Financial Planning

If it seems impossible to amass a fortune in an IRA during your lifetime, think again.

About 9,000 U.S. taxpayers have each accumulated at least $5 million in individual retirement accounts, said the Government Accountability Office, raising questions about some investors’ tax-advantaged returns.

The Digital Currency Council, a new professional association that aims to foster best-in-class practices for accountants, lawyers and financial professionals in the digital currency economy through training, certification and support has been established.

U.S. Wealth Management president and CEO John Napolitano discusses why accountants should build a family office services practice to help high net worth clients with their financial planning and wealth management, in an interview with Accounting Today managing editor Tamika Cody.

Slashing a CEO’s compensation after a company produces disappointing financial results may help improve earnings for a time, but it can also encourage earnings manipulation, according to a new study.

Approximately 7.2 percent of U.S. employees have their wages garnished, according to a new study released Monday by the payroll giant ADP, with the percentage rising to 10 percent for those who earn between $25,000 and $39,999 per year.

If you sold, advised on or had anything to do with a listed transaction, you could be fined by the Internal Revenue Service under recently issued regulations.

The research and advisory firm Celent has released a new report cautioning wealth management professionals to be careful about using personal information, recent location and analytical data in their communications with clients that could strike them as “creepy.”

Many clients need to protect their estate for -- and from -- their descendants

Serving wealthy clients' families can be a profitable niche