All posts in Financial News
Chinese Cyber-Attacks a Growing Concern
A recent report by an internet security firm, Mandiant, raises the alarm about the growing threat of cyber-warfare from China. The concerns raised by China’s activities are both military and economic. In a military conflict with China, flaws in the […]
China Concerned about Wealth Disparity
The growing inequality in China is seen by analysts as a threat to its political stability. People in the lower economic classes are unhappy and voicing their frustration with street protests and angry blogging. In response China has pledged to […]
New Basis-Reporting Laws Make Life Easier for the IRS
When people sell shares of a stock, they must figure out their cost basis in the shares they sell so that they can calculate the gain or loss on the sale. Determining the basis of the shares sold can be […]
Estate Planning Must Account for Family Dynamics
An often-overlooked aspect of estate planning is how family relationships and goals affect a family business and related succession planning. The owners of a family business may reach the point at which they consider retirement or a reduced role in […]
Investors Race to Avoid Climbing Tax Rates
The close of 2012 saw a flurry of tax-motivated activity, as investors sought to minimize their tax burden. After President Obama won re-election in November 2012, the expiration of the Bush tax cuts became a possibility. If they had expired, […]
U.S. Wages Stuck in a Rut
The U.S. economy’s recovery from the recession that began in December 2007 has been slow and painful. As of February 2013, there were 3.2 million fewer jobs in the U.S. than there were when the recession began in December 2007. […]