The SEC proposed rule amendments that would require money market funds to maintain a portion of their portfolios in highly liquid investments, reduce their exposure to long-term debt and limit their investments to only the highest quality portfolio securities. The proposals also would require the monthly reporting of portfolio holdings and allow the suspension of redemptions if a fund’s net asset value falls below $1 per share.


Comments are due Sept 8. The proposal is available 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.