Tax planning

Although earnings in a deferred annuity will not be included in an investor's adjusted gross income, future withdrawals from the annuity could trigger a bigger tax bill.

About 19% of adults support elderly family members in some way.

Maryland and New Jersey are among the least-appealing places for employees to spend their post-work years, due in part to affordability, health costs and overall quality of life.

No client wants to pay up. But, some could benefit from more tax exposure in retirement than actual spending.

Modifications should be made as soon as they determine their liability for 2018 and the impact of the new law on their returns, an expert says.

Changes to the law meant some taxpayers needed to adjust their withholding. Many were confused about how to do so.

Professionals from family offices, investment managers, estate planners, art advisors and other disciplines describe mistakes they’ve seen.

One approach to determine a retirement withdrawal rate is to set a fixed percentage of their portfolio every year, says an expert. But there are other strategies, as well.

IRS data provides all the information needed to figure out the answer.

The impact of the 35-day partial government shutdown could delay the process this year.

This $1.5 trillion dilemma doesn’t discriminate.

The proposed regulations also provide guidance for taxpayers who hold interests in regulated investment companies.

There are still dozens of questions about how the tax break applies.

The law now creates a different method of caring for relatives while preserving the family’s financial plan, a John Hancock associate counsel writes.

Being a homeowner may not be the most cost efficient move in some areas.

Clients will be able to contribute more to these accounts in 2019 because of changes in tax law, but choosing a plan is still no easy decision.

The tax increases stem from lawmakers' failure to index the taxation on inflation, according to one expert.

Clients who intend to file as soon as they receive their W-2s are advised to start gathering their documents.

Those who anticipate big benefits for charitable giving may be disappointed. Here’s what their advisors should know.