IRS

Giving securities that have appreciated in value allows investors to claim a deduction and avoid capital gains taxes if they opt to sell the shares.

IRA balances are up, and so are divorces, particularly among baby boomers. These so-called gray divorces have roughly doubled over the past 25 years, according to the Pew Research Center.

The Internal Revenue Service granted additional relief to victims of Hurricane Harvey on Wednesday by making it easier for 401(k)s and other employer-sponsored retirement plans to give loans and hardship distributions to aid victims.

The agency will allow some Texas residents to file certain individual and business tax returns and make some tax payments as late as Jan. 31.

The cleanup goes on long after the storm has passed. Here’s how financial planners can provide advice for one of clients’ most expensive traumas.

Certain laws may require them to maintain the coverage with their former spouse.

Wealthy people in their 80s have the highest average net worth of any age bracket, according to the agency's study.

What clients don’t know could cost them hundreds of thousands of dollars.

These two accounts are both funded with money that has already been taxed, but there are still important differences that clients need to know.

A checklist for advisors who have clients looking to launch a new business.

The agency says its adoption of WebEx will allow for improved outreach with clients in the more rural regions of the country.

The right strategy can save clients thousands of dollars, although the options are complicated.

With smaller paychecks and longer life expectancies than men, one strategy includes moving their IRA assets into a Roth to reap the tax advantages.

Here are ways to help your high-net-worth clientele invest in exotic categories safely and wisely.

He confessed months after he was caught with 136 pounds of marijuana, investigators say.

Many are unaware that fostering a pet or installing a swimming pool can help them qualify for a deduction.

Clients can claim airfare, lodging fees and half the cost of their meals as long as they can prove the trip is for work.

The accounting method can deliver attractive savings, along with protecting nature or farmland.

Dependent care flex spending accounts can help clients mitigate child care costs, but also reduce tax credits otherwise available.

Tax columnists George Jones and Mark Luscombe of Wolters Kluwer put together a list of important changes from this year that will carry over into the next.