by Gary Raphael
Advisors can be crucial in helping clients protect against the fires, floods, thefts and other sundry hazards that threaten their prized collectibles.
The top 0.1 percent of U.S. taxpayers would save an average of $1...
by
Ray Fazzi
Federal agents are going back to participants in a 2009 offshore account amnesty program to milk them for more information on the bankers and advisors who
helped them hide their money.
Switzerland's bid to meet global standards for helping foreign
governments identify suspected tax evaders will be assessed in the
second half of next year, according to a new report.
The year 2013 may snap a 12-year winning streak for wealthy Americans on
taxes due on income, capital gains, dividends and giving money to their
heirs.
by Barbara T. Kaplan
The IRS is giving the holders of secret offshore accounts another chance to fess up, but with higher penalties than 2009's amnesty program.
Congress will return from its spring recess next week to debate just how
large a tax burden Americans can and should shoulder.
The IRS is focusing on the
wealthiest Americans with money overseas as it develops regulations that
will require foreign banks to give the government more information
about those customers.
by Caren Chesler
Despite the recent federal tax compromise, many rich Americans still feel they're being asked to surrender too much of their wealth to Uncle Sam.
by David M. Ross
With possible work stoppages looming in the NFL and NBA, athlete clients may soon see their income cut off.
How much does it take to feel wealthy these days? For
many millionaires, it's about $7.5 million, according to a survey by
Fidelity Investments.
U.S. taxpayers with hidden offshore accounts will have a
second chance to disclose them to the government without being
criminally prosecuted, the Internal Revenue Service said.
by Caren Chesler
Some of the nation's wealthy are taking their unhappiness about taxes to an extreme-by renouncing their U.S. citizenship.
by John Paolini
Clients need to update their jewelry insurance to reflect the rising price of gold and other precious metals.
Families would be able to make tax-free gifts to their children or
others of as much as $10 million, up from the current
$2 million limit, under the tax-cut bill Congress is debating this week.
by Arthur R. Rosen and Jeffrey S. Reed
If you're not careful, an extended stay in a state can lead to residency status and a huge tax bill.
by Derek Swedberg
Smart executives can look like dummies if they pay little attention to managing their stock compensation plans.
While everyone knows that the wealthy have more capital gains than
others, what's less known is how closely tied those gains are to age.
by Caren Chesler
The tough economy and social networking have given criminals greater incentive and means to target the ultra wealthy.
by Ronald Albahary
With higher taxes on the horizon, advisors need to weigh the potential impact on their clients' investment portfolios.
