Learn about a few of the many valuable planning opportunities you can uncover when reviewing a client’s tax forms.
Consumers are seeking a primary point of contact to address the full scope of their financial needs.
Having too large a tax refund, or having to pay too much in taxes, can be a sign that your financial plan needs revising.
Without guidance, clients can end up giving to charity in ways that aren’t tax-efficient.
Lisa Featherngill, CPA/PFS, and Brooke Salvini, CPA/PFS, discuss how having tax knowledge has helped them practice financial planning.
This article helps CPAs familiarize themselves with the rules surrounding inherited IRAs and the best ways to deal with these accounts.
An underserved market awaits CPAs attuned to younger taxpayers’ perspectives.
Many tax attributes vanish at the end of life, and clients are well-advised to include them in their final arrangements.
A professional liability claim may occur if a client’s expectation and the results of the tax services do not coincide.
The start of a new year allows clients to take a fresh look at their investment strategy.
Wealth planning with these often highly advantageous tools must be weighed against possible drawbacks of income tax accounting.
This column offers ideas and describes what’s involved in helping clients make a well-informed choice.
Many charitable organizations will not accept a gift of an LLC or limited partnership units because the entity’s business is not part of their charitable mission.
Many practitioners still have some questions about when and how the IRD deduction is used.
There is little if any authority for the proper reporting on tax returns.
To make sure you and your clients are on the same wavelength, start by getting a comprehensive look at their retirement goals and plans.
The new accounts offer valuable tax planning opportunities.
Practitioners should be aware of the many advantages of using an ESOP when a business owner is near retirement.
This technique can help the donor achieve his or her charitable objectives, avoid capital gains tax, and distribute excess cash that has been accumulated in the corporation tax-free.
Planning to lessen estate, gift, and generation-skipping transfer taxes increasingly requires considering clients’ foreign connections.