Financial planning

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.

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

The threat posed by passive index-like investing.

The chairman of the House Ways and Means Social Security Subcommittee, Rep. Sam Johnson, R-Texas, has introduced legislation to make changes in Social Security, including raising the retirement age.

Donald Trump must confront major tax issues when deciding what to do with his real estate empire and other businesses in order to avoid conflicts of interest as he assumes the presidency.

Blucora announced a partnership with online portfolio advisor Financial Guard to provide Blucora’s TaxAct customers with an integrated, automated advisory platform.

The American Institute of CPAs is asking the Internal Revenue Service and the Treasury Department to withdraw and, if necessary, re-propose their rules for the valuation of interests in corporations and partnerships for estate, gift and generation-skipping transfer tax purposes.

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

Nonprofit accounting and business software provider Blackbaud reported a 20 percent increase in online donations during the annual #GivingTuesday campaign, held this year on November 29.

Some of the wealthiest families in the U.S. are hoping for a $21 billion benefit from President-elect Donald Trump next year.

Key best practices in running a PFP practice

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

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

In the aftermath of Donald Trump’s election, the American Institute of CPAs has drawn up a list of tax reform priorities for the incoming administration.

The prospects for tax reform in an incoming Trump administration with a Republican-dominated Congress appear more likely, but that’s assuming Congress will be able to get over its traditional dysfunction.

Many times I have provided services that I believed had significant value to the client, but the client complained about the fee. His value centered on how little he would have to pay for it. This is always upsetting, but this poignantly came into focus a few weeks ago.

The appeal and use of donor-advised funds continue to grow among advisors and their clients.

For wealthy Americans, the outcome of the 2016 election could be lucrative.

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

In the latter part of the year we begin conducting year-end planning meetings with clients. For the ones with children or grandchildren, invariably part of the meeting focuses on planning and saving for college and possibly graduate school expenses.