The Consumer Financial Protection Bureau, a creation of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, is designed to remedy the situation by protecting consumers. But what if something could be done to make the public less like prey and thus less susceptible to financial predators?
The tax impact on carriers will encompass about 1% to 2% of their total earnings, assuming an annual tax of about 4 basis points.
Wealthy pocket savings, research finds; stock market biggest factor in affluent's spending habits
There is plenty of uncertainty surrounding the estate tax. The only sure thing is that Congress will punt the issue to next month — or perhaps beyond the fall elections. Nevertheless, a rough picture of what will happen is starting to emerge.
For years, wealthy retirees from high-tax states in the Northeast and Midwest have been streaming to sunny, low-tax Florida. That stream is now turning into a flood.
As Congress heads toward its summer recess, it looks unlikely that legislators will make progress any time soon on the estate tax. That leaves financial planners and their clients in the lurch.
Davidson has her reasons, but estate tax isn't one of them, rep says
Managers of private investment partnerships usually get paid both a base management fee and a performance fee. Many times, the performance fee isn't paid in cash, but is instead paid to the manager as an allocation of profits.
Most taxable investors who wish to continue to hold shares of Weyerhaeuser Co. Ticker:(WY) should probably sell today and buy it back again tomorrow after the stock has gone ex-dividend.
There is a downside to a Roth IRA conversion. Whether clients pay tax for 2010 or spread the tax burden between 2011 and 2012, they'll still owe income tax on the pretax money they move from a traditional individual retirement account or company plan to a Roth IRA.
Jacked-up rates have wealthy Americans desperately seeking soothing. Muni bonds and Roth IRAs could help lessen the pain
Grantor-retained annuity trusts, one of the most powerful and tax efficient wealth transfer tools, could be a lot less attractive for wealthy investors in the future.
Although many wealthy taxpayers are worried about Washington's plans for tax increases, financial advisers and other tax experts are sounding the alarm bell about state tax hikes.
My recent column on the taxation of listed options on SPDR Gold Shares GLD seems to have struck a nerve.
Many financial planners are in the dark about ways to help clients boost their monthly government checks. That needs to change, says one expert.
The software billionaire's father is spearheading an initiative to impose a state tax on Washington's wealthy
Embedded capital losses, which represent a combination of realized and unrealized losses, offer a rare opportunity for mutual fund investors in taxable accounts.
