Tax Facts was first published in 1951 in a slim, 137-page volume covering the income, estate and gift tax aspects of life insurance and annuity ownership, titled Tax Facts on Life Insurance. Since that first year, the breadth and depth of Tax Facts coverage has grown to include employee benefits, business continuation, individual and qualified retirement plans, as well as decades of hard-to-find rulings and clarifications of longstanding regulations.
In 1983, Tax Facts grew to two volumes, with the second covering investments of all types: stocks, bonds, mutual funds, real estate, and the tax requirements related to each. What began as a 234-page book grew rapidly as tax reform in the 1980s multiplied the rules covering the treatment of investments.
In its over-50-year history, Tax Facts has become the industry standard for clear, up-to-date thorough tax information. Now in an all-inclusive online format, every answer, ruling and table is easier than ever to find.
"Tax Facts is the place I go to find the answers to those tough life insurance questions that no one else has - and to check those they do. It's THE SOURCE for authoritative income, estate, and gift tax information on life insurance and annuity contracts."
Creator of The National Underwriter Company's Tools & Techniques Series, Co-Author, Tools & Techniques of Life Insurance Planning and Tax Planning With Life Insurance
"Tax Facts is THE benchmark standard that all other resources are measured by, for financial planners that might need to look up a question about any kind of tax-related issue involving a client. The Tax Facts series sits on a bookshelf right next to my desk for easy and regular access, and only leaves when I replace it with each year’s update!"
Michael E. Kitces, MSFS, CFP(r), CLU, ChFC, RHU, REBC
Director of Financial Planning
Pinnacle Advisory Group
"I cannot imagine practicing in the insurance and financial planning field without access to Tax Facts, and most practitioners don't."
John L. Olsen, CLU, ChFC, AEP
Principal: Olsen Financial Group