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Although income that is taxable is likely to increase for families with two children, their final bills will be smaller.
January 22 -
The proposed regulations also provide guidance for taxpayers who hold interests in regulated investment companies.
January 22 -
A closed phone line to IRS support could present a significant challenge, particularly with changes to forms like the 1040, experts suggest.
January 15 -
Clients who intend to file as soon as they receive their W-2s are advised to start gathering their documents.
January 8 -
Helping clients understand casualty loss rules following an unexpected tragedy.
December 28
Baird Private Wealth Management -
Clients intending to set up a bank account or mutual fund for their child must consider various provisions.
December 24 -
The Trump tax cut may have changed the calculus for some couples filing joint returns.
December 18 -
The following tips may help clients minimize their liability.
December 14 -
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.
December 11 -
Working parents who paid for day care, summer camp or a babysitter on the books are advised to take advantage of this break.
December 11 -
Some of the changes to rental property rules may be confusing for clients.
December 4 -
To prepare for questions — and their own filings — planners should note these tips.
November 27 -
Still, time is limited. Tell clients they’d better take advantage of the current exemption before it expires.
November 21 -
If they’re just writing checks, “that’s coming directly out of their cash flow,” one expert says.
November 20 -
Nonprofits may experience a decline in revenue as more taxpayers are expected to opt for a standard deduction this year.
November 20 -
The Trump tax overhaul could mean less after-tax money to go around.
November 6 -
The lender will give $1,000 cash bonuses in December to eligible employees making less than $100,000 annually, CEO Brian Moynihan said.
October 30 -
Clients nearing retirement should consider standard and itemized deductions and choose the option that will generate the bigger savings.
October 23 -
Tax overhaul has scrapped taxes on a child's excess unearned income at the same rate as their parents.
October 16 -
Nuveen has pared allocations to non-U.S. developed market equities, while JPMorgan is dialing back global stocks positions in favor of U.S. shares.
October 10
















