Retirement September 30, 2026
History of Social Security COLAs
The predicted 2027 cost-of-living adjustment of 3.5% would rank 19th among the increases implemented since 1977, the first year Social Security began calculating the annual boost.
May 11, 2015
‘High Net Workers’ Redefine Wealth Accumulation and Retirement Goals
A subset of Americans is redefining the way families within their income bracket live, work and plan for the future, according to a survey released today by EverBank. The High Net Worker (HNW), named for the group’s earning power, dogged work ethic and av
May 7, 2015
Deadline Approaching for Small Businesses to Late-File Retirement Plan Reports
The IRS is reminding small business owners that they have just a couple of more weeks – until June 2, 2015 to be exact – to qualify for special tax relief if they haven’t filed annual retirement plan reports on time (IR-2015-74, 5/1/15).
May 7, 2015
How to Market to Payroll Clients
Running a successful payroll practice is about more than just the services you provide; it’s also about selling those services. A great marketing campaign will consist of both digital and print collateral and target existing and prospective clients.
May 5, 2015
IRS Watchdog Says Improvements Needed on ACA Processes
The new Patient-Centered Outcomes Research (PCOR) fee is used to offset the costs of the PCOR Institute, which funds research that will provide information to assist patients and their healthcare providers make more informed health care decisions.
April 29, 2015
Group Pushes for Entrepreneur Tax Credit, Other Reforms
The groups behind the letter make up the Tax Alliance for Economic Mobility - a national coalition working to advance federal policies that expand savings and investment opportunities for lower-income households through reform of the U.S. tax code.
April 28, 2015
Deloitte Partners with Accenture Duck Creek to Help Insurers
The Big 4 accounting and business consulting firm Deloitte has established a strategic alliance with Accenture Duck Creek to help US property and casualty insurers prepare for the dynamic changes that are reshaping the insurance industry.
April 23, 2015
Thomson Reuters Launches Health Care Reform Certificate Program for Tax & Accounting Pros
The program provides in-depth knowledge and helps practitioners develop expertise related to the legislative and tax implications of health care reform. This program arms practitioners with the knowledge and tools they need to increase client ...
April 23, 2015
Nearly 1/3 of Americans Have No Retirement Savings, Says Survey
There’s both good and bad news in the 2015 Retirement Confidence survey released by the Employee Benefits Research Institute (EBRI), an independent research firm based in Washington, D.C., on April 21. This is the 25th annual survey, making it the ...
April 14, 2015
Split Decision on IRAs: Pub 590-B Covers Distribution Rules
The new Pub. 590-B applies to 2014 tax returns filed in 2015. Two aspects that have often befuddled taxpayers in the past are the RMD rules for Roth IRAs and the options available when inheriting traditional IRAs.
April 10, 2015
Redefining Financial Success: Americans More Focused on Retirement, Children’s Education
More than twice as many U.S. adults cited having enough money for a comfortable retirement (28 percent) and providing their children a debt-free education (23 percent) as the best indicator of financial success than did owning a home.
April 8, 2015
Majority of Americans Worry About Outliving Retirement Savings
Americans are most nervous about outliving their money in retirement and feeling stressed about healthcare costs, according to a new survey from the American Institute of CPAs.
March 25, 2015
IRA Contributions Give Taxpayers a Valuable Tax Benefit – But Watch the Calendar
As you’re working through federal income tax returns of clients during the home stretch, you hold a veritable ace up your sleeve: the IRA contribution. For clients who qualify, a contribution made by the tax return due date – April 15, 2015 for ...