Tax strategies

The majority of advisors don’t understand how much of a positive difference they can make for their clients, says advisor Deborah Fox.

Many clients have seen the value of their investment accounts drop, making this a good time for planners to prove their value

The COVID-19 pandemic has infected the service’s annual list of top tax scams.

“Time is quickly running out for these taxpayers," IRS Commissioner Chuck Rettig said in a statement.

Tax pros share what they’re telling clients about relief for the jobless during the pandemic.

Early withdrawals from retirement accounts may be unavoidable in today’s economic climate. You can help mitigate the damage.

The Internal Revenue Service and the Treasury Department issued proposed regulations Wednesday to update the income tax withholding rules for periodic retirement and annuity payments made after Dec. 31, 2020.

The new relief plan has something for many taxpayers, including retirees and the recently unemployed.

Strategies include utilizing charitable trusts to split benefits between multiple beneficiaries and taking advantage of donor-advised funds.

Given that I must disclose on my Form ADV that we accepted the aid, I had to ask myself difficult questions about possibly over-zealous regulatory scrutiny as well as my firm's reputation, this advisor writes.