Accounting
Top editor picks, summarized for you
8/31/2016

Starting salaries for US accounting and finance positions will range from 3% to 4.3% higher in 2017 than they were in 2016, according to a salary guide published Tuesday. The predicted rise reflects strong competition for skilled professionals.

8/31/2016

Millennials should consider taking out a life insurance policy, which can be relatively inexpensive for people in their 20s and 30s. Among other things, insurance can protect co-signers of student loans in the event of the policyholder's death.

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CNBC
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life insurance policy
8/31/2016

Employers often set up nonqualified deferred compensation plans for highly compensated employees because the plans do not have to meet the nondiscrimination requirements that qualified retirement plans do. However, to ensure that employees do not have to include amounts paid into these plans in income, the plans must comply with Sec. 409A.

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The Tax Adviser
8/31/2016

Six tech companies will provide 18-week paid internships to help midcareer professionals re-enter the workforce. They are part of a trend of tech companies offering "returnships" for professionals who have taken career breaks, often for child care, and are ready to return.

8/31/2016

Clients know that their CPAs will provide high-quality work, but when you take an active personal interest in the issues that are most important to them, you set yourself apart. Do you know what truly matters to your clients?

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AICPA Insights
8/31/2016

The Treasury Department and financial industry regulators published a fact sheet and blog post intended to clarify anti-money-laundering rules and related regulatory expectations. The agencies are trying to "dispel certain myths" about the rules.

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Treasury Department
8/30/2016

US Federal Reserve Vice Chairman Stanley Fischer reinforced his remarks suggesting the Fed is closer to raising interest rates, saying the country "is very close to full employment." The job market shows the economy has been strong enough to resist the damping effects of a rising dollar, he said.

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Reuters
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Stanley Fischer, Fed, interest rates
8/30/2016

Eighty-five percent of respondents to a Northwestern Mutual study experience anxiety about finances, and about two-thirds say this has a negative effect on their health. Here are three steps that people can take to increase savings and reduce anxiety.

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CNNMoney
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Northwestern Mutual
8/30/2016

A recent case found that over-the-counter foreign currency options are foreign currency contracts subject to Sec. 1256. This article examines the effect of this decision on taxpayers making similar investments.

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The Tax Adviser
8/30/2016

One of the most common types of fraud centers on expense reimbursements. Here are four ways small and midsize companies can detect or prevent it.

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CGMA Magazine online