Financial Planning

The Internal Revenue Service’s recent proposal to extend gift and estate tax exemptions beyond 2025 could spur some large transfers of wealth.

The New Jersey Society of CPAs also donated over 3,700 pounds of food to local food banks.

Officials unleashed a burst of subpoenas seeking financial records that would reveal whether the president is profiting off foreign governments.

Austria is trying to free about 70 billion euros ($80 billion) of capital locked in a “golden cage” the country created a few decades ago.

The Tax Cuts and Jobs Act that Congress passed last December produced some winners and some losers among different categories of taxpayers.

In today’s age of lost tax deductions many accountants are looking for new tax deductions they can offer their clients.

Highly-leveraged companies can start calculating just how much the Republican tax law limits their interest deductions for debt, thanks to 439 pages of regulations released by the Internal Revenue Service on Monday.

Individuals who give lots of gifts to their heirs under a generous but temporary provision of the 2017 Republican tax overhaul won’t later owe taxes on them.

Wealthy taxpayers taking advantage of the increased limits won’t have to worry about them expiring so soon.

The commodity-trading firm is being investigated by three Singaporean agencies more than three years after a whistle-blower questioned the company’s accounting.