Tax strategies

Investors have been taught by our elders since time immemorial to live by the adage, “Buy low, sell high.”

With the April 2016 tax filing season behind us, it is time to start focusing clients on new tax issues they will be facing for the current tax year.

The Internal Revenue Service has released final regulations providing guidance to private foundations on program-related investments.

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

Last week the Tax Court, in a case of first impression, ruled that payments made by a decedent through a trust to pay premiums on life insurance policies obtained to fund buy-sell agreements should not be regarded as loans still owed to her estate.

Rep. Sander Levin, D-Mich., the ranking member of the tax-writing House Ways and Means Committee, and other House Democrats introduced legislation Wednesday to restore the estate tax and gift tax rate and exemption level to the same amounts as in 2009.

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

Many CPAs are involved with estate planning and need to determine the assets and liabilities of a client.

Why would anyone spend $24 million to buy a 1 percent stake in the New York Yankees? Minority ownership seems like a lose-lose proposition: A lot of money for very little power. For wealthy sports fans, though, it’s cool—and can be one heck of a tax shelter.

The tax benefits of home ownership, which generations of U.S. residents have counted on, have been elusive for typical buyers since mortgage rates started tumbling in 2008, according to an analysis by John Burns Real Estate Consulting LLC.

When one dies owning commercial or rental residential real estate, a cost segregation study can be a highly effective tool for reducing the estate’s tax burden.

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.

It’s March and the college basketball tournament season is upon us. It is estimated that over $12 billion will be wagered on the NCAA tournament (compared with $10 billion on the Super Bowl).

Kerri Swope of Care.com HomePay talks in this video about some of the tax breaks that are available to families, such as the Child and Dependent Care Credit.

The Treasury’s latest Green Book points to available ‘tax loopholes’

While it has been around in a variety of forms since 1993, the exclusion for Qualified Small Business Stock Gains under section 1202 of the Tax Code didn’t really come into its own as a tax benefit until the exclusion rate increased to 100 percent in 2010.

The Internal Revenue Service has issued a notice delaying the estate basis reporting due date from March 31 until June 30, 2016.

Close to half of U.S. investors assess their broader wealth and financial situation during tax season, according to a new survey.

The number of presidential candidates has been steadily winnowing down in recent weeks as they suffer defeats in the primaries and caucuses, and so too their tax plans have been falling by the wayside.