The Planner Newsletter


November/December 2013

Chair Message

2013 has been a year of legislative changes that have affected our clients in very tangible ways. The need for clients to meet with us and discuss the impact on their tax, estate, retirement, investment, and risk management plans has never been greater. This issue of Planner covers many of these topics and illustrates the depth of resources that the AICPA PFP Division has made available for PFP Section members, including CPA/PFS credential holders.

The American Taxpayer Relief Act of 2012 has added a complexity to planning that requires the unique expertise of CPA financial planners to navigate. The Supreme Court decision on the Defense of Marriage Act has created opportunities for same sex couples in certain states. Healthcare has long been a concern of our retired clients, but the Affordable Care Act has thrust insurance and tax planning decisions on many of our clients, as well as small business owners.

As CPAs, we are in the enviable position of being the objective go-to person for our clients’ financial questions—and as CPAs, there is no better way for us to demonstrate our understanding of the larger context of our clients’ decisions than to hold the CPA-exclusive Personal Financial Specialist (CPA/PFS) credential. No matter what area we specialize in, the CPA/PFS can open a conversation highlighting our understanding of the complexity of their financial situation. The AICPA has a CPA/PFS education track along with exam preparation options for those interested in pursuing the credential.

Dan Thomas, CPA/PFS
Chairman, CPA/PFS Credential Committee


In This Issue:

View upcoming PFP webcasts and conferences.

For previous articles, visit Planner's archives.    

Editorial Advisory Board:
Kelly Allen, CPA, Kelly Allen & Associates, Inc., San Bernardino, CA; Lyle K. Benson, Jr., CPA/PFS, CFP®, L.K. Benson & Company, Baltimore, MD; Clark M. Blackman II , MA, CPA/PFS, CFA, CFP®, Alpha Wealth Strategies, Kingwood, TX; Randi K. Grant, CPA/PFS, CFP®, Berkowitz Dick Pollack & Brant Certified Public Accountants & Consultants, LLP, Miami, FL; Deena B. Katz, CFP®, Associate Professor, Texas Tech University, Lubbock, TX; Marsha G. LePhew, CPA/PFS, CFP®, ChFC, LePhew Financial Services, Inc., Rock Hill, SC; Susan McAndrew, CPA, AICPA, Gainesville, FL; Michael McConnell, CPA/PFS, CFP®, CliftonLarsonAllen LLP, Minneapolis, MN; Lawrence W. McKoy, CPA/PFS, CFP®, Dixon Hughes Goodman, LLP, Glen Allen, VA; Leslie D. Michael, CPA/PFS, CFP®, Michael Associates, LLC, Indianapolis, IN; Andrea R. Millar, CPA/PFS, AICPA, Durham, NC; Theodore J. Sarenski, CPA/PFS, CFP®, Blue Ocean Strategic Capital, LLC, Syracuse, NY; Michele L. Schaff, CPA/PFS, MPA, AIFA, Ardor Financial Group, Northfield, IL; Kenneth J. Strauss, CPA/PFS, CFP®, Berkowitz Dick Pollack & Brant Certified Public Accountants & Consultants, LLP, Fort Lauderdale, FL; Dale Walters, CPA/PFS, CFP®, Keats, Connelly & Associates, Phoenix, AZ; James D. Warring, CPA/PFS, CFP®, EagleStone Wealth Advisors, Inc., Rockville, MD; Jimmy J. Williams, CPA/PFS, CFP®, Compass Capital Management, LLC, McAlester, OK.