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Bordeaux is illiquid but there is a way to invest in wine
PRACTICE MANAGEMENT JAN 21, 2015
Bordeaux is illiquid but there is a way to invest in wine

More than half a dozen firms peddling wine investments in the U.K. alone went belly up last year. Why have there been so many flops? A fund's structure — and the wine it buys for investing — are key to success.

TurboTax raises prices and the tax-prep software battle is on
FINTECH JAN 21, 2015
TurboTax raises prices and the tax-prep software battle is on

But comparing the three market leaders — TurboTax, TaxACT and H&R Block — isn't easy.

ALTERNATIVES JAN 21, 2015
Bordeaux is illiquid but there is a way to invest in wine

More than half a dozen firms peddling wine investments in the U.K. alone went belly up last year. Why have there been so many flops? A fund's structure — and the wine it buys for investing — are key to success.

RETIREMENT PLANNING JAN 21, 2015
Obama's college savings plan would cut tax breaks for 529s

Fewer than 3% of families use the plans, and those who do tend to be wealthy. The President proposes giving tax credits to familes making under $180,000 instead.

Rate hike not likely before April: Federal Reserve
RIA NEWS JAN 21, 2015
Rate hike not likely before April: Federal Reserve

Broad support for Chair Yellen's assessment of likely timing, some officials concerned inflation could remain too low.

EQUITIES JAN 21, 2015
Tax pain on the way for active funds with big capital gains

Six years into the bull market, losses booked from the financial crisis have all been used up.

RETIREMENT PLANNING JAN 20, 2015
Obama backs Social Security spousal benefits for same-sex couples

President's $4T budget proposal includes a major change to the Social Security Act that would allow same-sex couples to receive spousal benefits even if they live in states that don't recognize such unions.

Bond investors pessimistic as U.S. economic growth improves
EQUITIES JAN 20, 2015
Bond investors pessimistic as U.S. economic growth improves

Lack of wage growth stoking fears of disinflation while Fed prepares to lift interest rates

IRS budget cuts mean fewer audits, delayed refunds
RIA NEWS JAN 20, 2015
IRS budget cuts mean fewer audits, delayed refunds

Budget cuts at the agency over the past five years have led to a “devastating erosion of service” — meaning even longer waits on the phone and delayed refunds this filing season, according to the national taxpayer advocate. They also mean fewer audits, which is good and bad.

Investors still avoiding high-yield bonds despite new flood of cash from central banks
FIXED INCOME JAN 18, 2015
Investors still avoiding high-yield bonds despite new flood of cash from central banks

Hedge fund manager Dalio says deflationary circumstances is encouraging people to keep cash under their mattresses.