Tax Strategies

The Internal Revenue Service is starting with the customer support area of its Exempt Organizations unit.

Levies on most households below the top income brackets would stay about the same as under Trump.

Taxpayers can use the rates to substantiate the expenses they can deduct for lodging, meals and incidental expenses.

Senate leaders will be trying to hold their parties together for a vote Thursday to advance a slimmed-down stimulus bill that Democrats have already rejected, with both sides jockeying for advantage in public perceptions two months before the election.

The Democratic presidential nominee is proposing a 10 percent tax penalty on companies that move operations overseas and a 10 percent tax credit for companies that create jobs in the U.S.

Effective tax management can add 1% percent to a portfolio annually, and potentially more in highly volatile years

Constant and confusing changes to rates, rules and regulations globally have made international tax a hot area.

Many of the current regulations would still remain valid.

Clients’ spouses may be hiding assets in any number of tax-related ways.

Opportunity zones may just be the perfect vehicle to deliver economic relief to the areas hardest hit by the coronavirus pandemic — both short term and long term.