Andrew Shilling

If they plan to use them for current spending, “then the timing of the distribution would not matter for tax purposes,” an expert writes.

Five of the top seven performers this year carry AA ratings.

Funds with higher risk profiles — high-yield and emerging markets — are now paying the price.

While the Trump administration has called for a delay to the April 15 deadline, they have yet to issue formal guidance on when paperwork is due.

With more than $80 billion in combined assets under management, the winners have started out the year with a loss.

Any gains on the sale of a property they've held for over a year may be taxed as much as 20%.

"Asset managers need to be faster and smarter to make the right bets in a fast-changing external environment.”

Designating charities as a beneficiary of their retirement accounts is one strategy that can enhance their tax savings.

Broad-basket commodity sector funds, as well as those long on oil, natural gas and precious metals, accounted for more than half of the laggards.

Some tax credits are refundable, meaning they can get a refund in case the credits exceed their actual tax liability.