Wealth management

FASAB is looking for input on a proposed interpretation of the federal financial accounting standards for cancelled debt.

Plans sold through brokers cost nearly three times as much as those sold directly; time-stressed parents can find it's worth it.

President Biden releases his annual budget on May 27, a move likely to detail his plans to increase the capital gains tax rate and eliminate a lucrative benefit for inherited estates.

Pulling the costs directly out of clients’ IRAs can blunt the sting, but it shrinks the pot of tax-deferred retirement assets.

Chicago CPA Jeff Badu launches his own nonprofit to serve local youth, and the Indiana Society of CPAs holds its 2021 Spring CPA week.

Any changes to inheritance tax would feed into the broader upheaval that is coming to taxation in the world’s major economies.

The state society's annual awards recognize local CPAs and their commitment to service, diversity and innovation.

Biden administration proposals could radically reshape how wealthy Americans are taxed.

Client referrals are a great way to grow your financial planning practice — provided you can get them.

The annual Wealth Magnets list ranks CPA financial planners by assets under management.