Trump tax plan

Although the federal penalty was axed for those who failed to register for a plan, some states will continue to impose the coverage mandates.

The potential for higher taxes next year may accelerate deals.

While some tax-planning tasks can be time-sensitive, the challenge is to tackle the others that aren’t in a calculated fashion, an expert explains.

Clients who have yet to make withholding adjustments to cover their tax liability still have time to avoid the extra burden.

Clients who own a business may be eligible for a 20% deduction as a result of tax overhaul. For those who don’t qualify, there are other savvy strategies

The funds may be gaining traction among older investors with significant assets, but rarely live up to their billing.

The 2017 Republican tax law approximately doubled the estate and gift tax exemption.

Despite raised thresholds, advisors can still find big itemization opportunities if they know where to look.

Those who fail to meet the cutoff face a hefty penalty that could hit as much as 25% of their dues.

Overall donations to charity organizations fell by 1.7%, while total individual giving decreased by 1.1%, the first drop since 2013.