Employing children and other relatives in a family business can yield tax advantages, but there are potential drawbacks to consider.
Personal Financial Planning
For retirees, effective tax planning requires taking a long view and spending down assets from a variety of sources each year.
Parents pursuing an adoption can use a CPA’s advice.
Does the 4% rule still make sense? A CPA financial planner discusses how advisers can help ensure their clients can spend with flexibility throughout retirement.
Hear or read this conversation with a CBS News business analyst on top questions asked of financial planners and what role inflation and tax rates may play.
Firms and clients are both reassessing their priorities in the wake of the pandemic.
Two easy mistakes seen in retirement planning involve valuation of pensions and improper net-worth comparisons.
Make sure your decision about when to claim Social Security benefits is an informed one that takes into consideration your expected longevity along with various financial and other factors.
Legislation augmenting the SECURE Act of 2019 now goes to the Senate after passing the House.
The choice between a Roth IRA and a traditional IRA in saving for retirement depends on the person’s age, tax bracket, expected future earnings and other factors.
Taking the time to research charities can help donors make certain that their donations are being used for the intended purpose.
Married taxpayers have estate planning options others don’t.
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.
Practitioners need to understand elder fraud and what to do when they find it.
CPA financial planners discuss the pros and cons of different billing methods for financial planning services and why they chose the one they did.
CPA financial planners discuss this year’s nearly 6% inflation rate and what it could mean for investment portfolios.
Long-term care is a critical topic when discussing retirement plans with aging clients.
Experienced CPA financial planners share tips for helping clients through change.
Pique students’ interest in accounting with a subject relevant to their lives.
A Q&A addresses student loans, saving for college, and making plans in a changing environment.