Saving enough money for retirement is a primary concern when it comes to financial planning for Americans. However, it’s also vital to consider long-term capital gains taxes, or the amount you’ll pay ...

Roth conversions, especially when combined with smart structuring techniques like this, can be one of the most impactful ...

Allworth Financial’s Steve Hruby, CFP®, and Bob Sponseller, ChFC®, answer your questions. If you, a friend, or someone in ...

The qualified small business 1202 stock exemption is a $10 million exclusion that seems too good to be true and is often ...

Preserving generational wealth with trusts, life insurance and annual gifts are among key strategies for the current $84 trillion wealth transfer.

President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law on July 4, 2025. The OBBBA represents a significant overhaul of the ...

Tax-Loss Harvesting: Offsetting Gains Without Changing Strategy While Buffett rarely sells assets, when he (or Berkshire Hathaway) does, it's often done strategically.

The Moneyist ‘Is this a good tax strategy or a sham transaction?’ My mother wants to give me her home. I have a plan to avoid taxes. ‘If my mother gives her personal residence to me, my ...

For example, converting $50,000 in an IRA incurs immediate taxes but ensures tax-free growth for decades. Caution: High earners in states like California (13.3%+ state tax) should weigh the upfront ...

In contrast, tax avoidance is legal and refers to using strategies within the law — like deductions or retirement contributions — to reduce your tax bill.

The most critical deadline Congress is facing is enactment of additional government borrowing authority before the current authorization limit is reached.

A new business strategy has taken in the legal cannabis trade: claiming exemption from a burdensome federal tax provision that has — until now — been effectively taxing much of the industry to ...