Financial Planning

With new cost-basis reporting requirements in effect for the 2011 tax year, Charles Schwab is warning investment advisors to brace for a hectic tax season and prepare for a flood of questions from clients who for the first time will receive a revised 1099-B form packed with new transaction information.

The Section 1022 election to opt out of the federal estate tax and into the modified carryover basis regime for the estates of people who died in 2010 is coming up in mid-January.

More consumers are reporting this holiday season that their finances have deteriorated over the past year.

A senior member of the tax-writing House Ways and Means Committee has introduced legislation to roll back the estate tax rates to pre-Bush tax cut levels.

As someone who breaks into hives the moment he buys something that contains a set of simple assembly instructions, you can imagine my response to getting the prospectus of a variable universal life insurance product.

Three shareholders at Greenwalt CPAs were named on Indianapolis Monthly’s 2011 survey of the Five Star Wealth Managers.

Bereaved spouses who have a relationship with a financial advisor can find the support invaluable in recovering their family’s financial bearings, according to a new survey.

The Tax & Accounting business of Thomson Reuters has inked a deal with Thompson Hine LLP to provide clients with custom retirement plans that meet IRS requirements.

Investors and financial executives are increasingly feeling overloaded by the volume and complexity of financial disclosure information in annual reports and other financial filings, according to a new study.

Corporate acquisitions using overpriced shares of stock rarely do much to cushion the decline the shares eventually suffer, according to a new study.