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While a securities-based loan is more commonly used to buy a fancy house or take a dream vacation, it's also an underused strategy for some affluent investors to pay large tax bills.
April 16 -
From accidentally paying state taxes on T-bill income to wonky filing deadlines, these tips will help make a federal tax return sparkle. Or at least clean.
April 12 -
Americans pay billions of dollars in taxes each year when draining their retirement plans as they change jobs. The "leakage" doesn't bode well for long-term savings, data shows.
April 11 -
The cash-like instruments have garnered hundreds of billions of dollars since the banking crisis began.
March 28 -
Practitioners are mostly advising clients to 'wait and see' what happens with tax legislation.
March 16 -
The new Internal Revenue Service commissioner, Danny Werfel, got right to work Monday only days after being confirmed by the Senate.
March 13 -
The Treasury Secretary defended the extra investment in the IRS, arguing it is already paying off and that taxpayers are getting "drastically improved customer service this year."
March 10 -
President Joe Biden is proposing a series of tax increases on investors and top-earning Americans in his annual budget request to Congress.
March 10 -
The department detailed the tax provisions in the Biden administration's newly released budget plans for fiscal year 2024 on Thursday.
March 9 -
The White House plans to target a series of high-profile tax breaks worth tens of billions of dollars for wealthy investors and corporations.
March 9