Michael Cohn

New research from Mintel shows ‘it may be too late for older women’ to save enough to retire comfortably.

The American Institute of CPAs has sent a letter to members of the House Financial Services Committee supporting a bill aimed at narrowing the definition of “municipal advisor,” without weakening investor protections.

More than a third of retirement plan participants admitted that they either “guessed” or “made up” their estimates for how much income they would need in retirement, according to a new survey, while only 30% said they consulted with a professional for help in setting their goals.

More Americans are feeling optimistic about their retirement savings, according to a new survey.

Many small business owners are unprepared for retirement, with a third of the women and a quarter of the men in a new survey having no estimate of how much they will need when they retire.

The company’s Small Business Scorecard optimism score inched up to 65% this month from 63% in December. Optimism has grown steadily since a low of 33% in September.

Senate Majority Leader Harry Reid (D-Nev.) plans to introduce legislation that would extend the payroll tax cut that is due to expire at the end of the year. The tax cut extension would be offset with a surtax on millionaires, setting up a battle with Republican lawmakers who are opposed to any tax increases.

Bereaved spouses who have a relationship with a financial adviser can find the support invaluable in recovering their family’s financial bearings, according to a new survey. The poll, conducted by the New York Life Foundation and the National Alliance for Grieving Children, surveyed 548 parents who lost a spouse or partner and who still had children under the age of 19 at home. …

The House Ways and Means Oversight Subcommittee held a hearing to discuss the relative unpopularity of the Small Business Health Tax Credit that is part of the health care reform law.

An Arab-American who is a former employee of PricewaterhouseCoopers has filed suit against the firm, claiming he was terminated after he told an internal newsletter that he thought "there is room for improvement" in PwC's diversity practices.

The Financial Accounting Standards Board has released a new Accounting Standards Update aimed at improving employer disclosures for multiple-employer pension plans.

The Internal Revenue Service has released guidance aimed at clarifying the tax treatment of mobile phones provided by employers to their employees.

The Treasury Department and the Internal Revenue Service are asking for public input on a proposed health care reform rule that would make it easier for employers to determine whether the health insurance coverage they offer is considered “affordable” for employees.

President Obama addressed a joint session of Congress last Thursday evening to present a jobs bill containing an expansion of the payroll tax cut, tax breaks for new hires and salary raises and other tax reform measures.

President Obama addressed a joint session of Congress last Thursday evening to present a jobs bill containing an expansion of the payroll tax cut, tax breaks for new hires and salary raises and other tax reform measures.

A new study from Fidelity Investments found that 401(k) investors who pulled out of the equities market during the 2008-2009 economic downturn experienced only 2% growth, while those who maintained their investment strategy eventually saw growth of 50% by the second quarter of this year.

The Internal Revenue Service issued advice on Friday to employers who outsource their payroll duties to third-party service providers.

A former Arab American employee of PricewaterhouseCoopers has filed suit against the firm, claiming he was terminated after he told an internal newsletter that he thought “there is room for improvement” in PwC’s diversity practices.

A survey of CFOs in the U.S. and Europe found more willingness to hire in the final six months of the year in the U.S. than in Europe.

Women are less likely than men to concentrate on financial planning, according to a new survey on financial wellbeing and health.