Tax planning

To help individuals and businesses prepare for filing season, Grant Thornton has released a collection of year-end tax tips.

The Penn Wharton Budget Model says it would raise $2.3-$2.7T, not $3.75T

Plenty of tax deferral and impact investment runway is left even if clients miss the Dec. 31 deadline.

There are still several ways to minimize 2019 tax bills before the end of the year.

New guidance, rules and enforcement efforts from the IRS aim to improve cryptocurrency reporting.

Here are some of the most commonly used vehicles for tax-advantaged giving your clients can deploy all year round.

There are a host of ways to make the most of the month ahead.

Neil Fishman of the National Conference of CPA Practitioners shares the main issues that tax preparers should be paying attention to as the next filing season approaches.

Final regulations confirm that individuals who take advantage of the increased gift and estate tax exclusion amounts that are in effect from 2018 to 2025 under the Tax Cuts and Jobs Act won’t be adversely affected after 2025.

Even Alexandria Ocasio-Cortez is skeptical about the viability of Elizabeth Warren’s wealth tax to pay for trillions of dollars in government programs and address income inequality.

Technology, declining budgets and other factors are radically changing how and which tax returns get looked at.

Rev. Proc. 2019-46 reflects changes from the Tax Cuts and Jobs Act.

Democratic representatives are working on legislation that would nearly double the top individual U.S. tax rate on the highest incomes.

Internal Revenue Service Commissioner Chuck Rettig told an audience of tax professionals and accountants that he wants to hear from them about the impact of the far-reaching IRS reform legislation that Congress passed earlier this year.

Moderate Democrats in Congress are crafting viable alternatives to Elizabeth Warren’s wealth tax, amid increasing concerns that her soak-the-rich strategy won’t pass even if the party captures both chambers of Congress in 2020.

Senator Elizabeth Warren’s proposed wealth tax could be a gift to an industry she has accused of looting Americans — private equity.

With two of the leading presidential candidates competing to promote sweeping tax hikes on the ultra-wealthy, two other Democrats are advancing a more modest surtax on high incomes that supporters say has a better chance of actually becoming law.

The guide provide advice for taxpayers on how to comply with the Tax Cuts and Jobs Act and other tax changes.

The Internal Revenue Service issued its annual inflation adjustments for retirement plans.