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Recent tax law changes make gifting from an IRA an even better bet.
September 21 -
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The IRS estimates alternative minimum tax filings will decrease to 1 million from 10 million as a result of the law.
September 19 -
Under the new tax law, the tax on children’s investments and unearned income could end up costing a pretty penny.
September 19
Clarfeld Financial Advisors -
One way to avoid the additional burden is to take advantage of tax-deferred retirement accounts.
September 18 -
Taxpayers won’t get big federal write-off above state credit.
August 24 -
Although the rules have become more lenient, high-income clients must not be complacent.
July 3 -
As a sustained bull run has made portfolios swell, managing the tax bill on those gains has become increasingly vital.
May 31 -
Although designed to spur productivity, the Tax Cuts and Jobs Act could have the reverse effect.
May 22 -
Although annuities incur taxes and costs, clients "can invest the same amount into a diversified municipal bond portfolio and pay no taxes,” an expert says.
April 24 -
Audit rates are dropping, but there are still triggers that taxpayers can avoid to further reduce their risk.
April 9 -
Clients may be in the dark about the regulators new rules for taxing digital currencies.
March 23 -
Although funded with after tax dollars, what clients owe will be lower than the liability on traditional IRA withdrawals in retirement.
March 20 -
The added savings could be used to pay off student loans as well as increase mortgage payments and retirement plan contributions.
March 6 -
Claiming above-the-line tax write-offs doubles the standard deduction.
February 6 -
Financial planners report wide demand to learn how to exploit changes in the tax code.
December 22 -
Personal exemptions may be lost but households can expect higher savings from the child tax credit, an advisor says.
December 21 -
The proposal includes changes in everything from the corporate tax rate to Obamacare.
December 19 -
The right strategy can help minimize their future estate taxes.
December 19 -
Some brokerage firms are concerned that the tax overhaul could spur their employee advisors to set up their own shops or switch firms to lower their tax bills.
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