With the increased demand for financial planners and the integrated nature of clients’ financial situations, CPAs are well positioned to address these needs in an objective and ethical manner. Based on the AICPA Competency Framework: Tax and Personal Financial Planning, these learning resources are designed to help CPA financial planners enhance their competency and understand the knowledge and skills necessary to provide specialized and integrated financial planning engagements whether in tax, estate, retirement, investments or insurance planning.
Take a knowledge check to evaluate your proficiencies and find related learning resources.Get started
Clients in the early stages of Alzheimer’s disease may still be able to take part in financial planning. Learn what precautions CPAs need to take.
This article discusses the rules governing the effects of lapses and restrictions on voting or liquidation rights of owners on the valuation of family-held entities.
This article summarizes the general rules related to the income taxation of estates and trusts and much more.
This article describes tax planning opportunities to be considered for the final income tax return when the client is approaching death.
This article discusses relief available to the executor of an estate that fails to elect portability by failing to timely file an estate tax return.
This blog post provides some simple steps to reduce the confusion and increase the efficiency of executing a will or trust.
CPAs, their clients, and other advisers should review funded irrevocable trusts for the points described in this article.
This article discusses how use of a simple flowchart can be an effective tool for ensuring a client’s wealth transfer goals are continually being met.
Inheritance issues brings with it a wide range of emotions that CPA financial planners may need to help clients work through.
This podcast discusses the facts of the Estate of Barbara M. Purdue case as well as what to consider when planning for your clients.