Despite being a state with relatively lower taxes, there are several notable exceptions to Utah’s “less is more” method of taxation. These exceptions mainly come in the form of consumption taxes, most of which are luxury taxes. Although Utah has a state income tax, a property tax, and a general sales tax, there is a Read More
PART 2 The world is smaller than it has ever been, before. Because of this, travel has also been democratized to the point where so many people can take to the world with a spirit of adventure. However, there are challenges that should be considered ahead of time, especially when it comes to money. This Read More
PART 1 The world today seems smaller than it ever has before, due to the increases in technology in transportation, as well as our constant coverage of social media, which makes the planet seem like it is merely in our backyard. However small it seems, though, one cannot truly begin to understand the planet until Read More
Investment management remains a central aspect of wealth management, and new government regulation is changing the way that financial advisers assist their clients with their investment management. The Department of Labor, which regulates tax-advantaged savings accounts, made the decision earlier this year to broaden the scope of an already-existing fiduciary standard concerning how investment advisers Read More
There are many misconceptions about wealth management, and many people are not aware of just how many aspects of wealth management there are beyond ordinary investment management. From risk management and retirement planning to estate planning and family allowances, here is a look at the many aspects of wealth management.
It seems that there is no bigger boogeyman in the United States government than the perennial, symbolic taxman that is the IRS. Although the fears of the IRS are largely overblown, and the agency is slowed down by the momentous bureaucracy that permeates it, there are financial measures that the IRS is allowed to take Read More