Financial Planning

The Big Four firm has released a new report on climate-associated financial risks for them to consider.

The agency will consider whether to require affluent taxpayers to pay tax on transfers to trusts made under higher exemptions that expire come 2026.

An in-depth look at the provisions being considered for the new legislation.

The groups are marking Climate Week in New York City by urging accountants to get more involved in climate information reporting.

Private equity firms are increasing their funding of accounting firms in a pair of deals announced this week, with Lightyear Capital partnering with Schellman & Co., and CVC Capital Partners investing in CFGI.

The new service line will help clients develop sustainability programs and achieve industry certifications.

The report details the Big Four firm's effect on staff members, clients and the world at large through WEF-IBC Stakeholder Capitalism and ESG metrics.

But proposals from the Biden administration might slow the flow of wealth into mega-IRAs.

Two of the most generous tax loopholes are on the chopping block, the latest surprise in emerging tax increases.

The amendments aim to improve the comparability of financial information from companies with investments in equity securities.