Financial Planning

For several decades, estate planners have been using entities such as family limited partnerships or family limited liability companies as an estate planning tool.

The Internal Revenue Service has issued a revenue procedure saying a charitable remainder annuity trust that includes a sample provision in its governing agreement won’t be subject to a test that could disqualify it.

Donald Trump on Monday sought to cast Hillary Clinton’s economic program as an ineffective relic, and to reset his own presidential campaign after a string of missteps.

With the start of school just around the corner, taxpayers should be aware of the following tax breaks and deductions available for qualifying expenses, according to the audit defense service TaxAudit.com.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

John Napolitano of U.S. Wealth Management describes in this video some of the common mistakes made by CPAs who provide financial planning services for their clients.

The Treasury Department and the Internal Revenue Service have issued proposed regulations that would eliminate a tax-planning strategy for minimizing estate and gift taxes.

U.S. Wealth Management CEO John Napolitano discusses in this video common mistakes made by personal financial planning clients, such as not properly identifying their assets.

Many taxpayers have multiple Individual Retirement Accounts and 401(k) accounts, and as the baby boom generation enters its retirement years, more clients than ever are going to need advice from a tax professional about how to handle the complicated rules for required minimum distributions from the accounts once they finally retire.

Tax practitioners and their baby boomer clients are beginning to cope with a monumental financial and tax event—the onset of required minimum distributions from traditional IRAs and qualified plans.