Charitable deductions

Affluent investors typically have more complicated financial lives and more ways to get things wrong when filing federal tax returns in 2023.

The IRS continues to pursue these controversial transactions, in court and elsewhere.

A chief counsel memo says taxpayers who want to claim tax deductions for donating cryptocurrency need to first receive a "qualified appraisal" if the amount exceeds $5,000.

The new year brings a new tax season and the opportunity to advise clients on ways to save money on their taxes.

Certain wealthy people have placed big bets on the companies that made them rich for decades without the IRS objecting.

From sea changes with inherited retirement plans to the ETF juggernaut, here's what advisors grappled with for affluent clients.

Taxpayers can no longer get away with 'substantial compliance' — they need to have their 'contemporaneous written acknowledgements' in order.

Grants to charities from donor-advised funds grew 28% last year, according to a new report, as DAFs also come under scrutiny for helping the wealthy shield their money from taxes.

The flow of money from private foundations to donor-advised funds has jumped substantially in recent years, highlighting the increasing use of a controversial loophole in charitable law, a new audit shows.

What happens if your client invests in a Roth IRA? What about buying a home? Or even donating to charity?