Advanced Bond Laddering Strategies: Strengthening Retirement Income
Retirement planning is ultimately about building confidence in your long-term financial picture. Markets move, tax laws change, and interest rates rarely sit still for long. In this shifting environment, many practice owners look for strategies that provide steadiness and a way to create order and predictability without sacrificing flexibility. Bond laddering has long been one […]
Part 2: Coordinating Retirement and Succession for Your CPA Practice
Integrating Retirement Planning Across Succession Phases In Part 1, we looked at how retirement planning strengthens the core pillars of a CPA firm’s succession strategy, from retaining key staff to easing buyouts and managing liquidity. Today, we’re taking the next step: walking through each phase of a real-world succession—Preparation, Transition, and Post-Transition—and showing how retirement […]
Two Plans, One Future: Coordinating Retirement and Succession for Your CPA Practice
Aligning Retirement Plans with Key Succession Goals Many CPA firm owners are in their 50s and 60s, nearing the typical retirement horizon. Yet studies indicate that only about 41% of accounting firms have a formal succession plan in place. icpas.org That means a majority haven’t fully mapped out who will take over the reins when […]
Year-End Moves for CPA Firm Owners Nearing Retirement
The year is drawing to a close, and if you’re approaching retirement, you could be facing a unique window of opportunity. You’re likely closing client books and sending out tax reminders. At the same time, you could be implementing strategies that reduce your own taxes, bolster retirement savings, and set the stage for a smooth […]
Social Security for CPAs: Why the 2025 Rule Changes Rewrite Old Strategies
In 1983, Congress rewired Social Security to survive another generation. Among other shifts, that law set a slow-motion rise in the Full Retirement Age that would not fully hit until those born in 1960 reached their sixties. The last decade brought more change. Popular maneuvers like file-and-suspend and restricted applications faded into the history books, […]
Maximizing Tax Efficiency with CPA Retirement Plans
It’s December, and you realize you’ll owe a hefty sum to the IRS. Instead of writing that check to Uncle Sam, what if you could funnel a big chunk of that money into your own retirement savings and get a tax break for doing so? The final quarter is a critical window for CPAs who […]
When to Use Private Placement Life Insurance
High income and successful business growth come with a catch: greater exposure to taxes, market volatility, and estate planning challenges. In an era of rising tax uncertainty and longer lifespans, even financially savvy professionals can feel overwhelmed by how to shield wealth from taxes while securing a comfortable retirement. The good news is that there […]
Private Foundations vs. Donor-Advised Funds: Which Structure Fits Your CPA Legacy?
Over decades of building your CPA practice, you’ve focused on balance sheets and bottom lines. But as retirement approaches, a new question looms: how will you balance giving back with winding down? In other words, what kind of legacy do you want to leave, and what’s the smartest way to do it? For many CPA […]
What Insurance Policies Should Go In Trusts?
Over your career as a CPA practice owner, you’ve likely built up a variety of financial assets – from retirement accounts to maybe a couple of insurance policies. As retirement approaches, it’s natural to wonder if you’ve structured everything optimally. One area that often flies under the radar is how your insurance policies are owned. […]
Does the One Big Beautiful Bill Affect Your CPA Retirement?
Imagine looking up from a busy tax season and discovering that Congress just passed a sweeping new tax law with the audacious name “One Big Beautiful Bill Act.” Signed into law over the July 4, 2025 weekend, this multitrillion-dollar package blends major tax cuts with spending changes to the social safety net1. As a CPA […]
