The Internal Revenue Services Large Business & International division has opened a gateway that financial institutions and the tax authorities abroad can use to send information on financial accounts held by U.S. taxpayers in accordance with the Foreign Account Tax Compliance Act.
The Internal Revenue Service is auditing the taxes of fewer businesses as a result of budget cuts in recent years.
The Internal Revenue Service reportedly sent a tax lien for $6,410,449.20 to Academy Award-winning actor Robert De Niro for his 2013 taxes, but it has now been paid after the notice went to the wrong address.
James Gorman and other executives got performance-based stock awards that have more than doubled in value since they were granted three years ago.
To court young talent, banks are reimagining their ads for positions like call center agents and video tellers as YouTube clips. They are also finding ways to make applications easier to fill out on mobile devices.
Two groups representing five advisors left Morgan Stanley to join RBC.
The best first step in preparing for health care expenses is to separate recurring costs from the less predictable ones; Plus. a proposal in Washington calls for required minimum distributions for Roth IRAs.
Revenue from investment services at the typical bank and credit union increased just 6% in 2014, falling far short of bank management expectations.
Bankers at the National Municipal Bond Summit said they believe new bond issuance will increase, especially in the high-yield senior living and charter school sectors.
During a session titled "Secrets of a Top Producer," Michelle Brennan Hall offered three questions that advisors can use to refine their firms' direction.
The Institute for the Fiduciary Standard is asking for input from the industry in its effort to help consumers distinguish between fiduciary advisors and "product sellers."
After 18 years with LPL, veteran advisor Edward Metz leaves for more personalized service at the smaller BD.
Frank Epinger will oversee the firm's downtown Los Angeles, Century City, Newport Beach and Santa Barbara offices.
Investing with borrowed money is just one way clients could harm their retirement portfolios; Plus, expats are advised to invest in a low-cost, taxable account.
The strong launch of an ETF with Jeffrey Gundlach's name behind it demonstrates there is room for more growth in actively managed ETFs, industry observers say.
Firms and their advisors are paying increasing attention to the rising threat of cybercrime.
This year's examination guidance memos from the SEC and FINRA highlight the compliance issues that will be getting the most scrutiny. Have you been paying attention?
Did you read the most recent SEC funding memo to Congress? Bob Veres did -- and if he had the ear of Mary Jo White, here's what he'd say to her.
Whenever a comparison has come up in past conversations, big banks usually get the nod due to better technology, name recognition or higher pay grids. But small banks have a lot of fans too.
Advisors who work for larger institutions tend to cover fewer branches, which allows them to focus on service and increase production.