IRS

With lowered surcharge thresholds effective this year, strategies to manage the bite are a way for advisors to add client value.

The estate of Michael Jackson looks to have escaped a possibly hefty penalty for allegedly undervaluing the late singer’s assets.

In a year where the market has reached new heights, protecting client’s wealth from losses, including the costs of taxes, is just as important as generating returns.

Advisors say it’s never too early to start saving for college.

Many deductions are likely to disappear if Congress passes the reform bill into law.

The proposed overhaul may severely limit investors’ ability to minimize capital gains on stock.

Many dividend-focused funds use methodologies that exclude real estate investment trusts.

It’s the Roth’s 20th birthday. Where is everyone?

Retirement location "matters just as much to your tax bill as what you have,” an expert says.

The tax plan would make itemized deductions less valuable so some seniors would lose a deduction that covers payments for nursing homes, assisted living or inpatient hospital care.

Clients can enjoy their later years without the worries of work, but will also lose the additional earnings.

Taxpayers face a penalty known as an individual shared responsibility payment if they do not comply, IRS says.

Planners should help clients navigate complex transactions to ensure risk is mitigated as much as possible.

Clients could save significant money when they need it most.

Can your clients use the increasingly popular "still working" rule? Yes, but get a handle on the rules first.

Clients may hold employer stock in their retirement accounts. It pays to know when and how to take distributions from it, Michael Kitces writes.

Clients could face a 100% penalty of taxes owed for filing late.

The IRS is relaxing some rules to make pulling money from retirement plans easier after hurricanes Irma and Harvey, but clients should remember the taxes and penalties associated with withdrawals are unchanged,

These funds can affordably provide clients with REIT exposure.

Early withdrawals from employer-sponsored plans can derail retirement, but may be necessary.