Key tax figures for 2022

Key tax figures for 2022

While most key tax figures for 2022 had only slight changes, there are areas where individuals may want to consider revisions to their tax strategy.

A net gain for NUA

A net gain for NUA

An obscure rule for tax-savings on highly-appreciated company stock may be more appealing to clients following additional clarification and guidance from the Internal Revenue Service on the investment income surtax. Federal laws include special tax treatment for certain distributions of company stock held within a retirement plan. Under this rule, only the cost basis of

Use the 1040 form to uncover opportunities for clients

Use the 1040 form to uncover opportunities for clients

During tax season, it’s common for both advisors and clients to be focused on tax filing forms. But tax forms may be used for more than just filing taxes. Consider using IRS tax form 1040 to launch a variety of planning discussions. Use the table below to see how the line items reveal information that