Tax planning

The Biden administration proposal contains many, but not all, of the tax provisions the president campaigned on.

Signs are mounting that anxiety among congressional Democrats will significantly temper any increases that manage to pass Congress.

The dilemma represents another challenge with the special legislative process known as budget reconciliation.

The Biden administration’s proposal to dramatically expand the inheritance tax bill for wealthy Americans is running into some headwinds with Democrats on Capitol Hill, showcasing nervousness about the scope and size of elements of the White House’s ambitious tax plans.

Pulling the costs directly out of clients’ IRAs can blunt the sting, but it shrinks the pot of tax-deferred retirement assets.

But barterers need to be aware of the complex tax issues that are involved.

The president and Republican congressional leaders see a narrow opening for compromise on infrastructure spending yet significant obstacles remain, particularly on tax increases.

Financial executives are eyeing tax changes expected in the Biden administration, demands for more environmental, social and governance reporting, and diversity efforts.

Affluent clients can use wealth and retirement strategies to blunt the impact of the administration’s proposals, which include a higher capital gains rate.

Any changes to inheritance tax would feed into the broader upheaval that is coming to taxation in the world’s major economies.

April's hiring shortfall stiffened Republican opposition to the tax increases on the wealthy and corporations that are a central part of the administration's package.

The president's plan for increased tax audits of the wealthy and corporations is a major funding source for his economic-investment proposals.

The fate of the administration’s $4 trillion economic vision now rests with the lawmakers in a narrowly divided Congress.

The Penn Wharton Budget Model says the White House mistook the cost of its child-care and education policies.

Business owners need to think carefully about whether to do a study before or after a rehab.

Biden administration proposals could radically reshape how wealthy Americans are taxed.

The Big Four firm has bought a large London-based firm that provides U.K. and U.S. personal tax services.

Congress estimates that the rule currently costs the government about $43 billion a year.

The president's promise to start narrowing income and wealth gaps underpins every part of his economic program.

The proposed top 39.6 percent tax bracket in the administration's “American Families Plan” would encompass less than 1 percent of taxpayers.