Hear about one Inflation Reduction Act concern posed by a leading taxpayer advocate and catch up on recent JofA news and feature articles.
Elder, Special Needs & Chronic Illness Planning
CPAs providing services to elderly individuals play a role in protecting their clients from financial exploitation.
The recently passed legislation ultimately will help with one of the biggest wild cards of retirement — health care planning — but immediate updates to financial plans are likely not needed.
Practitioners need to understand elder fraud and what to do when they find it.
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.
CPAs can help families navigate the financial side of substance abuse.
Eligible individuals with disabilities received guidance from the IRS on the rules regarding ABLE accounts. Tax-favored ABLE accounts allow eligible individuals to save money to meet qualified disability expenses.
Being aware of national trends can help financial professionals assist their individual and business clients prepare for future health spending needs.
As trusted advisers in their clients’ lives, CPAs can play an important role in long-term health planning.
Forensic accountants play a key role in an innovative approach to combating elder financial exploitation in a program that is spreading nationally.
Margaret Poster, CPA, shares advice for making sure your finances are in shape in the event of a disaster.
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.
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.
Advise clients to do their research before choosing hospice care.
Don’t neglect these basic health care considerations in clients’ retirement planning.
A monthly look at applications, gadgets, and other technology that can improve a CPA’s job and life. This month: Everplans.com.
CPAs need to be prepared to assist clients and their families facing new financial problems due to changing health care needs.
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.
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.