Tax strategies

2017 was a banner year for RIAs, but marketing, hiring and operations are seen as key to future growth, according to a Schwab study.

Owning a home offers some benefits, such as the option for a reverse mortgage and certain tax breaks, but are they enough to offset the burdens involved?

Passive income held offshore may benefit from an arcane provision signed into law by President John F. Kennedy.

Clients must still account for gains not incurred through a sale or cash distribution.

Clients may be compelled to sell their shares as nearly 90% of the products have experienced losses this year.

Much of the latest guidance about setting up trusts is overly simplistic and can do a disservice to clients.

Although the rules have become more lenient, high-income clients must not be complacent.

Debt among 65-year-olds has increased by 48% between 2003 and 2015, according to research by the Federal Reserve Bank of New York.

At least $20 trillion of new financial wealth will be created over the next five years.

Salary-reduction arrangements can exclude up to $520 each month from a client’s taxable income to cover these expenses.