Tax

Will the giant tax incentive thrive as a tool to defer, minimize and eliminate capital gains tax?

ABLE accounts make it feasible for the disabled individual to express what they would like to do — and what they would like for themselves.

The IRS has blessed at least one approach to getting around the TCJA limitation — the entity-level tax.

A Treasury Department spokesperson gave an answer that provides clarity for advisors with affluent clients.

The $1 million threshold at which the 23.8% capital gains rate would nearly double has sparked questions — and a strategy for some well-paid professionals.

Experts and leading practitioners are looking at ways to mitigate the possible affect of the legislation from a tax perspective.

(Bloomberg Opinion) — More than 100,000 people who used to work or live in New York State have received notices from the tax department questioning them about their whereabouts last year and asking why they paid less to the state than they have in years past.

Advisors share a tax trick that allows professionals to build seven-figure retirement plans.

Although this strategy can be used to substitute for the popular strategy that the SECURE Act blasted away last year, it has a different main use case — one that's not transferring wealth to heirs.

As we await tax changes, here are some strategies that should help in any environment, write two tax partners.

Advisors who partner with a CPA now will find themselves with a significant advantage in years ahead, writes Paul Saganey.

Most advisors don’t know about the tax benefit for qualified small business stock, which can put millions of dollars tax-free into an entrepreneur-client’s bank account.

Using RMDs to pay the taxes due on a rollover can ease the psychological pain of forking over money to the IRS.

Sure, you might have to actually pay U.S. taxes on those crypto trades. But at least it will be easier to figure out how much you owe.

IRS regulations are complicated, conflicting and rife with gray areas, but clients are still deluging advisors with questions about how Peter Thiel's strategy could work for them.

New reports indicate 497 high-income taxpayers had over $150 million in their individual retirement accounts, and nearly 25,000 taxpayers had aggregate IRA account balances of $5 million or more.

Many indexes rebalance quarterly or twice a year, so they’re slow to reflect stocks whose wild swings no longer reflect an investor’s goals.

Sen. Wyden’s bill would give the benefit to currently ineligible professions while curbing its use by wealthy business owners.

Securities-based lending is up sharply as wealthy investors leverage gains in their stock portfolios into low-interest loans for pricey purchases.

Trusts aren’t just for the .01%, as some advisors sell mass affluent and high-net-worth clients on their tax benefits.