Tax strategies

That Rothko, Basquiat or Banksy hanging in the front hall may be a great way to get a tax break.

As Congress wrangles, advisors are struggling to figure out how to help clients.

There’s no telling where the vast fortunes hide on tree-softened Phillips Avenue here in Sioux Falls.

Good luck getting in to see an estate planner if you don’t already have one. Cross your fingers if you do.

Policies held in grantor trusts would be subject to estate tax under Democrats’ plan, the latest blow to wealth management for the affluent.

Qualified small business stock may lose a lot of its value if congressional proposals go through.

Two of the most generous tax loopholes are on the chopping block, the latest surprise in emerging tax increases.

The bipartisan infrastructure bill includes requirements for brokers to report their customers’ cryptocurrency gains to the Internal Revenue Service, but exactly what constitutes a broker is stirring controversy.

Even professionals such as accountants and attorneys who may serve as trustees are unaware of the numerous risks that life insurance policies carry.

Using private placement life insurance to avoid taxes is getting more popular, some financial advisors say.