Tax

Despite recent tax law changes, recharacterizations are still possible and can prove a valuable strategy to correct such missteps.

Economic factors like changes to the tax code are behind nearly a quarter of all recent giving, according to a new survey.

Waiting too long means clients will miss out on the opportunity to maximize the plan’s full tax benefits.

Younger clients are more savvy consumers who know how to minimize their expenses and are less inclined to spend on material goods, an expert says.

More than $37 billion flowed into tax-sheltered donor-advised funds in 2018, according to a new report.

The metal’s price has dipped from its high in September amid a raft of good news that has boosted investors’ risk appetite.

Clients with children are advised to start saving early in a 529 plan to take advantage of the “tax-free or tax-deferred growth.”

Buyout amounts are high right now, but there are many other factors to consider when guiding your client to the right choice.

Fresh off rebranding its wealth management business to Avantax, the firm aims to support its smaller but more productive force.

Why the explosive growth of taxable munis could be sustainable

Funding a Roth account, for example, may not offer upfront tax deductions, but withdrawals are tax-free.

When his dad passed away, my client would have to probate 60 different stocks and a New York property, plus handle charitable contributions. At the same time, 13 grandchildren would breathe down his neck for their inherited shares.

Appetite for cyclical plays like financials has picked up as trade negotiations between the U.S. and China show signs of progress.

Although the elderly often lose the most from scams, younger clients are more likely to fall victim, according to a report.

Payouts from pensions and tax-deferred accounts are usually not taxed in states without a state income tax or with levies only on interest and dividends.

Since 2011, when Occupy Wall Street protesters rallied under the slogan “We are the 99%,” the income threshold for the top 1% is up an inflation-adjusted 33%.

High-deductible plans open the door to tax breaks for high-income investors, an expert says.

The IRS estimates it sent about 113.4 million refund checks to taxpayers, down from 116 million sent a year earlier.

Clients should consider paying more deductible expenses before year-end if their total itemizable deductions will be close to their standard deduction amount.