Tax strategies

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.

The holidays are fast approaching, which means it is time to start doing some year-end tax planning.

These are the best and worst places to consider based on total tax burdens.

To prepare for questions — and their own filings — planners should note these tips.

Donating complex assets is one option clients may consider when itemizing deductions on their 2018 returns, an expert says.

"This multigenerational shift in wealth will reshape the wealth management landscape over the next quarter century," an expert says.

Still, time is limited. Tell clients they’d better take advantage of the current exemption before it expires.

If they’re just writing checks, “that’s coming directly out of their cash flow,” one expert says.

Retirees could end up paying taxes on the majority of their Social Security benefits when certain conditions are met.

So-called opportunity zones created under the new tax law can offer clients a unique chance to save.

The Trump tax overhaul could mean less after-tax money to go around.

Each has its own requirements pertaining to tax withholding, clawback rules and filing deadlines.

Workers looking to retire comfortably are more in need of professional guidance than they realize — and there are a lot of them.

The IRS announced upward adjustments for 401(k), 403(b)s and other plans.

Deductions for alimony payments will no longer be available Dec. 31.

Working longer and delaying Social Security are some of the ways they can boost their savings after losing a large portion of retirement assets.

Advise them to review and adjust their budget and consider getting a side hustle, a study suggests.