Tax

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.

Those who fail to meet the cutoff face a hefty penalty that could hit as much as 25% of their dues.

Clients often underutilize deductions for work-related technology purchases and travel expenses.

Contribution limits in a Roth IRA could shrink for couples after marriage.

After a booking error by an advisor, a client barely avoided being taxed on $500,000 and dodged more than $200,000 in taxes and penalties.

Over the last four decades, the average income of retiree households significantly outpaced those still in the workforce.

Clients “want to participate, they want to co-create,” In|Vest conference attendees are told.

Overall donations to charity organizations fell by 1.7%, while total individual giving decreased by 1.1%, the first drop since 2013.

They may look good on paper, but such investments also come with thorny challenges.