In recent years, the president and congressional leaders have threatened tax hikes continuously. At the end of 2012, most speculated that dividend and capital gains taxes would skyrocket. While new health care taxes will hit business owners and retirees hard, the dividend and capital gains tax hikes were stopped by the Congress at the last minute. These tax hikes plus the new universal health care taxes could have increased the cost of selling a company by more than 50%. With that being said, the government now has a short-term influx of tax payments. It is speculated that the higher tax revenue receipts were generated from the last minute tax-avoidance sales. For example, companies such as Current TV were probably sold at the last minute in December 2012 to avoid major spikes in capital gains taxes.

What do you expect in terms of overall job growth for the occupation?

A personal financial advisor/planner usually operates on his or her own or in a small firm, generally with a client base whose assets do not exceed $1 million. “The [personal financial advisor] position represents one of the most rapidly expanding and least well-known segments in financial planning.”

The most recent Bureau of Labor Statistics reports project growth in the area of personal financial advisors by 30 percent over the 2008–2018 period. This figure is represents much faster growth percentages than the average for all occupations.

If you are looking for fresh books in the area of wealth management, financial planning and tax, here are some of the best from National Underwriter.

10 Things to Consider before Selecting a Wealth Manager or Financial Consultant – Make sure your advisor has earned an accredited business degree from a qualified institution that is CHEA recognized, has experience, clean record, and graduate credentials in wealth management.

Top Ten Tips on Making IRA Contributions

The IRS has 10 important tips for you about setting aside money for your retirement in an Individual Retirement Arrangement.

There are many types of books on wealth and success. Many are practical, some are technical, others are behavioral. Here is a short list of top personal finance books that are focused on the psychological aspects of building wealth.

When your personal information is lost or stolen, it can lead to identity theft. Identity thieves sometimes use your personal information to file a tax return to claim a tax refund. Then, when you file your own tax return, the IRS will not accept it and will notify you that a return was already filed using your name and social security number. Often, learning that your return was not accepted or receiving a contact from the IRS about a problem with your tax return is the first time you become aware that you’re a victim of identity theft.

The CWM ® Chartered Certified Wealth Manager ® professional certification awarded from the AAFM ® American Academy of Financial Management ® is the first graduate wealth management Charter & Board certification in the world – as featured in the FINRA, NASD, Investopedia, Forbes, China Daily, Financial Times, Black Enterprise, Wall Street Journal, and Money Manager[1][2] that was created and founded by the AAFM American Academy of Financial Management [3][4]. The internationally trademarked CWM ® Chartered Certified Wealth Manager AAFM ® Certification [5] and credential is only available for wealth managers with an accredited masters degree, law degree, CPA, PhD or specialized executive training from an ABA accredited law school [6] or other approved program in Asia, Europe, India, Latin America or Africa. In 2004, Robert Frank of the Wall Street Journal published an expose of the top Wealth Management educational programs and certifications including the AAFM, Wharton School of Business and New York University.

Your children may help you qualify for valuable tax benefits, such as certain credits and deductions. If you are a parent, here are eight benefits you shouldn’t miss when filing taxes this year.

Happy New Year and Welcome to 2013. On January 1, 2013, new legislation was retroactively passed the U.S. Senate, and then later in the House of Representatives. The American Taxpayer Relief Act of 2012 (ATRA) would permanently extend a number of major tax laws and temporarily extends many others. Here are the fundamentals.
Federal Tax rates. Seek help from a CPA or CWM Chartered Wealth Manager