What's being proposed: a temporary tax increase on health insurers and additional withdrawals from a state reserve fund to offset impacts on the state's budget from federal tax cuts contained in the Republicans' "One Big Beautiful Bill" Act. House Democrats requested Wednesday's public hearing to give the public more time to weigh in on the proposal after it…
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Over the next few weeks, lawmakers will decide some weighty taxation issues: whether and how to revise the structure of Hawaii's income tax, increase the conveyance tax to fund the Department of Hawaiian Home Lands, end tax exemptions for real estate investment trusts, and about giving cruise ships a break on the transient accommodations tax.
DES MOINES— A temporary tax increase on some health insurers advanced by Iowa lawmakers would ultimately raise health care costs for employers and families already struggling with rising premiums, insurance industry officials and business advocates warned, arguing the burden will be passed directly on to consumers. The Iowa House approved the proposal…
Advisors in Texas and California banned for fraud scams
Two advisors were penalized last week for scamming clients and advisory firms out of hundreds of thousands of dollars.
A bill advancing rapidly in the Iowa House would make a one-time tax increase on some health insurers and draw money from the Taxpayer Relief Fund to address the state's Medicaid shortfall. The bill would also include a $296.2 million transfer from the state's Taxpayer Relief Fund to account for state revenue declines caused by changes made through the…
DES MOINES— A temporary tax increase on some health insurers advanced by Iowa lawmakers would ultimately raise health care costs for employers and families already struggling with rising premiums, insurance industry officials and business advocates warned, arguing the burden will be passed directly on to consumers. The Iowa House approved the proposal…
Charitable giving planning can strengthen advisor/client relationships
As investors increasingly seek advice that goes beyond portfolio construction and performance, new research highlights charitable-giving conversations as an under-realized aspect of financial planning.
What's being proposed: a temporary tax increase on health insurers and additional withdrawals from a state reserve fund to offset impacts on the state's budget from federal tax cuts contained in the Republicans' "One Big Beautiful Bill" Act. House Democrats requested Wednesday's public hearing to give the public more time to weigh in on the proposal after it…
New $6K deduction could provide tax planning window for retirees
Following the One Big Beautiful Bill Act, eligible retirees may face a lower tax bill in the coming years.
What's being proposed: a temporary tax increase on health insurers and additional withdrawals from a state reserve fund to offset impacts on the state's budget from federal tax cuts contained in the Republicans' "One Big Beautiful Bill" Act. House Democrats requested Wednesday's public hearing to give the public more time to weigh in on the proposal after it…
The bill was tentatively scheduled for debate Thursday in the Iowa House after it passed the Appropriations Committee in a 14-10 vote Monday. The proposal also would transfer $296.2 million from the Iowa Taxpayer Relief Fund to account for state revenue decreases caused by tax cuts through the "One Big Beautiful Bill" Act approved by President Donald Trump…
A bill advancing rapidly in the Iowa House would make a one-time tax increase on some health insurers and draw money from the Taxpayer Relief Fund to address the state's Medicaid shortfall. The bill would also include a $296.2 million transfer from the state's Taxpayer Relief Fund to account for state revenue declines caused by changes made through the…
What's being proposed: a temporary tax increase on health insurers and additional withdrawals from a state reserve fund to offset impacts on the state's budget from federal tax cuts contained in the Republicans' "One Big Beautiful Bill" Act. House Democrats requested Wednesday's public hearing to give the public more time to weigh in on the proposal after it…
High-risk assets gaining attention from many Americans
A sizable number of Americans – particularly young adults – are investing in or are considering investing in high-risk/speculative assets such as prediction markets, sports betting and cryptocurrencies.
New premium for single-premium products — both buy-out and buy-in contracts — surged 132% in the fourth quarter to $28 billion, according to LIMRA’s U.S. Group Annuity Risk Transfer Sales Survey.
A proposal to temporarily increase a state tax on health insurance premiums to help cover a $1 billion shortfall in the state budget will impact Wellmark Blue Cross and Blue Shield, the state's largest health insurer, much less than the company originally feared, Wellmark officials and state administration leaders said. Kim Reynolds' administration has…
Where love meets preparation
The day my father gave me a gift of peace, clarity, preparation – and love.
Investors remain skeptical of AI in financial advice
Only 38% of affluent investors are comfortable with artificial intelligence, according to Cerulli Edge-U.S. Retail Investor Edition.
A bill advancing rapidly in the Iowa House would make a one-time tax increase on some health insurers and draw money from the Taxpayer Relief Fund to address the state's Medicaid shortfall. The bill would also include a $296.2 million transfer from the state's Taxpayer Relief Fund to account for state revenue declines caused by changes made through the…
OBBBA opens the door for advanced wealth transfer strategies
The One Big Beautiful Bill Act opens the door for advisors to implement advanced wealth transfer strategies in 2026.
