Tax strategies

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.

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.

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.

The Internal Revenue Service issued a revenue ruling that aims to prevent abuse of stepped-up basis adjustments in irrevocable grantor trusts.

Football clubs in England's top division have been accused of avoiding tax on an industrial scale, with the Premier League alone accounting for £470 million ($582 million) in lost taxes since 2015.

The cash-like instruments have garnered hundreds of billions of dollars since the banking crisis began.

Practitioners are mostly advising clients to 'wait and see' what happens with tax legislation.

The new Internal Revenue Service commissioner, Danny Werfel, got right to work Monday only days after being confirmed by the Senate.

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."

President Joe Biden is proposing a series of tax increases on investors and top-earning Americans in his annual budget request to Congress.

The department detailed the tax provisions in the Biden administration's newly released budget plans for fiscal year 2024 on Thursday.

The White House plans to target a series of high-profile tax breaks worth tens of billions of dollars for wealthy investors and corporations.

The short-seller allegations against billionaire Gautam Adani are once again reviving questions about the country's role as a tax haven for India's tycoons.

The president is proposing a series of tax increases on billionaires, rich investors and corporations.

His plan has little chance of becoming law, but the proposal is an important signpost for negotiations over government spending.

Contributions to 401(k)s and IRAs now can reduce your 2022 taxes soon due this filing season. Here's what advisors, many of whom can themselves benefit, need to know.

The Superior Court rejected a motion by Michael Saylor to dismiss a lawsuit that he failed to pay income taxes despite living in the district for more than a decade.

The first quarter of this year finds businesses confronting plenty of tax and business challenges. Grant Thornton's latest tax guide provides some advice.

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

New data from Fidelity Investment shows disparate reductions in account balances for IRAs and employer-sponsored retirement plans last year.