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Overall donations to charity organizations fell by 1.7%, while total individual giving decreased by 1.1%, the first drop since 2013.
July 16 -
If passed, non-spouse heirs would be required to drain assets within 10 years after the owner’s death.
July 12 -
Officials hope to peg capital gains to inflation before the president faces reelection.
June 27 -
Under new rules, small business owners can offer their workers tax-free dollars to buy health coverage.
June 25 -
The legislation nullifies a strategy that previously allowed heirs to stretch an inherited account's tax-deferred growth based on their life expectancy.
June 11 -
The rule can create significant tax savings, but in unskilled hands it can just shift the burden elsewhere.
June 7 -
The approved legislation relaxes rules for retirement savers.
May 23 -
In one case, a 6-year-old owed $7,000 in federal taxes two years after his father, a U.S. Navy senior chief petty officer, died of a heart attack.
May 14 -
The tax law overhaul has created planning opportunities.
May 7 -
The firm joins a growing roster of asset managers taking advantage of new tax breaks for investing in low-income communities.
April 30 -
The earlier they begin planning, the easier it'll be to avoid a big tax hit.
April 23 -
The change will boost the firm’s “ability to reach a dramatically larger audience,” said CEO Stephen Schwarzman.
April 18 -
Capital gains tax rates are not just taxed at a single, more favorable, rate anymore.
April 17 -
Errors are regrettably common. They are also easily avoidable.
April 1 -
Those who fail to meet the cutoff face a penalty equivalent to 50% of their required minimum distribution.
March 29 -
The Treasury and IRS are lowering the withholding underpayment threshold to 80%.
March 26 -
A higher standard deduction makes itemizing deductions less valuable.
March 26 -
The regulator is looking into whether brokers made appropriate share class recommendations for the plans as a result of the new law.
March 19 -
The tax law has made deducting philanthropic contributions more difficult, but there are ways to help clients reap benefits from their generosity.
March 19 -
Changing filing statuses and maxing out deductible contributions to IRAs and HSAs are some ways clients received bigger reimbursements.
March 12























