Multifamily Offices Saw Asset, Revenue Growth, New Study Finds
Multifamily offices enjoyed a 9.6% increase in assets under advisement and 11.3% revenue growth in 2011, according to The Family Wealth Alliance.
Single-Family Offices Feel Effects of Dodd-Frank: Study
New regulatory rules required many family offices to register with the SEC as investment advisors.
More U.S. Citizens Jumping Ship to Avoid Taxes
While the number of Americans abandoning their citizenship is increasing, so too is the number of foreigners coming to U.S. shores to take advantage of so-called “investor visas.”
Senators Introduce Ex-Patriot Act to Tax Those Who Move Abroad
Two senators push Act, which was prompted by Facebook investor's renunciation of U.S. citizenship, possibly to dodge $67 million in taxes before IPO.
Sen. Reid: Payroll Tax Cut Deal or Bust
As the battle rages on in Washington over whether to extend the payroll tax cut next year, Senate Majority Leader Harry Reid, D-Nev., said Wednesday that 'we aren’t going home until we finish this.'
Democrats Propose to Extend, Expand Payroll Tax Cut; Republicans Scoff
Senate Democrats on Monday urged Congress to extend the tax cuts now in place for employers and employees, but Republicans countered that the tax holiday should end because it isn’t stimulating the economy.