Tax strategies

The president-elect's pledge to repeal President Trump‘s tax cuts as soon as he is inaugurated may be stymied for the foreseeable future.

With a divided government, some proposals are bound to change as part of the give-and-take of the legislative process, writes Skip Schweiss.

Regardless of who wins the White House, the scope for tax legislation in the near term will be limited.

With vast numbers of clients working outside the office, practitioners are advising care.

What different outcomes could mean for financial planners and their clients.

With a strong Democratic presidential contender, the risk of both estate and gift hikes beginning as early as 2021 is palpable.

Fees among the leaders range from as little as two basis points to as high as 125 basis points.

Many taxpayers want to pay less themselves — but want others to pay more.

The Secure Act’s “RMD hall pass” for surviving beneficiaries requires deft maneuvering to deal with long-term concerns.

There’s a significant opportunity for advisors to help their non-business clients, earn some new ones — and it can be taken advantage of right now.

The thresholds will all rise, according to the IRS.

The agency announced changes to more than 60 tax provisions.

While it may seem that there is a high barrier for entry, there are many resources available for advisors who deal with financial services abroad.

Some cash-strapped clients with high medical costs could really benefit from making this move.

The CARES Act will play a critical role, according to Grant Thornton.

Like other firms, the bank's asset management unit has turned to an outside partner, 55ip, to give RIAs a tax-smart way to transfer assets into model portfolios.

Whatever the outcome in November, taxpayers and their advisors should prepare for changes, an expert says.

While the contributions aren’t deductible, distributions such as earnings are tax-free to the designated beneficiary if they’re used to pay for qualified disability expenses.

The agency issued guidelines scaling back a tax break for client entertainment, following through on an element of President Trump’s 2017 tax overhaul.

The final regulation includes guidance on the requirements needed for properties to qualify for the deduction.