| PFP News |
Tell us what you think! The PFP Section benefits survey will close on June 24
If you haven’t yet responded, please give us your input on PFP Section benefits via this 10-minute survey. We are eager to receive input from as many members as possible.
Kessler, Tillery, Austin among those honored at AICPA ENGAGE
Last week, the AICPA recognized individuals who have been passionately dedicated to supporting the personal financial planning profession, devoting their time and efforts to forwarding the mission of CPA financial planners, educating the profession and contributing daily to betterment of their clients. These distinguished individuals have demonstrated exemplary devotion to financial planning and embody the personal, ethical and professional characteristics of the model CPA financial planner. Those honored include:
Stuart Kessler, CPA/PFS – Lifetime Achievement in Personal Financial Planning Award
Susan Tillery, CPA/PFS – Personal Financial Planning Distinguished Service Award
P. Thomas Austin – Sidney Kess Award for Excellence in Continuing Education
Richard Ward, CPA/PFS – P. Thomas Austin Personal Financial Planning Division Scholarship
7 Young CPA/PFS professionals – Personal Financial Planning Standing Ovation Award
Free webcast on SEC Reg BI requirements tomorrow
As a Bob Veres Inside Information subscriber (included with your PFP Section benefits) you can attend a free webcast taking place tomorrow, June 20th at 12:00 EST on the SEC’s new Regulation Best Interest requirements. This webcast is led by Stark & Stark and registration is required.
Free CPE webcast on Social Security next month
As part of your PFP Section member benefits package, you have access to 8 free CPE hours via 4 webcasts annually. The next free webcast, Optimizing Social Security Benefits for Your Clients, takes place on July 10th. Register today!
Bob Veres media reviews: how to avoid withdrawal disasters
Save time and stay ahead of the curve by reading Bob’s write-ups of articles in the June Financial Planning Magazine like:
• “Does Growth Really Boost the Bottom Line?” by Michael Kitces
• “Avoid Withdrawal Disasters” by Ed Slott
• “Going Business Casual” by Brett Bernstein
Share your insights on becoming a CPA financial planner
We’re doing informal research to learn what led you to offer financial planning services and how you successfully made the transition. If you can spare 10 minutes of your time, please email financialplanning@aicpa.org and we will get in touch with you. Thank you for your insights.
New podcast series on building a tax & financial planning advisory business: How do I maximize use of technology?
Step 9 of 10: In this episode, CPA financial planners share how they chose various technology to build and maintain their tax and financial planning advisory businesses. Experts answer these questions:
• What are the essential software programs for a tax and financial planning advisory business?
• How can you leverage the cloud and secure your clients’ information and safely share information?
• What are some examples of software programs to use for tax and financial planning services as well as business and client management?
• What are simple actions to take now?
The first eight steps in this series can be accessed here. Share this new podcast series with your peers and colleagues who are working on getting their tax and financial planning advisory businesses started.
What to do when your client gets terrible health news
No one knows when a health crisis will strike. As a CPA financial planner, you can proactively help your clients plan for such an event. Learn more from Jim Sullivan, CPA/PFS, in this article.
New regulations add flexibility to HRAs
On June 13th, the IRS and other agencies issued final regulations (T.D. 9867) that allow health reimbursement arrangements to be integrated with individual health insurance coverage (integrated HRAs) if specific conditions are met.
Draft of new federal income tax withholding methods published
The IRS has issued a draft version of new Publication 15-T (Federal Income Tax Withholding Methods) for the 2020 tax year that contains a first look at the new employer steps to figure federal income tax withholding.
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Updated for 2019: The Adviser’s Guide to Financial & Estate Planning video series
Check out this newly updated 16-part video series, which is filled with in-depth planning strategies to help you guide your clients on topics like making charitable contributions, evaluating the choices among the available entities and planning for the elderly and disabled. Dive deeper on these topics and find checklists and questionnaires in the recently updated The Adviser’s Guide to Financial and Estate Planning (Volume 1).
Bob Veres’ media reviews: diversity and work-life balance
Save time and stay ahead of the curve by reading Bob’s write-ups of articles in the June Investment Advisor magazine, including: “Diversity is More than a Fad” by Mark Tibergien and “Having it All” (work-life balance) by Angie Herbers.
Broadridge alert: U.S.-China trade war
The escalating trade war with China has driven volatility in global markets and caused concerns for U.S. consumers and businesses. This new client alert looks at the issues behind the conflict, who will carry the costs of the tariffs and the potential effect on the U.S. economy.
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| PFS Corner |
Build on your tax and financial planning relationships with the CPA/PFS credential
Tax planning naturally touches many of your client’s other planning concerns in retirement, estate, risk management and much more. Get your CPA/PFS credential to let them know you understand their needs.
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Use the 5 PFP certificate programs to gain competence AND get your CPA/PFS.
• Or use the Online PFP Boot Camp to prepare for the comprehensive PFS exam.
You’re a natural fit! |
| PFP Events Coming Soon |
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| More Learning Opportunities |
Small Firm Update
June 27
Capitalizing on Tax Reform: Tips for Effective Client Conversations
July 24
SECURE Act and the Best Ideas So Far
August 7
Everything You Ever Wanted to Know About Lifetime RMDs … And More
August 14 |
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| Frequently Accessed PFP Resources |
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