Financial planning

Nearly one-third of U.S. adults believe there is a greater than 50 percent chance they will outlive their savings, according to a new survey.

Check out the digital edition of the August 2015 issue of Accounting Today.

If the beneficiary of a deceased owner of an individual retirement account fails to comply with the post-death required minimum distribution rules and the other post-death IRA distribution rules, then the beneficiary can be subject to penalties from the Internal Revenue Service.

Accounting Today editor-in-chief Dan Hood previews the August issue in this summer camp video.

The U.S. Supreme Court’s recent ruling presents a variety of opportunities for you to assist gay clients and change previous tax filing processes.

Lyle Benson of L.K. Benson & Co., who chairs the AICPA's PFP Section, discusses the tools that CPA financial planners can use to help clients map out their financial futures, in an interview with Accounting Today editor-in-chief Dan Hood.

In June, the Supreme Court held in Obergefell v. Hodges that “same-sex couples may exercise the fundamental right to marry in all States. It follows . . . that there is no lawful basis for a State to refuse to recognize a lawful same-sex marriage performed in another State on the ground of its same-sex character.”

Lyle Benson of L.K. Benson & Co., chair of the AICPA's PFP Section, discusses some of the key issues that aging clients are facing, such as retirement planning and dealing with dementia, cognitive impairment and divorce, in an interview with Accounting Today editor-in-chief Dan Hood.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Taking a financial planning practice to the next level

Lyle Benson of L.K. Benson & Co., who chairs the AICPA's PFP section, discusses the main personal financial planning issues identified by the AICPA's PFP section of concern to CPAs, in an interview with Accounting Today editor-in-chief Dan Hood.

The experts at HD Vest lay out the financial details that every couple should take care of before the big day.

“In every country I’ve been in, real estate is the best tax shelter,” said Tom Wheelwright, CPA, an advisor and speaker at Robert Kiyosaki’s Rich Dad Poor Dad seminars, and a contributor to Donald Trump’s Wealth Builders Program.

The Securities and Exchange Commission announced a settlement Monday with a Brooklyn man who entered into a cooperation agreement to help the agency mount evidence in an insider trading scheme in which illegal tips were passed via napkins or Post-It notes at Grand Central Terminal that the tipster would then consume to destroy the evidence.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

The Internal Revenue Service and the Treasury Department plan to amend the required minimum distribution regulations under Section 401(a)(9) of the tax code to address the use of lump sum payments to replace annuity payments being paid by a qualified defined benefit pension plan.

Wealthy people have lots of ways to avoid the estate tax. But a federal judge says one family got a little too creative in dodging its tax bill.

As your clients’ most trusted adviser, how can you protect them from the financial threat and high costs of long-term care?

Accountants are often selected as trustees of trusts for their clients. But before agreeing to act as trustee, the accountant should understand the time constraints and obligations of a trustee, along with other potential pitfalls, including trust scams.

Accountants get unusual views of human frailty and baseness of character. Most of our interactions are stimulating and propel us to growth, but some expose others’ weaknesses and extremely poor personal judgment.