Tax planning

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.

Jim Casey of Integrated Wealth Management offers attendees of Schwab Impact guidance on navigating the complex and ever-changing landscape of financial planning for same-sex couples.

Income planning can save clients thousands of dollars a year in premium tax credits.

Tax law changes mean advisors need to consider all the potential outcomes when advising clients on donating required minimum distributions to charity.

How clients pay more than what they're supposed to pay in taxes every year because they tend to overlook some tax deductions, and how they can effectively manage their taxes by year-end, by making tax-advantaged savings plan contributions and keeping withholding tax close to their actual tax liability.

Recent tax laws added complexity—not to mention “sticker shock”—to clients’ tax obligations. But with smart planning, you can alleviate some of the pain.

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.

Workers can better diversify their tax requirements if they hold both Roth and pre-tax accounts; Plus the best way to analyze Social Security benefits.

Larry Elkin offers specialized estate and tax expertise for wealthy clients. Now his firm handles $1.3 billion in assets, spread across fewer than 200 families.

The Internal Revenue Service issued two items of guidance Wednesday in response to the need for charitable and other relief due to the Ebola outbreak in West Africa.

How a planner can help keep unequal inheritances from tearing a family apart.