Tax rates

Stocks can take a hit when rates rise on corporations and individuals, a BTIG strategist writes.

The Treasury chief said last week that revenue measures would be needed to help pay for Biden’s planned longer-term economic reconstruction program.

The outcomes of two elections in Georgia that are scheduled for Jan. 5 are expected to determine the balance of power in the Senate and may also have an impact on the kind of tax planning that accountants should be advising their clients to do.

Tax policy for the next two years, and therefore tax planning strategies, may be determined in Georgia early next year.

The president-elect's pledge to repeal President Trump‘s tax cuts as soon as he is inaugurated may be stymied for the foreseeable future.

Many taxpayers want to pay less themselves — but want others to pay more.

The agency announced changes to more than 60 tax provisions.

Moving to a lower-tax state is more attractive than ever with the $10,000 cap on state tax deductions.

Establishing an S corporation would protect their profits from federal income taxes of more than 23.8%, an expert says.

The property should allow them to live close to their loved ones and fit their financial plan, according to a CFP.