As the S&P 500 flirts with record-high levels, many participants are mulling whether it’s time to take profits or push for more returns.
The Internal Revenue Service is giving taxpayers a break if the checks they mailed in to pay their taxes still haven’t been opened up yet and are sitting in the trailers the IRS set up during the pandemic.
This may be the final chance for eligible clients to submit for the additional economic impact payments under the CARES Act this year.
High unemployment, rising virus cases and the upcoming presidential election are causing clients to change their strategies, advisors say.
The U.S. Small Business Administration has posted rules about how businesses who have been turned down for forgiveness of their Paycheck Protection Program loans can appeal the decision.
“If you decide to make the portfolio more conservative, make sure you have a plan — an exact plan — on when to come back,” an expert says.
The hires might be short-lived as job-cut moratoria end in the third and fourth quarters.
The alternative asset manager said it has $77 billion in cash, securities and other available capital, including uncalled capital commitments from clients.
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More than half of these funds have fees higher than 75 basis points.
August 25
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Several significant changes are probably in store for next tax season.
August 24
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The agency is encouraging taxpayers who have received but not yet responded to a CP-14 notice to promptly do so.
August 24
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Market recovery has made the risk of missing out more pronounced this year, forcing many funds to position themselves towards historically bullish levels.
August 21
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The ongoing coronavirus pandemic has scrambled normal wealth management operations.
August 20
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From regulations to taxes, big changes could be in the offing.
August 20
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Successful entrepreneurs see themselves in advisors who show creativity, resourcefulness and guts during this tough time — and they’ll remember.
August 20
Mercer Advisors -
Seventy-seven percent of advisors report they have lost business as a result of not having the appropriate digital tools to interact with clients, according to a new report.
August 19
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By law, these payments are taxable so clients will need to report them on their 2020 federal income tax returns.
August 19
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Clients opened almost 1.2 million retail accounts, boosting flows to mutual funds and ETFs, the firm reports.
August 19
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While stimulus talks have stalled, better-than-feared economic data and corporate earnings have instilled optimism that a recovery is taking shape.
August 18
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The seven-year-old firm revealed daily average revenue trades of 4.31 million for the month, greater than any of its publicly traded rivals.
August 18
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As the S&P 500 flirts with record-high levels, many participants are mulling whether it’s time to take profits or push for more returns.
August 18
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