Wealth management

Americans in their sixties are taking more money out of their IRAs than those who are older, according to a new report.

CPA-based wealth management firm Hewins Financial Advisors has teamed up with accounting firm Wipfli LLP to introduce Cue Wealth Management Solutions, a strategic partnering system for CPA and registered investment advisor firms.

Members of Congress have introduced several bills this week to keep student loan interest rates from doubling in July.

Intacct has unveiled Flex Reporting, a new tool designed to allow strategic CFOs to manage performance, look at financial metrics -- particularly accounting measures-- and performance related information unique to an organization.

KPMG has launched KPMG Link Cost Projector – Online, a Web-based version of its global mobility budgeting software, designed to serve international HR and finance departments.

The Internal Revenue Service has published 2010 statistics on foreign trusts indicating an an increasing interest in foreign investment by U.S. taxpayers, and the impact of changes made in 1996 to information reporting requirements.

The two genders may be very different (and vive la difference, as the French would say), but not when it comes to their retirement expectations and preparations, according to a new survey.

Check out the digital edition of the May 2013 issue of Accounting Today.

In 1972, President Richard Nixon cruised to re-election. “The Waltons” premiered on CBS. And Sumner Redstone, who wasn’t yet a global media mogul, made a taxable gift to his children and failed to file a return.

Balances in small business retirement plans have increased an average of 20 percent between 2007 and 2012 in the aftermath of the recession.

You receive a call from a very excited client: your lawyer client settled a large case. Or your client won a large judgment. Or your client won the lottery. Now your client is about to receive a very large check: $1,000,000. $5,000,000. More? That’s the good news.

The Securities and Exchange Commission has granted 45 more days to comment on the Nasdaq proposed internal audit function rule.

Accounting Today is in the midst of collecting submissions for its 2013 ranking of the Top Firms by AUM.

Developments in financial planning from the previous month

Gauging how much risk a client is willing to take is not an easy task. instead, it is a moving target that some professionals compare to diagnosing an illness of a baby or a pet that cannot tell you how they are feeling.

The increase in payroll taxes this year has led to financial stress for many Americans, while taking a toll on their waistlines, sleep patterns and friendships, according to a new survey.

International Federation of Accountants CEO Fayezul Choudhury talks about how accountants, accounting standard-setters and auditors can help stabilize the world financial system in the wake of the financial crisis, in an interview with AccountingToday.com editor-in-chief Michael Cohn.

Barack and Michelle Obama may need some better financial planning advice.

The majority of Americans prefer long-term financial planning over get-rich-quick schemes, according to a new survey.

Rep. Keith Ellison, D-Minn., introduced a bill Wednesday that would establish a tax on the trading of stocks and other financial products.