Wealth management

As the political fight over raising taxes for high-income Americans fades away, so are predictions for negative economic fallout.

Seventy-four percent of U.S. adults believe they are worse off or about the same financially as they were a year ago, according to a new survey for the American Institute of CPAs by Harris Poll, but stress levels about finances have not increased in the past year.

“Old-world” economies charge higher inheritance and estate taxes than “new-world” economies, according to a study by UHY International.

April is National Financial Literacy Month, and in recognition of the importance of the topic New York-based CPA John Vento is partnering with members of Congress from the Financial and Economic Literacy Caucus to speak at high schools and universities in the New York metropolitan area.

Investors try to maximize investment returns while managing the level of risk in their portfolios. But only after-tax investment returns are truly available to the investor. Tax consequences should be considered before making any investments. Tax treatment, good or bad, can have a significant impact on an investment decision.

A roundup of financial planning news from the previous month.

Taxation is merely one piece of the financial planning puzzle, but it is second only to investments as the topic that most individuals want to control during the financial planning process.

For this installment of Accounting Today and Cetera Financial Specialists' Seeking Success project, we looked at the ways different firms with wealth management practices approach one of their most valuable assets: their current clients.

Whether they realize it or not, taxes ended up going up for most taxpayers last year, despite the extension of the Bush tax cuts at the beginning of last year.

When President Obama announced the myRA program during his State of the Union Address this year, it likely raised several questions among those in the accounting community: What is this new program? How will it work? How does it compare to the retirement benefits businesses already provide to their employees? What do I need to share with my clients about this?

Nearly half of Americans prepare their own taxes, according to a new survey, and most of them seem to be convinced they are taking advantage of all the tax breaks available.

An increasing number of employers are using cash-based long-term incentives as part of their employee compensation programs, according to a new survey.

The U.S. District Court for the District of Maryland has held a pair of family estate executors liable for the unpaid taxes of the estate.

A majority of public companies may be able to avoid the need to file their financial reports using Extensible Business Reporting Language, or XBRL, technology if a congressional bill gets signed into law.

Americans' confidence in their ability to afford a comfortable retirement has recovered slightly from the record lows of the past five years, primarily among those participating in retirement plans, but overall their actual preparations for retirement haven't improved, according to a new survey.

A federal court may allow the convicted former chief of a telecommunications company to deduct more than $44 million from his taxes after he was forced to forfeit the amount of stock gains he realized from insider trading.

“Blind luck” is how Jack Johns characterized his 16 percent profit on something he read about on the Internet called Master Limited Partnerships. Johns, a retired postal worker from Rincon, Georgia, said he sold his MLP investments within a year because he realized he didn’t really know what he’d bought.

Entrepreneurs are the brightest, most focused and determined people I know. But it is also lonely for many of them.

The House Financial Services Committee has overwhelmingly approved bipartisan legislation that would remove a requirement for smaller public companies with less than $250 million in annual revenue from filing their financial statements in Extensible Business Reporting Language, or XBRL, format for five years.

The Certified Financial Planner Board of Standards is working on several new initiatives to provide greater academic support for the financial planning profession, including a new Ph.D. program and academic journal, along with the possible establishment of a Center for Financial Planning.