AICPA Announces New Life Insurance Plan

The Institute’s board of directors approved an enhancement to the Group Variable Universal Life (GVUL) insurance product—GVUL Preferred—now available to eligible members and their spouses. GVUL Preferred offers significant rate reductions—from 20% to 69%—for many members based in part on evidence of good health. To be eligible, you must be age 50 to 79 and hold a CPA Life policy valued at $250,000 or more. The new plan offers coverage to age 100 (20 years longer than CPA Life).

Investment options under the plan include a tax-deferred account with an annual return guaranteed at 4% (currently 5%). For information on transferring your CPA Life coverage to GVUL and to obtain a prospectus, call AON Insurance Services at 800-223-7473.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.