Carlos Kepke had been charged with helping private equity billionaire Robert F. Smith evade taxes.
The divided Congress means that the fate of the estate tax exemption is unpredictable.
Andrew Altfest's firm has upgraded its artificial intelligence tool for tax planning.
As with most financial questions, the answer depends on several nuances.
Filing rules are changing for both international and domestic business partnerships.
An FTX user's best bet when filing tax returns next April may be to try to take advantage of a special provision to the theft-loss rule.
Many funds down double-digits this year will distribute capital gains to shareholders, with some as high as 40% or more of their NAV.
A Democratic Party-led Senate and presidential veto would likely block them, tax experts said.
The Biden administration could use $104.5 million earmarked for the Treasury's Office of Tax Policy to hire legal staff to write new regulations.
The Paris-based organization has led years of talks on setting a global minimum tax.
They want a retirement paycheck, not another product.
Planning around the millionaire tax in its current form could offer meaningful tax savings.
Both major parties seem eager to push their own tax cut plans amid the inflationary environment.
Many of the changes made by the IRS this year can work to the benefit of clients, advisors say.
Massachusetts voted to raise millionaires' taxes. Californians dumped a climate-linked tax.
Clients who trade cryptocurrencies should expect more disclosure requirements, advisors say.
Don't limit your tax evaluations to tax harvesting. There are other subjects to put on the agenda for Q4 meetings.
New tax laws mean advisors and their clients will benefit by getting an early start on tax planning.
But some experts say the increase was likely an aberration driven by a spike in death levels.
It's a whole new ball game for yield seekers, but stay mindful of the Fed's guiding hand.