Be glad we've got something to chew on, but don't cheer too loudly, too quickly.
Trust arrangements may allow the Playboy magazine founder's third wife to receive an income stream without technically inheriting from the estate.
Provision could create huge drain on the U.S. Treasury.
A dichotomy in the tax treatment of retirement deferrals and business income could discourage creation, maintenance of plans by some pass-through entities.
New details of President Donald J. Trump's tax plan released Wednesday propose cutting the top individual rate to 35%, while leaving it to Congress whether to create another bracket for those with higher income.
Lower tax rates for pass-throughs would benefit business owners, including many of them, but details surrounding capital gains taxes and the AMT are vague or nonexistent.
Retirement-savings proponents remain vigilant in protecting deferrals as GOP releases tax-reform framework.
Wealth spread across borders is subject to special rules — and special strategies to deal with them.
Americans Against Double Taxation is the latest organization to mobilize in fierce battle to preserve loopholes, deductions and other benefits.
Although the IRS's budget is shrinking, its efforts to audit high-net-worth individuals are increasing.
Majority of future retirees threaten to switch from advisers who don't offer guidance.
Those who save for retirement or itemize tax deductions could end up paying thousands of dollars more.
But higher-income retirees' health insurance costs might remain the same.
Ohio Sen. Sherrod Brown says 'Rothification' would make saving for retirement more expensive.
New government report distorts facts and costs of home equity loans for seniors.
How financial advisers can help clients face the threat of outliving retirement savings
The tax agency provided similar relief to victims of Sandy in 2012.
Urges Congress not to miss "once-in-a-generation opportunity."
In 2010, when the estate tax was temporarily repealed, gross charitable bequests in IRS tax filings dropped 37 percent, and some fear it could happen again.
Accelerating tax deductions and deferring income recognition are two primary ways to benefit from the political climate.
