Financial Planning

Top stories from the past month in financial planning

Don't be afraid to serve the very, very rich

Odds have now turned against those hoping that the health care law passed in 2010 will "just go away."

The Certified Financial Planner Board of Standards, Inc. has approved the organization's first-ever Sanction Guidelines, which will be used by the Disciplinary and Ethics Commission and staff when determining sanctions for particular CFP Board violations.

XBRL US launched on Wednesday its second annual XBRL Challenge, a contest to discover the top open source analytical tools that can mine XBRL-formatted corporate financial data from the SEC’s EDGAR database.

Senate Democrats, who are united in support of higher income tax rates for millionaires and billionaires, are paralyzed by disagreements on how to tax the estates of the wealthiest Americans.

An increasing number of business entities, including investment funds like the Carlyle Group, along with private hedge funds, private equity firms and venture capital funds, largely escape Internal Revenue Service audits due to the way they are organized, according to a new report.

Families who have prepared a personal financial plan report more success managing their money, savings and investments than those who have not, according to a new survey.

Orlando-based CPA firm Berman Hopkins Wright and LaHam CPAs has partnered with Direct Retirement Solutions to establish Berman Hopkins Retirement Solutions LLC, a retirement planning, consulting and advisory services company for businesses throughout the Southeast.

Many CPAs are passive in nature and afraid to ask clients to pay them extra for financial advice. Yet, often they are better positioned even than planners to suggest tax-efficient investment strategies.