Tax strategies

The law now creates a different method of caring for relatives while preserving the family’s financial plan, a John Hancock associate counsel writes.

Being a homeowner may not be the most cost efficient move in some areas.

Clients will be able to contribute more to these accounts in 2019 because of changes in tax law, but choosing a plan is still no easy decision.

Community property rules, how to divide 401(k)s and the nuances of QRDOs are just some of the specifics advisors should know.

The tax increases stem from lawmakers' failure to index the taxation on inflation, according to one expert.

Clients who intend to file as soon as they receive their W-2s are advised to start gathering their documents.

Those who anticipate big benefits for charitable giving may be disappointed. Here’s what their advisors should know.

For example, taxpayers should not panic about the new cap on state and local tax deductions.

Helping clients understand casualty loss rules following an unexpected tragedy.

Financial planners don’t have to be attorneys to help clients avoid high cost oversights

They are advised to take the mandatory distribution days before the deadline to ensure that they get their withdrawal processed in time.

Year-end tax planning may be at the root of the combined $1.8 billion in outflows, an expert says.

The biggest QCD question is whether it will be effective for a check not cashed by year’s end?

The average woman will work 12 fewer years than a man, according to one expert. There’s a “slew of issues” around this topic.

The Trump tax cut may have changed the calculus for some couples filing joint returns.

The following tips may help clients minimize their liability.

After Dec. 31, spouses responsible for paying alimony won’t get a tax deduction, due to a change under the Tax Cuts and Jobs Act.

Working parents who paid for day care, summer camp or a babysitter on the books are advised to take advantage of this break.

Workers should urge their employers to offer this savings option in their 401(k) plans to save for emergency and unforeseen expenses.

Some of the changes to rental property rules may be confusing for clients.