Tax strategies

The Avantax Wealth Management parent views HK Financial as another way of working with CPAs and tax professionals branching into the field.

While some tax-planning tasks can be time-sensitive, the challenge is to tackle the others that aren’t in a calculated fashion, an expert explains.

The Secure Act was designed to expand retirement savers’ options but it has subsequently all-but-eliminated the stretch IRA for beneficiaries. It's on advisors to make clients aware of the major change.

Knowledgeably navigating 401(k) and IRA movements can have a massive impact on tax burdens — and the client relationship.

While advisors have embraced cheaper trades, the move may have long term effects on strategies for client portfolios.

"Keep records and watch the statute of limitations. The usual IRS statute of limitations is three years after you file your tax return," an expert writes.

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.