Salaries of corporate finance professionals increased 3.4% last year, according to a survey by the Association for Financial Professionals. Executives saw the highest increase, with treasurers and CFOs gaining an average raise of 4.3%.
The 3.8% tax on net investment income applies to most trusts and estates, starting this year. And tax practitioners need to be aware that the tax's threshold for trusts and estates is much lower than for individuals (just $11,950 for 2013). This article discusses the workings of the net investment income tax and how practitioners can help trust and estate clients plan around it.
Executive-level employees received the highest raises in North American finance departments in 2012 on a percentage basis, according to a new survey. Overall finance salaries grew by 3.4%, but executive salaries increased 3.8%.
Social media is an important tool for accountants, but there are certain things that this communication channel simply won't deliver. This post gives 10 tips on what social media cannot accomplish for the accounting profession.
Highly-rated corporate borrowers have been turning to other lending sources, such as revolving credit lines and term loans, instead of the investment-grade loan market, according to Dealogic. Investment-grade borrowing has dropped to its lowest level since 2010, reaching $237 billion so far this year -- a 27% drop year over year.