts
The recent House tax proposal would upend grantor trusts and make planning more difficult for those transferring wealth to heirs
Will these three tax ideas creep back into legislative debate?
There is a chance that several tax provisions not in the current bill could come back in legislative debate as amendments.
How tax changes may impact small businesses
There are several ways that small businesses may be impacted by the recent House proposed tax changes.
A glance at the House tax proposals
House Ways and Means Committee released its tax proposals totaling about $2 trillion in tax increases.
Top tax questions on the minds of financial professionals
As lawmakers debate spending bills on Capitol Hill, the leading tax questions on the minds of advisors involve proposed changes to the tax code.
Lawmakers eye paths to enhance SALT deduction
While many have called for the repeal of the cap on the state and local tax deduction, a group of lawmakers continue to debate ways to enhance the SALT deduction.
Consider a Roth IRA for summer employment earnings
Students may want to consider using a Roth IRA to save some of their summer earnings.
Treasury offers more details on tax proposals
Taxpayers receive more clarity on recent tax proposals from the Treasury.
Tax-planning ideas and opportunities in the muni market
Given the possibility of higher taxes in the future, investors may consider reviewing tax planning ideas and consider opportunities in the muni market.