Tax planning

As 2016 comes to a close, many business owners are seeking tax opportunities to take advantage of before the next year begins.

For 2017, carryover from 2016 not only includes the usual reporting and compliance issues related to the tax year just ending, but also those tax changes and issues begun in 2016 that are by no means finished at year's end.

Tax policy plays a major role in the incoming administration’s plans to boost the U.S. economy in 2017 and beyond, but they’ll need to pursue it carefully, according to Joe Brusuelas, chief economist at the Top 5 Firm.

With Republican control of Congress and the presidency, most practitioners think some kind of change is coming to the Tax Code – but they differ wildly on what form it will take.

As the end of the year approaches, many of us are focused on taking advantage of tax break opportunities before another year begins.

As of Jan. 20, 2017, the Republican Party will control both houses of Congress as well as the presidency, putting it in a prime position to enact its tax agenda -- but first it will need to decide which one it want to enact.

Bloomberg BNA’s Daily Tax Report released its 2017 Outlook, forecasting major changes to tax and accounting policies under the incoming Trump Administration and a Republican Congress.

Tax professionals can make use of some tried and true tax strategies, but only for next tax season.

Highlights of some of our favorite tax-related blogs from the past week.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

President-elect Donald Trump, who won the hearts and minds of millions of working-class voters, may help deliver a multibillion-dollar bonanza to America’s wealthiest families.

Donald Trump must confront major tax issues when deciding what to do with his real estate empire and other businesses in order to avoid conflicts of interest as he assumes the presidency.

The American Institute of CPAs is asking the Internal Revenue Service and the Treasury Department to withdraw and, if necessary, re-propose their rules for the valuation of interests in corporations and partnerships for estate, gift and generation-skipping transfer tax purposes.

Steps to take before the New Year for a better tax return in 2017

Steps to take before the New Year for a better tax return in 2017

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

If your clients are upset by the outcome of the election, there are some things they should know before they book a one-way ticket out of the country.

The impact of the election on tax issues

(Bloomberg) Donald Trump’s nominee for Treasury secretary said Wednesday that the president-elect’s tax plan won’t ultimately cut taxes for “the upper class.”

Some of the wealthiest families in the U.S. are hoping for a $21 billion benefit from President-elect Donald Trump next year.