Wealth management

Savant Wealth Management rebranded its tax and consulting arm as Savant Accounting & Business Advisory and simultaneously acquired two tax firms, expanding its presence in Illinois.

The largest private foundations are just barely exceeding the 5% statutory threshold for charitable donations, according to a new report.

Advisors can leverage the updated opportunity zone program, starting in January, to help ultrahigh net worth clients defer capital gains.

Sharon Osbourne filed to remove Colin Newman, her late husband Ozzy's long-term accountant, as an executor of the rock star's estimated $100 million estate.

While donating stock is a clear win for clients to avoid capital gains taxes, gifts of property require a qualified appraisal to get a deduction.

The proposed investment rules for Section 530A accounts, also known as Trump accounts, limit choices, and advisors say that could make decisions easier.

The difference between bleeding a third of gains to taxes and being able to keep compounding isn't luck or a secret loophole. It's structure.

The 2025 tax law changed the factors involved in the decision to convert a traditional IRA to a Roth.

Some financial advisors are becoming enrolled agents in order to provide tax advice, helping to enhance relationships with clients.

As wealth tax proposals pop up around the country, advisors guide clients through assessing how these factors change the equation of financial planning.

The acquisition helps expand Sax Wealth Advisors' presence in the Sunshine State and continues its M&A streak this year.

The AICPA is finding a growing number of pet owners including their cherished pets as part of their estate plan, and CPAs can help them set up wills and trusts.

With recent changes to tax law, non-grantor trusts have become attractive vehicles for gaining tax efficiencies, such as when making charitable contributions.

New York City's new pied-à-terre tax is prompting financial advisors to help wealthy clients reassess their options, from residency status to estate plans.

Taxes don't pause; chaotic policy; larger tax burden; and other highlights from our favorite tax bloggers.

Charitable remainder annuity trusts can be helpful, but advisors should be careful to follow new guidance issued by the IRS and U.S. Treasury Department.

By coordinating with a client's other financial professionals, such as lawyers and accountants, financial advisors have the potential to deliver even more value.

Clients with concentrated stock holdings might be better off turning their portfolios into ETFs in a tax deferral transaction called a Section 351 conversion.

The federal scholarship tax credit is set to take effect on Jan. 1, 2027, with proposed regulations expected by the end of September.