Managers of Wealth Americas

A 5% wealth tax? Preparing clients for California's Billionaire Tax

California's proposed Billionaire Tax Act presents estate planners with significant challenges, including retroactive application, anti-abuse provisions and unresolved questions about its treatment of trusts.

California wealth tax holds narrow lead

A billionaire tax is on the bubble — as are two rival measures on the same ballot.

Trump makes false claim about Bank of Canada while defending Canada tariffs

Trump claimed Canada allows its banks to operate in the United States while blocking American banks from Canada

Billionaire Mark Cuban Blasts ‘Insane’ Ro Khanna Wealth Tax Proposal

For those whose fortunes are tied up in illiquid assets, U.S. Rep. Mo Khanna suggested the government could provide loans in exchange for shares.

Tether Completes the Largest Inaugural Financial Audit in History

KPMG U.S. issues unqualified audit opinion on Tether’s 2025 financial statements – the most positive form of opinion an independent auditor can issue

KPMG Counted Every Gold Bar: Tether Lands Its First Full Audit After Years of Doubt

For a firm that spent years batting away doubts over whether its USDt token is truly backed one-to-one, it is a symbolic win.

Google co-founder Sergey Brin spending more than $100 million fighting California wealth tax

Google co-founder Sergey Brin has poured $102 million into a political nonprofit bankrolling ballot measures that could block California’s proposed wealth tax on billionaires.

Why Wealth Taxes Always Fail

Wealth inequality may very well be a problem worth addressing, but wealth taxes are not the solution.

NYC's pied-à-terre tax rollout leaves frustrated longtime owners fighting bills

Thousands of primary homeowners claim to have been wrongly flagged for a levy meant for second-home owners, sparking a scramble over exemptions.

A&M Tax Policy Quarterly Outlook: Q2 2026

The publication also provides a comprehensive overview of key tax policy and controversy updates across regions, offering practical insights into jurisdictional trends and legislative changes.

Fidelity widens SMA lineup as tax optimization reshapes wealth advice

New custom and model strategies target advisors chasing scale in a managed account market approaching $17 trillion.

AssetMark Tax Management Services Surpass $10 Billion in Tax-managed Assets

Milestone follows 1.42% in average annual tax savings delivered in 2025, as advisors seek scalable tax overlay technology and more personalized advice

Tax Optimization Becomes New Battleground for Wealth Manager Differentiation

Cerulli finds platform sponsors increasingly prioritizing tax management capabilities as firms seek more reliable sources of post-tax alpha

IRS Tightens FBAR Penalties for 2026 - Clear Start Tax Warns Holders of Foreign Accounts to Review Filing Obligations

The annual obligation to report foreign financial accounts gets more attention with each passing year as the federal government adjusts penalties for inflation and intensifies enforcement on undisclosed offshore holdings.

Where investment returns meet tax returns (Part II): Overcoming impediments

For wealth firms willing to offer more integrated tax services have several options to solve for lack of expertise, seasonal strains, and other challenges around tax prep work.

Baker Tilly Announces Agreement to Acquire Anchin; New York City to Become Firm Headquarters

Acquisition reinforces Baker Tilly's long-term commitment to New York and expands its presence in the world's leading financial center.

Bernie Sanders slams system letting US firms use Malta as 'tax haven' for profit

Senator says companies are shifting profits offshore

When Federal Tax Breaks Stop at the State Line

The expansion of qualified small business stock is a prime example.

Investor appetite for Parametric Tax Optimized Ladder strategy reiterates broader focus on tax management

The study also found that clients increasingly focus on net buying power—the after-tax outcome—rather than headline returns.

Tax day is a reminder of America’s unequal tax system. But we can fix it

There is no justification for a regressive system in which the super-rich contribute less than the rest of us