Benefits

The American Institute of CPAs is urging Congress to consolidate and simplify the types of tax-favored retirement plans now available to small business owners.

With demand for alternative assets accelerating, CPAs have an opportunity to engage with a growing number of investors making investments in illiquid – and high potential – alternative assets held in an Individual Retirement Account (IRA).

Bangor, Maine, joins cities such as Daytona Beach, Fla., Pocatello, Idaho and Greenville, S.C., as a top spot in this year's AARP list of places to retire affordably.

As this column goes to print, provisions of the Patient Protection and Affordable Care Act (also known as the “ACA,” or ObamaCare) will change accountants and tax preparers from “trusted advisors” to a more derogatory status:

For 27 year-old Paul McCarrier, selling marijuana pays the bills and grows his career. But McCarrier doesn't meet clients on street corners or in dimly lit parking lots.

Small business owners are worried about healthcare, retirement and general finances, but it seems they are achieving an increased work-life balance, according to a recent survey by online marketing company Yodle.

The Baby Boomers are about to retire en mass. A new report on age and retirement benchmarks in the U.S. shows that as much as 18% of the U.S. workforce could retire within the next five years.

Employers with 50 or more full-time equivalent employees on their payroll during the previous calendar year have a "shared responsibility" under the Affordable Care Act (aka, ObamaCare) to offer minimum essential coverage to their full-time employees.