Tax deductions

Whether the law changes next year or in 2025, wealthy clients can save by using the generous provisions now.

The agency announced changes to more than 60 tax provisions.

The CARES Act will play a critical role, according to Grant Thornton.

The final regulation includes guidance on the requirements needed for properties to qualify for the deduction.

New regulations have altered advice for Social Security, Roth conversions, tax code, estate planning and much more. Financial plans must be crafted with enough flexibility to change with the times.

Here's an at-a-glance guide to the candidates' positions on individual taxes.

The rule change is designed to have an impact in the fight against COVID-19 and applies only to donations made to charitable organizations, an expert says.

Small businesses that manage to get their Paycheck Protection Program loans forgiven may find themselves losing valuable tax breaks, according to new guidance from the Internal Revenue Service.

Despite the July 15 deadline extension as a result of the coronavirus, some taxpayers are advised to file early.

Designating charities as a beneficiary of their retirement accounts is one strategy that can enhance their tax savings.