Tax Planning
News, insights and expert analysis on tax planning from the team at Kiplinger.
Latest
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How to Find a Tax Preparer: What to Look for in a Tax Professional
You want to find a tax preparer who's qualified, reasonable and knowledgeable to file your taxes. How do you get a tax professional that's right for you?
By Joy Taylor
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Missed an RMD? How to Avoid That (and the Penalty) Next Time
If you miss your RMDs, you could face a hefty fine. Here are four ways to stay on top of your payments — and on the right side of the IRS.
By Evan T. Beach, CFP®, AWMA®
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How a Tax-Aware Long-Short Strategy Solved This Couple's $50,000 Capital Gains Problem
Large unrealized capital gains can create a serious tax headache for retirees with a successful portfolio. A tax-aware long-short strategy can help.
By Pam Krueger
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A Financial Planner Answers 10 Common Gift Tax Questions
taxes Generous gifts can have tax consequences, but in general, only very wealthy people need to worry about gift taxes. Still, there could be IRS paperwork involved.
By David Jaeger, CFP®
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How to Slash Your Taxes on Large Stock or Property Sales
Selling a major asset can result in huge capital gains taxes, but combining direct indexing with tax-loss harvesting can significantly reduce your tax bill.
By Danielle Meister, IAR, CFF®, CDFA®
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Want to Divorce the IRS? This is How to Go About It (Legally)
With some careful planning focused on the standard deduction, retirees who have large sums in tax-deferred accounts can avoid unpleasant tax bills and even part ways with the IRS for good.
By Joe F. Schmitz Jr., CFP®, ChFC®, CKA®
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9 Ways the Wealthy Waste Thousands in Taxes — And 9 Remedies
The tax code contains plenty of legitimate ways for the wealthy and business owners to cut taxes. Use this checklist to minimize taxes and stay compliant.
By Travis Babb, CFP®, EA
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How to Use Qualified Opportunity Funds for Tax-Free Savings
Investors who combine Roth IRAs, the gold standard of tax-free savings, with qualified opportunity funds could enjoy decades of tax-free growth.
By Michael Kelley
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How to Use 1031 Exchanges to Build Your Real Estate Empire
Small rental properties can be excellent investments, but you can use 1031 exchanges to transition to commercial real estate for bigger wealth-building.
By Daniel Goodwin
