A reported plan to cut staff at the agency by half and uncertainty over the future of its free tax filing program could have massive consequences, think tank says.
Merchant's latest partnership with an established CPA firm and Mesirow's new strategic hire, an alum of Corient, enhance advisors' abilities to support tax planning in their networks.
The decision reported by inside sources extends the string of turbulent headlines coming out of the agency, which has some taxpayers asking urgent questions.
House legislators are set to approve a mammoth budget that requires $2 trillion in spending cuts to clear room for a tax cut package by the end of the year.
Billionaire's letter to investors follows positive earnings report.
The plan to downsize the federal tax agency's workforce will largely impact Biden-era hires, according to an inside source.
The platform's new feature addresses a gap in traditional DAF giving, bolstering advisors' ability to do tax-efficient philanthropic planning.
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.
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 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.
