Wealth management

The International Accounting Standards Board has introduced a new hedge accounting model as a major step forward in the financial instruments project on which it has been collaborating with the Financial Accounting Standards Board.

The higher tax rates passed by Congress this year have some top U.S. earners seeking last-minute strategies to lower their tax bite as year-end calculations turn up unpleasant surprises.

Accounting firms could find value in managing their clients online funding campaigns, according to Xcentric's vice president of marketing Roy Keely.

CEOs who are approaching retirement tend to inflate their earnings forecasts, according to a new study.

Municipal bonds typically represent an investor’s safest asset or the most conservative component of the overall investment portfolio.

KPMG International has set up KPMG Capital, an investment fund that aims to accelerate innovation in data and analytics to help clients of KPMG’s member firms unlock the value of their data.

Genworth Wealth Management is history. The large turnkey asset manager, with $20 billion in assets under management, on Wednesday announced a long-anticipated name change.

John Napolitano, chairman and CEO of U.S. Wealth Management, discusses finding a new broker-dealer to work with your firm and its clients, in an interview with managing editor Tamika Cody at Accounting Today's Growth & Profitability Summit in Orlando.

The Public Company Accounting Oversight Board has established a Center for Economic Analysis to study the role and relevance of the audit in capital formation and investor protection.

The American Institute of CPAs has written to the leaders of the Senate Homeland Security and Government Affairs Committee encouraging them to support the Digital Accountability and Transparency Act of 2013, also known as the DATA Act (S. 994), which includes a provision calling for establishment of government-wide financial data standards for federal funds.

Thomson Reuters has released a new special report on year-end tax planning for 2013 for individuals and businesses.

Estate planning for foreigners living in the U.S.

Picking the right new broker-dealer requires careful thought

The Treasury Department and the Internal Revenue Service have loosened the “use it or lose it” rule for flexible spending arrangements for health care, allowing participants in health benefit plan to carry over up to $500 from their FSA from year to year.

The Internal Revenue Service released the annual cost-of-living adjustments Thursday affecting dollar limitations for pension plans and other retirement-related items for tax year 2014, allowing taxpayers to contribute up to $17,500 to their 401(k) plans in 2014.

A pair of lawmakers have introduced legislation to simplify the Tax Code to enable families to more easily afford the cost of higher education.

PricewaterhouseCoopers US has released the latest edition of “Managing Your Wealth: Guide to Tax and Wealth Management,” the firm’s annual guide aimed at helping high-net-worth individuals, families and business owners better understand and play an active role in growing and preserving their wealth.

A measure that would put the brakes on the Department of Labor's proposal to establish a fiduciary standard for advisors to retirement plans was approved by the U.S. House of Representatives in a largely party-line vote on Tuesday.

Clients often walk in the door with a relatively predetermined idea about how they’d like to leave assets to their children. But for advisors, it is important to help clients take into account the issues they might not have considered on their own, or may not have considered important when developing their plan.

Congress should consolidate and simplify the types of tax-favored retirement plans now available to small business owners to minimize the cost and administrative burden imposed by the plans, the American Institute of CPAs told Congress.