Tax planning

Advisors still have time to come up with significant savings for their clients.

Three ways your clients can save on taxes; two money moves they should make this year; and what they should do with capital losses before saying goodbye to 2014.

Are your clients prepared for the capital gain that many mutual funds are likely to pay out before year-end?

The 378-46 vote Wednesday would provide $42 billion in temporary relief to taxpayers, including companies that rely on the research tax credit and the production tax credit for wind energy.

As 2014 draws to a close, there may be more planning opportunities than ever before, but also more traps for the unwary, according to Grant Thornton LLP.

Tax benefits for individuals and small businesses that expired in 2013 could have an impact on as many as one in six taxpayers, according to a new analysis.

Retirees should consider downsizing their homes before taking a reverse mortgage; Plus, the only time when retirees should use retirement funds for something other than retirement.

For many advisors and their clients, this practice has evolved from a strictly year-end affair. But does it pay off? Is it over-hyped?

“It is easy to screw it up, and it’s happening a lot,” says Robert Gordon of Twenty-First Securities.

Lowering your client's tax bill, year-end charitable tax tips and 15 surprising tax deductions.

Clients with both pre- and after-tax money in their employer plans can allocate distribution to separate retirement accounts.

Changes in IRS rules have made the paperwork more onerous and the tax breaks less generous. Advisors should examine clients' reasons for giving, and make sure they act well before year-end.

Changes in IRS rules have made the paperwork more onerous and the tax breaks less generous. Advisors should examine clients' reasons for giving, and make sure they act well before year-end.

How monitoring mutual fund capital-gains distributions and avoiding the surtax can help clients reduce their tax bill for 2014; making charitable donations before Dec. 31 and prepaying state and local taxes for next year.

Donating a conservation easement can be beneficial both to the environment and to a client's tax bill.

A hearing last week dealt with one case that could have far-reaching implications -- challenging Maryland's authority to tax all income of a resident whose business pays taxes to other states -- while another case coming up on the Affordable Care Act promises to have even bigger ramifications.

How clients and other taxpayers can act to reduce their income taxes, sell stocks for tax-loss harvesting, and recoup overpaid net investment income taxes.

With a wider gap in tax rates, moving reported income among family members could have a big payoff. Advisors should consider a few if these strategies.

The IRS has issued guidance clarifying the impact that a 2014 rollover of an individual retirement arrangement has on the one-per-year limit imposed by the Tax Code on tax-free rollovers between IRAs.

The Supreme Court agreed to review a challenge to the tax subsidies allowed under the Affordable Care Act, a critical aspect of the law meant to help uninsured individuals better afford health care coverage.