Personal Financial Planning

Topics

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.

March 1, 2016

Social Security: The Hidden Changes in the Two-Year Budget Bill

Baby Boomers born from 1954 to 1964, and all subsequent generations, will be unable to use some planning strategies that have benefited older generations.

March 1, 2016

Roth IRA Planning

The opportunity to get more assets into Roth vehicles via various means has evolved over the last several years.

January 14, 2016

Taking Control of the Final Form 1040

Follow these tips for using the final tax return for tax planning post-mortem.

January 1, 2016

Treasury Announces Launch of MyRAs

The new retirement savings account is intended for people with taxable compensation income but who lack access to an employer-sponsored retirement plan.

January 1, 2016

2015 Arthur J. Dixon Memorial Award

Lisa C. Germano received the highest award given by the accounting profession in the area of taxation.

December 1, 2015

Planning for Cash Flows in Retirement

CPA financial planners can help their clients predict how they may fare financially.

November 19, 2015

How to Help Your Clients Invest Using Asset Location Management

Without a tax practitioner’s ongoing planning and involvement, the benefits of tax-aware management are less likely to be achieved.

November 4, 2015

MyRAs Now Available Nationwide

Treasury said eligible individuals nationwide may now open a new retirement account for people with earned income who may lack access to an employer-sponsored retirement plan.

November 1, 2015

The Investor Control Doctrine: When “Hands Off” Really Means “Hands Off”

In a recent tax court decision, an individual was as determined for tax purposes to be the owner of assets in segregated asset accounts held
for the benefit of private placement variable
life insurance policies.

November 1, 2015

Capitalizing on the Lower Dividend Tax Rate

Identifying qualified dividends and helping taxpayers meet the requirements for qualified dividend status are valuable client services.

November 1, 2015

An Overview of Tax Practice Issues That Arise Under Statement on Standards in Personal Financial Planning Services

This column discusses some of the issues that might arise for tax practitioners in light of Statement on Standards in Personal Financial Planning Services.

September 10, 2015