PFP Association News


Save the Dates! 2015 Webcast Calendar

Financial Planning Digest | Mar 26, 2015

PFP/PFS members have access to the top CPA financial planners and other nationally known speakers, thought leaders and technical experts through high-quality learning opportunities like webcasts from the AICPA PFP Section with optional discounted CPE for PFP Section members, inclusive of CPA/PFS credential holders. These resources can help members grow professionally and enhance their practices. Check the website for the latest PFP Section-sponsored webcast calendar to save the dates and register. Also, don't forget that all PFP-sponsored webcast recordings and materials are posted after the live event to the PFP Section's webcast library for PFP Section members, inclusive of CPA/PFS credential holders.


Free financial literacy webcast: 2015 Taxes: Start Your Money Plan Here

Financial Planning Digest | Mar 26, 2015

Your tax return is the road map to your life goals. So don't file it and forget it: Use it. On April 23, 1-2 p.m. ET, Chris Benson, CPA/PFS will show you how in this webcast brought to you by 360 Degrees of Financial Literacy and the AICPA PFP Division. In the context of today's dynamic tax environment, he will explain how you can use your tax return to create a well-rounded comprehensive financial plan. This seminar is free to everyone. CPE is not offered. Register now!


Register for June 2015 PFP Boot Camp in Denver

Financial Planning Digest | Mar 23, 2015

The AICPA's in-person PFP Boot Camp will be held June 17-19, 2015, at the offices of the Colorado State Society of CPAs in Denver. Whether you are preparing for the PFS exam or are interested in refreshing your knowledge in estate, retirement, tax, investment and insurance planning, the PFP Boot Camp will meet your needs, as it systematically covers the entire PFP body of knowledge in an engaging and practical three-day class. AICPA, PFP/PFS and state society members are eligible for discounts. For more information on all of our in-person, online, or on-demand PFP Boot Camps, visit aicpa.org/pfp/bootcamp.


Summer PFS Exam Dates

Financial Planning Digest | Mar 23, 2015

Register now for the 2015 summer PFS exam window from June 19 – July 31. Exams can be scheduled at nationwide testing centers. The CPA/PFS credential is the only comprehensive financial planning credential exclusively allowing CPAs to gain and demonstrate their competence and confidence in providing estate, tax, retirement, risk management and/or investment planning to individuals, families, and business owners. The AICPA's PFP Section has exam preparation options available at www.aicpa.org/pfp/pfsreview. Learn more about the exam, discounts, sponsorship opportunities and more at www.aicpa.org/PFSexam.


Podcast: Additional Distributions From IRA

Financial Planning Digest | Mar 19, 2015

In this two-minute tax update from the AICPA PFP Section, Bob Keebler discusses the Private Letter Ruling 201510060, where the IRS ruled that additional distributions from a taxpayer's IRA will not result in a modification to the series of substantially equal periodic payments made under section 72(t) of the Internal Revenue Code and, therefore, not be subject to the 10% additional tax imposed on early distributions.


Podcast: Executive Action May Increase Taxes

Financial Planning Digest | Mar 19, 2015

On March 2, 2015, the Obama administration acknowledged that it is contemplating executive action to increase taxes. Sen. Bernie Sanders outlined six steps for doing so, including two that are especially important for personal financial planners: the elimination of the carried interest tax preference and the elimination or modification of valuation adjustments to closely held business interests. In this two-minute tax update from the AICPA PFP Section, Bob Keebler discusses why executive action may not be required and what might happen if new regulations are issued.


Tax Strategies for the High-Income Individual Conference

Financial Planning Digest | Mar 16, 2015

Expand your knowledge of tax strategies for individuals, family members, businesses and private foundations at the Aria, Las Vegas, on May 18-19. Gain how-to guidance for immediate implementation while updating your contact list with our many networking opportunities. Consider taking a deeper dive into topics like retirement plan distribution, partnership tax or asset protection during optional pre-conference workshops. Register by April 3 to take advantage of the early bird discount. PFP/PFS members save an additional $100 on the early bird AICPA member price. Attend in-person or online.


Tax Season Resources from the AICPA PFP Division

Financial Planning Digest | Mar 16, 2015

The PFP Section understands your time and attention are limited -- so we wanted to alert you to resources available at aicpa.org/PFP/TaxSeason designed to support you as you approach April 15. These tools include free checklists, excerpts from popular guides, FAQs, client communication content and more to help you meet your clients' financial planning needs. Join the PFP Section and save $50 on your first year of membership when you enter promocode CPALDPFP at checkout.


Small Business Client Materials

Financial Planning Digest | Mar 12, 2015

Tax season is an excellent opportunity to remind your small business clients how your practice can provide strategic services throughout the year, not just during tax season. The CPA Marketing Toolkit for Small Business can help you do just that with co-brandable guides on key topics such as Selecting Your Small Business Legal Structure.


Free Checklist: Personal Financial Outlook

Financial Planning Digest | Mar 12, 2015

The Personal Financial Outlook from the AICPA Personal Financial Planning Section can be used as a starting point to get clients engaged in understanding their personal financial planning needs by having them answer whether they have taken proper action in key areas of planning. This tool will help you summarize your clients' financial situation and identify important issues and opportunities for planning. It covers a broad range of planning needs, including estate planning, investing, risk management, spending, goals, life changes and more. Include this checklist in your tax organizers or have new clients fill it out prior to working on a planning engagement.


Free checklist: Tax Return for PFP Checklist

Financial Planning Digest | Mar 09, 2015

Use this checklist from the AICPA PFP Section and created by expert CPA financial planners to identify financial planning opportunities in your tax practice. The checklist will help you analyze and identify key issues to consider as you prepare, review and discuss your individual tax returns with your clients. Learn more about resources from the AICPA PFP Section. Join the PFP Section and save $50 on your first year of membership when you enter promocode CPALDPFP at checkout.


Affordable Care Act tax season resources

Financial Planning Digest | Mar 09, 2015

CPAs are tasked with helping clients navigate the mandatory health insurance provisions of the Patient Protection and Affordable Care Act. This AICPA webpage features a variety of materials directly related to filing 2014 individual tax returns.


Podcast: Leadership Update

Financial Planning Digest | Mar 05, 2015

This podcast (with slides) features PFP Executive Committee Chair Lyle Benson. Tune in to learn more about trends in the profession and how CPAs can respond and capitalize on these changes, and other topics including the three "whys" framing the Division's strategic direction, the results of a recent survey on the economic benefit of providing PFP services, two media efforts to increase awareness of CPA financial planners, PFP resources for PFP/PFS members, legislative and regulatory issues, and upcoming dates and preparation options for the PFS exam.


March Inside Information

Financial Planning Digest | Mar 05, 2015

The March 2015 edition of Inside Information* covers tech trends today, how to get into the 401(k) business, the future of exponential technologies and crowdsourced breakthroughs, and Bob Veres' parting thoughts on bringing the planning world together. *Access to Inside Information is a benefit of PFP/PFS membership, which is an individual membership. If your colleagues would like access to this newsletter service, they can either purchase directly from Bob Veres or sign up for PFP membership.


Forefield Materials for National Consumer Protection Week

Financial Planning Digest | Mar 02, 2015

March 1-7 is National Consumer Protection Week, the perfect time to advise your clients on a variety of consumer protection issues. Forefield Advisor offers several concept pieces and videos that you may find useful in communicating with your clients and prospects during National Consumer Protection Week. PFP/PFS members have free access to Forefield Advisor (a $469 value), a client education and communication tool. Not a PFP/PFS member? Join the PFP Section and save $50 on your first year of membership when you enter promocode CPALDPFP at checkout.


Registration Open for June PFP Boot Camp in Denver

Financial Planning Digest | Mar 02, 2015

The AICPA's in-person PFP Boot Camp will be held June 17-19 at the offices of the Colorado State Society of CPAs in Denver. Whether you are preparing for the PFS exam or are interested in refreshing your knowledge in estate, retirement, tax, investment, and insurance planning, the PFP Boot Camp will systematically cover the entire PFP body of knowledge in an engaging and practical three-day class. AICPA, PFP/PFS, and state society members are eligible for discounts. For more information on all of our PFP Boot Camps, in-person, online, or on-demand, visit aicpa.org/pfp/bootcamp.


New Repair Regs Resources

Financial Planning Digest | Feb 26, 2015

On Feb. 13, the IRS released Rev. Proc. 2015-20. The much-anticipated revision permits small businesses to change a method of accounting on a prospective basis and avoid completing and filing a Form 3115. To ensure that the AICPA is providing its members with the most reliable information, we have updated our Tangible Property Resources webpage, which contains sample 3115 resources (for applicable businesses) such as a repair regs flowchart, a sample client letter, an overview of the tangible property regulations, links to current and previous regulations, and more. Most resources on this page are open to all AICPA members.


Advanced PFP Conference Video/Audio Recordings and Materials Available

Financial Planning Digest | Feb 26, 2015

Video and audio recordings, as well as presentation materials, from the 2015 Advanced Personal Financial Planning Conference are available from AICPA Conferences. Registered conference attendees have complimentary access when they log in to the site (see instructions on how to access the materials), while others can create an account to purchase recordings and presentation materials. Registration is now open for the 2016 conference, January 18-20 at the Bellagio, Las Vegas or online. PFP/PFS members save an additional $100 on the early bird AICPA member price.




Sign up for Financial Planning Digest



Designed specifically for CPA personal financial planners and others interested in financial planning, Financial Planning Digest is a FREE monthly e-mail newsletter from the AICPA. It provides the most important and timely news stories to support personal financial planners. Learn more