Tax Strategies

Queen Bey is challenging a $2.7 million tax bill.

From a bag of used clothing to artwork worth millions, donations can get a tax deduction — the complications arise when dealing with substantiation requirements. 

As clients decide on the business entity type that will offer the most advantages — legally and financially — they'll have much to consider.

It's tax season in the U.S., and nowhere is that felt more acutely than in three cities — New York, San Francisco and Honolulu.

While a securities-based loan is more commonly used to buy a fancy house or take a dream vacation, it's also an underused strategy for some affluent investors to pay large tax bills.

Hard data about charitable donations denominated in cryptocurrency is difficult to obtain.

From accidentally paying state taxes on T-bill income to wonky filing deadlines, these tips will help make a federal tax return sparkle. Or at least clean.

Americans pay billions of dollars in taxes each year when draining their retirement plans as they change jobs. The "leakage" doesn't bode well for long-term savings, data shows.

Once primarily an issue for Democrats, GOP gains in New York have made the deduction an issue for them, too.

The IRS issued a revised version allowing nonprofits and charitable trusts to file requests for miscellaneous determinations electronically.