Tax strategies

"Inheritors are going to get killed" under the White House’s proposal to put the brakes on tax-free intergenerational transfers of wealth.

Uncertainty around coming tax changes and the coronavirus pandemic are making it harder for tax pros to plan.

Once the cost of coverage is accounted for, the implied rate of return for investing through a return of premium term policy can be quite attractive, Derek Tharp writes.

Biden’s approach might be politically astute, but from a fiscal-design point of view, it’s partially self-defeating, Bloomberg’s Clive Crook writes.

For accountants and tax professionals working with clients age 50 and older, there are certain tax perks to recommend that could help boost savings for the future.

The Treasury Department estimates added enforcement could capture an additional $700 billion in tax dollars.

Plans sold through brokers cost nearly three times as much as those sold directly; time-stressed parents can find it's worth it.

Signs are mounting that anxiety among congressional Democrats will significantly temper any increases that manage to pass Congress.

Instead of hitting heirs with a hefty tax payment at the time of a benefactor’s death, one proposal would allow the beneficiaries to defer the bill.

Pulling the costs directly out of clients’ IRAs can blunt the sting, but it shrinks the pot of tax-deferred retirement assets.