Personal Financial Planning

Topics

August 1, 2017

How to avoid penalties when a planned rollover goes awry

Taxpayers can take advantage of certain guidance to avoid a penalty if something goes wrong when trying to complete a rollover.

June 1, 2017

Uncompensated risk: The orphan of modern portfolio theory

Most fiduciaries breach a fiduciary duty simply because they ignore or neglect to follow the stated legal requirements for uncompensated risk management.

April 13, 2017

A new tax-efficient approach to protecting unrealized gains

A stock protection fund may be helpful to some investors.

March 1, 2017

Building on Compliance: The Evolution of Tax Services

Members of the public also recognize a CPA’s role as a trusted adviser for all their financial needs.

February 16, 2017

Reexamining tax-loss harvesting: Better results through enhanced understanding

Tax-loss harvesting offers the potential for significantly increased after-tax returns.

December 1, 2016

Tax Planning for Aging Clients: Medical Expense Deduction for Home Improvements

Many clients making modifications to make homes more accessible may qualify for valuable home improvement medical expense
deductions.

December 1, 2016

The Illiquid Marital Estate: Navigating the Division of Marital Residences and Retirement Accounts

This item focuses on the pitfalls and potential opportunities to consider in the illiquid marital estate arena.

December 1, 2016

Lump-Sum Distributions of Employer Stock Present Opportunities

When a qualified retirement plan account holds employer stock, a retirement plan participant could save thousands of dollars with proper planning.

December 1, 2016

Tax Planning Opportunities for Tax Attributes and the Decedent’s Final Tax Return

Careful and thoughtful advanced planning can result in substantial tax savings.

November 1, 2016

Deciding Whether to Roll Over to a Roth IRA

Deciding whether it makes sense to trigger the resulting tax liability depends on several factors.

October 20, 2016

Form 8332 Challenges for Divorced Couples

When parents divorce without a meeting of the minds or a well-crafted agreement, issues can result as to who is entitled to the tax benefits from supporting their children.

October 1, 2016

The Ins and Outs of Owning a Losing Investment in an IRA

Here is a way to turn a lemon into lemonade (with a little help from the stock market).

September 22, 2016

Back to School: 7 Strategies to Save for College

This column offers some of the most common techniques to help save for college.

September 1, 2016

New DOL Rules Increase Scrutiny of IRA Trustee Fees

This column addresses issues facing IRA trustees.

June 2, 2016

Helping Your Clients Execute a Tax-Aware Investment Plan

Without a tax professional’s input, much of the benefit of tax-aware best practices is unlikely to be achieved.

June 1, 2016

CCRCs and the Housing Decisions Faced by Older Adults: How Financial Professionals Can Help

Financial planners and tax advisers are sure to receive an increasing number of questions related to elder housing decisions and the financial implications of various choices.

May 1, 2016

Planning for Divorce-Related Stock Redemptions

A transfer of ownership of a closely held business in divorce does not trigger gain or loss if it is directly between the spouses.

April 1, 2016

Tax Planning for High-Net-Worth Individuals Immigrating to the United States

Foreign high-net-worth individuals immigrating to the United States should seek advice to minimize exposure to the U.S. income, gift, and estate tax system.

April 1, 2016

Common Mistakes in Life Insurance Arrangements

Familiarity with life insurance will elevate a practitioner’s service from being compliance-oriented to being consultative.

April 1, 2016

Tax Considerations for Divorcing Spouses

During the divorce proceedings, it is critical for each taxpayer to work with a tax adviser to understand the estate, gift, and income tax consequences of the marriage dissolution.