Tax strategies

The company uses natural language processing and human-assisted AI, along with partnerships with financial institutions, to streamline the tax preparation process and more closely align it with financial wellness.

Sen. Ron Wyden is targeting Top 15 Firm Baker Tilly and others in an investigation into whether opportunity zone investments are benefitting low-income areas as intended.

Progressive Democrats are increasingly resigned to a far narrower version of the economic, tax and social spending agenda they had hoped to pass.

Accountants go meta; muddy start to the season; the controller as preparer; and other highlights from our favorite tax bloggers.

Understanding how gifted money will impact the student’s FASFA is critical.

These policies create an excellent source for the payment of estate and other transfer taxes, as well as the augmentation of family income and wealth after the death of the senior generation.

With the Build Back Better bill at least temporarily stalled, where does that leave research tax credits, cost segregation and energy incentives?

Uncertainty in Washington doesn't mean tax professionals can't offer clients guidance.

The ability to deduct the full value of the stock and avoid capital gains taxes is lesser-known by rich investors and many advisors.

A survey from Intuit Accountants indicates that tax-related planning and advisory services bring in much more than compliance services.

'Planning has been put on hold, because no one knows what the rules of the game are,' says one accounting firm partner.

Spousal lifetime access trusts are surging in popularity, but they aren’t as simple as some advisors or clients may think.

For Americans worried about rising prices and shrinking household budgets, January could bring another blow to the bottom line.

Practitioners can serve medical workers well by encouraging them to take the necessary time to establish a long-term tax plan.

Key negotiators continue to clash over the specific income limits for one of the unresolved issues in President Joe Biden’s economic agenda.

One key holdout — Senator Joe Manchin — said he’s skeptical he can vote for a bill that includes major economic changes.

The resources include articles and checklists that taxpayers and tax professionals can use to prepare for the new year.