Financial planning

A blue ribbon panel of public policy experts has released a set of recommendations to address the problem of underfunded public pensions.

Forty-five percent of the 1,000 investors in a recent survey expect to receive a tax refund, and among them, 61 percent plan to save or invest the money, according to a poll by TD Ameritrade

Global assets under management are expected to rise to approximately $102 trillion by 2020, with nearly 50 percent of them in North America, according to a new report by PricewaterhouseCoopers.

The Internal Revenue Service has filed documents in U.S. Tax Court claiming that Michael Jackson’s estate has severely undervalued his image and music catalog, telling the pop star’s executors that the estate owes an extra $505 million in taxes, plus $197 million in penalties.

Successful CPA wealth managers share their onboarding secrets.

A roundup of financial planning news from the previous month.

The building blocks of a successful FP practice

Congress voted in December 2010 to let wealthy Americans make tax-free gifts of as much as $5 million—and the money flowed.

The Internal Revenue Service has issued new rules providing an automatic extension of time for certain estates without a filing requirement to elect portability of the decedent’s unused exclusion amount for the benefit of the decedent’s surviving spouse.

Despite a wave of accounting scandals at Chinese companies, a 58 percent majority of capital markets executives at investment banks believe the number of U.S. IPOs from China-based businesses will increase in 2014, according to a new survey by the accounting and consulting firm BDO USA LLP.

The American Institute of CPAs has issued additional guidance for CPAs who offer personal financial planning services, issuing practice standards that apply the AICPA's code of professional conduct to the PFP arena.

Many investors are strongly affected by a company's corporate social responsibility whether they know it or not, according to a new study by a group of accounting professors, and should take into account a company’s CSR record when picking stocks.

The Certified Financial Planner Board of Standards, Inc. is planning to move to computer-based testing for its CFP Certification Examination, starting in November.

Capital markets executives at leading investment banks are projecting continued growth in initial public offerings on U.S. exchanges in 2014, according to a new survey by accounting and consulting firm BDO USA that projects $66 billion in IPO proceeds on U.S. exchanges this year.

Congress dangled an incentive for high-income Americans to convert their tax-deferred individual retirement accounts into post-tax plans. Their response was overwhelming.

The leading firms in wealth management carefully strategize their success.

A roundup of financial planning news from the previous month

While financial independence and what you need to do in order to maintain independence is clearly important, it isn't the only thing.

Among the nation’s billionaires, one of the most sought-after pieces of real estate right now is a quiet storefront in Sioux Falls, South Dakota.

The popularity of the shelter, known as the Walton grantor retained annuity trust, or GRAT, shows how easy it is for the wealthy to bypass estate and gift taxes.