Tax Protection

Ask An Advisor: Can I Harness the Bear Market to Cut My RMDs and Tax Bill?

A financial advisor may help you understand the tax impacts of your investment and income decisions.

U.S. Treasury Says Consumer Leases Can Qualify for EV Tax Credits

US Treas. Dept. said that electric vehicles leased by consumers can qualify starting Jan. 1 for up to $7,500 in commercial clean vehicle tax credits.

What’s Next for the IRS?

Tax experts sound off on the funding the IRS will get from Congress and what it could mean for the 2023 tax season.

The IRS Says Its 87,000 New Hires Could Help Collect as Much as $1 Trillion

By forcing tax cheats to pay up, IRS could collect as much as $1 trillion. But will more 'fire-breathing dragons' really do the trick?

The Democrats’ Lousy Corporate Tax Hikes

Only two meaningful tax hikes Democrats may pass at all during Biden’s four-year presidential term are contained in the Inflation Reduction Act.

Larry Summers is ‘Appalled’ by the Private Equity Carve Outs in the Inflation Reduction Act

He has a quibble with two of the late changes to the bill that let wealthy hedge fund managers and venture capital partners avoid paying higher taxes.

Wells Fargo Seeks $30 Million in Tax Breaks for Suburban Dallas Office Hub

Wells Fargo & Co. is seeking millions of dollars in tax breaks for a new office campus in a suburb of Dallas.