Ask the expert: Gift planning
Karla Valas leads fundraising for Fidelity Charitable, the nation’s largest grantmaker. Her team helps CPAs to prioritize sophisticated planning conversations that incorporate charitable strategies.
Personal Financial Planning
When seniors are targeted in schemes
Practitioners need to understand elder fraud and what to do when they find it.
Choosing a billing method for financial planning
CPA financial planners discuss the pros and cons of different billing methods for financial planning services and why they chose the one they did.
How investors can protect against inflation
CPA financial planners discuss this year’s nearly 6% inflation rate and what it could mean for investment portfolios.
The long-term-care quandary: Helping clients prepare
Long-term care is a critical topic when discussing retirement plans with aging clients.
6 tips for supporting clients through life transitions
Experienced CPA financial planners share tips for helping clients through change.
Reach your students with financial literacy
Pique students’ interest in accounting with a subject relevant to their lives.
Planning for education expenses amid change
A Q&A addresses student loans, saving for college, and making plans in a changing environment.
Medicare’s tricky rules on HSAs after age 65
Individuals working past age 65 who want to continue contributing to a health savings account need to carefully follow Medicare’s enrollment rules to avoid significant penalties.
Gerald Townsend, CPA/PFS/ABV
Clients need more than one thing from a personal financial planner, according to Gerald Townsend, CPA/PFS/ABV.
Cultivate good online shopping habits
An AICPA survey shows two in five Americans struggle to stick to their monthly budget due to online shopping.
What CPAs must do at the first financial planning meeting
Experienced CPA financial planners share best practices to help you establish yourself as a trusted adviser and ensure a successful and productive engagement.
A professional athlete’s frugal approach to what’s next
A professional soccer player says his teammates ribbed him for being “cheap.” He took that as a compliment. Find out why in this conversation with an ENGAGE 2021 panel speaker.
Tax returns are underrated financial planning tools
Tax time provides an excellent opportunity to create or update a financial strategy. By examining your tax returns, you can glean information that can help you build a financial plan.
Financial fears spike for young adults amid pandemic
More than half of Americans said their financial situation caused them stress during the pandemic, according to an AICPA survey. Younger Americans were particularly affected, with three-quarters of 18- to 24-year-olds reporting financial anxiety.
2021 child tax credit, EITC, and premium tax credit limits updated
The IRS issued guidance on the amount of and limitations on the child tax credit, earned income tax credit, and premium tax credit available for taxpayers for the 2021 tax year as a result of changes to those provisions enacted by the American Rescue Plan Act of 2021, P.L. 117-2.
How to counter clients’ cognitive biases
This article discusses a few cognitive biases financial planners are likely to encounter and ways to help clients move past them.
How CPAs can help clients combining households during the pandemic
CPAs share their thoughts on how to help clients through changes in households.
Buyer beware: Celebrity-endorsed SPACs
Investors shouldn’t base investing decisions on celebrity involvement in a special-purpose acquisition company, the SEC warned.
IRS provides cafeteria plan relief for the pandemic
The IRS issued guidance on how employers can amend their health flexible spending arrangements and dependent care assistance programs to respond to the coronavirus pandemic.
