Tax rates

As Congress wrangles, advisors are struggling to figure out how to help clients.

Trusts aren’t just for the .01%, as some advisors sell mass affluent and high-net-worth clients on their tax benefits.

The near doubling of the capital gains tax rate would have a large impact on the net profit from any sale of any capital asset.

Fueled remote work and worries over tax hikes, financial advisors who live in expensive cities are trimming their personal tax bills by moving to low-tax and no-tax states.

The proposed changes are worrying investors and their tax advisors, especially the possibility of making them retroactive.

Some world’s wealthiest individuals paid little to no federal income taxes, IRS records show.

Uncertainty around coming tax changes and the coronavirus pandemic are making it harder for tax pros to plan.

Signs are mounting that anxiety among congressional Democrats will significantly temper any increases that manage to pass Congress.

If Biden’s proposal is enacted, Nir Kaissar writes many investors will dump their funds to avoid paying a higher tax down the road.

A proposal is expected as early as next week as part of the administration's tax increases to fund social spending in the forthcoming “American Families Plan.”

As Congress considers Biden’s $2.25 trillion spending and tax proposal, party members are being explicit with their constituents about how much it’ll cost them.

Stocks can take a hit when rates rise on corporations and individuals, a BTIG strategist writes.

The Treasury chief said last week that revenue measures would be needed to help pay for Biden’s planned longer-term economic reconstruction program.

The outcomes of two elections in Georgia that are scheduled for Jan. 5 are expected to determine the balance of power in the Senate and may also have an impact on the kind of tax planning that accountants should be advising their clients to do.

Tax policy for the next two years, and therefore tax planning strategies, may be determined in Georgia early next year.

The president-elect's pledge to repeal President Trump‘s tax cuts as soon as he is inaugurated may be stymied for the foreseeable future.

Many taxpayers want to pay less themselves — but want others to pay more.

The agency announced changes to more than 60 tax provisions.

Moving to a lower-tax state is more attractive than ever with the $10,000 cap on state tax deductions.

Establishing an S corporation would protect their profits from federal income taxes of more than 23.8%, an expert says.