March 18, 2014
For the fourth straight year, the New York-based accountancy Anchin, Block & Anchin has again been named the Best North American Accounting Firm in the annual Hedgeweek awards.
March 11, 2014
Credit and business analysis company FICO has announced a change to the well-known FICO Score, the most commonly-used measure of U.S. consumer credit risk. The new scoring system will be available beginning this summer.
March 3, 2014
The results show that more than half of small businesses surveyed still use manual processes, such as a spreadsheet or pen and paper, to track finances. In addition, almost 40 percent of these businesses are spending multiple days on tax preparation.
February 27, 2014
It’s never too late to begin. The sooner you start contributing to your employer-sponsored retirement plan or IRA, the better your chances for building a significant savings cushion.
February 27, 2014
Think taxes get a lot easier when you retire? Like everything else in life, it depends, especially since the tax aspects of Social Security, 401(k) withdrawals and IRAs can get pretty confusing.
February 24, 2014
Are you saving enough for retirement and overall financial security? Now many be a good time to examine just how prepared you are.
February 19, 2014
Under the federal income tax law – specifically, Section 408(d)(3)(B) of the Internal Revenue Code – a taxpayer can roll over funds from one IRA to another only once a year.
February 13, 2014
The specter of the dreaded new surtax on “net investment income” (NII) has turned into reality. For the first time ever, some upper-income taxpayers will have to pay the 3.8% surtax on their 2013 income tax returns. This could be a harrowing experience for some of your clients.
February 11, 2014
President Obama didn’t drop any bombshells in his State of the Union address delivered on January 28. But he did unveil a new retirement-saving concept called the “MyRA” (a wordplay on IRA). As the president explained, this account will be designed to encourage retirement savings by workers who don’t have access to employer plans like…
February 5, 2014
As U.S. companies grow increasingly concerned about the financial well-being of their workforce, a new survey by Aon Hewitt, the global talent, retirement and health solutions business of Aon plc, finds that employers are looking for new ways to improve the long-term financial health of their employees in 2014.
February 3, 2014
Financial security remains elusive for almost half of Ohio households, which often are one medical issue, pink slip or other crisis away from plunging into severe poverty, according to a new report from the Corporation for Enterprise Development.
January 29, 2014
A budget is based on a set of assumptions that are generally not too far distant from the operating conditions under which it was formulated.