Insurance


According to Fitch IBCA, Duff & Phelps, a rating service, life insurers face an estimated $3 billion to $5 billion in losses related to the September 11 terrorist attacks. But, Fitch says, the industry has $3.1 trillion in assets, it already pays—on average—$52 billion in claims annually, and it has benefited from recent increases in sales and the recovering value of its equity portfolio. ( www.fitchratings.com/corporate/reports/report.cfm?rpt_id=135602 )

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Tax reform complicates year-end tax planning

Get your clients ready for tax season with these year-end tax planning strategies, which address how to make the most of recent tax law changes, such as the new deduction for qualified business income and the cap on the deductibility of state and local taxes.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.