Tax strategies

Contributing to these accounts makes sense for clients who anticipate higher tax rates in the future.

Don't neglect the FAFSA and other ideas to help families with annual incomes of more than $300,000.

This recently passed bill is groundbreaking retirement legislation and will substantially alter the landscape for employer-sponsored retirement plans and individual savers.

They are triple-tax advantaged, but also introduce significant challenges — especially for life partners with multiple accounts.

Adjusting a federal income tax return depends on personal tax circumstances, “such as the materiality of the error,” an expert says.

To help individuals and businesses prepare for filing season, Grant Thornton has released a collection of year-end tax tips.

A major driver of growth has been the “increased awareness” of advantages like tax efficiency, liquidity and transparency, according to Bank of America.

If not addressed, the client may see a higher tax bill than was planned. That won't go over well at tax time next year.

Clients who have yet to make withholding adjustments to cover their tax liability still have time to avoid the extra burden.

The gender gap is alive and well when it comes to career timeouts and savings often take the hit.

Clients who own a business may be eligible for a 20% deduction as a result of tax overhaul. For those who don’t qualify, there are other savvy strategies

One option is to sell funds with lower or no estimated distributions, especially if possible savings will exceed trading costs.

The funds may be gaining traction among older investors with significant assets, but rarely live up to their billing.

These tools will revolutionize … Wait. No. These tools will help financial planning evolve.

The 2017 Republican tax law approximately doubled the estate and gift tax exemption.

Technology, declining budgets and other factors are radically changing how and which tax returns get looked at.

Despite recent tax law changes, recharacterizations are still possible and can prove a valuable strategy to correct such missteps.

Waiting too long means clients will miss out on the opportunity to maximize the plan’s full tax benefits.

Clients with children are advised to start saving early in a 529 plan to take advantage of the “tax-free or tax-deferred growth.”