Financial Planning

A new study indicates that despite calls for greater auditor independence, investors prefer companies to be audited by the same firm that also provides it with tax services.

The Securities and Exchange Commission has voted unanimously to adopt rules requiring broker-dealers, mutual funds, investment advisers, and certain other entities regulated by the agency to adopt programs to detect red flags and prevent identity theft.

KPMG has formed a strategic alliance with cloud-based spend optimization product maker Coupa Software to helping clients transform their approach to procurement to improve savings.

Action is needed soon to keep multiemployer pension plans from sliding into insolvency, according to a new government report.

President Barack Obama’s budget proposal would cap multimillion-dollar tax-favored retirement accounts like the one held by Mitt Romney, his Republican rival in 2012.

A large cache of secret documents reveals that tens of thousands of people, including government officials from around the world, are using offshore companies and trusts to avoid taxes.

The current rollover process for 401(k) plans favors distributions to individual retirement accounts rather than the 401(k) plan that a new employer might offer, and a new government report suggests the Internal Revenue Service and the Labor Department could be doing more to make the process easier.

More than a third of U.S. adults expect to spend their tax refunds this year on meeting everyday expenses, according to a new survey by the American Institute of CPAs, as the expiration of the payroll tax cut takes a bite out of workers’ take-home pay.

How one wealth manager is industrializing his approach to partnering with CPAs

There are several ways to serve your clients in the financial planning world. No model is wrong or right -- but there are some that may work better than others depending upon the makeup of your firm.