Although there are just a few days left in 2009, small business owners still have time to squeeze in a few tax breaks.
A Virginia man will spend more than seven years in prison for running a Ponzi scheme that bilked more than $5 million from more than 30 investors.
While succession planning involves many decisions and alternatives, there is one outcome that is always an either/or option: ownership of the practice will pass either to a family member or to an outsider.
Although succession planning involves many decisions and alternatives, there is one outcome that is always an either/or option: Ownership of the practice will pass either to a family member or to an outsider.
There are few places in the tax law where one can “undo” an earlier taxable act.
A wealthy accountant who provided extensive help in the tax evasion probe of Swiss bank UBS AG was sentenced to a year of house arrest Wednesday after admitting he concealed about $6 million in assets from the IRS.
Many U.S. taxpayers with unreported income from hidden offshore accounts have decided to participate in the government's tax amnesty program, which ends tomorrow, according to tax attorneys.
Chances are, you have clients in financial distress, with a need for ready cash.
Some 7,500 international tax dodgers have applied for an amnesty program that promises no jail time and reduced penalties for tax cheats who come forward, the IRS announced Wednesday.
U.S. taxpayers with unreported income from hidden offshore accounts received a three-week reprieve today from the Internal Revenue Service, which pushed back the deadline for its tax amnesty program from Wednesday to Oct. 15.
The U.S. and Swiss governments have agreed on most major disputes in Washington's effort to get names of thousands of wealthy Americans suspected of evading taxes by hiding billions in assets with Swiss banking giant UBS AG.
Most money managers who strive to be tax-efficient harvest losses year-round.
The love affair financial advisers have enjoyed with American Funds has cooled.
Financial advisers who have sold certain types of retirement and other benefit plans to small businesses might soon face a wave of lawsuits unless Congress takes action.
To deal with the “Roth revolution” that starts next year, advisers' best tool may be a crystal ball.
There will be no cost of living increase for more than 50 million Social Security recipients next year, the first year without a raise since automatic adjustments were adopted in 1975, the government announced Thursday.
Contribution limits for 401(k) plans will remain unchanged next year, the Internal Revenue Service announced today.
Citigroup has been fined $600,000 today by the Financial Industry Regulatory Authority, <a href=http://www.forbes.com/feeds/afx/2009/10/11/afx6989203.html>according to multiple media reports.</a>
In his book “Integrated Wealth Management: The New Direction for Portfolio Manager” (Euromoney Institutional Investor, 2006), Jean Brunel educates us as to the benefits of asset “location” — not to be confused with asset allocation.
The Achilles heel of hedge funds — tax inefficiency — could soon send investors limping toward other options.
