Tax strategies

Tax preparers are guiding clients through the last weeks of an active filing season.

CPAs dealing with the new 1099-DA rules this year are challenged by the fact that they only report gross proceeds this year, leaving them and their clients to calculate cost basis themselves.

Plus, EY announces new software development model; SAP touts new integrations, features for Concur; and other accounting tech news and updates.

The unit will now be renamed Threadline Wealth, backed by investment from the Cynosure Group, and have $5.8 billion in client assets under management

A well-intentioned tax move can push retirees over a Medicare income threshold, leading to thousands in unexpected annual premiums. Here's how advisors avoid these costs.

The documents your clients are already gathering for their returns are the same documents an estate planner needs to build or update a comprehensive plan.

Questions this season reflect confusion about 1099 income, new OBBBA deductions and retirement considerations, according to data from online expert platform JustAnswer.

California's proposed wealth tax has become one of the most closely watched fiscal policy experiments in American history.

The IRS is proposing to remove regulations that tried to crack down on the abusive use of basis-shifting transactions by partnerships as a way of minimizing taxes.

New Tax Foundation research reveals which households and regions gain most from President Donald Trump's One Big Beautiful Bill Act.

Preparers are helping clients navigate OBBBA deductions and other pressing concerns.

A key advantage to partnering with a wealth management firm is gaining a complete view of each client's financial picture.

Halfpricesoft, an accounting and payroll solutions provider, updated its ezW2Correction software to assist with file corrections for 2015 to 2025 tax forms.

New proposals in seven states could soon subject over half of all U.S. millionaires to targeted high-earner tax rates.

After nearly a century of trying, Washington state Democrats could finally pass an income tax — a move that would hit 30,000 or so top earners.

In practice, depreciation does not eliminate tax cost over time. It merely redistributes it.

The tax-filing season for individuals just opened recently, but businesses already got a head start on various tax incentives in the One Big Beautiful Bill Act.

Plus, Sage rolls out AI enhancements for reporting, AP, sales; Datarails launches Spend Control solution for contract visibility.

Even though advisors doubt it will pass, California's proposed billionaire tax is already reigniting residency and wealth planning conversations.

Missed IRA RMDs can cost clients thousands, Vanguard research shows. But financial advisors can help erase tax penalties and avoid future ones with a few key strategies.