Tax strategies

Brokerage firms are sending tax statements to clients and the IRS with information that differs from the taxes investors ultimately owe, leading some filers to appear to owe tax on profits they never made.

The Internal Revenue Service has decided to once again expand a program that allows retirement plans to receive determination letters after announcing four years ago it was curtailing the program.

The world’s wealthy are increasingly on the move.

A second court rejected claims the search-engine giant abused loopholes to avoid paying its fair share.

The Democratic presidential candidate is seeking to show young voters she would ease one of their biggest economic burdens.

The Internal Revenue Service hopes to improve taxpayer service and cybersecurity by updating its IT infrastructure.

There’s plenty of enthusiasm for new U.S. tax breaks for investing in low-income communities designated as opportunity zones. But many people have delayed spending because of uncertainty about how the incentives will work.

The Democratic presidential candidate made a mistake on deducting medical expenses in 2013 and 2014.

The Vermont senator and his wife earned more than $1 million in total income in 2016 and 2017.

The European Union has taken a closer look at how the search giant uses operations in Ireland to help reduce its corporate tax obligations.

Hedge fund giant Renaissance Technologies is in talks to resolve a dispute with the Internal Revenue Service over a tax maneuver that saved its owners billions of dollars.

A bipartisan group of senators has introduced legislation to make permanent the Work Opportunity Tax Credit, a tax break that encourages companies to hire veterans, people with disabilities and other groups who face barriers to employment, before it expires at the end of the year.

David Knoch, the president of 1st Global, is getting ready for the close of the acquisition of his financial advisory firm by Blucora, the parent company of HD Vest, and is making plans for aligning with a former rival.

The top Democrat on the Senate Finance Committee, Ron Wyden, is reviving a plan that would tax wealthy individuals annually on their investments, instead of when those assets are sold.

For New York City’s luxury real estate brokers, a new mansion tax certainly isn’t welcome news, but it’s better than the alternative.

The Internal Revenue Service treats crypto money as a capital asset like stocks or property, not as a currency.

We can offer clients a huge value and also generate some additional revenue for ourselves.

A pair of congressional representatives has introduced bipartisan legislation to discourage abuses of the conservation easement tax break.

The Internal Revenue Service issued guidance Friday on how to deal with state and local tax refunds in the context of the $10,000 limit on state and local tax deductions under the Tax Cuts and Jobs Act.

Democrats are busy finding new ways to tax the rich. The most straightforward way to do that — an annual tax on household wealth — is an idea with deep roots in Europe that several 2020 hopefuls are hoping to import to the U.S.