American Institute of CPAs - Personal Financial Planning (PFP)

Guest(s): Jennifer Birchett, CPA/PFS Category: Practice management Let’s all admit that we would like to remember all the important details, big or small, in our clients’ lives, but we need help with that. Jennifer Birchett, CPA/PFS shares how technology allows her to serve clients in their best interest and make them feel valued, including: How customer relationship management software and financial planning software and a client portal can transform your client relationships Tips on adding a personal touch in client meetings Automating technical financial planning strategies and decisions   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.

Guest(s): Deborah Meyer, CPA/PFS Category: Practice Management Deborah Meyer, CPA/PFS walks through her client experience process and the technology that helps her serve her clients in an efficient and effective manner. Learn how you can leverage technology so that you can spend your time doing what you do best and giving your clients the most valuable service – helping them achieve their financial goals. 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.

Guest(s): Bob Keebler, CPA/PFS Category: Technical The paradigm of year-end planning has dramatically shifted as a result of the Tax Cuts and Jobs Act. In this podcast, Bob Keebler, CPA/PFS provides insight into financial and tax planning opportunities, including the Section 199A qualified business income deduction to consider with your clients and implement by December 31. 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. 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 The paradigm of year-end planning has dramatically shifted as a result of the Tax Cuts and Jobs Act. In this podcast, Bob Keebler, CPA/PFS provides insight into financial and tax planning opportunities, including ”opportunity zones” to consider with your clients and implement by December 31. 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. 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 The paradigm of year-end planning has changed as a result of the Tax Cuts and Jobs Act. In this podcast, Bob Keebler, CPA/PFS provides insight into financial and tax planning opportunities, including a checklist of strategies to consider with your clients and implement by December 31. 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. 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.

Guests: Michael Goodman, CPA/PFS & Ed Jacobson, PhD Category: Professional development True leadership is showing up as who you really are and being present. What does it mean to be present? Who are you present for? How are you present for yourself? What is it like when you bring your best self, your “A game” to a situation – whether it’s with your clients, your team, or anyone else you encounter? Ed Jacobson, PhD and Michael Goodman, CPA/PFS talk about answering these questions and more to help you reflect on the inner qualifies and skills to help you be fully engaged in your professional (and personal) life and bring your best self to everyone. Dig deeper into this topic and more inspired solutions at the 2019 AICPA Personal Financial Planning Summit 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.

Guests: Lyle Benson, CPA/PFS & Marie Swift Category: Professional development How do you communicate your value to your clients? What helps them distinguish you, as a CPA financial planner, from other financial advisers? Marie Swift and Lyle Benson, CPA/PFS talk about answering these questions and more to help you dig deep: to understand what makes you special, how to internalize that and how to verbalize it to your clients. In a preview of her session at AICPA’s Personal Financial Planning Summit, Marie shares insights into some practical exercises to help you go beyond your competency and build trust with your clients by sharing your value proposition and why you do what you do. Dig deeper into this topic and more inspired solutions at the 2019 AICPA Personal Financial Planning Summit 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.

Guests: Michael Goodman, CPA/PFS & Angie Herbers Category: Professional development What does a growth barrier look and feel like? How do you define growth for your firm? What does that mean for your firm? Angie Herbers and Michael Goodman, CPA/PFS talk about answering these questions and more to help you make better decisions around growth, why you do what you do and where you’re going with it – so you’ll be able to say no to the opportunities that don’t fit and yes to the opportunities that do! Dig deeper into this topic and more inspired solutions at the 2019 AICPA Personal Financial Planning Summit 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 August 8, the IRS released the highly-anticipated proposed regulations on Section 199A for the qualified business income deduction for pass-through entities. In this podcast, Bob Keebler, CPA/PFS provides insight into advanced financial and tax planning opportunities under IRC Section 199A, including: Which businesses to aggregate and when How aggregation is different than grouping What are the “crack & pack” strategies and why they have gone by the wayside Whether you should make S-corp elections and pay wages How to create disregarded entities to create pure QBI Resetting basis under IRC Section 1014 at death Trust planning and estate administration 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. 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): Evan Carroll Category: Practice Management Robots are not coming for our jobs, but it doesn’t mean that we should keep doing our jobs the same way over time. In this podcast, learn how to embrace artificial intelligence and take your client relationships to the next level. Expert Evan Carroll covers: Types of artificial intelligence How it can help you meet client needs Myths about artificial intelligence Access the related resources from this podcast: Technology for a Planning & Tax Advisory Services Business Toolkit Blockchain and Your Planning & Tax Advisory Practice Why you Should Embrace Technology, Not Fear It 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: Ryan Firth, CPA & Shehan Chandrasekera, CPA Category: Practice management Your clients may be curious about cryptocurrency, and you want them to come to you for guidance on navigating this nuanced asset. In this podcast, “crypto” enthusiasts and practitioners share valuable insights and planning considerations that you should be aware of when advising individual or business owner clients, including: Tax considerations and guidance from the IRS Types of “crypto” clients Risks of investing in cryptocurrencies Best practices and planning strategies when advising clients Take a deeper dive into cryptocurrency at 2019 AICPA ENGAGE! Don’t miss our other technology podcasts: Why you should embrace technology instead of fear it Blockchain and your planning & tax advisory practice Cryptocurrency and your personal financial planning clients How artificial intelligence will help you deepen client relationships 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 Under the Tax Cuts and Jobs Act, Roth IRAs are still a smart retirement savings strategy for many despite the new law’s repeal of Roth recharacterizations. In this video podcast, Bob Keebler, CPA/PFS covers the advanced planning techniques, including: Roth IRA conversions in-depth Mathematics and taxation of Roth IRA conversions Estate tax and other considerations Cases and examples Access the related resources from this podcast: Presentational material  Roth IRA Basics Guidance on Planning with Roth IRAs, including charts from Bob Keebler, including Roth Quadrants, The Roth Conversion Decision, and Roth IRA Distribution Planning The CPA’s Guide to Practical Retirement 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 aicpa.org/pfp to join our community and gain access to valuable member-only benefits.

Guest(s): Bob Keebler, CPA/PFS & Jerry Schreiber, CPA Category: Technical While we cannot control what happens during a natural disaster like Hurricane Florence, we can help our clients prepare when disaster strikes and regain a sense of balance during the recovery process. Bob Keebler, CPA/PFS interviews Jerry Schreiber, CPA on: Record-keeping strategies for your clients related to disaster losses IRS filing relief FEMA and individual and public assistance Communicating with your clients and your neighbors Casualty loss deductions under tax reform Tips for contributing to disaster relief efforts under IRC Code Section 170 Actionable takeaways for advising clients Access the related resources from this podcast: Disaster financial resources for you and your clients 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): Bob Keebler, CPA/PFS Category: Technical Under the Tax Cuts and Jobs Act, Roth IRAs are still a smart retirement savings strategy for many despite the new law’s repeal of Roth recharacterizations. In this video podcast, Bob Keebler, CPA/PFS covers the basics, including: General concepts Taxation of Roth IRA distribution Mathematics and taxation of Roth IRA conversions Estate tax considerations and more Access the related resources from this podcast: Presentational material[MC1]  Guidance on Planning with Roth IRAs, including charts from Bob Keebler, including Roth Quadrants, The Roth Conversion Decision, and Roth IRA Distribution Planning The CPA’s Guide to Practical Retirement 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 aicpa.org/pfp to join our community and gain access to valuable member-only benefits.

Guests: Lyle Benson, CPA/PFS, Brooke Salvini, CPA/PFS, and David Stolz, CPA/PFS Category: Professional development CPAs and financial planning have been around for over a century. Not because we’ve stayed the same, but because we evolve and adapt to finding new ways to better serve clients. You are forward-thinking and relationship-oriented professionals. These are exciting times that bring opportunities for you to lead the profession into the future with a focus on your clients’ needs. CPA financial planners Lyle Benson, Brooke Salvini, and David Stolz share how they serve as the primary point of contact for their clients: How to communicate your value as a CPA financial planner and that you offer planning & tax advisory services How serving as a primary point of contact has impacted their clients’ lives Working together with a team of professionals to serve the client’s best interest Advice and resources for CPAs looking to serve as the primary point of contact  Access the related resources from this podcast: AICPA’s Planning & Tax Advisory Services hub Roadmap to Planning & Tax Advisory Services Workshop: Building a Tax and Financial Planning Advisory Business (preceding the Advanced PFP Conference at AICPA ENGAGE) Don’t miss the other episodes in this Building a Tax & Financial Planning Advisory Business series! Step 1: Why should I offer tax & financial planning advisory services? Step 2: How do I get started? Step 3: What are the appropriate fees to charge? Step 4: How do I approach new client meetings & offer financial planning services to current tax clients? Step 5: What is the best way to create deep relationships with clients? Step 6: How do I decide between serving as the primary point of contact or as a hyperspecialist? Step 7: How do I structure staffing and work with other advisers? Step 8: What do I need to know if I decide to offer investment advisory services? Step 9: How do I maximize use of technology? Step 10: What are the simple actions I can take now?   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 or Pod-o-Matic! And leave us a review so we can continue bringing valuable and relevant content to you.