Individuals and businesses should work closely with their financial advisers to refine tax strategies this season in light of ...

The Internal Revenue Service announced furloughs for nearly half its newly hired staff. According to IRS.gov, in May of 2024, the agency completed hiring nearly 30,000 new workers across audit, ...

A new investment method that delivers impressive returns while reducing taxable income has garnered attention among high-net-worth families. This analysis explains how the strategy works, highlighting ...

The strategy, known as tax-loss harvesting, is selling losing assets from a brokerage account to offset other investing gains to lower taxes. Losses are typically used to offset gains, such as those ...

When the so-called One Big Beautiful Bill Act was signed into law in July, it set the table for late-year tax discussions with clients. And one of the things that will likely be high on your agenda is ...

Tax-efficient investing can quietly boost your returns over time. Learn how smart account choices and timing could help your ...

A castle with one strong wall is still easy to conquer. The same is true in wealth planning. Many attorneys build asset protection structures—LLCs, limited partnerships or trusts—but stop there. These ...

High earners age 50 and older may lose the pre-tax 401(k) catch-up option in 2026. Here's how the new rule works and how to adjust your savings strategy.

This story is sponsored by B.O.S.S. Retirement Solutions. Warren Buffett credits compounding interest as a key driver of creating long-term wealth, even referring to it as the"eighth wonder of the ...

A look at the potential taxation landscape Bitcoin holders could have to deal with in 2025 with looming changes on the horizon. Lyn Alden, author of Broken Money, has made a strong case for fiscal ...