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- Who We Serve
- What We Do
- About Us
- Insights & Research
Taxes
- Trends & Strategies
A New Tax Landscape: Your Questions Answered
Explore answers to the most pressing client questions
- Tax News You Can Use
The Art And Science Of Like-Kind Exchanges
Like-kind exchanges can defer gain on the sale of property.
- Trends & Strategies
Beyond Sunset: Tax Planning for the One Big Beautiful Bill
Read our insights for individuals, businesses and donors.
- Tax News You Can Use
U.S. Tax On Gifts And Bequests From Expatriates
Learn about the regulations governing the transfer tax.
- Tax News You Can Use
The Opportunity in Qualified Opportunity Funds
Understand the potential tax benefits for investors.
- Tax News You Can Use
The Benefits of a Roth IRA Conversion
Understand the advantages of tax diversification.
- Tax News You Can Use
Planning For Year 10 Under SECURE
Review the implications of the 10-year rule.
- Tax News You Can Use
A New Tax Credit For Illinois Donors
Learn about ways to claim the new Illinois tax credit.
- Tax News You Can Use
You Can’t Take It (All) With You: The U.S. Exit Tax
The exit tax may apply to U.S. taxpayers who relocate.
- Tax News You Can Use
Inherited IRAs and the IRD Deduction
Consider the rules for deductions of estate taxes paid.
- Markets
Six Wealth Planning Strategies for Volatile Markets
Periods of stress present significant opportunities for optimizing your plan.
- Tax News You Can Use
Gone with the wind: Deducting Casualty Losses
Learn how to get tax relief for personal casualty losses.
- Tax News You Can Use
Tax-Loss Harvesting: A Silver Lining Tactic
Learn how tax-loss harvesting can reduce your tax bill.
- Tax News You Can Use
The Tax Benefits of Charitable Contributions of Artwork
Understand criteria used to determine charitable deductions.
- Tax News You Can Use
Focus on Washington: How Does Tax Law Get Made?
Learn how taxation and spending are managed by Congress.
- Tax News You Can Use
Is Now the Time to Convert Your Retirement Account to a Roth?
Learn about which situations favor a Roth conversion.
- Tax News You Can Use
Update to Corporate Transparency Act BOI Reporting Rules
Learn about revisions to the CTA BOI reporting requirements.
- Tax News You Can Use
Tax Issues that May Arise in Divorce and Separation
Consider significant tax issues that may arise in divorce.
- The Art of Collecting
Plan for the Future of Your Art Collection
Understand the financial implications of transferring your collection to family or charity.
- Tax News You Can Use
New Rules for Spouses Electing to Split Gifts
Understand the new rules for making split gift elections.
- Tax News You Can Use
529 Plans and the Case for Saving for College Early
Learn how 529 plans can be a great tool for college savings.
- Trends & Strategies
The Power of Early: The Annual Gift Tax Exclusion
Maximize the benefits of the annual gift tax exclusion.
- Tax News You Can Use
LPs, LLCs, Ltds and Incs: Tax Consequences of Entity Choice
Discover the tax implications of various entity types.
- Tax News You Can Use
Decedent’s Children as Retirement Account Beneficiaries
Learn how to structure optimal beneficiary designations.
- Tax News You Can Use
Ring Out the Old Year: 2024 Year-End Tax Planning
Review last minute tax planning strategies for 2024.
- Tax News You Can Use
Gift Planning Flexibility with SLATs SPATs and DAPTs
Build versatility into your estate planning today.
- Trends & Strategies
2025 Business Owner Benchmark
Find out what strategies business owners are pursuing for 2025.
- Tax News You Can Use
SEP and SIMPLE Retirement Plans for Small Employers
Explore plan options that offer choice and flexibility.
- Tax News You Can Use
Options for a Spouse as Beneficiary of a Retirement Account
Learn about the options available to spousal beneficiaries.
- Tax News You Can Use
Managing Liquidity with Split-Dollar Life Insurance
Discover the benefits of split-dollar arrangements.
- Tax News You Can Use
IRS Grants Extensions of Time for Taxpayers in Declared Disaster Areas
Review for a list of impacted states.
- Election 2024
What Do We Know About Vice President Harris’ Tax Proposals?
Harris’ past policy positions may inform current proposals.
- Tax News You Can Use
What Do We Know About Vice President Harris’ Tax Proposals?
Harris’ past policy positions may inform current proposals.
- Tax News You Can Use
§6166 Deferral and Other Tools for the Illiquid Estate
Learn ways to reduce the liquidity burden from estate taxes.
- Tax News You Can Use
New RMD rules issued by the IRS
We now have certainty on RMDs for inherited accounts.
- For Advisors
Trust Income Tax and the Mysterious DNI Deduction
Insights into complex issues surrounding the taxation of trusts.
- For Advisors
Mega-Backdoor Roth Conversions: Supercharge Retirement
Maximize your client’s savings with these considerations.
- For Advisors
The Expiring Exemption: Is Chicken Little Right?
What could the expiring exemption really mean for taxpayers?
- Trends & Strategies
How to Reduce Your Audit Risks
Best practices for reducing the likelihood of audit, and how to be prepared in the event of one.
- Money Masterclass
The Entrepreneur's Trust
Will your wealth plan encourage your children’s entrepreneurial spirit or foster complacency?
- Trends & Strategies
Preparing for Potential State Wealth Taxes
Understand wealth planning strategies to prepare for potential new state taxes on wealth.
- Money Masterclass
Funding Education: Know Your Options
Explore your options for funding education.
- Trends & Strategies
To Roth or Not to Roth?
Learn why it may be an advantageous time to convert your retirement savings to a Roth IRA.
- Trends & Strategies
Year-End Planning: Challenging Assumptions
Experts share strategies to prepare for the new year.
- Trends & Strategies
Preparing for IPO-Generated Wealth:Your Questions Answered
Learn how your company’s IPO may affect your financial plan.
- For Advisors
2021 Wealth Planning Symposium: Advisor Benchmarking Report
Professional advisors share insights on key themes transforming the wealth planning landscape.
- Trends & Strategies
Interstate Relocation Checklist
Follow these steps to navigate the financial aspects of your move.
- For Advisors
Today's Top Tax and Estate Planning Techniques
Practical advice to give clients the confidence to take action amid an uncertain future.
PARTNER WITH US
Northern Trust works with high-net-worth individuals and families to optimize the impact of their wealth and legacy. Request a meeting to discuss how we can work together.
ABOUT THE INSTITUTE
The Northern Trust Institute is a collaboration of more than 175 experts who harness insights from real-world client outcomes and equip our clients with advice that is tested, meaningful and timely.