Under IRC Section 108, certain exceptions allow a taxpayer to exclude COD income from gross income.
The cost of doing business increased to a 26-year high while housing starts crumbled to a 17-year low.
Confidence among global institutional investors declined this month, led by a steep drop among North American investors.
Many of the country's largest companies expect corporate charitable giving to remain flat or decrease this year.
The repurchase of some $35 billion in ARS is not expected to have a material financial impact, banks say.
Last week: We created a “platinum” service level for your top clients and now it is time to plan for your lower-tiered clients.
Fifty-eight percent of RIAs expected the S&P 500 to gain ground, compared with 46% who felt that way in January.
There are many shades of green — and there are many varieties of green funds.
Focus and strategic ability are important skills for a financial industry leader, and Keith Hartstein, president and chief executive of the $54 billion John Hancock Funds of Boston, has found a unique way of honing these talents — by fencing.
Funds of hedge funds, after enjoying steady growth since the beginning of the decade, are now seen by some in the industry as victims of their own success.
