IRS

Rich professionals have found a new way to bypass income limits created by Congress.

Divorced women are more financially prepared for retirement than their single, never-married counterparts because they are more likely to secure their marital home after the separation.

Part of the problem stems from how slow regulators have been to define their views of virtual currencies.

Here’s what advisors need to know about the 20% qualified business income rule.

Clients can boost IRA retirement savings with this strategy, but shhh! Avoid certain terms.

The typical tax-deffered savings account can easily hit $1 million — mathematically speaking.

Failing to monitor reinvested dividends could boost their tax bills.

Passive income held offshore may benefit from an arcane provision signed into law by President John F. Kennedy.

The service offers some do’s and don’ts for taxpayers who get a frightening envelope.

Because next year will be too late.

Clients should not only check the fees, but also compare their after-tax returns.

Reporting to the IRS can be complicated and boost preparation fees by as much as 300%.

The break on qualified business income will save company owners an estimated $415 billion over the next decade. Are your clients eligible?

There are only two ways to transfer IRA assets tax free in a divorce proceeding.

One strategy includes encouraging clients to wait until the age of 70 to start collecting Social Security benefits.

CPAs and enrolled agents who added planning services generated an average of $1.7 million in incremental revenue over five years, a survey shows.

The itemized deduction for investment fees may have been eliminated, but clients still need guidance on paying IRA expenses. Here's what to tell them.

Financial advisors should immediately contact clients with prenuptial agreements to see if they’re impacted.

A recent report from Democrats on the Joint Economic Committee says that Social Security is being threatened, and the federal government should consider modernizing and enhancing the program.

Holiday parties and team-building outings may still be deductible. What about entertaining prospects over dinner?