Tax strategy scan

Some clients may experience a taxable event that pushes them into a higher tax bracket.

Clients can avoid tax liability on their capital gains by donating securities that have appreciated in value, an expert says.

Modifications should be made as soon as they determine their liability for 2018 and the impact of the new law on their returns, an expert says.

Scammers are notorious for stealing social security numbers to file fake returns, an expert warns.

The impact of the 35-day partial government shutdown could delay the process this year.

Although income that is taxable is likely to increase for families with two children, their final bills will be smaller.

A closed phone line to IRS support could present a significant challenge, particularly with changes to forms like the 1040, experts suggest.

Clients who intend to file as soon as they receive their W-2s are advised to start gathering their documents.

For example, taxpayers should not panic about the new cap on state and local tax deductions.

Clients intending to set up a bank account or mutual fund for their child must consider various provisions.