PFP News: Watch your inbox on Wednesdays for the latest legislative and regulatory updates, relevant news and member benefits. Not a PFP/PFS member? Subscribe to Financial Planning Digest, a free, weekly e-newsletter focusing entirely on the news affecting CPA financial planners (available to PFP/PFS members and non-members).
Broadridge Advisor: Use this premier web-based education and client communication tool to create personalized client presentations with over 3,000 articles, concept pieces, case studies and calculators, and have relevant knowledge at your fingertips. Watch PFP News for Broadridge Alerts (like the 2016 Key Numbers, which provides key figures across several planning areas and gives you the most essential figures for busy season in one convenient document) and utilize Broadridge content to efficiently educate and communicate with your clients during busy season. Not a PFP/PFS member? Download a free 2-page excerpt from the 2016 Key Numbers focused on retirement planning.
Tax Return for PFP Checklist: Use this checklist, created by expert CPA financial planners, to identify financial planning opportunities as you analyze your client’s tax returns.
Personal Finance Report Card: This assessment represents a starting point that can be used to summarize a client’s financial situation. It was developed as an interview tool with new clients and as a way of periodically reviewing client progress: not only does it help identify the important issues, but it also is a great motivational tool, encouraging the client to take actions that will raise the score at the next meeting. Use the practitioner version during meetings with your clients or hand out the consumer version for clients to work with on their own before or after meeting with you.
Personal Financial Outlook: This checklist was adapted from the Personal Financial Report Card and can be used as a starting point to summarize a client’s financial situation and identify important issues and opportunities for planning. Include this checklist in your tax organizers or have new clients fill it out prior to working on a planning engagement.
Tax Extension FAQs for Clients: This 2-pager explains what a tax extension entails and why it can make sense.
Section 7216: Guidance and sample consent forms to comply with regulations involving disclosure and use of tax return information by tax return preparers.
The CPA’s Guide to Financial and Estate Planning: Download volumes 1-4 of the 2015 edition of the guide to reference relevant chapters, charts and checklists. Note that this guide will be updated on an annual basis. Look for the latest version to be released this summer.
Planning After the American Taxpayer Relief Act of 2012 and the Net Investment Income Tax Toolkit: Use the resources in this toolkit to educate and plan for your clients as they navigate through a multilayer tax system that affects virtually all of their personal financial planning decisions.
PFP Learning Library: Learn about the implications of recent legislation on planning in podcasts, video and webcasts from the PFP Division.
CPA/PFS Press Release: A customizable press release, “Tax Time Right Time for Financial Planning” is available to CPA/PFS credential holders to highlight the importance of financial planning during tax season.
Script to use with tax clients: Use this script with your tax clients to get them interested in having a discussion with you after tax season about working together on other areas of their finances.
Client Communication Materials: Available in the Tax Practitioner Toolkit to educate your clients, both individual and small business, about important tax issues and demonstrate your value as a CPA. Materials can be customized with your firm logo and other information and include client letters, social media posts, brochures on CPA services, newsletter or website blurbs on current tax topics, and print advertisements. Download tweets, mini tax articles and other tools, such as the Affordable Care Act FAQs for Individuals to reinforce your value to current and prospective clients.
Affordable Care Act information: Get answers to questions both you and your clients have on the health care reform law at the Health Care Reform Resources Center. In addition, this detailed Tax Adviser article discusses where the IRS has said it will focus its efforts to ensure taxpayers comply this tax season.
Quick Tax Guide: The Journal of Accountancy Quick Tax Guide is a handy “cheat sheet” with rates and other facts you need daily for reference.
Free Tax News Each Weekday: The AICPA’s free CPA Letter Daily covers tax news each day to help members during the tax filing season. CPA Letter Daily will highlight tax news, available resources and how many days remain to file in the “Tax Season Watch” section. For a free, weekly newsletter focusing entirely on news affecting CPA financial planners, subscribe to Financial Planning Digest.
Timely, In-Depth Tax Articles and Videos: Find videos and useful links relating to individual and business tax, compliance concerns, employee benefit issues and more at the Journal of Accountancy’s Tax Season Resources page. Further, the free monthly AICPA Tax Insider e-newsletter features news and expert commentary for tax and financial planning professionals.
The Tax Adviser, the nation’s No. 1 tax magazine, is a valuable monthly resource for the latest tax-planning techniques and tax-saving methods – continuing a 40-year tradition of being the CPA’s leading source for news, analysis and guidance on federal tax. (Available free online or as a monthly print subscription).
360 Degrees of Taxes: Point clients and business contacts to some of the resources in the AICPA’s 360 Degrees of Taxes campaign, which is designed to position CPAs as the premier providers of tax services.
Peer Connections and Insights: The AICPA’s PFP LinkedIn group provides an excellent way to communicate with your peers around the country.