Helping clients put a solid plan in place for paying their tax liability can make the annual tax process less painful for many.
Only losses caused by events the president declares eligible for federal disaster relief are tax-deductible.
Instead of taxing a child's income as if it were the parents', a child's income is now taxed using the trust tax brackets.
Advisers need to help their clients avoid common tax mistakes that can complicate things later in life.
While last year's overhaul didn't change tax rules on the sale of a residence, some clients still try to apply rules that have been out of date since the late '90s.
Last year's overhaul is expected to slash the number of taxpayers subject to the AMT.
Last year's overhaul is expected to slash the number of taxpayers subject to the AMT
Parents at all income levels can find something that works for them among options that include 529 plans, tax deductions and tax credits.
The tax reform law's two significant changes to the way taxpayers deduct interest on loans related to their home both contain exceptions
Taxpayers can either accelerate or defer deductible expenses so that more of them happen in one tax year
