Tax planning

Tax practitioners will be charging more this year for tax preparation, according to an annual survey by the National Society of Accountants.

For both Roth conversions and required minimum distribution purposes, be sure that the value placed on your investment is one that would pass IRS scrutiny.

Here's how to help clients maximize both the charitable and tax benefits of any donation.

The U.S. Treasury Department has signed intergovernmental agreements with the Cayman Islands and Costa Rica in an effort to combat offshore tax evasion as part of the implementation of the Foreign Account Tax Compliance Act.

The IRS has released the final regulations for the 0.9% Additional Medicare Tax that was imposed as part of the Affordable Care Act.

The landscape is new and far more complex than it was a year ago. That requires some new strategies for clients.

Muni fund managers are trying a variety of strategies to protect holdings from volatility when the Fed starts to taper.

Not only are the requirements of the Affordable Care Act difficult and complicated for businesses to understand, but in many cases those aspects that businesses and their advisors think they understand are already slated to change in the future, according to one expert.

The IRS is starting this year's Earned Income Tax Credit due diligence compliance audits of return preparers.

Increased taxes on long-term capital gains has renewed interest in trusts that can sell donated assets, avoid tax, and pay a stream of income to the donors.

Family business owners are more focused on sustaining their business’s longevity than on sustaining wealth across future generations, according to a new survey.

The on-again, off-again nature of the federal tax provisions traditionally known as tax extenders is leading to uncertainty and unnecessary complexity, according to tax policy experts at the American Institute of CPAs.

Marital divorce is by definition an adversarial process, but from a financial standpoint it works out better for both parties if it’s also a cooperative one.

If the funds in a taxable IRA are used to purchase an immediate annuity, what impact does that have on required minimum distributions? IRA expert Ed Slott answer this question and others.

To report a capital loss yet retain a position in the relinquished asset, clients can double up in November and sell the original holding after waiting more than 30 days.

In the wake of this summer's Supreme Court ruling on the Defense of Marriage Act and Prop 8 -- as well as ensuing federal clarifications related to tax rules, employee spousal benefits and more -- same-sex couples now say they need help with financial planning.

In a number of cases, the IRS is challenging a complex and obscure tax break that benefits some of the nation’s wealthiest property owners.

The head of the IRS’s small business unit said his division expects to move from focusing on audits of small corporations to partnerships.

Many clients believe there will come a time when estate tax is again a concern and liquidity will be needed.

A unit set up by the IRS to improve international tax compliance by individuals is paying off, according to a new government report, enabling IRS auditors to assess an additional $36 million in taxes for fiscal years 2011 to 2013.