CPA financial planners frequently are asked to review proposals from investment managers. While these assignments can be challenging, the following strategies can help guide individuals…
Death is unexpected for many people, but avoidable for none. Likewise, a sudden disability is never planned for. For business owners, being prepared for the…
TFA | Identity Theft
Tax and Financial Considerations
Identity theft continues to be a serious issue for individuals and businesses. According to Javelin Research's 2016 Identity Theft Study, $15 billion was stolen from…
Disasters result from natural causes, such as storms, floods, fires, and earthquakes, and from human activity, such as riots and terrorist attacks. Unfortunately, disasters have…
Many CPAs are knowledgeable about financial planning, and they do an excellent job advising their clients. When planning for themselves, however, problems arise because many…
When a spouse dies, the surviving spouse often goes through a period of emotional upheaval. Nevertheless, the other proverbial certainty—taxes—remains. Missteps can be costly and…
One of the functions of a CPA financial planner is to help individuals formulate an investment plan based on their long-term goals. One of the…
No one likes to think about death, especially of a loved one, but the failure to prepare for it can be self-defeating. Preparation creates emotional…
Census data shows that approximately 12% of all couples living together are unmarried, up from barely 1% 50 years ago. Unmarried couples can be of…
Many CPAs perform financial planning services, as do numerous other types of professionals. This article provides an overview of different kinds of financial advisors and…
In Brief Buying or selling a home is one of the most significant financial transactions many individuals engage in. The authors examine the various ways…
Tax and Financial Retirement Strategies
2016 Max Block Award Honorable Mention in the Area of In Focus/Feature
In Brief With the Baby Boom generation facing retirement, America may soon witness the largest wealth transfer from one generation to another in its history.…
For most students, the price of higher education is steep and getting steeper. Annual increases in the cost of higher education have consistently outpaced the…
SLT | New York State and City Prior Net Operating Loss Conversion
An Overview of a Complex Area in Recently Enacted Legislative Reform
New York State and New York City's corporate net operating loss carryover rules have always been an area of confusion, and they have been made…
Many individuals desire to make charitable bequests but are not certain how to do so or how they work. This is an area where a…
Despite the best of intentions when couples say, “I do,” more than a few will find themselves eventually saying, “I don't.” Aside from the emotional…
More than 2.1 million couples get married in the U.S. each year (http://www.cdc.gov/nchs/nvss/marriage_divorce_tables.htm). Few probably give any thought to the tax implications of their union.…
Instead of looking at Social Security as a government entitlement that one should start receiving as soon as eligible, one should consider it an investment…
Helping Individuals Determine Their Investment Goals
Drafting an Investment Policy Statement
Many individuals are vague or unrealistic about their goals and how to achieve them. CPAs can use their “database” of knowledge of their clients and…