IRS

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.

These products are meant for short- and intermediate-term investing and should carry enough risk to grow and meet the goals over time.

Avoiding these mistakes with a small business is essential.

Morgan Stanley is in “advanced discussions” with the IRS to resolve any client tax underpayments, according to an SEC filing.

How IRA conversions can come at a steep price for clients. Plus, ways to dodge a surprise bill from the IRS.

Just in case clients are looking to cut few corners, here are some of the most common tax frauds that the agency is ready to pounce upon.

When a tax-deferred account is part of an estate, failure to follow the tax rules correctly can result in a financial disaster.

How a couple wrote off cat food and other breaks that boosted refunds. Plus, how charity counts toward an IRA withdrawal.