IRS

Clients won't be taxed as the result of a deal if they hold the shares in ETFs or index mutual funds.

Despite changes in the new law aimed at scrapping a penalty for most new couples, those from high-income households may owe more this year.

The agency is asking taxpayers to account for multiple jobs within a household and to factor in the $2,000 child tax credit for each kid under 17.

The limit on deductible contributions to health savings accounts will jump by $50 for individuals and $100 for families next year.

A lump-sum distribution for net unrealized appreciation on employer stock can slash a tax bill in half, but there’s plenty of fine print.

With income taxes attached to hardship withdrawals, they are often advised to carefully weigh other options.

The agency processed more of every major type of form during FY 2018 than during the prior year, with the exception of estate tax returns.

The chances of getting audited for people making at least $10 million plunged during the last fiscal year, IRS data shows.

They are not required to pay taxes on income accrued from properties leased for no more than 14 days.

With accounts now often reaching seven figures, estate planning expert Natalie Choate delved into the complexity of the increasingly important tool.

In one case, a 6-year-old owed $7,000 in federal taxes two years after his father, a U.S. Navy senior chief petty officer, died of a heart attack.

“People didn’t want to use up their estate tax exemption,” but that has changed as a result of the new law, an expert says.

Cuts in Medicaid could prove disastrous for low-income retirees who rely on the program for nursing home care, experts say.

The earlier they begin planning, the easier it'll be to avoid a big tax hit.

Capital gains tax rates are not just taxed at a single, more favorable, rate anymore.

New legislation that aims to give workers greater opportunities to save may put the kibosh on a strategy for passing large individual retirement accounts to heirs.

They’re rare, but terrifying. Bear these points in mind when you or your clients face a tax exam.

Clients who owe the IRS should pay their taxes by April 15 even if they have already secured an extension.

The Treasury and IRS are lowering the withholding underpayment threshold to 80%.

A higher standard deduction makes itemizing deductions less valuable.