Wealth management

The District Court for the Southern District of Ohio has upheld the Internal Revenue Service’s imposition of penalties totaling more than $1 million on an estate that failed to file its estate tax return on a timely basis and timely pay the estate tax it owed even though the estate attorney was battling cancer and lost her license to practice law..

The NII Tax may take some of your clients by surprise this year.

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

What makes a successful financial planner?

A review of IRA and retirement plan tax changes

The Tax Increase Prevention Act extends the provision that allows certain IRA owners to make tax-free distributions to charity.

ADP vice president Chris Augelli discusses the value and services that accountants can offer their business clients around company retirement plans.

Naming a trust as an IRA beneficiary may offer many benefits. If drafted properly, a trust can protect the account from creditors and reduce the risk that money will be mishandled.

The International Accounting Standards Board has launched a new program in tandem with some of the largest financial firms in a bid to elicit closer ties with investors and investment firms.

Prompter disclosure of corporate audit fees would help investors, according to a new study that found sudden increases in audit fees may be a sign of trouble at companies.

U.S. Wealth Management CEO John Napolitano offers strategies for boosting your financial planning practice.

As 2014 winds down, you may be able to help your clients kill two birds with one stone by combining routine portfolio rebalancing with tax loss harvesting.

The keys to success in personal financial planning

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

With the holidays upon us and tax season almost here, now is the perfect time to check in with your clients to discuss their gift-giving plans for the rest of the year.

U.S. Wealth Management CEO John Napolitano describes how accounting firms and broker-dealers can best leverage their relationships, in an interview with Accounting Today editor-in-chief Daniel Hood.

California is the state with the highest number of ultra-wealthy individuals in the United States, according to a new report.

John Napolitano of US Wealth Management discusses the role of the broker-dealer in a financial planning practice, and how CPA firms should pick theirs.

Wolters Kluwer has released a new paper to provide financial organizations with best practices for stress testing.

The share of families with an individual account retirement plan such as an IRA or 401(k) is decreasing, but the assets in those plans are increasing, according to a new study.