Insurance agents and financial service professionals that provide paid tax preparation services to their clients may be required to be licensed by the Internal Revenue Service.

Currently, only tax preparers who …  Read →

A California insurance agent is accused of stealing more than $87,000 from an 82-year-old widow in an annuities scheme, forcing her to sell her home and move in with her …  Read →

The IRS has announced its new maximum contribution levels for Health Savings Accounts for next year, according to an article at IFAwebnews.com.

The maximum contribution to Health Savings Accounts in 2010 will rise, as the Internal Revenue Service seeks to reflect the increase in the cost of living.

The maximum contribution for employees …  Read →

NAIFA (National Association of Insurance and Financial Advisors) sent out another alert recently outlining tax ramifications of life settlement transactions. Following is the text from that alert, along with NAIFA’s …  Read →

State regulation of insurance works. From a consumer standpoint, Americans can contact their local insurance department, and resolve issues from the “Main Street” level.

But there are some — including the …  Read →

President Barack Obama has a daunting task ahead as he tries his hand at fixing a faltering U.S. economy. How and what he does will …  Read →