Accountants prepare clients to refile income tax returns for refund of county taxes.
Roth IRA conversions or contributions can be undone up to Oct. 15 of the following year
Which is harder to swallow: realizing that your advice cost a client more than $29,000 in lost Social Security benefits or owning up to the mistake?
<i>Breakfast with Benjamin</i>: Where to look when it's time to go beyond the traditional hunting grounds for dividend income.
Be cognizant of the tax treatment of investments and where they should be held.
Rule No. 1: Stop being an asset manager and become a plan manager.
Nearly a quarter of retirees 85 and older are dying with assets of less than $10,000
Shifts in workplace retirement benefits, other factors, encourage more people to wait to claim benefits.
<i>Breakfast with Benjamin:</i> Over the last 12 months, investors pumped more money into ETFs than mutual funds for the first time ever.
Advisers ramp up efforts to create tax-conscious retirement income withdrawal strategies with an aim to extend the life of clients' nest eggs.
Your clients will appreciate it if you help them avoid the 43.4% tax bracket
Advisers and accountants are taking a look back at 2014's results and thinking about what they can do better for 2015.
But this creative claiming strategy stumps some Social Security Administration employees.
<i>Breakfast with Benjamin</i>: The Nasdaq is back to 2000 levels, but everything else is different.
First couple's tax return shows no stock market investments, missed opportunity on home refinance in Chicago.
A minor change in the Social Security Program Operations Manual System late last year resulted in a big change in the rights of people who receive Social Security disability benefits.
<i>Breakfast with Benjamin</i>: State Street gets poor marks from financial advisers, despite dedicated efforts to mend fences and build new relationships.
Securities industry faces incalculable risks that require rigorous internal controls to manage relationships with aging investors
<i>Breakfast with Benjamin:</i> Japan takes over as America's biggest creditor but China is right behind. Plus: More banks abandon student loan biz, Colorado's weed tax bummer, and where banking is still beyond at least 2 billion people.
Advisers planning for the long-term-care needs of clients should seriously consider the potential tax savings that come with these communities.
