Tax strategies

The Internal Revenue Service has released new procedures that help a taxpayer make the decision on whether to opt for a qualified terminable interest property election to reduce estate taxes.

The very rich are different from you and me. They even have their own IRS audit squad.

This U.S. presidential campaign, and particularly that of Democratic Senator Bernie Sanders of Vermont, moved the issue of income inequality front and center. Now there are some new numbers in that department, and they won’t make many people happy.

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.