American Institute of CPAs - Personal Financial Planning (PFP)

Guest(s): Lyle Benson, CPA/PFS & Steve Siegel, JD, LLMCategory: Technical Lyle Benson interviews Steve Siegel on some commonly asked questions related to tax reform and the 2017 Tax Cuts and Jobs Act, including the impact of changes with regard to: Entity choice Real estate and rentals and pass-through entities Net investment income tax Section 529 plans Retirement plans and asset location, bracket management, and drawdown strategies Roth conversions and recharacterizations Charitable deductions Estate, gift and trust considerations Access the related resources from this podcast: Tax Reform Resource Center Toolkit: Impact of Tax Reform on Planning The Adviser's Guide to Financial & Estate Planning The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Robert Keebler, CPA/PFSCategory: TechnicalThe House Ways and Means Committee released draft tax reform legislation on November 2, 2017 and subsequently released amendments to the proposal this week. The Tax Cuts and Jobs Act, H.R. 1, incorporates many of the provisions listed in the Republicans’ September tax reform framework while providing new details. Bob Keebler, CPA/PFS, discusses the amendments to the House tax reform bill. Access the related resources from this podcast: Tax Reform Resource Center Toolkit: Impact of Tax Reform on Planning The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Robert Keebler, CPA/PFSCategory: TechnicalThe House Ways and Means Committee released draft tax reform legislation on Thursday. The Tax Cuts and Jobs Act, H.R. 1, incorporates many of the provisions listed in the Republicans’ September tax reform framework while providing new details. Bob Keebler discusses the House tax reform bill released on Nov. 2nd and the proposed provisions that impact planning for individuals, small businesses, and estates.Access the related resources from this podcast: Tax Reform Resource Center Toolkit: Impact of Tax Reform on Planning The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Robert Keebler, CPA/PFSCategory: Technical Bob Keebler shares drawdown and portfolio strategies under the 2017 Tax Cuts and Jobs Act and how to advise your clients, including: Overview of tax reform for investors IRC Section 199A qualified business income Key concepts drawdown strategies Access the related resources from this podcast: Tax Reform Resource Center Toolkit: Impact of Tax Reform on Planning The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Robert Keebler, CPA/PFSCategory: TechnicalBob Keebler covers tax planning ideas for real estate under the 2017 Tax Cuts and Jobs Act and how to advise your clients.Access the related resources from this podcast: Tax Reform Resource Center Toolkit: Impact of Tax Reform on Planning The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Robert Keebler, CPA/PFSCategory: Technical Bob Keebler discusses the IRC Section 199A provisions on qualified business income and how to advise your business owner clients.Access the related resources from this podcast: Tax Reform Resource Center Toolkit: Impact of Tax Reform on Planning The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Robert Keebler, CPA/PFSCategory: TechnicalImplementing Roth conversions by asset class is an increasingly popular planning strategy. Bob Keebler shares how this strategy works and situations where it would be an effective strategy for clients.Access the related resources from this podcast: Toolkit: Impact of Tax Reform on Planning The Roth Conversion Decision Chart The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Robert Keebler, CPA/PFSCategory: Technical In June 2017, IRS released Rev. Proc. 2017-34, which provides relief to taxpayers who failed to file for portability in a timely manner. Bob Keebler discusses the simplified procedures, who qualifies, and how to file.Access the related resources from this podcast: The Adviser's Guide to Financial and Estate Planning The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Robert Keebler, CPA/PFSCategory: TechnicalBob Keebler outlines the broad principles for tax reform as proposed by the Trump administration. Find out what the proposed changes are, what it may mean for your clients, and strategies to consider in tax and financial planning.Access the related resources from this podcast: Tax Reform Resource Center Toolkit: Impact of Tax Reform on Planning The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Robert Keebler, CPA/PFSCategory: Technical Bob Keebler reviews President Trump’s "Unified Framework for Fixing Our Broken Tax Code", including strategies to consider that enable you to act quickly in your clients’ best interest and what to advise clients based on what we know now, as well as a discussion of proposed changes to: estate, GST and capital gains taxes, individual and corporate income tax brackets, itemized deductions, retirement plans, and more. Access the related resources from this podcast: Tax Reform Resource Center Toolkit: Impact of Tax Reform on Planning The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Michael Goodman, CPA/PFS & David DeVoeCategory: Practice Management Michael Goodman, CPA/PFS interviews expert, David DeVoe, on succession planning for personal financial planners, including: How David’s practitioner perspective and his entrepreneurship led him to becoming an expert in succession planning for financial planners How has succession planning has evolved The primary reasons why adoption of formal succession plans remains low The first steps to take toward creating a succession plan Creating a succession plan that aligns with the goals and objectives of your life plan What you need to know when the CPA firm is affiliated with an RIA firm The different approaches for internal succession versus external succession options What is the value of working with a succession planning firm Access the related resources from this podcast: PFP Learning Library: Succession Planning Podcast Series The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Joel Bruckenstein & Bill EdelmanCategory: Practice ManagementGiven the recent ransomware attacks, financial technology expert interviews cybersecurity expert and they discuss what exactly is ransomware.Access the related resources from this podcast: T3 Tech Hub from Joel Bruckenstein The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Ted Sarenski, CPA/PFSCategory: TechnicalDiscussion on how the American Health Care Act, passed by the House of Representatives on May 4, will impact individual and business owner clients.Access the related resources from this podcast: The CPA's Guide to Social Security Planning The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Ted Sarenski, CPA/PFSCategory: TechnicalMost recent Social Security proposals and how this may impact your individual clients.Access the related resources from this podcast: The CPA's Guide to Social Security Planning The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Robert Keebler, CPA/PFSCategory: TechnicalMeeting the adequate disclosure requirements when gifts have been made subsequent to the issuance of the proposed 2704 regulations, why it’s important and what to do.Access the related resources from this podcast: Resources on Section 2704 Valuation Regulations The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.Don’t miss an episode – subscribe to our podcast series on iTunes! And leave us a review so we can continue bringing valuable and relevant content to you.