For Elderly Fraud Victims, Biggest Toll Is Emotional
AICPA has some advice to help protect older clients who “just can’t say no to relatives.”
Why NASAA Is Leading the Charge Against Elder Fraud
At least one-third of the enforcement actions initiated by state securities regulators involve senior investors, and NASAA is tackling the issue head on.
AICPA Updates Guide for Growing Ranks of CPA Planners
The guidance becomes effective July 1 and covers all aspects of the planning process, AICPA says.
Advisors, Gear Up for a ‘Difficult Filing Season’
Tax experts warned advisors to be aware of the 57 federal tax provisions that expired at year end, which include the deduction for state and local sales tax, the above-the-line deduction for tuition and tax-free distributions from IRAs for charitable purposes.
Brush Up on Expiring Tax Provisions, Experts Warn
The “on-again, off-again nature of expiring provisions creates a lot of uncertainty,” the AICPA chairman says.
Audit Faults EBSA for Inadequate Oversight
The Office of Inspector General concluded the agency is not providing enough oversight of ERISA retirement plans that invest in alternative investments.
AICPA Attacks DOL Fiduciary Plan’s ESOP Language
AICPA urges lawmakers to support bills that would ensure independent appraisers of ESOP are not designated as fiduciaries.
New Hire Roundup: U.S. Bank Wealth Management Welcomes Mook
This week in new hires, David Mook joined U.S. Bank Wealth Management, and Sterne Agee welcomed Robert Mohs to its Chicago office.
CPAs Take Dim View of Nation’s Fiscal Health
CPAs are normally a staid bunch, but members of the largest accounting group are over the edge about the nation’s fiscal cliff.
Obama ‘Care’ Or Obama ‘Tax?’
Taxes contained in new legislation will dip into everyone's pockets.