Lynnley Browning

Gift tax returns and the wealth transfer strategies they reflect don’t face the same IRS logjams as individual returns.

The National Taxpayer Advocate's annual report to Congress sounded alarm bells as millions gear up to file their federal returns.

Inflation and higher wages can push earners up a tax bracket, while unchanged deductions can spark bigger tax bills.

The ability to deduct the full value of the stock and avoid capital gains taxes is lesser-known by rich investors and many advisors.

With Senate tax writers in agreement with the House to ban the favored tax-free strategy, wealth advisors have a narrow window to make moves.

Spousal lifetime access trusts are surging in popularity, but they aren’t as simple as some advisors or clients may think.

Democrats’ tax bill would slash in half the tax benefits of founder stock, but a potential workaround exists.

Many proposals for tax hikes on the wealthy haven't materialized, leaving investors with trusts, gifts or sales that might now seem hasty — or not.

After months of talk of steep tax increases on the wealthy, a kinder reality has emerged for well-off clients.

It’s a cliche that’s out of date, advisors say; instead, investors should actively consider the tax consequences before making market moves.

The agency has cleared out much of its mammoth backlog of unprocessed returns, but scores of individuals and small business owners remain in limbo.

How advisors handle tax advice for their clients can depend on how large their firm is.

Democrats, unable to gain traction on taxes that affect only the ultra wealthy, have turned to trusts as little as $200k.

The latest proposal underscores a fierce fight in Congress over ways to pay for Biden's slimmer social-spending agenda.

With banks and the Federal Reserve now eyeing more lasting inflation, many financial advisors are adjusting things for their clients.

The Treasury Department suddenly softened its plan to track consumer transactions after critics protested that it would target low-income workers.

Good luck getting in to see an estate planner if you don’t already have one. Cross your fingers if you do.

Policies held in grantor trusts would be subject to estate tax under Democrats’ plan, the latest blow to wealth management for the affluent.

The agency will consider whether to require affluent taxpayers to pay tax on transfers to trusts made under higher exemptions that expire come 2026.

Two of the most generous tax loopholes are on the chopping block, the latest surprise in emerging tax increases.