AICPA & CIMA

AICPA Personal Financial Planning (PFP)

Education EN ↓ 347 episodes

Welcome to the AICPA Personal Financial Planning Section podcast. Follow us to receive unlimited access to free podcasts from nationally known experts on topics such as retirement, estate, tax, investment planning, and more. Visit us online at aicpa-cima.com/pfp to join our community and gain access to valuable member-only benefits.

Author

AICPA & CIMA

Episodes

Step 7: How do I structure staffing and work with other advisers? {Building a Tax & Financial Planning Advisory Business} 31.05.2019 24:23

Guests: Ted Sarenski, CPA/PFS & panelists: Chris DeBlanc, Scott Sprinkle, and Susan Tillery Category: Practice management In this episode, CPA financial planners share how to work with other advisers and professionals as part of the tax & financial planning team and answer the questions: What is your role as the primary point of contact and how does that benefit your clients? What are some effecti...

Step 5: What is the best way to create deep relationships with clients? {Building a Tax & Financial Planning Advisory Business} 17.05.2019 19:28

Guests: Ted Sarenski, CPA/PFS & panelists: Jean-Luc Bourdon, Brooke Salvini, and David Stolz Category: Practice management In this episode, CPA financial planners share how to deepen client relationships within their tax and financial planning advisory businesses and answer the questions: How can you create an environment – physical or virtual and emotional – to develop deeper relationships with y...

Taxes and Investment Planning {PFP Section} 10.05.2019 17:34

Guest: Matt Rosenberg, CPA/PFS Category: Technical In this episode, Matt Rosenberg, CPA/PFS discusses the impact of taxes on investment planning and answers the questions: What are the major tax considerations practitioners should take into account when providing investment advice? When do capital gains need to be carefully considered? How do investment losses best serve a good tax plan? How impor...

Step 4: How do I approach new client meetings & offer financial planning services to current tax clients? {Building a Tax & Financial Planning Advisory Business} 03.05.2019 21:19

Guests: Ted Sarenski, CPA/PFS & panelists: Chris DeBlanc and Scott Sprinkle Category: Practice management In this episode, CPA financial planners share how they approach new client meetings and how to offer planning services to tax clients and answer the questions: How does taking a humanistic approach to tax planning benefit your clients? How do you approach a tax compliance client to transition...

Step 3: What are the appropriate fees to charge? {Building a Tax & Financial Planning Advisory Business} 26.04.2019 22:35

Guests: Ted Sarenski, CPA/PFS & panelists: Michael Goodman, Brooke Salvini, and Susan Tillery Category: Practice management In this episode, CPA financial planners share how they set their client fees in their tax & financial planning advisory businesses and answer the questions: What are the benefits of a fee-only hourly, project, and retainer business models? What are the pros and cons of chargi...

Step 2: How do I get started? {Building a Tax & Financial Planning Advisory Business} 19.04.2019 16:50

Guests: Ted Sarenski, CPA/PFS & fellow CPA/PFS panelists: Jean-Luc Bourdon, Ellen Bruno, Chris DeBlanc, Michael Goodman, Brooke Salvini, Scott Sprinkle, David Stolz, and Susan Tillery Category: Practice management In this episode, CPA financial planners share their experiences with building their tax and financial planning advisory businesses. Ted Sarenski, CPA/PFS interviews a panel of seasoned p...

Step 1: Why should I offer tax & financial planning advisory services? {Building a Tax & Financial Planning Advisory Business} 19.04.2019 14:01

Guests: Andrea Millar, CPA/PFS & Susan Tillery, CPA/PFS Category: Professional development CPAs and financial planning have been around for over a century. Not because we've stayed the same, but because we evolve and adapt to finding new ways to better serve clients. You are forward-thinking and relationship-oriented professionals. These are exciting times that bring opportunities for you to lead...

Your business as a retirement asset {PFP Section} 04.04.2019 26:53

Guest(s): David Grau, Sr. & Michael Goodman, CPA/PFS Category: Practice management In this episode, Michael Goodman, CPA/PFS interviews David Grau, president & founder of FP Transitions, who shares the ABCs of succession planning. He answers the questions: What exactly is a succession plan? Why is a succession plan important? Does everyone need to have one? How much time do you need to create a su...

Filing protective claims for refund {PFP Section} 03.04.2019 6:05

Guest(s): Bob Keebler, CPA/PFS & Mitchell Gans, JD Category: Technical In NC Department of Revenue v. The Kaestner Family Trust , the Supreme Court will determine whether the US Constitution's due process clause prohibits states from taxing trusts based on trust beneficiaries' in-state residency. In this episode, Bob Keebler, CPA/PFS interviews Professor Mitchells Gans, JD who answers the question...

Lessons from the 9th hole: what current retirees have to say {PFP Section} 29.03.2019 17:18

Guest(s): Paula McMillan, CPA/PFS Category: Technical In this episode, Paula McMillan, CPA/PFS shares what current retirees have to say about retirement and lessons they've learned along the way. She answers the question: What are the six factors paramount to a successful retirement? Access the related resources from this podcast: Top seven mistakes when claiming Social Security benefits by Paula...

Making conversations count: integrated financial planning {PFP Section} 22.03.2019 16:31

Guest(s): Paula McMillan, CPA/PFS Category: Technical In this episode, Paula McMillan, CPA/PFS shares how to make conversations count when it comes to personal financial planning. She answers the questions: What is your role and influence in your clients' conversations with others around personal financial planning? Why is it important for your clients to broaden and deepen financial conversations...

Creating a cohesive online presence {PFP Section} 15.03.2019 23:49

Guests: Erica Gellerman, CPA Category: Practice management In this episode, Erica Gellerman, CPA turned marketer is here to help you differentiate your CPA financial planning practice for their current and prospective clients. Why does a cohesive online presence matter? What are the three Vs of creating a cohesive online presence? How can you leverage your online presence, so your clients will kno...

The 3 Rs of the retainer model {PFP Section} 08.03.2019 38:27

Guests: Ed Fulbright, Sheila Padden, & Chip Simon Category: Practice management In this episode, CPAs and financial planners share their experiences with the retainer fee model for their personal financial planning practices. What is the retainer model? Why did they choose this fee-only model for their practice? Is this model right for your practice? How has it contributed to client satisfaction a...

Tax reform: Section 199A & tax season {PFP Section} 01.03.2019 28:36

Guest(s): Bob Keebler, CPA/PFS & Nick Passini, CPA Category: Technical On January 18th, the IRS released the highly-anticipated final regulations on Section 199A for the qualified business income deduction for pass-through entities. In this podcast, Bob Keebler, CPA/PFS interviews Nick Passini, CPA about the reality of tax season and Section 199A qualified business income deduction. Find out: What...

Tax reform: Section 199A & retirement plan benefits {PFP Section} 01.03.2019 14:33

Guest(s): Bob Keebler, CPA/PFS & Ed Slott, CPA Category: Technical On January 18th, the IRS released the highly-anticipated final regulations on Section 199A for the qualified business income deduction for pass-through entities. In this podcast, Bob Keebler, CPA/PFS interviews Ed Slott, CPA intersection of Section 199A qualified business income deduction and retirement plan benefits. Find out: Wha...

Will your clients have enough to retire? {PFP Section} 15.02.2019 17:03

Guest(s): Paula McMillan, CPA/PFS Category: Technical In this episode, Paula McMillan, CPA/PFS gives an overview of the current environment that your clients are face as they approach retirement age, including the obstacles and your role as their CPA adviser in helping them overcome them. She answers the questions: What's the one thing that matters most in retirement planning? What trends in the r...

What is the national state of retirement {PFP Section} 15.02.2019 17:47

Guest(s): Paula McMillan, CPA/PFS Category: Technical In this episode, Paula McMillan, CPA/PFS. She answers the questions: How has the vision of a meaningful retirement and the tools to achieve it evolved over the last several decades? What is today's vision of a meaningful retirement? What do your clients fear most about financing retirement? How can you guide your clients in designing a retireme...

8 reasons why you need to offer elder care financial planning services to your clients 30.01.2019 25:54

Guest(s): Jim Sullivan, CPA/PFS Category: Technical In this podcast, Jim Sullivan, CPA/PFS, discusses elder planning strategies and answers these questions: Why should you offer elder planning services to your clients? How has elder planning practice changed over the last decade? How can you help your clients navigate the complexities of elder planning? You can continue your learning on this topic...

Tax reform: When does real estate qualify for the 199A deduction {PFP Section} 23.01.2019 12:03

Guest(s): Bob Keebler, CPA/PFS Category: Technical On January 18th, the IRS released the highly-anticipated final regulations on Section 199A for the qualified business income deduction for pass-through entities. In this podcast, Bob Keebler, CPA/PFS shares details on the provisions, specifically Notice 2019-07 and answers: When does real estate qualify as a trade or business for purposes of the 1...

Tax reform: Section 199A final regulations {PFP Section} 23.01.2019 21:15

Guest(s): Bob Keebler, CPA/PFS Category: Technical On January 18th, the IRS released the highly-anticipated final regulations on Section 199A for the qualified business income deduction for pass-through entities. In this podcast, Bob Keebler, CPA/PFS shares an overview of the IRS guidance that was released. Find out: What are the major changes in Final 199A regulations , including changes to the a...

Taxes and Estate Planning {PFP Section} 11.01.2019 17:16

Guest(s): Lisa Featherngill, CPA/PFS Category: Technical In this podcast, Lisa Featherngill, CPA/PFS discusses the impact of taxes on estate planning and answers the questions: What are the major tax considerations practitioners should take into account when doing estate planning? What pitfalls should clients be aware of? What are some good strategies for reducing taxes on an estate? To what exten...

Education planning tips for 2019 {PFP Section} 04.01.2019 11:47

Guest(s): Ross Riskin, CPA/PFS Category: Technical In this podcast, Ross Riskin, CPA/PFS discusses college and financial aid planning tips from The Adviser's Guide to Education Planning. He specifically addresses: Timing of tuition bill payments Determining retirement planning contributions Impact of allowances, including the education savings and asset protection allowance Access the related reso...