Each generation has its own retirement savings concerns

July 14th, 2016  // News

Workers of all ages are concerned about saving enough for retirement, but each generation has a particular set of issues to consider. Baby boomers need to account for the effects of longer life spans, while Gen Xers need to catch up on savings and millennials should boost their 401(k) contributions when possible. Read more

5 benefits of an integrated ERM program

July 13th, 2016  // News

Reducing negative surprises and improving resource allocation are among the benefits of integrated enterprise risk management, according to the proposed framework update by the Committee of Sponsoring Organizations of the Treadway Commission. Read more

Retired CPAs share retirement advice

July 12th, 2016  // News

The transition into retirement can be challenging for CPAs who have grown accustomed to the daily routine and demands associated with the accounting profession. Accountants who have successfully transitioned offer seven tips for making the most of life after work. Read more

Dangers to dodge in accounting firm sales

July 11th, 2016  // News

For many CPAs, the sale of their public practice is the culmination of their career, the payoff for many years of sacrifice and hard work. Unfortunately, CPAs can pay dearly for easily made mistakes during the preparation for a sale. Learn how to avoid those pitfalls. Read more

Employers added 287,000 jobs in June

July 8th, 2016  // News

The US economy added 287,000 jobs in June, according to the Labor Department, a strong rebound from the weak jobs report in May. The unemployment rate increased to 4.9% as more people looked for work. Read more

Shaky job market could affect Fed’s rate-hike timing

July 7th, 2016  // News

The Federal Reserve wants to see evidence that US job creation is recovering and that inflation is moving toward 2% before raising interest rates, according to minutes of the June meeting. Policymakers are also concerned about the direction of China's economy and fallout from the UK's decision to exit the EU. Read more

How to fix the bad habit that is hurting your career

July 6th, 2016  // News

Almost everyone has at least one personal habit that can limit advancement in his or her career, whether it be unreliability, selfishness or something else. This article looks at these career-stunting habits and discusses how to overcome them. Read more

How to help employees balance collaboration and productivity

July 5th, 2016  // News

In some cases, people may focus so much on collaborating with others and helping their direct reports develop that they miss out on their own opportunities for promotion. Managers can correct this imbalance by offering feedback and mapping out clear paths to career advancement while also examining their own biases. Read more

US analyzes Swiss bank data in hunt for tax evaders

July 1st, 2016  // News

Thousands of Swiss bank accounts held by US taxpayers are being studied as the US Justice Department searches for people who have concealed assets to evade taxation. The department is mostly comparing data obtained from 80 Swiss banks under a limited-amnesty program with information taxpayers have reported to the IRS. Read more

US consumers spent more in May

June 30th, 2016  // News

The consumer component of the US economy was on the upswing in May with spending up for the second straight month. However, analysts suggested that the Brexit shock this month could erode confidence and soon lead to more saving and fewer outlays. Read more

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