The FDIC’s board of directors, as required by the Government Performance and Results Act, released its FDIC Strategic Plan, 2008–2013. The latest release supersedes the FDIC Strategic Plan, 2005–2010, which was approved in 2005.

The plan includes the FDIC’s longterm strategic goals and objectives for carrying out its core mission to insure depositors, supervise insured institutions, and resolve the failure of insured institutions. The corporation’s major strategic goals are:

  • Protecting insured depositors from loss without recourse to taxpayer financing.
  • Keeping FDIC-insured institutions safe and sound.
  • Ensuring that consumer rights are protected and that FDIC-supervised institutions invest in their communities.
  • Ensuring that resolutions are orderly and receiverships are managed effectively.

The FDIC Strategic Plan, 2008–2013 can be downloaded at


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.