Lynnley is a business journalist who previously worked for Bloomberg, The New York Times, Newsweek and The Boston Globe. She spent seven years in the 1990s in Russia, where she covered energy and commodities for Reuters in Moscow. A graduate of Princeton University, she is fluent in Russian. In a recent cover story, she examined how some
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Persistent IRS logjams and errors muddle financial planning for millions on eve of new filing season The agency has cleared out much of its mammoth backlog of unprocessed returns, but scores of individuals and small business owners remain in limbo.
November 16 -
With no standard definition of what constitutes a socially responsible investment, the SEC is looking to police funds and protect investors.
November 11 -
How advisors handle tax advice for their clients can depend on how large their firm is.
November 9 -
Democrats, unable to gain traction on taxes that affect only the ultra wealthy, have turned to trusts as little as $200k.
November 2 -
The latest proposal underscores a fierce fight in Congress over ways to pay for Biden's slimmer social-spending agenda.
October 27 -
With banks and the Federal Reserve now eyeing more lasting inflation, many financial advisors are adjusting things for their clients.
October 26 -
The Treasury Department suddenly softened its plan to track consumer transactions after critics protested that it would target low-income workers.
October 19 -
Expecting everything to work seamlessly from day one can lead to a rude shock.
October 12 -
Good luck getting in to see an estate planner if you don’t already have one. Cross your fingers if you do.
October 12 -
Policies held in grantor trusts would be subject to estate tax under Democrats’ plan, the latest blow to wealth management for the affluent.
October 4 -
The big asset manager’s acquisition of O’Shaughnessy Asset Management is the latest in a string of similar deals by Wall Street.
September 30 -
A new report from PIABA says independent advisors are as bad as brokers when it comes to cheating investors and paying awards.
September 29 -
The proposed law would ban all IRAs, regardless of size or owner’s income, from holding unconventional assets like stakes in private companies, real estate and startups.
September 28 -
Form CRS was supposed to clear things up, but it’s made things worse, a fiduciary critic says.
September 22 -
Doug Elstun catered to NBA and NFL sports stars, many of whom may not have known about his confidential client settlements outside of FINRA.
September 21 -
The agency will consider whether to require affluent taxpayers to pay tax on transfers to trusts made under higher exemptions that expire come 2026.
September 21 -
The XY Planning Network of fee-only advisors and investment advisor Michael Kitces say consumers are being deceived when brokers use labels like “wealth manager” and “financial advisor.”
September 20 -
Two of the most generous tax loopholes are on the chopping block, the latest surprise in emerging tax increases.
September 15 -
While Biden isn’t getting some of his proposed tax increases on the wealthy, some surprising new hikes may be in the works.
September 13 -
The Salt Lake City broker-dealer, under scrutiny by regulators over its exorbitant fees and seizure of client money, lost a court battle seeking to force regulator FINRA to deal with it in person.
September 8
