News

The Social Security Administration has enhanced its online security, requiring users to enter a security code sent via text message to access their accounts. The move could be problematic for people who don’t have reliable access to text-enabled cellphones.

Results of the annual JofA/The Tax Adviser survey are in, as more than 3,800 CPA tax preparers tell how their return preparation software worked for them during this year’s busy season.

The financial outlook of the average American has reached its highest level in nine years, according to the quarterly AICPA Personal Financial Satisfaction Index (PFSi). This quarter’s PFSi was bolstered by rising home equity and job openings, and CPA executives’ […]

The Federal Reserve held interest rates steady Wednesday, as expected, but it offered an optimistic outlook on the economy and a diminished risk profile. Improvements in the labor market and the economy likely merit “gradual increases in the federal funds […]

More seniors are working past the traditional retirement age as employee benefits change, jobs require less physical exertion and overall health improves. The percentage of people older than 65 in the workforce was 19.4% last month, compared with 15% in […]

Pension funds run by states and cities face record-low long-term return on investment. The Wilshire Trust Universe Comparison Service estimates that data due to be published within weeks will show that the 20-year annualized return of public pension funds has […]

Some large accounting firms and other companies are providing coaching services to new parents to help them use parental leave. Companies are hoping these services will help them recruit and retain top talent and boost diversity.

US consumers remain a potent force in the global economy, backed by income growth and relatively low interest rates and gas prices, according to a Macquarie Capital Markets client note. The Atlanta Fed’s GDPNow model points to a second-quarter annualized […]

Corporate debt is forecast to reach $75 trillion by 2020, up from $51 trillion today, S&P Global Ratings reports. Companies could have trouble dealing with this debt if economic conditions deteriorate and interest rates increase.