Wealth management

The Internal Revenue Service has decided to postpone a change it had planned for this year to limit the number of e-file signature authorization documents for filing Form 1041 estate and trust tax returns to a single 1041 return rather than multiple returns.

Cetera Financial Group, which has a strong presence in the accounting market, was acquired Thursday by RCS Capital for $1.15 billion in cash, making RCAP the nation’s second-largest independent broker-dealer by advisor count.

The Securities and Exchange Commission has delayed until July 1, 2014, the date on which the first set of municipal advisors will be required to register under final rules issued by the commission.

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.

Lyle Benson, founder of L.K. Benson & Co. and chairman of the AICPA's PFP Section, discusses how tax planning is becoming a more important part of a client's overall financial planning, in an interview with Accounting Today editor-in-chief Daniel Hood.

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

Many considered Dec. 31, 2013, the final date for year-end tax planning, but there are numerous planning actions that you can take in 2014 retroactive to 2013. Here’s a quick and easy guide to help you with your planning.

The Internal Revenue Service has released draft instructions for Form 8960, the Net Investment Income Tax that was mandated as part of the Affordable Care Act.

Many years ago my boss, Bernard D. Kleinman, had a client that was a creative genius in the advertising industry, and was being courted by many other firms. He liked his job, position and respect and had no desire or thoughts of leaving. But, as a gentleman, he listened to whoever approached him.

Lyle Benson, founder of L.K. Benson & Co. and chairman of the AICPA's PFP Section, discusses how some of the tax changes in the past year could affect a client's financial planning this year, in an interview with Accounting Today editor-in-chief Daniel Hood.

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.

Democrats in Congress plan to renew their efforts next week to extend the Emergency Unemployment Compensation program that expired on December 28.

The Internal Revenue Service has issued a revenue procedure providing a safe harbor to those who invest in renovations of historic commercial buildings, addressing concerns stemming from a 2012 appeals court decision that upset users of historic tax credits, or rehabilitation credits.

A recent ruling by the U.S. Tax Court holds a costly reminder about the consequences of making inappropriate transactions within a client’s IRA.

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 Internal Revenue Service is urging individuals and businesses that are making contributions to charity to keep in mind several important tax law provisions that have taken effect in recent years. Accountants can pass along the advice to their clients who are making charitable contributions that they can claim on their taxes next year.