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Tax and Estate Planning

August 16

Pension plans are the new tax dodge for rich business owners

Barred from 20% tax break, wealthy professionals have found a new way to avoid hefty tax bills.

August 9

IRS provides guidance on pass-through taxes, targets loophole

Proposed regulations make it clear the agency considers splitting up businesses to get around income limits abusive.

August 3

Indexing capital gains for inflation could provide tax windfall

Observers say the proposal could open up areas of arbitrage, depending on how it's drafted.

July 26

Move to Florida to pay zero state personal income tax? Fuhgeddaboudit!

Tax collectors in states like New York make it really hard to leave.

July 19

Variety of tax benefits help offset the cost of college

Parents at all income levels can find something that works for them among options that include 529 plans, tax deductions and tax credits.

July 11

Tax loophole from 1960s could let wealthy tap 21% corporate rate

Provision related to investments held offshore could save wealthy Americans millions in taxes.

June 29

New IRS form sends taxpayers toward Intuit, away from H&R Block

But the shorter 1040 form still requires filers to provide all the same information.

June 15

Homeowners looking to dodge property tax caps turn to Alaskan trusts

Strategy involves a limited liability company and non-grantor trusts set up in a no-tax state.

June 1

Why changes to the kiddie tax are a 'big deal'

The law uses the tax rates applying to trusts and estates, rather than parents' income, to determine the tax on children's investment income.

May 31

Blackstone woos wealthy with tax-free hedge fund

Tax-free status reflects fact that investments are held in an insurance vehicle.

May 24

Tax reform puts prenups in jeopardy

The elimination of the deduction for alimony payments calls into question existing prenuptial agreements.

May 18

Rich are abuzz over tax-cutting dynasty trusts

Tax overhaul's doubling of the estate-tax exemption to $22 million has generated interest in the trusts

May 10

All is not lost when it comes to the mortgage interest deduction

The tax reform law's two significant changes to the way taxpayers deduct interest on loans related to their home both contain exceptions

March 29

Why your April 2019 tax bill could catch you off guard

10.2% of New Jersey residents will pay more taxes after tax reform, as will 9.4% of Maryland residents.

March 23

Billionaires donating to a Goldman charity unmasked by IRS error

The Goldman donor-advised fund is the fastest-growing charity in the U.S.

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