Financial Planning

IMGCAP(1)]I propose a six-point plan to improve the U.S. economy:

ADP has released an updated and expanded version of RUN Powered by ADP Payroll for Accountants, an Internet-based offering designed to help accountants manage their clients’ payroll all in one place, which includes human resources and retirement services features.

The Internal Revenue Service has issued a notice exempting enrolled retirement plan agents from obtaining a Preparer Tax Identification Number if they only prepare Form 5300 and 5500 series returns.

IMGCAP(1)]Accounting firms typically have multiple partners, some of whom may want to retire or move on in the near future, and others who want to stay longer.

A Georgetown University professor has proposed a different idea in the ongoing debate over how investment advisors should be effectively regulated: outsource the heavy lifting to accounting firms.

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.