Tax strategy scan

If clients tap their Roth accounts at the wrong time, even after retirement, they could lose out on some potential tax benefits.

The agency says its adoption of WebEx will allow for improved outreach with clients in the more rural regions of the country.

Only 3% of households earning under $50,000 a year benefitted from the mortgage interest tax deduction.

With smaller paychecks and longer life expectancies than men, one strategy includes moving their IRA assets into a Roth to reap the tax advantages.

Here’s how receiving investments on a stepped-up cost basis can save a client’s inheritance.

Lawmakers are considering scrapping individual deductions, including tax breaks for certain plan contributions.

Beneficiaries owe no federal tax on collected payouts after the policyholder dies.

Stocking away income in company-sponsored plans can provide corporate executive clients tax-free compounded growth on investments.

Clients are advised to put their savings in accounts with differing tax treatments to better manage the burden in decumulation.

Claiming the earned income tax and child tax credit may get tougher under Trump’s 2018 budget plan.

Harvesting losses to write off taxable gains is one strategy to address the Trump administration's plan to scrap the 3.8% net investment income surtax.

A 2014 law lets clients disabled before the age of 26 to save as much as $14,000 annually without facing any tax burden.

Here’s one reason why beneficiaries should consider setting up a life estate.

If implemented, wealthy clients may consider making charitable donations and waiting until next year to realize income.

Many are unaware that fostering a pet or installing a swimming pool can help them qualify for a deduction.

Clients can claim airfare, lodging fees and half the cost of their meals as long as they can prove the trip is for work.

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

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

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

High-net-worth clients can side-step this Affordable Care Act tariff if they opt to place their investments in an S corporation. Here’s how.