Financial Planning

Mike Tyson is preparing for another fight—this time, with his former financial planner.

For years, you’ve been hearing that you should include financial services among your tax or accounting practice’s service offerings.

CPAs have long been sought after as Centers of Influence, or COIs, by members of the financial services profession for many years.

Last year, about $450 million belonging to top executives at billionaire hedge fund manager John Paulson’s New York firm took a quick round trip to Bermuda.

Accounting and consulting firm Crowe Horwath LLP has introduced Crowe K-1 Navigator, a tool that helps streamline Schedule K-1 tax-reporting processes for flow-through businesses such as partnerships and S corporations.

In my consulting activity the last few months of 2012, I saw the emerging symptoms of a new disorder in many family business owners: Post-Traumatic Gift Disorder, or PTGD.

The Internal Revenue Service said Tuesday that taxpayers need to report Roth individual retirement account conversions from 2010 on their returns this tax season.

The Financial Accounting Standards Board has issued a revised set of proposals for the financial instruments accounting standards it has been working to converge with International Financial Reporting Standards.

Accounting and advisory firm Marcum LLP has introduced an interactive online map that tracks the status of same-sex marriage in each of the 50 U.S. states and how such unions are treated for tax purposes.

Check out the digital edition of the February 2013 issue of Accounting Today.