Wealth management

Financial advisors, tax professionals and their clients get another year to think through potential tax, distribution and trust strategies, according to experts.

An overwhelming 77% of voters in the seven states that will decide the 2024 presidential election like the idea of a billionaires tax to bolster Social Security shortfalls.

Accounting Today is in the midst of surveying CPA firms with wealth management practices for this year's 'Wealth Magnets' ranking.

Some financial advisors and tax professionals with high net worth clients could find big advantages before the expiration of provisions of the Tax Cuts and Jobs Act.

Crete Professionals Alliance added Reid Tax & Advisory Services; and Financial Independence joined Level Four Financial.

The high court heard arguments in a case about a commonly used succession planning tool for closely held businesses that may affect advisors' clients.

Maxwell Locke & Ritter sold its wealth management unit to Creative Planning, and Wright, Ford, Young & Co. teamed up with Integrated Partners.

A congressional hearing takes aim at an estate planning strategy that relies on the step-up in basis.

Reporting requirements and asset location could loom large for clients seeking greater yield and diversification without thinking through payments to Uncle Sam.

A pair of lawmakers proposed a bill to end the abuse of grantor-retained annuity trusts to avoid taxes.

Marlene Engelhorn plans to let 50 strangers decide the fate of her inheritance.

Nonprofit development and accounting departments are working toward the shared goals of sustainable growth and accomplishing their mission.

Advisors must be attuned to the emotional factors at play, since no two clients have the same relationship with money.

Plus, Baker Tilly solution helps find clean energy credits; and other updates from the accounting tech world.

Stubbornly persistent differences between white and Black households' income and assets present financial advisors with the big-picture implications of their work.

The report casts a skeptical eye on the PPLI industry, claiming it functions as a tax shelter for a few thousand millionaires and billionaires.

Who owns the business and who is going to run it are separate — but equally important — questions.

Bill Harris, the former CEO of Personal Capital, TurboTax and PayPal published a new edition of his "Investment Tax Guide" with the future of the industry in mind.

The American Institute of CPAs is asking the Treasury and the Internal Revenue Service to postpone the effective date of their final regs on donor-advised funds.

Two firms in Albany and Buffalo, New York, have agreed to a revenue-sharing arrangement.