Tax

Establishing an S corporation would protect their profits from federal income taxes of more than 23.8%, an expert says.

Nearly three in four defer medical treatment, get suboptimal care to avoid deductibles or skip appointments to sidestep a bill.

Chances are high that one or both parents who have left the workforce ahead of their full retirement age are still working out of necessity.

Age discrimination, unpredictable life shocks and involuntary retirement casts serious doubt on the “work longer” thesis.

Advisors may need to alert clients as to when these checks will be taxable.

Clients adding investments other than target-date funds to their 401(k) or 403(b) could potentially hurt their bottom line.

With the net unrealized appreciation, workers can roll some employer stock into a taxable brokerage plan.

From surcharge brackets to prescription drug plans, advisors need to understand how Medicare works.

Advisors may be able to shift taxable income and potentially save on employment taxes, as well.

Unmarried siblings who cover more than half of their parents' expenses are advised to use the head of household filing status.

Many pin the blame on stagnant or dwindling income, according to a new survey.

Some cryptocurrency investors are receiving a new round of letters from the IRS telling them that their federal tax returns don’t match the information received from virtual currency exchanges, a new front in the agency’s burgeoning scrutiny of the industry.

Clients are advised to consider delaying their Social Security benefits, as up to 85% will be subject to income taxes, an expert says.

As much as $18 billion of inflows to money market funds last week were partly driven by the desire to “take some chips off the table,” an expert says.

Seniors are advised to combine multiple tax-deferred accounts, such as traditional IRAs and 401(k)s.

Ten issues taxpayers and their advisors should be paying attention to right now.

More than 10,000 cryptocurrency investors received open letters from the IRS informing them that they may owe taxes on their digital holdings.

Taxpayers are advised to thoroughly review their tax withholding to ensure there is enough to cover their 2019 bills.

HD Vest's parent displayed the growth coming from the acquisition of its former rival.