Insurance

Accountants have a new way to gain the PFS credential, and non-CPAs can get educated too.

The private equity firm has an enticing pitch for the ultra wealthy: Invest in hedge funds and avoid paying taxes forever.

The Internal Revenue Service spelled out new information reporting requirements Thursday for some life insurance contracts required under the recently enacted Tax Cuts and Jobs Act.

If your business clients want to reward employees for their loyal service after a five-, 10- or 20-year period and keep them around for longer, a deferred compensation plan can work well.

Now that Republicans in Congress have released their final tax bill, two big questions remain. What will companies do with all that cash, and who will benefit the most?

Republican Senator Susan Collins of Maine, a key vote on legislation to overhaul the U.S. tax code, said she’s confident agreements she sought as part of her support will be kept but hasn’t made a final decision about the measure.

A new revenue procedure provides a safe harbor allowing taxpayers to deduct costs for fixing deteriorating foundations.

Senate Republicans may face a political problem in the final push for their tax-cut plan, and they might need Democrats to help fix it.

The House Ways and Means Committee approved revisions to the GOP tax legislation—changes that would trim the bill’s cost, putting it within the $1.5 trillion limit set by the congressional budget.

The recent string of devastating hurricanes and wildfires in the U.S. and its territories has prompted questions about financial reporting by companies striving to recover from natural disasters while wrestling with their insurance companies over damage claims.