After three years of record gains in the value of household financial assets, 2022 is likely to result in a nominal drop of more than 2%.

Many clients still have profits in need of planning attention before Dec. 31.

Some states have established a pass-through entity tax that enables certain entities to avoid the SALT deduction cap.

With markets sinking, it’s important to think carefully about where you draw money from and when you claim Social Security benefits.

Cory Youmans, a vice president at a local branch of Fisher Investments, could be in for a $2 million tax hit.

Corporations, partnerships and LLCs must meet Jan. 1, 2024 reporting deadline.

Report finds giving was already stagnating before donors were hit this year with declining asset values and elevated inflation.

“Current DAFs don’t do enough to actually help people give the money in the funds away,” says CEO and co-founder Adam Nash.

Foundations shift billions to donor-advised funds, skirting US laws requiring transfers to the needy, a Bloomberg analysis finds.

FATCA, aimed at cracking down on offshore tax evasion, is hurting accidental US citizens who can’t open bank accounts.