Tax planning

With 2025 nearly here, year-end tax strategies including gifting, charitable donations, estate planning, retirement plans and more are on the table.

Updating engagement letters; tax neutrality; the usual losers; and other highlights from our favorite tax bloggers.

The future of the Tax Cuts and Jobs Act and other tax issues are on the ballot.

The expiration next year of the 2017 tax law puts trillions of dollars in tax provisions in play.

The election on Tuesday will have far-reaching economic consequences, ranging from how Americans are taxed to how the country trades with the world.

Uncertainty around sunsetting provisions should have professional athletes planning ahead on their taxes.

Harris' campaign also declined to say if she supports the specifics of the minimum tax on billionaires included in Biden's annual budget request.

Regardless of the election results, we will see some tax legislation next year, says one expert.

Starting in January, cryptocurrency will need to be reported to the IRS on an account-by-account basis versus the "universal wallet" approach most had been using.

A new survey by PwC of top corporate executives uncovered worries about tax policy after the election.

In less than 30 days, Americans will elect the politicians who will set policy for the next two years in Congress and four years at the White House.

An updated, funded buy-sell agreement can allow a surviving partner to maintain sole control of the business if one of the owners or partners were to die prematurely or become disabled.

This election season could have a more significant effect on tax policy than most. How can CPAs guide their clients through this potential volatility in tax policy?

2024 has so far not produced significant tax legislation impacting year-end tax planning, but it continues to be impacted by legislation from prior years,

If elected, Trump would go into negotiations with Congress regarding a set of tax proposals totaling $11 trillion and counting, according to the Tax Foundation.

Kamala Harris will deliver a speech "to outline my vision for the economy." Donald Trump, meanwhile, is set to offer remarks in swing-state Georgia on a plan to lower taxes for U.S. business owners.

In his meeting, Vance touted Trump's pledges to lower taxes and argued for the Republican nominee's tariff policies.

Between the coming sunset of the Tax Cuts and Jobs Act, the presidential election and a host of other factors, this is shaping up to be a tough year for advising clients.

Whoever wins, '2025 is going to be a very interesting tax legislative year.'