Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Fidelity College Cost Study Shows Advisors Help Parents Save
By Joyce HansonAs many parents dip into retirement savings to pay for their children's college educations, the parents who work with a financial advisor are saving more for college costs, Fidelity Investments reported in a study released Tuesday, August 24.
August 13, 2010
Fidelity Gift Fund Reports Surge in Grant ContributionsFidelity Charitable Gift Fund's (Gift Fund) donors made more than 152,000 grants totaling $531 million to nonprofits nationwide during the first half of 2010.
August 12, 2010
Morningstar Fund Flows for July Show Investors Shunning U.S. StocksInvestors continue to shun U.S. stocks and are increasingly putting their money into funds that feature bonds, commodities, and alternative investments, according to the latest research from Morningstar.
August 09, 2010
Freddie Mac Reports Q2 Loss of $6 Billion to Common StockholdersFreddie Mac reported a net loss attributable to common stockholders of $6.0 billion, or $1.85 per diluted common share, for the second quarter of 2010, compared to a net loss attributable to common stockholders of $8.0 billion.
August 09, 2010
Geithner: Social Security Payments Exceed Revenue for 1st TimeThe Boards of Trustees for Social Security and Medicare released their annual financial status reports on the two programs
August 06, 2010
AIG Reports $2.7B Loss in Second QuarterAmerican International Group (AIG) reported a second quarter net loss of $2.7 billion, compared to 2009 second quarter net income of $1.8 billion.
August 06, 2010
AIG Posts $2.7 Billion Loss on Restructuring ChargesAmerican International Group reported a net loss of $2.7 billion for the second quarter of 2010, or $-3.96 per share, compared to net income of $1.8 billion, or $2.30 per share in the second quarter of 2009.
August 06, 2010
Merrill Lynch Webcast Panelists: Expect Rise in U.S. TaxesWealthier taxpayers, not corporations, likely to bear the burden, say members of a panel hosted by BofA's Merrill Lynch.