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It may be time for clients to rethink their children's investments

Posted On September 20, 2018 By Clarfeld

In an effort to simplify tax law, the TCJA changed the rules around the "kiddie tax." Although most advisors would agree the bill did just that, in some situations, it may result in children being taxed at a higher rate than their parents. Cindy Ostrager, a managing director at Clarfeld, provides FinancialPlanning her insight into how this change might adversely affect young adults.

SOURCE: https://www.financial-planning.com/opinion/kiddie-tax-law-changes-may-make-clients-rethink-their-childrens-investments

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