Trump tax plan

Changes have left some clients surprised by tax bills or tiny refunds. How to explain what happened and prep them for next year.

Those who fail to repay their loans on time may face early withdrawal penalties.

Some clients may experience a taxable event that pushes them into a higher tax bracket.

Clients can avoid tax liability on their capital gains by donating securities that have appreciated in value, an expert says.

No client wants to pay up. But, some could benefit from more tax exposure in retirement than actual spending.

Modifications should be made as soon as they determine their liability for 2018 and the impact of the new law on their returns, an expert says.

Changes to the law meant some taxpayers needed to adjust their withholding. Many were confused about how to do so.

Multiple rate hikes by the Fed last year contributed to less-than-stellar results.

Scammers are notorious for stealing social security numbers to file fake returns, an expert warns.

The impact of the 35-day partial government shutdown could delay the process this year.

Although income that is taxable is likely to increase for families with two children, their final bills will be smaller.

The proposed regulations also provide guidance for taxpayers who hold interests in regulated investment companies.

A closed phone line to IRS support could present a significant challenge, particularly with changes to forms like the 1040, experts suggest.

Clients who intend to file as soon as they receive their W-2s are advised to start gathering their documents.

Helping clients understand casualty loss rules following an unexpected tragedy.

Clients intending to set up a bank account or mutual fund for their child must consider various provisions.

The Trump tax cut may have changed the calculus for some couples filing joint returns.

The following tips may help clients minimize their liability.

After Dec. 31, spouses responsible for paying alimony won’t get a tax deduction, due to a change under the Tax Cuts and Jobs Act.

Working parents who paid for day care, summer camp or a babysitter on the books are advised to take advantage of this break.