Personal financial planning news and resources

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December 3, 2025

IRS outlines details for Trump accounts

The IRS released initial details on Trump accounts, a new type of IRA for some children. Also, a billionaire business executive pledged $6.25 billion to provide 25 million children with a $250 contribution to a Trump account.

December 2, 2025

JofA branded podcast: Investment management at the intersection of tax and wealth services

In this Journal of Accountancy branded podcast episode, Clint Costa, CPA, J.D., LL.M., a senior wealth strategist at Choreo, talks with Matt Gotlin, Choreo’s chief investment officer, on trends in investment management and tips for CPAs to advise clients.

November 14, 2025

Going into debt for holiday spending? You’re not alone

Nearly half of over 2,000 adults surveyed on behalf of the AICPA said they expect to go into debt for holiday gifts or travel.

November 13, 2025

Inflation adjustments to retirement account limits issued for 2026

The IRS announced inflation-adjusted limits on benefits and contributions for various retirement accounts on Thursday, including maximum contribution amounts for 401(k) plans and traditional and Roth IRAs.

November 6, 2025

Real estate tax changes that advisers need to understand

A firm partner and AICPA conference speaker breaks down rule changes related to bonus depreciation and opportunity zone investment. Listen to the podcast episode or read the Q&A.

October 31, 2025

How OBBBA alters charitable deduction strategies for 2025 and 2026

New rules could shrink an individual’s tax benefit from charitable contributions starting next year, prompting many to accelerate donations into this year. Here’s what donors and advisers need to know.

October 27, 2025

How to rewrite 3 ‘money scripts’ hurting personal finances

When it comes to clients implementing the action steps needed to move toward their financial and life goals, more is at play than just needing the knowledge and resources to take action. Whether or not we know it, we all run “money scripts” in the background, basing decisions both small

September 15, 2025

3 new financial planning opportunities after OBBBA

Help clients navigate a few of the legislation’s broadly applicable tax changes.

September 8, 2025

Financial planning for a pet’s future care

Pets need to be considered in financial plans because they are part of the family and may outlive their owners.

September 1, 2025

Calming nervous clients nearing retirement

Experts in personal financial services recommend helping clients keep economic shocks in perspective, simplify their finances, and try out aspects of retirement life.

August 13, 2025

The No. 1 risk to retirement – and one way to guard against it

Retirees are living longer than ever, increasing the challenge facing financial advisers charged with the responsibility of making sure they don’t run out of funds.

August 8, 2025

No 2025 information return or withholding table changes under OBBBA

The IRS announced Thursday that it is delaying changes to certain information returns, withholding tables, and reporting and withholding procedures until tax year 2026 “to avoid disruptions.”

July 24, 2025

Dealing with natural disasters: IRS relief efforts leave some wanting

How can the IRS best assist victims of natural disasters? The AICPA asked victims how long they had to wait for assistance and asked CPAs the best courses of action.

July 21, 2025

Dealing with natural disasters: Prepare by taking these steps today

Nearly one-third of adults have done nothing to prepare financially for the possibility of a natural disaster. An AICPA news release offers advice for individuals and businesses.

July 21, 2025

Helping clients communicate their estate planning intentions

Clients need to communicate thoughtfully and clearly to avoid misunderstandings and implement the plan.

July 14, 2025

Hard truth about soft skills: Invaluable insights for financial advisers

Personal financial advisers share perspective on creating a safe space where clients feel comfortable about sharing information crucial to a successful professional partnership.

June 26, 2025

JofA branded podcast: The evolving insurance market for high-net-worth clients

In this Journal of Accountancy branded podcast, hosted by Clint Costa, CPA, J.D., LL.M., a senior wealth strategist at Choreo, experts discuss how to help clients, especially high-net-worth ones, navigate growing and changing challenges in seeking proper insurance coverage. Play the episode below or read the edited transcript: Transcript Introduction: Thank

May 19, 2025

Broaching estate planning with aging parents

While raising the topic of planning with aging parents can be challenging for clients, having the conversation is sometimes necessary. This article provides suggestions about what to say and discuss.

May 5, 2025

How financial advisers can help with second marriages

Getting remarried can raise numerous financial planning issues. Explore the issues CPAs may want to discuss with clients.

April 28, 2025

Being realistic about homeownership as an investment

Clients seeking to buy a home are sometimes motivated by societal pressure and incorrect assumptions. Advisers can help them approach this major decision more objectively.

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