American Institute of CPAs - Personal Financial Planning (PFP)

Guest(s): Paula McMillan, CPA/PFS Category: Technical In this episode, Paula McMillan, CPA/PFS. She answers the questions: How has the vision of a meaningful retirement and the tools to achieve it evolved over the last several decades? What is today’s vision of a meaningful retirement? What do your clients fear most about financing retirement? How can you guide your clients in designing a retirement that is meaningful to them? Access the related resources from this podcast: Top seven mistakes when claiming Social Security benefits by Paula McMillan (The Tax Adviser) The Adviser’s Guide to Retirement and Elder Planning, a multi-part guide series including life transitions. Broadridge Advisor includes extensive-content written by CPAs, attorneys and other experts on planning strategies, new relevant laws, etc. that are articulated in client terms. Retirement planning certificate, part of the PFP certificate program Don’t miss the other episodes in this series: Will your clients have enough to retire? Making conversations count: integrated financial planning (March 15, 2019) Lessons from the 9th hole: what current retirees have to say (March 15, 2019) 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 or Pod-o-Matic! And leave us a review so we can continue bringing valuable and relevant content to you.

Guest(s): Nadine Gordon Lee, CPA/PFS, CFP®, Managing Director, Metro NY Offices & President, Colony Group Family Office Category: Technical In this podcast, Nadine Lee, CPA/PFS discusses executive compensation. She answers the questions: Why do your clients need to understand and proactively manage equity-based accumulations with a conscious strategy? What are the most common components of equity-based compensation? How can you help your clients manage after-tax consequences while balancing risk? Access the related resources from this podcast: Personal Financial Planning for Executives and Entrepreneurs: The Path to Financial Peace of Mind 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 or Pod-o-Matic! And leave us a review so we can continue bringing valuable and relevant content to you.

Guests: Lisa Featherngill, CPA/PFS with Nancy Amick and Amy Jucoski Category: Practice management What makes you an invaluable voice in your clients’ lives? In this podcast, Lisa Featherngill interviews Nancy Amick and Amy Jucoski, who share a sneak peek of their session at the 2019 Advanced Personal Financial Planning Conference at AICPA ENGAGE. Find out: What is business succession planning and why is it so important in your clients’ lives? Why should business owners integrate succession planning into their overall financial plan? What actions do the most successful business owners take to plan for succession? What is the first step to plan for succession? Dig deeper into this topic and other meaningful opportunities at the 2019 Advanced Personal Financial Planning Conference at AICPA ENGAGE.  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 and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. 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): Jim Sullivan, CPA/PFS Category: Technical In this podcast, Jim Sullivan, CPA/PFS, discusses elder planning strategies and answers these questions: Why should you offer elder planning services to your clients? How has elder planning practice changed over the last decade? How can you help your clients navigate the complexities of elder planning? You can continue your learning on this topic by attending this webcast taking place next week (eligible for discounted CPE).  Also, stay tuned for the upcoming release of a new guide on this topic which will be part of The Adviser’s Guide to Retirement and Elder Planning series.  Stay in the loop with all PFP podcasts by subscribing to our channel on iTunes or Pod-o-Matic.

Guests: Lyle Benson, CPA/PFS & Ted Sarenski, CPA/PFS Category: Practice management What makes you an invaluable voice in your clients’ lives? In this podcast, Lyle Benson and Ted Sarenski share a sneak peek of the Best Ideas Panel, at the 2019 Advanced Personal Financial Planning Conference at AICPA ENGAGE. Find out: What are the practical applications of tax reform and how can you implement this with your clients? How do you translate the financial planning and tax theory into practical applications for your clients? How do you make the most of your conference experience so that you can best serve your clients when you return to the office? Dig deeper into this topic and other meaningful opportunities at the 2019 Advanced Personal Financial Planning Conference at AICPA ENGAGE.   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 and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. 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): Bob Keebler, CPA/PFS Category: Technical On January 18th, the IRS released the highly-anticipated final regulations on Section 199A for the qualified business income deduction for pass-through entities. In this podcast, Bob Keebler, CPA/PFS shares details on the provisions, specifically Notice 2019-07 and answers: When does real estate qualify as a trade or business for purposes of the 199A qualified business income deduction? Access the related resources from this podcast: Impact of Tax Reform on Planning Toolkit AICPA Tax Reform Resource Center Broadridge Advisor (free access to PFP/PFS members) includes extensive-content written by CPAs, attorneys and other experts on planning strategies, new relevant laws, etc. that are articulated in client terms. 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.

Guest(s): Bob Keebler, CPA/PFS Category: Technical On January 18th, the IRS released the highly-anticipated final regulations on Section 199A for the qualified business income deduction for pass-through entities. In this podcast, Bob Keebler, CPA/PFS shares an overview of the IRS guidance that was released. Find out: What are the major changes in Final 199A regulations, including changes to the aggregation regulations and how to net income across businesses? What are the methods for calculating W-2 wages under Revenue Proc. 2019-11? What is the real estate safe harbor under Notice 2019-07? How do you use the basis increase with 754 election to compute UBIA? What do you need to know about the new proposed 199A regulations? Access the related resources from this podcast: Impact of Tax Reform on Planning Toolkit AICPA Tax Reform Resource Center Broadridge Advisor (free access to PFP/PFS members) includes extensive-content written by CPAs, attorneys and other experts on planning strategies, new relevant laws, etc. that are articulated in client terms. 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.

Guests: Mitch Anthony & Michael Kitces Category: Practice management What makes you an invaluable voice in your clients’ lives? In this podcast, Michael Kitces interviews Mitch Anthony about just that. Let’s take a sneak peek into his session, You and Your Clients, at the 2019 Advanced Personal Financial Planning Conference at AICPA ENGAGE. Find out: How to connect with your clients in a way that demonstrates who you are and what you’re about What questions to ask your clients (that you’re probably not already asking) How to effectively demonstrate your competence and your humanity to build trust with your clients Dig deeper into this topic and other meaningful opportunities at the 2019 Advanced Personal Financial Planning Conference at AICPA ENGAGE. Hear an in-depth interview with Mitch Anthony on Michael Kitces’ Financial Advisor Success Podcast, Increasing the Value of Advice by Focusing on Life-Centered Planning for Transitions Not Goals. 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 and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. 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): Lisa Featherngill, CPA/PFS Category: Technical In this podcast, Lisa Featherngill, CPA/PFS discusses the impact of taxes on estate planning and answers the questions: What are the major tax considerations practitioners should take into account when doing estate planning? What pitfalls should clients be aware of? What are some good strategies for reducing taxes on an estate? To what extent should clients make use of the tax-free annual gift exclusion? Access the related resources from this podcast: Planning & Tax Advisory Services hub at aicpa.org/growadvisoryservices Estate planning certificate, part of the PFP certificate program 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): Ross Riskin, CPA/PFS Category: Technical In this podcast, Ross Riskin, CPA/PFS discusses college and financial aid planning tips from The Adviser’s Guide to Education Planning. He specifically addresses: Timing of tuition bill payments Determining retirement planning contributions Impact of allowances, including the education savings and asset protection allowance Access the related resources from this podcast: The Adviser’s Guide to Education 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.

Category: Practice management   Guest(s): Lyle Benson, Brooke Salvini, Susan Tillery, and Matt Treskovich   CPA/PFS credential holders – Brooke Salvini, Susan Tillery, and Matt Treskovich – share with you, professional to professional, what the PFP Division is doing for you and for the profession. They also share some specific ways they better serve their clients using the tools, resources, and information from the PFP Section members. Access the related resources from this podcast: Planning & Tax Advisory Services hub Broadridge Advisor PFP Learning Library, including podcasts on iTunes and Pod-o-matic 4 free CPE webcasts per year Resources by topic area (estate, retirement, investments, risk management/insurance, tax planning, and practice management) Technical and practice management guides PFP News and Financial Planning Digest Advanced PFP Conference at ENGAGE and Building a Tax and Financial Planning Advisory Business Workshop PFP Summit PFS credential program PFP certificate program University program and outreach 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): Oscar Vives Ortiz, CPA/PFS Category: Technical In this podcast, Oscar Vives Ortiz, CPA/PFS discusses the impact of taxes on retirement planning and answers the questions: What are the major tax considerations practitioners should take into account when doing retirement planning? What are some tax-efficient draw-down strategies? What is the most strategic use of a Roth IRA? How do other vehicles, such as investment dividends, complicate a tax picture for a retiree? Access the related resources from this podcast: Planning & Tax Advisory Services hub at aicpa.org/growadvisoryservices Retirement planning certificate, part of the PFP certificate program 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): Larry Swedroe & Kevin Grogan Category: Technical In this podcast, Larry Swedroe and Kevin Grogan of Buckingham Strategic Wealth discuss how to use the science of investing to create efficient portfolios and reduce the risk of Black Swans to capture returns with less volatility. Access the related resources from this podcast: More investment planning resources, including tax aware investing Reducing the Risk of Black Swans: Using the Science of Investing to Capture Returns with Less Volatility by Larry Swedroe & Kevin Grogan Your Complete Guide to a Successful & Secure Retirement by Larry Swedroe, Kevin Grogan with foreword by Wade Pfau 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): Tracy Stewart, CPA/PFS Category: Technical In this podcast, Tracy Stewart, CPA/PFS discusses the impact of the Tax Cuts and Jobs Act on divorces and strategies you should consider with your clients in 2018 and 2019. She specifically addresses alimony, tax issues regarding dependents, and legal and professional fees paid in connection with divorce. Access the related resources from this podcast: Impact of Tax Reform on Planning Toolkit 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): Chris Benson, CPA/PFS, Jennifer Birchett, CPA/PFS, Debbie Meyer, CPA/PFS Category: Practice management In this podcast, three CPA financial planners share how technology allows them to serve their clients and add value to the planning process and client relationship. Moving from excel to integrated software systems to gain efficiencies and enhance the client experience Technology challenges when starting your own firm Technology challenges and transitions in an established firm Leveraging technology to focus on serving the client Where to start when you don’t know where to start   Access the related resources from this podcast: Technology for a Planning & Tax Advisory Services Business Toolkit 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.