The Next Congress
This year’s congressional elections hold considerable potential to reshuffle power on Capitol Hill.
SEC Enforcement Roundup: Real Estate Ponzi Scheme; Hawaiian Boiler Room
Continuing investigations and charges against a China-based company and its executive and a Hawaii resident and the firms he used were among the enforcement activities reported by the SEC during the week.
10 Worst Tax States for Small Business
“All taxes matter, whether imposed at the federal, state or local level of government,” says SBE Chief Economist Raymond Keating in his introduction to the 2012 small business tax report.
Top 10 Most Expensive States for Long-Term Care Costs: 2012
Those anticipating a need for LTC might want to steer clear of these states if they want to keep costs down.
Fiduciary Standard Does Not Increase Costs, Study Says
A study released in early March by two academics goes a long way in settling one of the stickier questions surrounding the fiduciary debate.
2012 Large-Cap SMA Manager of the Year Co-Winner: BRC Investment Management
BRC Investment Management's Large-Cap Concentrated Equity Portfolio is one of two large-cap SMA portfolios honored as a 2012 Separately Managed Account Manager of the Year.
Wave of New Bank Failures Predicted
An analysis of the nation’s FDIC-insured banks has identified 758 banks at risk of failure over the next two years, while administrative innovation at the FDIC should result in the orderly failure of larger banks previously thought too big to fail.
IRS Shows Mercy and Allows Stretch IRA
The IRS recently took the unusual step of permitting a taxpayer to undo a lump-sum IRA distribution and avoid taxes and penalties.
Surprise: Congress May Make Spending Compromise
While nothing is certain yet, a proposal is expected to be ready later in the day for a measure that will allow the government to keep running past Friday even as larger battles are fought over the expiration of a payroll tax cut and the question of whether to extend...
Obama, Hu Square Off Over Yuan, Trade
After a summit meeting with Asia-Pacific leaders in Hawaii on Sunday, Obama said that China must do more, and more quickly, to allow the yuan to rise in value, because other countries feel “enough’s enough.”