Rich Clients Uneasy About How Tax Law Impacts Them

Tax reform has turned out to be a mixed bag in terms of its benefits to wealthy clients, according to a panel of tax specialists.

The reform package’s rule regarding the repatriation of overseas cash could benefit investors by leading to rising dividends and stock buybacks, they said.

But high-net-worth individuals are increasingly concerned about limitations in their deductions under President Trump’s new tax act.