Sample #1: Answer: B) Canceled debts as gifts, since they aren’t taxable income. Explanation: When a debt is canceled as a gift, it is excluded from taxable income because gifts are not subject to ...

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The CFP exam is for the financial industry what the bar is for the legal industry. Being a certified financial planner (CFP) is largely considered the gold standard in financial planning. Of the ...

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There’s always a bit of anxiety in the air when financial advisors study for the rigorous Certified Financial Planner exam, but the version of the test that’s coming next week may be accompanied by ...

Taking the CFP exam can be an important step in advancing your career and it's important to prepare for it thoroughly. Utilizing CFP exam prep materials and resources can help you better understand ...

Right out of the gate, I recommend diving into the exam blueprint. That means creating a schedule that covers all sections: risk management, insurance planning, tax planning, investment planning, and ...

According to the CFP Board, approximately 80% of successful CFP® candidates studied for over 11 hours every week. And with the average recommended study hours ranging between 200 and 250 hours, that ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. This article has ...