Tax strategies

The president called for higher taxes on the rich to fund a massive investment in the nation’s social safety net.

If employees are a company’s greatest assets, then children are a person’s greatest treasure.

The sweeping $1.8 trillion plan would be funded in part by the largest tax increases on wealthy Americans in decades.

The 10-year plan would ramp up federal support for American families, with a major expansion in spending on child care, paid leave and education.

President Joe Biden’s coming tax package will feature an end to a major benefit for wealthy estates that drastically minimizes the levy for inheritors, along with a bump up in the top income tax rate and funding for strengthened IRS auditing, according to a person familiar with his proposal.

An inside look at the Biden's administration's proposals for paying for its infrastructure plans.

It’s all but inevitable that the Biden administration, as well as lawmakers at the state level, will target millionaires and billionaires for more levies.

Sen. Ron Wyden proposes ending existing tax breaks for fossil fuels and creating new incentives for low-and-no carbon energy sources.

Many RIAs can qualify for this lucrative benefit. Here’s what you need to know this tax filing season.

The Netherlands, long considered to be at the heart of a system of multinational corporate profit-shifting, has signaled that it’s ready to support a U.S. proposal that ends the practice.

Republicans are working on developing a far smaller infrastructure package than the Biden administration’s American Jobs Plan, relying on user fees such as tolls instead of corporate tax increases.

A new initiative called Operation Hidden Treasure is only the latest in the service’s approach.

The president's tax hike proposals will deal a blow to corporate earnings growth next year, Goldman Sachs strategists warned.

Do you have a plan for how to use these extra 32 days?

Virtually all tax advisors have accepted the inevitability of taxes increasing. The only open questions seem to be when and how high.

Concerned that tax rates and IRS bills may rise under Biden, wary advisors note that Roth plans are not just for younger investors.

When choosing a business entity type, general contractors must think about the legal, financial and tax implications.

The service intends to take steps to automatically refund money starting in May and continuing through the summer.

The service released a FAQ to explain how students and universities should report emergency financial aid grants related to the pandemic.

Estimates suggest that the total of the net operating loss refunds may eventually top $25 billion.