Jeff Stimpson

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Wealth Taxes Expected To Remain A Hot Topic In 2024

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Proposals to hit the rich with more taxes continue to be pursued on the federal and state levels.

Advisors Take Long View As Tax Year Nears End

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Wealthy taxpayers should begin planning for possible tax changes over the next two years, advisors say.

Prepare Clients For The Return Of The Alternative Minimum Tax

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As a tax law sunsets, an unpopular tax once again rears its head.

Gifting, Roth IRAs Figure Big In 2023 End-Of-Year Tax Moves

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The looming sunset of some 2017 tax reforms is starting to figure into tax planning.

Consider These Year-End Tax Moves For Business-Owner Clients

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Business owners should prepare now for the sunsetting of provisions of the 2017 Tax Cuts and Jobs Act.

How To Withdraw Claims For The Employee Retention Tax Credit

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The prevalence of "mills" hawking these tax credits has brought them under IRS scrutiny.

Which Tax Forms Cause The Biggest Headaches?

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A few troublesome forms stand out for their ability to cause filing delays.

Your Clients May Not Know About This Capital Gains Tax Break

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Section 1202 of the Internal Revenue Code has long allowed taxpayers to exclude the sale of certain qualified small-business stock from federal capital gains taxes, creating a tremendous lure for...

Your Clients May Not Know About This Capital Gains Tax Break

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Section 1202 of the IRS tax code has long allowed taxpayers to deduct the sale of certain small business stock.

How To Ensure Trusts Hold Up To IRS Scrutiny

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The IRS crackdown on wealthy taxpayers includes a renewed focus on trusts, advisors say.

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