Financial Planning

Churn of the rich; the rise of AI; collection time; and other highlights from our favorite tax bloggers.

The omnibus exposure draft addresses a variety of issues identified during the implementation and application of different pronouncements.

Move to a rolling forecast, and spend more time relaxing.

Investors are starting to pour money into the real estate projects after more than a year of indecision.

There are two types of issues: ethical and regulatory conflicts, and practice management conflicts.

The AICPA found concern about the valuation of instruments such as derivatives, with fears it might potentially lead to a financial crisis.

President Donald Trump praised New Jersey’s lawmakers for blocking Gov. Phil Murphy’s proposed millionaire’s tax, saying it would have driven “large numbers of high-end taxpayers out of the state.”

Some private educational institutions are now facing taxes on their investments under the Tax Cuts and Jobs Act.

The Governmental Accounting Standards Board proposed new accounting and financial reporting guidance Friday on deferred compensation plans under Section 457 of the tax code.

The White House is developing a plan to cut taxes by indexing capital gains to inflation, according to people familiar with the matter, in a move that would largely benefit the wealthy and may be done in a way that bypasses Congress.