The wealthiest people in the U.S. could see major tax hikes next year, sending high-net worth clients to financial planning ...

Your estate can benefit from a refresh every now and then. And that includes how you manage your portfolio in a down market.

Acronyms like CRT, CRAT, CRUT and NICRUT could have many clients' heads spinning. Here's a guide to the key pros and cons for ...

Signing well-designed last wills and revocable living trusts is just the beginning of a longer process to create an “ideal ...

Once filed, Form 7004 is automatically approved unless the IRS contacts the filer to deny the extension. However, businesses should not assume that approval means they do not need to pay estimated ...

Taxpayers often make mistakes when filing their taxes, such as inputting incorrect personal information or making math errors. Choosing the wrong filing status or claiming ineligible credits can ...

For shareholders of a company undergoing an acquisition, the QSBS exclusion can result in substantial tax savings. If the stock qualifies for Section 1202 treatment, shareholders can exclude up to 100 ...

The United States federal income tax is levied by the Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts ... version of the tax return for those who ...

The IRS reported that the average refund amount via direct deposit was $2,252 based on 33 million tax returns processed through February 14. That’s down 31% from $3,265 during the same period ...

Simple Form 1040 returns only (no schedules except for earned income tax credit, child tax credit and student loan interest). TurboTax reports that 37% of files qualify for the free edition.