Tax planning

The Internal Revenue Service is increasing many of the fees for requests for private letter rulings by 26.7 percent, starting Feb. 4.

Despite lofty markets, offering a “lazy” portfolio may doom a number of ill-prepared planners in the coming year, our columnist warns.

A deep dive into all the critical questions, strategies and tax planning moves for clients and their university-bound children.

The program should do more to help the economy adapt to post-virus realities, writes economist Michael R. Strain.

Some advisors say they’re busier than ever in the last weeks of 2020.

Here are some obvious and not-so-obvious year-end tax tips to consider as we prepare ourselves and our clients for the new year.

The potential for higher rates in 2021 is real, but exactly what the rate would be, and who would pay those rates, is far from certain.

It's typically advised to shift income into the future to reduce tax bills for the current year. But experts say that may not be the best approach.

The one-two punch of major tax laws passed within four months of each other creates some interesting puzzles for advisors to solve.

The firm’s investment management division is bringing 55ip under its roof just two months since launching a partnership with the fintech firm.

From COBRA premiums to long-term care, there are surprising uses for funds in these tax-advantaged accounts.

The decisions clients make now can play a significant role in how much will be forgiven.

The outcomes of two elections in Georgia that are scheduled for Jan. 5 are expected to determine the balance of power in the Senate and may also have an impact on the kind of tax planning that accountants should be advising their clients to do.

For some, estimated tax payments are a non-issue. Others may earn all of their income from sources that don’t withhold amounts for federal income taxes.

Whether the law changes next year or in 2025, wealthy clients can save by using the generous provisions now.

Tax policy for the next two years, and therefore tax planning strategies, may be determined in Georgia early next year.

The president-elect's pledge to repeal President Trump‘s tax cuts as soon as he is inaugurated may be stymied for the foreseeable future.

With a divided government, some proposals are bound to change as part of the give-and-take of the legislative process, writes Skip Schweiss.

Regardless of who wins the White House, the scope for tax legislation in the near term will be limited.

With vast numbers of clients working outside the office, practitioners are advising care.