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Under a new Biden proposal, gifts and transfers would be subject to new scrutiny.

The big asset manager’s acquisition of O’Shaughnessy Asset Management is the latest in a string of similar deals by Wall Street.

The goal of Flourish Crypto is to help advisors treat digital currencies like any other asset class.

The federal government spends more money on tax breaks for retirement savings, which disproportionately benefit the wealthiest, than for any other tax-related expense, writes Alexis Leondis.

Rohit Chopra, a liberal consumer watchdog, was approved as the agency’s director nine months after the Biden administration first announced him as the nominee.

The use of a SLAT to eliminate the risk of changes in the estate and gift tax system can help separate legacy assets from lifetime assets.

Joe Maier, JD, CPA, is senior vice president and director of wealth strategy at Johnson Financial Group, where he specializes in business succession, financial and estate planning, and post-death administration needs.

Virgil Miller is the president of group and individual benefits at Aflac.

Rob Keller is a partner in Washington National Tax, KPMG. He specializes in the taxation of pass-throughs and S corporations and also focuses on tax planning for closely held businesses and their owners. Rob is a frequent lecturer and writer on the taxation of partnerships, S corporations, individuals, trusts and estates.

Brad Sprong is the national tax leader for KPMG U.S. Private Enterprise. He has more than 30 years of experience serving clients around the world on their tax needs. He provides services to high net worth, closely held business owners and their enterprises, specifically focused on transition, income tax, transformation to best practices and family-office design.