Financial planning

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

A roundup of our favorite recent tax fraud cases.

The Internal Revenue Service has ruled that fines issued by the brokerage industry’s self-regulatory body, the Financial Industry Regulatory Authority, or FINRA, are not tax deductible.

Summer jobs are an excellent opportunity to learn responsibility in the areas of work ethic, time management, and financial responsibility.

The Consumer Financial Protection Bureau proposed long-awaited rulemaking last week to protect consumers from falling into the trap of ever-spiraling debt for taking out a short-term “payday loan.”

Congress and the Internal Revenue Service are starting to take a closer look at the museums set up by private foundations that receive special tax-exempt status from the IRS.

The American Institute of CPAs has sent comments to the Internal Revenue Service and the Treasury Department on proposed regulations for estate tax basis reporting.

As the Baby Boomers move into retirement, their $50 trillion in assets will move with them -- and they’ll need professional help with the transition, according to Roger Ochs.

Despite their collective sigh of relief at the end of tax season, the lull that afflicts the profession afterwards can be disquieting.

The end of the 2016 primary season is in sight, and while many significant (and some less significant) issues have received ample attention, taxes have played a somewhat less prominent role.

Two new surveys highlight the differing financial situations of older and younger adults.

As Donald Trump prepared for the Republican primaries, he transferred dozens of his most prized assets, the “Trump” trademarks that adorn everything from hotels to ties to his U.S. golf courses, into a new Delaware-based company—a move that offers him a chance to cut his income-tax bills.

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

Make sure you’re working with the right clients

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

Now that it’s springtime and the birds are chirping, it’s important for your tax clients to consider education-related expenses when applying for federal financial aid.

Public companies in the U.S. are doing more to burnish the results they present to investors than ever before. It isn’t working.

Last month, the U.S. Department of Labor issued the final fiduciary rule, which significantly affects advisors who render investment advice to Individual Retirement Account owners.

The Internal Revenue Service has released final regulations for disbursements from Roth individual retirement accounts, removing the allocation rule for disbursements from designated Roth accounts to multiple destinations.

Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, released a legislative discussion draft Wednesday to lay the groundwork for tax reform in the area of financial derivatives.