Financial Planning

Shadow Financial Systems has added new cost-basis accounting features to its ShadowSuite securities-clearing software to address recent tax-reporting requirements.

Emerging Information Systems Inc. has introduced a new version of its NaviPlan Select financial planning software with improved estate planning features, a redesigned presentation module, and support for real estate investment trusts.

CPA wealth management firm Glass Jacobson merged in OneSource Financial Services of Montgomery Village, Md., on Tuesday.

FASB ISSUES MULTI-EMPLOYER PENSION PLAN STANDARD

Most accountants involved in tax preparation are already involved in financial planning, even though they might not realize it.

Ptolemy presented his model of the Earth-centered universe in the Second Century AD. It was another 1,200 years before Copernicus's theory of the Earth rotating around the Sun gained traction, with some refinements added along the way. Opposition came from opposing theological viewpoints, as well as the natural reluctance to adapt new ideas. That same reluctance to adapt to changing realities persists in our "high-tech" world.

LABOR DEPARTMENT DELAYS FIDUCIARY RULE CHANGE

Few things can be as painful as choosing a broker-dealer that you later regret. the key to making a switch worth your while is your diligence process and assessing whether you are hearing the truth or being sold a bill of goods regarding the matters that are important to your assessment criteria.

PricewaterhouseCoopers has published the firm’s annual guide to tax and wealth management, “Managing Your Wealth.”

The Internal Revenue Service is facing challenges keeping ahead of financial services companies that create sophisticated financial derivatives and offer them as a way to evade tax liabilities.