Tax strategies

Consider these strategies to help build savings.

Separating the roles of the two professionals can be counterproductive for clients.

Capital gains of up to $250,000 for individuals or $500,000 for couples will be exempted from tax, provided it was the seller's primary home for two of the previous five years.

Separating the roles of the two professionals can be counterproductive for clients.

IRS: There is a special rule for those who rent their residence for 14 days or less.

IRS: There is a special rule for those who rent their residence for 14 days or less.

For some clients in high-income tax states, incomplete non-grantor trusts may be just the ticket.

For some clients in high-income tax states, incomplete non-grantor trusts may be just the ticket.

They can help reduce the tax drag of required minimum distributions.

They can help reduce the tax drag of required minimum distributions.

If avoiding taxes just attracts the IRS, it defeats the purpose.

If avoiding taxes just attracts the IRS, it defeats the purpose.

Clients with net worth skewed to one stock may need tax-efficient ways to diversify.

Selling assets that are over allocation may generate unwelcome tax.

Clients with net worth skewed to one stock may need tax-efficient ways to diversify.

Selling assets that are over allocation may generate unwelcome tax.

Treat their tax liabilities as expenses, and plan accordingly.

Treat their tax liabilities as expenses, and plan accordingly.

Blucora, formerly known as InfoSpace, adds the B-D to its growing, tax-focused business.

Savvy moves in the fourth quarter can help clients owe less to the IRS next April.