Wealth management

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.

The White House’s sweeping proposal to raise taxes on the wealthy will likely force advisors to get creative as they structure sales of their practices.

If employees are a company’s greatest assets, then children are a person’s greatest treasure.

The society honored professionals across a wide range of categories, including Women to Watch, Lifetime Achievement, Advancing Diversity and more.

Biden’s proposal to raise capital gains taxes on investments profits would hit many business owners, not just ultra-wealthy investors.

It’s all but inevitable that the Biden administration, as well as lawmakers at the state level, will target millionaires and billionaires for more levies.

The heirs of billionaire Heinz Hermann Thiele may owe German authorities more than 5 billion euros ($6 billion) in inheritance taxes, potentially the largest such bill in the country’s history, according to ManagerMagazin.

Gamification and the ease of using apps with access to complex financial instruments presents substantial risk.

Many RIAs can qualify for this lucrative benefit. Here’s what you need to know this tax filing season.

Accountants will want to fulfill their fiduciary responsibility, while avoiding fiduciary liability.

Advisors are urging clients to make tax-planning moves this year to preserve the preferential capital gains rate and turbocharge business deductions.

Staffing and compensating a financial planning practice starts with the right model.

Brown Schultz Sheridan & Fritz announces two annual initiatives for minority students; and Test Prep Insight opens its $1,000 student scholarship.

President Joe Biden said anyone earning more than $400,000 a year would see a tax increase under his forthcoming economic program, highlighting the administration’s plans to address inequality in part through levies on the wealthy.