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More tax savings means happier clients and potentially wealthier financial advisors.
December 1 -
Donor-advised funds are under scrutiny for providing a tax break but not funneling money to charities.
November 23 -
Taking the prize in annual installments over 29 years, rather than all upfront, dramatically increases the windfall. Lottery victors with seven-figure winnings can also reduce their tax bill.
November 8 -
The flow of money from private foundations to donor-advised funds has jumped substantially in recent years, highlighting the increasing use of a controversial loophole in charitable law, a new audit shows.
October 28 -
Inflation adjustments to tax brackets mean many Americans will owe less money to the IRS. But persistent inflation may erode the boost.
October 19 -
Florida, Texas and Arizona are the top destinations; the first two have no income tax, and the third is moving to a flat rate soon.
October 17 -
Donor-advised funds, favored by rich businessmen and celebrities, rack up tax benefits while delaying charitable giving.
October 3 -
Many see Social Security reform as needed but question remedies put forward by Rep. Angie Craig and others in Congress.
September 7 -
The Empire State is expanding a tax break that allows smaller companies to circumvent the $10,000 limit on state and local tax deductions.
August 19 -
DAFs have been receiving more than half their contributions from complex assets such as shares of public and private companies, real estate and cryptocurrency in the past five years.
August 8