Tax Strategies

The outcome of next week’s election is likely to determine tax policy, but some elements may be outside the control of whoever gets elected to the White House and Congress.

Tax practitioners are working harder nowadays to keep up with a changing profession, an official with the American Institute of CPAs told attendees at Accounting Today’s Growth & Profitability Summit.

PricewaterhouseCoopers US has published a new edition of its annual guide, “Managing Your Wealth: Guide to Tax and Wealth Management.”

President Barack Obama and Republican challenger Mitt Romney argued fiercely over foreign policy during their final debate, with some discussion of tax policy, the budget and the economy also part of the mix.

K&A Accountancy launched a service Monday to help millions of small businesses take advantage of an Affordable Care Act health insurance tax credit that can be worth up to $50,000 per year.

Although the legislative trends decided by next month’s elections won’t be known until the lame duck session of Congress and later, based on what we know now it may be a good time to consider selling a small business.

The Internal Revenue Service said Thursday that more than two dozen tax provisions will be adjusted for inflation for tax year 2013.

President Barack Obama and his Republican rival, former Massachusetts Governor Mitt Romney, engaged in a lively and at times ferocious debate that covered a range of topics, including taxes, the economy, Libya and women’s health.

A circuit court has ruled that severance payments given to employees are not taxable, a decision that could have far-reaching implications.

Financial executives who manage corporate treasuries are becoming increasingly concerned about the so-called “fiscal cliff,” the combination of tax increases and steep spending cuts that are due to occur at the end of the year unless Congress and the administration act to prevent them.