Financial Planning

The Securities and Exchange Commission has charged the media company TheStreet Inc., which publishes the financial news site TheStreet.com, and three of its executives with accounting fraud, accusing them of artificially inflating company revenues and misstating their operating income to investors.

Texas Attorney General Greg Abbott said the state is investigating a fraudulent tax return scheme and warned East Texas residents to avoid recruiters from Syam Tax Services LLC.

Only 57 percent of investors said their financial advisors proved their worth in navigating recent market conditions, according to a new report.

The Internal Revenue Service said Thursday that low- and moderate-income workers can take steps now to save for retirement and earn a special tax credit in 2012 and the years ahead.

The Internal Revenue Service and the Treasury Department have issued a set of proposed regulations on the 3.8 percent Net Investment Income Tax that takes effect next year as a result of the health care reform law, along with a FAQ page with questions and answers.

The recession had little effect on the low participation rate of small business owners in signing up for retirement plans, according to a pair of new studies from the U.S. Small Business Administration.

The International Valuation Standards Council has released a discussion paper seeking views on the need for improved standards for valuation of investment property.

John Azodi teaches CPAs the value of financial planning

Highlights from the world of financial planning in the previous month

Research tells us that 90 percent of heirs will reject their parents' financial advisors, and 70 percent of widows will change advisors after their husband's death. Can you afford that level of loss?