Litigation Pending for Broker/Dealers Who Offer Fee-Based Accounts
There has been a lot of controversy lately surrounding how and who may provide investment advice. The Securities and Exchange Commission (SEC) promulgated a rule that exempted fee-based brokers from registering as “registered investment advisors” (i.e., the Merrill Lynch rule). The Financial Planning Association has subsequently filed a lawsuit against the SEC challenging the rule. [...]
Top Ten Tax Attorney Characteristics
Finding a good tax attorney who is competent to handle IRS tax matters can be challenging. There are a number attorneys who claim to provide tax services, yet they have no tax experience or education. The following is a top ten list of desirable tax attorney characteristics that will help taxpayers narrow down their list [...]