Year-end considerations for smart income-tax planning
The tax reform law created a new tax landscape that could have a significant impact on year-end income-tax planning.
Putnam Wealth Management
Preserving and sustaining wealth for the future
Clients need help with complex financial planning matters such as efficient wealth transfer, tax and inflation risk, and sustainable income in retirement. Financial-planning experts Bill Cass and Chris Hennessey weigh in each week with a range of insights, tips, and legislative updates.
Posts from category: Taxes
Tax law creates benefits for taxpayers to invest in Opportunity Zones
Tax reform has created an opportunity for investors to defer taxes on capital gains if they invest in so-called “Opportunity Zones”
Rules for NOLs change under tax reform
Business owners may want to review their tax filing strategies as tax reform made some significant changes to the rules for managing net operating losses (NOLs).
What is down the road for tax reform?
A new tax reform package recently passed the House, but its future in the Senate is uncertain.
Last chance to undo a Roth conversion
This October marks the last chance that investors can undo – or recharacterize – a 2017 Roth conversion.
Ten questions to ask your CPA about the new tax law
The new tax law could have a significant impact on how individuals and small businesses file income taxes and make tax planning decisions.
IRS proposes additional limits for small business tax deduction
While many small businesses are navigating the changes introduced by the TCJA, the IRS is proposing additional limits for the small business tax deduction.
Under tax reform, there is no turning back on a Roth conversion
Under tax reform, reduced marginal tax rates are lowering the cost of a Roth conversion, but the ability to reverse the move is eliminated.
Consider these strategies before interest rates climb higher
With many financial plans tied to IRS interest rates, there are several strategies that investors may want to consider before rates move higher.
Number of taxpayers owing AMT to decline under tax law
Fewer taxpayers will have to pay the alternative minimum tax (AMT) because of changes resulting from the Tax Cuts and Jobs Act (TCJA).