CPAs who are personal financial planners can explain the benefits of HSAs to their clients.
CPAs can help their clients avoid falling victim to fraud ensuring donations are made to legitimate 501(c)(3) organizations.
CPAs armed with the right information are well-positioned to help clients with student loans save a considerable amount of money.
Other keys to a great retirement include clarity of purpose, well-being, connectedness, giving back, and pursuing one’s passions.
Student loan repayment alternatives are complex, and borrowers struggle to make sense of their options.
This column offers suggestions on the issues you should discuss with your clients.
As wealthy Baby Boomers transfer their assets to Millennials, CPAs can help families preserve their assets and build loyalty to the firm by developing relationships with the younger heirs.
The AICPA has updated its guidance on the competencies and information that CPAs who provide financial planning services need to know.
A growing elderly population means an increasing number of clients losing spouses, and CPAs with strong emotional intelligence will have better relationships with their clients and get more referrals.
It’s vital that your clients have certain documents in place to protect themselves and their assets in the event of their physical or mental incapacity.
CPAs registered as investment advisers with the SEC would have to develop and implement written business continuity plans under a rule proposed by the commission.
Students can practice smart financial management habits that help ensure they’re able to pay off their loans.
By making a few small changes to their offices and communication styles, CPAs can help elderly clients feel more comfortable, well-respected, and secure.
This column can help clients visualize the consequences of not having an up-to-date plan.
Discover strategies your firm can use to cope with aging clients, higher health care costs, and the threat of robo-advisers.
Adding personal financial planning (PFP) services can help a CPA firm attract and retain clients and increase its revenue, the AICPA’s recent Economic Benefit of PFP Services survey found.
Expertise in qualified domestic relations orders and dividing retirement benefits in divorce can be a valuable accounting and tax specialty.
CPAs often are solicited for advice regarding potential investments. A CPA should refrain from providing specific investment advice unless he or she has been adequately trained and licensed to serve as an investment adviser.
CPAs advising clients in estate, retirement, investment, or risk management planning need to understand the new Statement on Standards in Personal Financial Planning Services that was issued in January and goes into effect on July 1, 2014. The following are some key provisions personal financial planning (PFP) practitioners should note:
The SEC on Wednesday approved rule amendments that strengthen audit requirements for broker-dealers. The amendments are intended to increase protections for investors whose money and securities are turned over to SEC-registered broker-dealers. The final rules are available on the SEC’s website. Under previous rules, broker-dealers are required to file annual