Retirement

The U.S. House of Representatives approved legislation that relaxes the rules for retirement savers and corrects an unintended side-effect of the 2017 tax law that hit children of military members who died in combat with higher-than-expected tax bills.

As the U.S. retirement savings crisis continues to grow, legislators are taking steps to ensure all employees have access to formal retirement savings programs.

The bipartisan legislation aims to expand retirement savings by offering more tax incentives to individuals and small businesses.

The Internal Revenue Service has issued final regulations upping user fees on enrolled agents and enrolled retirement plan agents.

The Internal Revenue Service has decided to once again expand a program that allows retirement plans to receive determination letters after announcing four years ago it was curtailing the program.

Three bills that would make major change have already emerged from the Ways & Means Committee.

When partners retire, maintaining client relationships and providing clear expectations are important building blocks for a firm’s sustained success.

The House Ways and Means Committee voted to approve legislation that would relax the rules for those saving for retirement.

The Internal Revenue Service isn’t doing enough to flag over $74 million in potentially erroneous claims for the Excess Social Security Tax Credit, according to a new report.

Tax pros share how they discuss preparing for the Golden Years with customers.

Renaissance Technologies, the giant hedge fund founded by billionaire Jim Simons, looks like it has created the premier individual retirement account.

Many business owners and entrepreneurs are looking to realize value from the companies they've created, but don't know how, says Anthony Glomski, who sees a major role for accountants in guiding these clients through a liquidity event.

CPA financial planners share their favorite moves for kicking off the year right.

People want to know if there is anything that can be done for pre-retirement medical expenses. The answer is yes.

It’s not too late to cut down clients' tax liability before the end of the year.

More than 67 million people will receive larger benefits next year, thanks to the inflation rate.

House Republicans unveiled a broad outline on Tuesday for their next phase of tax code changes, which steered clear of correcting technical mistakes from last year’s overhaul.

Republicans are promising Tax Reform 2.0, but only a few measures may get approved.

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