Elder, special needs & chronic illness planning

TOPICS / PERSONAL FINANCIAL PLANNING

May 27, 2020

When planning for a natural disaster, don’t forget about your finances

Margaret Poster, CPA, shares advice for making sure your finances are in shape in the event of a disaster.

May 22, 2020

What to do with your stimulus check

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.

January 1, 2020

How to guard client finances against dementia

Cognitive impairment adds a difficult layer of complexity to a client’s financial plans. Here are steps CPAs can take to protect clients with dementia against fraud.

December 9, 2019

Government report finds deficiencies in most US hospices

Advise clients to do their research before choosing hospice care.

November 1, 2019

Planning for Medicare taxes, premiums, and surcharges

Don’t neglect these basic health care considerations in clients’ retirement planning.

October 1, 2019

Website helps CPAs and clients plan for life and beyond

A monthly look at applications, gadgets, and other technology that can improve a CPA’s job and life. This month: Everplans.com.

September 3, 2019

Financial planning for clients who have suffered traumatic brain injuries

CPAs need to be prepared to assist clients and their families facing new financial problems due to changing health care needs.

August 12, 2019

How CPAs can help family businesses with succession planning

Jonathan Flack, CPA, discusses why leaders of family businesses have such a difficult time with succession planning and what CPAs can do to help them.

June 17, 2019

Prepare clients for a sudden elder health care crisis

This article discusses the challenges your clients could face when suddenly needing to move a parent to long-term care, along with ways you can help them prepare.

August 13, 2018

Tips for handling anxious clients

Clients can get nervous when dealing with money, the IRS, one of the states, or any situation over which they have limited control.

August 6, 2018

What the future of medical diagnostics could mean for CPAs

As diagnostics advance, more clients will have more information to include as part of the retirement plan.

July 9, 2018

Hacking retirement: Technology to spur saving

Financial and technology experts offer insight into which technologies can help clients save now and in the future.

May 15, 2018

Fewer Americans delaying life events for financial reasons

Just 35% of Americans said they had delayed a major life event for financial reasons, compared with 51% in 2015, according to an AICPA survey.

April 2, 2018

How to help clients rebound from a natural disaster

CPAs share tips on how to provide clients with the emotional support and financial know-how.

February 1, 2018

Help clients balance retirement and education planning

Clients will naturally want to help their children afford higher education, but it’s important that they not jeopardize plans for retirement by doing so. Here are some general principles to keep in mind as you advise families faced with these complex decisions.

January 25, 2018

Student loan debt: Everything you need to know but were too afraid to ask

In part one of a two-part podcast, we take a look at what potential borrowers need to know when considering taking out a government-funded student loan.

November 20, 2017

What CPAs should know about ‘gray divorce’

This column discusses things to keep in mind when working with older couples who are divorcing.

July 1, 2017

What all CPAs should know about elder planning

By providing basic knowledge, CPAs can better serve older clients and their families.

June 12, 2017

Cognitive impairment does not necessarily have to derail your clients’ planning

Clients in the early stages of Alzheimer’s disease or dementia may still be able to take part in financial planning. Learn what precautions CPAs need to take when working with these clients.

March 1, 2017

How to discuss long-term-care options with clients

Clients are often reluctant to discuss the vital topic of long-term care. Here’s a guide to lead you through what is often a difficult conversation.

FROM THIS MONTH'S ISSUE

Cannabis dispensary denied ERC

The Court of Federal Claims held that Sec. 280E, which prohibits deductions and credits for businesses trafficking in controlled substances, applies to the employee retention credit (ERC), including its refundable portion, and denied a cannabis business’s claim for a refundable ERC.