The president's proposed change in step-up in basis would have a major impact on high-net-worth earners' taxes, according to Robert N. Gordon.
Problems can arise because of a gap between tax laws and what a broker must report to clients.
December to January offers a great window of time to optimize your financial decisions for low taxes.
Options can be handy tools for loss harvesting, but be careful you don't run afoul of the IRS
Distributions retain the tax characteristics of what happened in the REIT
U.S. corporations have been going through a series of reinventions to minimize bite from the IRS.
New York alters rules to stop taxpayers from avoiding state taxes by setting up trusts elsewhere.
Some go to extraordinary lengths to qualify for preferential treatment under the tax code.
