Tax strategies

President Barack Obama would veto a tax-break agreement being negotiated in Congress by Senate Democrats and House Republicans.

With only a few days remaining on Congress's 2014 legislative calendar, there is still no clear answer for whether and how Congress will deal with the nearly 60 "extender" tax provisions—the temporary provisions that have been routinely extended on a one- or two-year basis but were allowed to expire at the end of 2013.

Tax extenders, temporary tax provisions that are reinstated by Congress on a regular basis, have been a recurring part of the tax arena for years. Most of the current group up for debate have expired at the end of 2013, and their eventual extension will be retroactive, but not all will be extended. Here are the best bets.

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

The Net Investment Income Tax, which was included as part of the Affordable Care Act, will be hitting taxpayers and practitioners alike this coming tax season.

If the lame duck session of Congress fails to address the tax extenders, it will fall to incoming House Ways and Means Committee chairman Paul Ryan, R-Wis., to see that they get passed early in the next session of Congress.

Crowe Horwath LLP has issued a year-end tax-planning guide with information on income tax deductions, education planning, investing, retirement and estate planning, and tax rates.

The National Society of Accountants has offered a set of year-end tax tips for individual taxpayers, courtesy of Wolters Kluwer CCH.

HD Investment Services has enhanced its 1040 Analyst wealth management tool with additional retirement planning features.

Warren Buffett is again showing how to use the U.S. tax code to his advantage.

Wolters Kluwer CCH has released a new tax briefing document analyzing the federal tax legislation outlook along with strategies that taxpayers and businesses should consider for reducing their income taxes.

The Internal Revenue Service has issued guidance clarifying the impact that a 2014 rollover of an individual retirement arrangement has on the one-per-year limit imposed by the Tax Code on tax-free rollovers between IRAs.

Ernst & Young has published the latest annual edition of its tax guide, the EY Tax Guide 2015.

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

Both parties in Congress agree the U.S. Tax Code is a mess and needs to be revamped. That doesn’t mean it will happen.

Gearing up for the new repair regs

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

Individuals who lost money in the stock market in 2014 may have other investment assets that have appreciated in value. These taxpayers should consider the extent to which they should sell appreciated assets before year end (if their value has peaked) and thereby offset gains with pre-existing losses.

As 2014 draws to a close, there may be more planning opportunities than ever before, but also more traps for the unwary, according to Grant Thornton LLP.

U.S. Wealth Management president and CEO John Napolitano discusses the key elements in building a holistic financial plan for clients and their families, in an interview with Accounting Today managing editor Tamika Cody.