A member of Elon Musk's extra-governmental efficiency cadre has reportedly made enquiries, raising concerns among staff at the federal tax agency.
The proposed budget, which Democratic critics pan as a "Republican betrayal of the middle class," would open up a $4.5 trillion runway over 10 years for more tax cuts.
Wealth manager's to-be-debuted strategy offers an out for investors who "feel trapped" into paying a huge capital gains tax bill.
FP Alpha and Morningstar provide fresh options to boost productivity.
What should have been a strong start to 2025 for municipal bonds is now in question amid growing odds that the Federal Reserve will hold fire on interest rate cuts.
The federal tax agency announced various extensions, credits, and exclusions, including potential penalty-free distributions from retirement plans and IRAs.
Analysis warns proposed $20,000 deduction for married couples would only add to projected $3.9 trillion revenue loss, among other consequences.
The meeting at the President-elect's Mar-a-lago estate is a positive sign for legislators looking to expand the write-off impacted by Trump's 2017 tax cuts.
The Atlanta-based firm is raising its appeal to the affluent with a newly created position within its family office and ultra-high-net-worth division.
People were blindsided during COVID with $30,000 tax bills, says advisor.
The incoming US president's signal to prematurely replace Danny Werfel, a Biden appointee, has drawn some concerns and questions.
New BofA survey report unpacks trends around high-net-worth individuals' trust and estate strategies, including insights on business succession and incapacity planning.
With $20 billion of IRS funding potentially in limbo, the federal tax collection agency stands at a crucial crossroads on its path of enforcement.
“If you're not engaging the estate planning conversation, and the client is talking to somebody who is, those assets are at risk,” Vanilla's CEO said.
Amid a low-tax environment and an incoming presidential administration, retirement planning guru Ed Slott gives advice ahead of 2025.
Wealth managers weigh in on trends in charitable giving this holiday season.
With more than $1 billion hauled from the richest delinquents this year, the tax agency is gearing up to expand its enforcement over corporations, partnerships, and high-wealth individuals.
The next president has proposed cutting Social Security benefits taxes, which would deplete the system faster. Bipartisan support is needed to pass reforms, observers say.
The bump in 401(k) and Roth contribution limits is taking effect for workers aged 60 to 63 years old next year – but taking advantage of it won't be that easy.