Tax planning

With summer now behind us, it’s time for older taxpayers—those ages 65 and above—to consider how they will be affected by the higher post-2016 floor beneath medical expenses.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

As both major Presidential candidates’ campaigns get into full gear, some of their positions on tax have become clearer, while others are still up in the air.

Hillary Clinton wants roughly $550 billion in new taxes and fees over the next decade—affecting investment partnerships, large estates and banks—that have received little to no public discussion from her campaign, a report from a Washington-based policy group shows.

Year-end planning through the rearview mirror

Assets in college savings plans named for an obscure section of the Internal Revenue Service code hit a new record this summer, totaling $266.2 billion. That’s up 5.1 percent from a year ago, when assets in the accounts stood at $253.2 billion.

Win or lose, CPAs providing financial and tax advice to their clients might be in treacherous territory.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Donald Trump will tout his plan to cut taxes for individuals and businesses on Thursday as a way to stimulate economic growth, but a question that has loomed over the proposal for roughly a year will remain a topic of debate among economists: By how much would Trump’s tax cuts reduce federal revenue?

Ivanka Trump helped introduce her father's childcare plan in suburban Philadelphia on Tuesday, leaving little doubt that she was a driving force behind the proposal to make child care expenses tax deductible.

Republican presidential nominee Donald Trump’s child-care plan would guarantee six weeks of paid maternity leave to working mothers, and Trump’s daughter Ivanka will join him in suburban Pennsylvania as he discusses the issue, his campaign said Tuesday.

Families who have been paying a babysitter or nanny over the summer to provide childcare may be able to cut back now that school is in session, but that doesn’t mean they can avoid the so-called “nanny tax.”

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Tax experts dig into the presidential candidates’ tax plans

The Internal Revenue Service unveiled a new procedure Wednesday to help people who accidentally miss the 60-day time limit for rolling over their retirement plan distributions into another qualified retirement plan or individual retirement account.

Most people have never heard of the alternative minimum tax, and those that have probably would love to forget about it and wish that it would just go away.

There are plenty of reasons to get married. Your taxes may not be one of them.

Although the tax positions of the two major candidates would face major hurdles before either one becomes law, interested observers have wasted no time in dissecting them, praising them or pointing out defects.

Democratic presidential nominee Hillary Clinton could have cut her 2015 federal tax bill roughly in half—lopping about $1.7 million from what she owed—under the plan offered by Republican rival Donald Trump.