Article by Marilyn Geewax | Featured on NPR The Federal Reserve estimates that nearly a third of workers have no pensions and no retirement savings. Going from young and broke to retired and comfortable is a long, tough road. So the Obama administration on Wednesday rolled out a simple, no-risk retirement account to help people […]
By Douglas Belkin | Featured on WSJ Relatively modest rise in 2015-2016 amplified by near-zero inflation and pullback in grants Tuition increases at U.S. colleges have plateaued after decades of steep growth, but stagnant wages, near-zero inflation and a slight pullback in grants have amplified this year’s relatively modest rise. Published tuition for the 2015-16 academic year […]
Article by Dan Mangan | Featured on CNBC “For people who are on the outside of subsidies, what had been a very expensive market has become even more expensive,” says a researcher at an insurance comparison site. “Cheap” could cost you more for Obamacare next year. People who buy the cheapest health plans on the […]
Article Featured on Journal of Accountancy | By Paul Bonner The 2016 tax filing season promises to be challenging for the IRS, Commissioner John Koskinen told attendees at the AICPA National Tax Conference in Washington on Tuesday. Koskinen made a similar prediction a year ago in his first address to CPAs in the same forum. […]
Article by HOWARD DAVIES | Featured on Project Syndicate Very soon after the magnitude of the 2008 financial crisis became clear, a lively debate began about whether central banks and regulators could – and should – have done more to head it off. The traditional view, notably shared by former US Federal Reserve Chairman Alan Greenspan, is […]
Article Featured on Willamette Week A long-simmering dispute between a group of public utilities and the Oregon Department of Energy boiled over into a lawsuit in Marion County Circuit Court this week. The utilities, which provide electricity mostly to rural areas, pay an annual fee to the department called the “energy suppliers’ assessment” or ESA. That […]
Photo: Gary Morrison, 60 years old, wants his Skokie, Ill., printing company to hit certain growth and sales goals before selling it. PHOTO: Taylor Glascock for Wall Street Journal By RUTH SIMON | Featured on WSJ An expected rush in sales of small firms by the baby boomer generation has yet to materialize Some baby boomers are […]
Article Featured on AICPA Many of us imagine a future in retirement when we leave the obligations and stresses of our work life behind; but few of us take the time to create a plan for what we will actually do when we retire and who will share that life with us. CPA financial planners […]
Original Article By LIZ MOYER | Featured on NYTimes | Mark Van Scyoc / Shutterstock.com The Securities and Exchange Commission on Friday released its first set of statistics on more than 2,600 private fund advisers as part of an effort to make it easier for investors to evaluate them. The data include information from regulatory […]
By Thomas A. Warnshuis, CPA, MSA, Grand Rapids, Mich. (former IRS revenue agent) | Article featured on Tax Advisor Editor: Howard Wagner, CPA | Image Credit: g0d4ather / Shutterstock.com At the end of an IRS audit many taxpayers are left to decide how to proceed, especially when faced with a proposed adjustment that they disagree […]