Tax

The firm joins a growing roster of asset managers taking advantage of new tax breaks for investing in low-income communities.

When financial emergencies compel early withdrawals from clients' retirement accounts, they face income tax and often an additional 10% penalty.

Cuts in Medicaid could prove disastrous for low-income retirees who rely on the program for nursing home care, experts say.

“Health care prices are increasing at levels that significantly exceed overall inflation,” an expert warns.

The earlier they begin planning, the easier it'll be to avoid a big tax hit.

Blucora’s wealth management unit is transforming while showing some impressive results. But is the firm moving too fast?

Capital gains tax rates are not just taxed at a single, more favorable, rate anymore.

A proposal to increase payroll taxes is facing opposition from some lawmakers who believe millennial workers cannot afford to bear the brunt of higher payroll taxes.

The strategy only applies to investments held in taxable, not tax-favored, retirement accounts.

New legislation that aims to give workers greater opportunities to save may put the kibosh on a strategy for passing large individual retirement accounts to heirs.

Advisors are ensuring that multibillion dollar estates go exactly where HNW clients want them to go.

The average expense ratio among the top-performers is 40 basis points higher than the average.

They’re rare, but terrifying. Bear these points in mind when you or your clients face a tax exam.

Clients who owe the IRS should pay their taxes by April 15 even if they have already secured an extension.

The IBD's advisors can expect new technology and product offerings, says David Knoch.

Annuities with guaranteed lifetime withdrawal benefits tout longevity protection, but naysayers warn of added complexity on an already confusing instrument.

There are still several moves that clients can make to reduce their 2018 tax bill.

Errors are regrettably common. They are also easily avoidable.

New innovations increase participation by making it easier to save and invest for retirement, an expert says.