Financial Planning

Check out the digital edition of the August 2014 issue of Accounting Today.

Wealth transfer and estate planning can be among the most difficult conversations to have with clients

Simple questions during tax prep can unlock a client's needs

The Treasury Department’s Financial Crimes Enforcement Network is hoping to lift the veil on the use of anonymous companies for financial transactions by forcing financial firms to disclose and verify the identities of the actual people, or “beneficial owners,” behind the transactions.

Republicans are considering voting this year to repeal the U.S. estate tax, said House Ways and Means Chairman Dave Camp.

Thirty-five percent of adults in the U.S. have a debt in collections reported in their credit files, a new study shows.

A pair of Democratic lawmakers have introduced a bill that would provide tax relief to student loan borrowers who have been granted debt relief after consistently repaying their student loan debt for at least 20 years, giving them an exemption from being taxed on the amount forgiven on the loans.

Withdrawals from individual retirement accounts tend to be driven largely by people who are 70-½ or more, according to new research.

The scheduled depletion date for Social Security’s Disability Insurance Trust Fund is only two years away, in late 2016, according to a new government report.

On the same day that the Securities and Exchange Commission issued long-awaited rules for money market mutual funds, the Internal Revenue Service has issued its own rules for money market funds and wash sales.