Is the municipal bond market in the same state of denial as the equity and mortgage-backed securities markets were in late 2007? Jeffrey Gundlach, the founder of Doubleline who put together a...
U.S. Taxpayers who took IRA distributions won't be able to return them to give directly to a charity, the IRS said.
In retirement, a dollar in an IRA is worth less than a dollar in a taxable account, but financial advisors can position clients so they keep the most from withdrawals.
The Internal Revenue Service, reversing an earlier position, proposed rules making it more likely informants will collect a reward when they blow the whistle on tax-dodgers.
The Obama administration says U.S. banks should disclose to the IRS bank accounts owned by foreigners, resurrecting a Clinton-era proposal that was opposed by banking groups and Republicans.
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he expects more U.S. municipalities to declare bankruptcy and urged caution when investing in the $2.9 trillion public-debt market.
Estate tax exemption portability was a surprise perk in the recently adopted Obama-Republican tax compromise.
Taxpayers who claim deductions for home-mortgage interest, gifts to charity and state and local taxes will have to wait to file their returns.
A senior advisor to President Barack Obama said the administration will work over the next two years to end tax cuts for the wealthiest Americans that were included in recent tax legislation.
Investors who forget what they paid for shares of stock will get help starting next year, courtesy of the IRS.
hree former UBS AG executives who pleaded guilty or were sentenced in U.S...
The extension of current income-tax rates gives wealthy taxpayers the equivalent of an interest-free loan if they convert a regular Individual Retirement Account to a Roth by December 31.
Families would be able to make tax-free gifts to their children or others of as much as $10 million, up from the current $2 million limit, under the tax-cut bill Congress is debating this week.
Tax issues can quickly become dangerous territory for financial advisors as they help people plan.
Obama confronted pushback from fellow Democrats today as he begins the job of selling his agreement with congressional Republicans to temporarily sustain all the Bush-era tax cuts.
Low interest rates and changing laws mean rethinking wealth transfer strategies.
Proponents of different estate tax proposals in Congress are digging in their heels, making for a very contentious debate.
Muni-bond issuers may face more failures in 2011 as federal economic-stimulus aid declines and budget pressures jeopardize debt payments, says a distressed debt newsletter publisher.
A member of the deficit-reduction commission suggests a national sales tax and changes in Social Security as part of plan to spur economic growth.
The U.S. Internal Revenue Service dropped its demand for the identities of Americans who hold secret offshore bank accounts at UBS AG.