Tax strategies

The accounting method can deliver attractive savings, along with protecting nature or farmland.

A couple who expects to earn a bigger income in the future is advised to convert part of their IRA into a Roth now while they are in a lower tax bracket.

Dependent care flex spending accounts can help clients mitigate child care costs, but also reduce tax credits otherwise available.

If your clients pay the alternative minimum tax, these funds can help lower their tax liability.

There are risks to this approach, however.

Here’s how to decide whether your client should select the traditional or Roth IRA to put away for retirement and boost their savings.

It's possible to use these distributions to preserve clients' savings well past their anticipated lifespan.

Medicare costs count as a deductible medical expense, but only if they exceed 7.5% of adjusted gross income.

HNW investors and their planners shun the tax-advantaged savings accounts, according to a study.

Education around these rules can prevent an increase in their tax bills.