How CPAs can help family businesses with succession planning
Jonathan Flack, CPA, discusses why the leaders of family businesses have such a difficult time with succession planning and what CPAs can do to help them.
Personal Financial Planning
The non-CPAs every CPA should have in their network
CPAs who also hold PFS credentials offer advice for establishing an extended network of other professionals to help serve clients.
Digital assets after death
Estate planning should account for a client’s digital assets, which often have significant financial or sentimental value.
Stock market surge boosts financial satisfaction
Stock market growth, among other factors, has kept Americans’ personal financial satisfaction positive in Q2 of 2019, according to the AICPA’s Personal Financial Satisfaction Index (PFSi).
The father of the 401(k) on how his invention has reshaped retirement
Ted Benna talks about how and why he came up with the 401(k), its advantages and drawbacks, how he’d change it if given the chance, and how it’s reshaped retirement.
CPAs discuss hot topics in financial planning, tax, and technology
Five CPA financial planners discuss hot topics in personal financial planning, tax, and firm practice management.
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.
What to say to grieving clients
Grief expert Amy Florian, CEO of consulting company Corgenius and a speaker at ENGAGE, suggests some dos and don’ts when supporting clients who have suffered a loss.
4 ways to save time in Excel
This article offers tricks to make you more efficient and effective with the spreadsheet application.
How the ‘sandwich generation’ affects retirement
CPAs can help clients who are trying to save money while also dealing with shifting family demographics.
Avoid tax traps with a timely appraisal
New basis-consistency requirements make defensible valuations even more important.
Optimizing residential real estate deductions
The new Sec. 199A safe harbor and tangible property regulations offer ways for landlords to reduce taxable income from rentals.
Personal financial satisfaction up in first quarter after market rebound
Americans’ personal financial satisfaction reached a record high in the first quarter of 2019, according to the AICPA’s proprietary Personal Financial Satisfaction Index.
Maximizing the higher education tax credits
A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.
Clients’ top retirement fear: Running out of money
Nearly one-third (30%) of financial planners say their clients’ top retirement fear is running out of money, according to a recent AICPA survey of 631 CPA financial planners.
Finding out if one can prosper investing in loans
A monthly look at applications, gadgets, and other technology that can improve a CPA’s job and life.
Which benefits do employees find most financially beneficial?
Health insurance and 401(k) matches led the pack.
Americans’ personal financial satisfaction dips in fourth quarter
The AICPA’s Personal Financial Satisfaction Index (PFSi) declined for the first time in two years in the fourth quarter of 2018, largely due to the stock market’s end-of-year downturn.
Don’t miss the new Medicare Advantage enrollment period
It can be helpful for CPA financial planners to reach out to clients to be sure they know about the opportunity to review their coverage and make recommended changes.
How tax reform is changing clients’ financial plans
CPA financial planners named charitable giving, business structure and estate plans as the areas of clients’ financial plans they have had to adjust most frequently following the passage of the TCJA, according to a recent survey.
