Tax Strategies

The administration is aiming at trusts — particularly dynasty trusts, vehicles that wealthy families can use to benefit multiple generations of descendants.

The private equity industry is trying defend a cherished tax break that Democrats have targeted for elimination.

A rare show of bipartisan unity unfolded Tuesday, with 18 lawmakers making the case for an expansion of the state and local tax deduction.

The House introduced bipartisan legislation Tuesday to provide tax deductions for timber growers to recover from the loss of forests.

The near doubling of the capital gains tax rate would have a large impact on the net profit from any sale of any capital asset.

It’s counterintuitive, but the cash benefit of delaying payouts can outweigh rate increases, thanks to compounding over time.

The Senate GOP Leader wants to head off an effort to use a fast-track process to pass a Democrat-only bill with trillions in spending and tax hikes on the wealthy.

Practitioners have plenty of time to advise clients on multiple savings opportunities.

Top aides to the president are reaching out to senators to convey his enthusiasm for the agreement, a White House official said.

Congress reintroduced legislation to prevent abuses of a tax break that’s supposed to protect public lands, but is often used as a tax shelter.