Accounting
Top editor picks, summarized for you
8/26/2016

Federal Reserve Chair Janet Yellen may have teed up an increase in interest rates in her much-anticipated speech on the economy today. "I believe the case for an increase in the federal funds rate has strengthened in recent months," she said.

8/26/2016

The Labor Department has published its final rule smoothing the path for states that want to create workplace retirement-savings plans. The rule guarantees that the plans won't have to comply with the federal Employee Retirement Income Security Act as long as a few basic requirements are met.

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Labor Department
8/26/2016

Supporting parents is a financial priority for 14% of millennials, according to a recent Transamerica survey. Here's a look at how millennials and their parents can plan for this type of assistance.

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CNBC
8/26/2016

From rental property expenses to worker classification to offers in compromise, the list of areas where tax practitioners must exercise due diligence keeps growing. The director of the Internal Revenue Service's Office of Professional Responsibility and veteran practitioners recently gave advice on how to steer clear of dangers.

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Internal Revenue Service
8/26/2016

Office air conditioning set in the low 70s tends to lead to lower productivity than if it were set a few degrees higher, research shows.

8/26/2016

Former tax accountant Gwen Jorgensen isn't just good with numbers. She excels at swimming, biking and running, too. Jorgensen, who passed the CPA exam, became the first US woman to capture an Olympic triathlon gold medal with a win in Rio. Learn more about her careers as an accountant and an elite athlete.

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AICPA Insights
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Gold Medal
8/26/2016

The Financial Accounting Standards Board recently issued its first major change to not-for-profit accounting standards since 1993. Here are tips for implementing the new standard.

8/26/2016

First-time jobless benefit claims in the US declined by 1,000, to 261,000, during the week that ended Aug. 20, the smallest number in five weeks, the Labor Department said. The median projection of economists surveyed by Bloomberg called for 265,000 claims.

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Bloomberg
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Bloomberg, Labor Department
8/25/2016

Courts may not uphold the coverage of phishing incidents under companies' existing cyberrisk policies, writes Peri Mahaley. "Frequently, insurers assert that there is no coverage because the loss did not proximately result from the fraudulent hack, but rather from the intervening actions of duped individuals," Mahaley writes.

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Lexology
8/25/2016

Americans may wonder whether paying for a long-term care policy makes sense, as insurance companies have exited the market and rates have increased. Here's a look at the risks involved with this type of insurance and which factors to consider as you determine how to pay for care.

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CNBC
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insurance companies