Tax planning

TOPICS / PERSONAL FINANCIAL PLANNING

August 8, 2025

No 2025 information return or withholding table changes under OBBBA

The IRS announced Thursday that it is delaying changes to certain information returns, withholding tables, and reporting and withholding procedures until tax year 2026 “to avoid disruptions.”

April 2, 2025

Bills dealing with tax administration, disaster victims pass House

The AICPA endorsed four of the six bills, all of which passed with bipartisan support and were forwarded to the Senate.

December 1, 2023

End-of-year financial and tax considerations

With 2023 coming to a close, the time is now for clients to take stock of opportunities to reduce their taxable income and plan for their financial future.

May 4, 2021

Tax returns are underrated financial planning tools

Tax time provides an excellent opportunity to create or update a financial strategy. By examining your tax returns, you can glean information that can help you build a financial plan.

March 29, 2021

How CPAs can help clients combining households during the pandemic

CPAs share their thoughts on how to help clients through changes in households.

February 5, 2021

Senate shows bipartisan support for mobile workforce tax legislation

The Senate voted to make room in the FY 2021 budget resolution for mobile workforce legislation. Details of the budget still must be negotiated, but the vote creates the possibility that mobile workforce legislation, which the AICPA strongly supports, will be enacted this year.

December 16, 2020

Help clients make the most of 2020 charitable giving

Mike Landsberg, CPA/PFS, discusses what he’s seeing in terms of charitable giving this year, how the CARES Act has affected giving, and how clients can use giving to save on taxes while contributing to causes that matter to them.

December 8, 2020

New Form W-4 slow to gain traction with taxpayers

Only 26% of taxpayers have changed their withholding since Form W-4 was revised in 2019, an AICPA survey found.

December 1, 2020

The COVID-19 era: Planning for the year end and beyond

Tax-savvy and risk-averse strategies come to the fore.

December 1, 2020

Ask the expert: Tax planning

Karla D’Alleva Valas leads Fidelity Charitable’s adviser success strategy focused on CPAs who prioritize charitable planning as integral to their practice. Previously, she led the Complex Asset Group, a team of attorneys working with CPAs to facilitate charitable donations of appreciated private company stock and other nonpublic assets.

November 16, 2020

It’s a tough year for year-end tax planning

Advisers face the difficult task of helping clients plan for next year without knowing for certain which party will control the Senate.

October 1, 2020

Time to consider a Roth conversion

A qualified rollover contribution to a Roth IRA or an in-plan rollover to a designated Roth account, known as a Roth conversion, can be attractive for CPA advisers’ clients because it provides a higher net present value of cash flow from their retirement savings, benefiting themselves or their beneficiaries.

August 3, 2020

How to help a client retiring abroad think about taxes

This article discusses how CPAs can help their clients navigate the tax and financial planning complications of retiring overseas.

July 1, 2020

Ask the expert: Investing with an eye on taxes

Duncan Gates is Avantax’s Strategist–TSI Advisor Experience. In this role, he is responsible for providing education on tax-related topics and concepts, advisor training, and distribution of the Tax-Smart Investing platform.

June 19, 2020

Guidance on how to take CARES Act distributions from qualified plans

The IRS released guidance on how taxpayers can take coronavirus-related distributions from qualified retirement plans as authorized by the CARES Act.

June 8, 2020

Why Roth conversions still make sense after the SECURE Act

Changes brought on by the SECURE act have added new wrinkles to the planning process that must be considered by IRA owners and CPA financial planners.

June 1, 2020

Look before you leap into a 529 plan

Circumspection is called for in funding students’ higher education.

November 1, 2019

Planning for Medicare taxes, premiums, and surcharges

Don’t neglect these basic health care considerations in clients’ retirement planning.

May 1, 2019

Avoid tax traps with a timely appraisal

New basis-consistency requirements make defensible valuations even more important.

May 1, 2019

Optimizing residential real estate deductions

The new Sec. 199A safe harbor and tangible property regulations offer ways for landlords to reduce taxable income from rentals.

FROM THIS MONTH'S ISSUE

Flip out with the latest Tech Q&A

The September Technology Q&A column shows how to create dynamic to-do lists with Excel's checkboxes and also how to set up multifactor authentication texts that don't rely on phones. Flip through both items and view a video walkthrough in our digital format.