CFP Board Career Center Career Fair

Don't miss out! There's still time to sign up for the CFP Board Career Center Career Fair. Join us on Wednesday, April 19, from 1-5 PM (ET) for an exclusive opportunity to connect with recruiters from top employers in the financial services industry—all without leaving your home or office! Don't miss your chance to engage [...]

By | 2017-04-13T14:11:42+00:00 April 13th, 2017|CFP in the News|0 Comments

Student Question of the Week: Market Risk Premium

Student Question from Alison Course: Investment Planning Question: Can you help explain this question better? If the market risk premium were to increase, doesn't that mean the amount of compensation and investor desires would increase, so the value of stock would need to increase further? Board Released Question If the market risk premium were to increase, the [...]

By | 2017-02-20T15:58:25+00:00 February 20th, 2017|Student Question|Comments Off on Student Question of the Week: Market Risk Premium

CFP® Practice Question: Disadvantages of S Corporations

Which of the following statements concerning potential disadvantages of S corporations is (are) correct? (1)   If the business continues to produce losses after the start-up period, the shareholders’ basis in their stock might become exhausted, and, then, additional losses would not be tax-deductible. (2)   The receipt of significant amounts of passive income by an S [...]

By | 2016-11-18T10:59:55+00:00 October 24th, 2016|CFP® Practice Question|Comments Off on CFP® Practice Question: Disadvantages of S Corporations

Student Question of the Week: Taxation of Life Insurance Proceeds

Student Question from Krishna Course: Insurance Planning Question: I think I'm missing something w/this concept. I don't understand how life insurance proceeds would be taxable to the owner's estate when the beneficiary is someone else? Example: If I am the policy owner, and I purchase life insurance on myself and name my sister as the [...]

By | 2016-09-07T13:44:47+00:00 September 7th, 2016|Student Question|Comments Off on Student Question of the Week: Taxation of Life Insurance Proceeds

CFP Board Online Career Fair

The CFP Board is hosting an online career fair on September 13th, from 1-4pm (EDT). This provides a great opportunity to connect with organizations like Northwestern Mutual, Fidelity, Vanguard, and many more. Participants will be connected directly with representatives from organizations for 1-on-1 text based chats. To learn more about the career fair and register [...]

By | 2016-11-18T10:59:55+00:00 September 1st, 2016|CFP in the News|Comments Off on CFP Board Online Career Fair

CFP® Practice Question: Includible in Gross Income?

Which of the following is includible in gross income for federal income tax purposes? A. Gift from a grandfather to pay tuition B. A year-end bonus received by an employee, based on business profits C. Excess living expenses received under an insurance contract after a home was damaged by fire D. Interest paid on most [...]

By | 2016-11-18T10:59:55+00:00 April 8th, 2016|CFP® Practice Question|Comments Off on CFP® Practice Question: Includible in Gross Income?

CFP® Practice Question: Taxation at Parents’ Marginal Rate

Jennifer and Ben have been extremely successful in transferring some of their money to their children over the past several years. The following events took place in the current year: Jan, age 13, earned $1,300 in interest. Bill, age 20 and NOT a student, earned $2,500 in dividends, interest, and capital gains and $1,800 working [...]

By | 2016-11-18T10:59:55+00:00 March 31st, 2016|CFP® Practice Question|Comments Off on CFP® Practice Question: Taxation at Parents’ Marginal Rate

CFP® Practice Question: Inherited Property

Three years prior to Matthew’s death, he inherited property that was taxed in his father’s estate. What percent credit would Matthew receive on this inherited property in his own estate? A. 100% B.  80% C.  60% D.  40% E.    0% Click to Reveal Answer Correct Answer is B. Full credit is allowed if the [...]

By | 2016-11-18T10:59:55+00:00 March 22nd, 2016|CFP® Practice Question|Comments Off on CFP® Practice Question: Inherited Property

CFP® Practice Question: Reasons for writing a covered call

Which of the following are logical reasons for writing a covered call? (1)   To profit when stock prices increase (2)   To utilize leverage (3)   To provide additional income in a flat market (4)   To provide additional gain while disposing of a long stock position A. (1) only B. (1) and (3) only C. (1), (2), [...]

By | 2016-11-18T10:59:55+00:00 March 18th, 2016|CFP® Practice Question|Comments Off on CFP® Practice Question: Reasons for writing a covered call

Student Question of the Week: Skip versus Non-Skip Person

Student Question from David M Course: Estate Planning Question: Hi Dan. Why is Hillary a non skip person in question 1 when she is the granddaughter of Sam and Sarah Parker? Instructor Response: Hi David! Good example of where to be careful on CFP Board exams.  While the diagram shows Sam and Sarah at the [...]

By | 2016-11-18T10:59:55+00:00 March 3rd, 2016|Student Question|Comments Off on Student Question of the Week: Skip versus Non-Skip Person

SUBSCRIBE

Get CFP Board exam tips to help you pass the CFP Board exam and help you serve your clients better. Discover practice management ideas you can implement yourself. Subscribe today!

You have Successfully Subscribed!