Establishing an emergency fund is the tactic that CPA financial planners most recommend Americans take to help prepare for a downturn.
Personal financial planning
As trusted advisers in their clients’ lives, CPAs can play an important role in long-term health planning.
Changes brought on by the SECURE act have added new wrinkles to the planning process that must be considered by IRA owners and CPA financial planners.
Circumspection is called for in funding students’ higher education.
Forensic accountants play a key role in an innovative approach to combating elder financial exploitation in a program that is spreading nationally.
Consider these financial planning strategies in a period of low interest rates and high volatility.
Margaret Poster, CPA, shares advice for making sure your finances are in shape in the event of a disaster.
Many Americans will receive stimulus money to help them weather the pandemic, but what they do with that money will depend on whether they need it right away or can afford to set some aside. CPA financial planners offer advice on how to make the best use of stimulus funds.
The IRS issued its annual inflation-adjusted contribution limits for contributions to health savings accounts permitted to participants in high-deductible health plans. Most of the amounts increased slightly over the 2020 amounts.
Now, more than ever, it’s important to ensure clients’ wills, health care powers of attorney, and other estate planning documents are current.
Here’s a rundown of the relief the CARES Act offers for student loan borrowers, who is eligible for it and what clients can do if they’re not covered by the CARES Act or if they’ve become unemployed or had their hours reduced.
Economic woes brought on by the coronavirus pandemic triggered the steepest quarterly decline in Americans’ personal financial satisfaction since the recession that began in 2008.
The IRS announced that Social Security and Railroad Retirement benefit recipients will not have to file a tax return to receive the $1,200 stimulus payment provided by the Coronavirus Aid, Relief, and Economic Security Act.
A CPA discusses how best to present additional services to tax clients without coming off as pushy or aggressive.
How can CPAs deal with client anxieties during a time of uncertainty? The best steps include preparing them for unexpected events before they happen and acknowledging their concerns.
Fraud and financial abuse harm clients psychologically more than they do financially, according to the AICPA Personal Financial Planning Trends Survey.
Health care fraud is an important and complicated challenge for clients. CPAs can be instrumental in helping clients detect, report, and prevent health care fraud.
CPA financial planners must carefully document for clients all risks associated with recommended investments.
New rules are designed to make health care pricing more transparent, and CPA financial planners could use that information to help clients make more informed decisions.
Americans’ financial satisfaction hit an all-time high in the fourth quarter of 2019. Stock market gains coupled with declines in underemployment and loan delinquencies helped lift the index to new heights.