Wealth management

The Senate and House passed bipartisan legislation to help nonprofits remain financially viable during the COVID-19 pandemic.

To be competitive in the ever-changing landscape of professional services, financial planners need to be as holistic as possible.

BDO USA is adding CFO Advisors and MorganFranklin Consulting’s public sector practice; RubinBrown Advisors combines with Wealth Management Advisors; Wessel & Co. merges in Perry & Co.; and CA PA joins Hancock Askew & Co.

IDGT’s are particularly useful estate planning tools in a low-interest-rate environment.

Every accountant and financial planner will make mistakes, says John Napolitano of U.S. Wealth Management -- the question is how you handle them.

Amid the economic crisis, many people are looking for sources of cash and can no longer afford their insurance premiums.

It pays to be a senior executive in a U.S. family office. Private investment firms of rich families there have the greatest number of C-suite executives making more than $396,000 a year.

Nonprofits, lawmakers and others want to see more giving from fund donor-advised funds, which have grown popular recently because they’re so flexible.

Could your accounting firm thrive as a multifamily office?

Both pieces of legislation have caused sweeping changes to retirement planning and wealth management.

Divorce and COVID-19 each bring various tax considerations.

The guidance says some deductions of estates and non-grantor trusts are not considered to be miscellaneous itemized deductions.

Rich Americans are taking advantage of an unprecedented opportunity, made possible by the coronavirus pandemic, to transfer money to their children and grandchildren tax-free.

Just before the coronavirus roiled the economy, wealthy investors piled into funds that take advantage of a popular, two-year-old tax break meant to help poor communities.

Difficult times hold up a mirror to your practice. What will you see?

Now in its 14th year, the Wealth Magnet report aims to highlight the biggest CPA-financial planners.

The novel coronavirus pandemic is causing the biggest drop in Americans’ financial situation in over a decade.

The charitable partner of the Illinois CPA Society is providing 16 laptops to local accounting students who are in need of technology at home following school closures.

The financial planning or wealth management business is still evolving into a profession that can be broadly respected and somewhat consistent from practice to practice.

The Internal Revenue Service is postponing the date for filing gift tax and generation-skipping transfer tax returns and making payments until July 15 because of the novel coronavirus pandemic.