Financial Planning

The American Institute of CPAs has updated the “body of knowledge” document that provides information to CPA financial planners on what they should know about taxes and other matters.

Clients who invest their IRAs in assets such as real estate, precious metals, private equity or virtual currency like bitcoin could be jeopardizing their savings, according to a new GAO report.

Notice says account transcript that includes a transaction code of “421” and the explanation “Closed examination of tax return” can serve as the functional equivalent of an estate tax closing letter.

U.S. Wealth Management CEO John Napolitano discusses in this video the importance of budgeting during one's golden years.

Here's how clients can get around income limits and continue making contributions. Plus, tips for updating a client's financial plan now and dramatically increasing wealth after the IRS gets paid.

Like everything else in our world, change is about to happen both more quickly and more frequently in the planning world.

John Napolitano discusses the issues that many retirees don't think of in advance.

Notice alerts taxpayers and practitioners the Service may challenge certain investment schemes as tax avoidance transactions.

The threat posed by passive index-like investing.