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.
The IRS released guidance on how taxpayers can take coronavirus-related distributions from qualified retirement plans as authorized by the CARES 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.
Don’t neglect these basic health care considerations in clients’ retirement planning.
The new Sec. 199A safe harbor and tangible property regulations offer ways for landlords to reduce taxable income from rentals.
New basis-consistency requirements make defensible valuations even more important.
A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.
CPA financial planners named charitable giving, business structure and estate plans as the areas of clients’ financial plans they have had to adjust most frequently following the passage of the TCJA, according to a recent survey.
Learn about a few of the many valuable planning opportunities you can uncover when reviewing a client’s tax forms.
Consumers are seeking a primary point of contact to address the full scope of their financial needs.
Having too large a tax refund, or having to pay too much in taxes, can be a sign that your financial plan needs revising.
Without guidance, clients can end up giving to charity in ways that aren’t tax-efficient.
Lisa Featherngill, CPA/PFS, and Brooke Salvini, CPA/PFS, discuss how having tax knowledge has helped them practice financial planning.
This article helps CPAs familiarize themselves with the rules surrounding inherited IRAs and the best ways to deal with these accounts.
An underserved market awaits CPAs attuned to younger taxpayers’ perspectives.
Many tax attributes vanish at the end of life, and clients are well-advised to include them in their final arrangements.
A professional liability claim may occur if a client’s expectation and the results of the tax services do not coincide.
The start of a new year allows clients to take a fresh look at their investment strategy.
Wealth planning with these often highly advantageous tools must be weighed against possible drawbacks of income tax accounting.
This column offers ideas and describes what’s involved in helping clients make a well-informed choice.