Tax strategies

The Internal Revenue Service is setting up a new unit to target the use of basis shifting between related parties as a way for partnerships to avoid paying taxes.

Tax deductions for meals come with a 50% limit in most cases. Here's a mini guide to noshing breaks for financial advisors, tax professionals and their clients.

Strategic tax leaders worry the election will lead to changes to Inflation Reduction Act renewable energy credits, while tax tacticians worry about changes to federal corporate tax rates.

NDH acquired McGowan Guntermann; Kostelanetz combined with Welty; and Avantax added Erin Hinzmann.

Trump and his advisors have floated plans — on immigration, trade, taxes and the Federal Reserve — that could significantly alter the current calculus.

These competing factions of outside advisors are offering sometimes conflicting plans on tariff hikes, China, health care and taxes.

As one of many providers of the existing and expanding capabilities, Envestnet is urging more financial advisors to consider after-tax optimization.

Tax firm and software provider Ryan has filed suit against the Federal Trade Commission over a rule outlawing non-compete employment agreements.

R&D amortization requirements are becoming a major issue for many companies, causing a significant tax burden they may not be able to handle.

State supreme court rulings granting frozen embryos the same legal status as children will have major impacts on financial planning, writes an expert on estate planning and tax law.

Taxpayers and clients have scads of wrong ideas about taxes — and they have even more wacky notions about tax refunds.

Cum-Ex was a tax-driven trading strategy in which a global network of bankers, lawyers and agents exploited loopholes on dividend payout laws across Europe to reap duplicate tax refunds.

The situation in the long term still looks favorable for the IRS: It now has specific authority to attack syndicated conservation easements that are too abusive.

Experts say that busy entrepreneurs often miss incentives and advantages available to them. Financial advisors and tax professionals can give them a nudge.

Biden's comments, timed to follow Tax Day, sought to highlight differences between his tax and economic agenda and Trump's.

With tax authorities scrutinizing partnerships, CPAs and tax pros need to think more strategically about filing for extensions.

A congressional hearing takes aim at an estate planning strategy that relies on the step-up in basis.

Forvis announced the release of a complementary web-based tax tool for clean energy projects and investments.

An unlikely pair of senators is teaming up to propose legislation to eliminate tax breaks for corporate M&A activity.