Tax strategies

With the White House’s proposed Build Back Better legislation and its impact on taxes in limbo, advisors have time to implement key tax planning techniques.

The bull market has made many wealthy clients overweight in single stocks. Here’s what they can do to diversify their retirement nest eggs and cut taxes.

How technological innovations, market forces and changing investor preferences combined to bring a millionaire's strategy to everyday investors.

With prospects for major tax hikes in the rear view (for now), it’s the time to blueprint ways to reduce clients’ taxable income for ‘22.

There may be a silver lining for crypto investors selling at huge losses during the recent market turmoil.

Understanding how gifted money will impact the student’s FASFA is critical.

The ability to deduct the full value of the stock and avoid capital gains taxes is lesser-known by rich investors and many advisors.

'Planning has been put on hold, because no one knows what the rules of the game are,' says one accounting firm partner.

Spousal lifetime access trusts are surging in popularity, but they aren’t as simple as some advisors or clients may think.

Democrats’ tax bill would slash in half the tax benefits of founder stock, but a potential workaround exists.

The agency has cleared out much of its mammoth backlog of unprocessed returns, but scores of individuals and small business owners remain in limbo.

Donor-advised funds increased their donations to charities last year in response to the COVID-19 pandemic, hitting the biggest levels in over a decade.

The service released its annual inflation adjustments Wednesday, including the standard deduction amount for individual and married taxpayers.

Cryptocurrency investors would have little time to plan against possible tax increases under legislation advancing in Congress.

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.