OCTOBER 2023: Tax Planning
COVER STORY
Tax Planning for the Modern Digital Nomad
By Bryan Kirk
Clients who WFH or retire abroad are still U.S. taxpayers and may benefit from an inter-jurisdictional team of advisers.
PRACTICE MANAGEMENT
Shifting the Mindset: Making the Move from Practitioner to CEO
By Greg Opitz
Planners stepping into leadership roles should start looking at the firm as an asset on their balance sheet.
FPA NEXT GENERATION PLANNER
Lead Article
AI: A Good or Evil in Building Rapport and Trust?
By Michael Kothakota, Ph.D., CFP®, and Sonya Lutter, Ph.D., CFP®, LMFT
Featured Article
Selected Estate Planning Cases and the Lessons They Taught Us
By George Urist, CFP®, and Courtney Arria, CFP®
Skill Builder
Unlocking the Power of Forms 8821 and 2848 to Amplify Your Tax Services
By Blake Pinyan, CFP®, EA
Planner Poll
What types of communication do your clients value the most?
Planning a STUDY GROUP? Check out suggested questions and other resources to make your study group a success!
COLUMNS
Estate Planning
Essential Estate Planning for Young Adults
By Philip Herzberg, CFP®, CDFA, CTFA, AEP, and Karl Schwartz, CPA, CFP®
The cornerstone of financial planning is preparedness, and accidents and illness can happen to anyone.
Fintech
The Future of Tax Planning: Leveraging Generative AI in High-Net-Worth Contexts
By Dani Fava
Artificial intelligence could help planners optimize their HNW clients’ complex tax planning needs.
Leadership
No Boundaries Leadership
By Barbara Kay, LPC, RCC, TIPC
How do leaders respect their team’s work–life balance when the boundary between work and life gets increasingly blurry?
Marketing
Dip into Drip Campaigns
By Kalli Fedusenko
Automation and clear segmentation help planners deliver the right marketing message to the right prospects.
RESEARCH
Examining the Conventional Wisdom of Municipal Bond Investments and Use in Financial Planning
By Timothy M. Todd, Ph.D.; Stuart Heckman, Ph.D.; and Maurice MacDonald, Ph.D.
Municipal bonds are a specialized form of investment that offer exemption from taxation and are generally seen as a safe investment. This paper examines different groups’ investing habits in municipal bonds and why planners should recommend them.
Earn one CFP CE® credit by reading this month's Journal and access past exams for additional credits.
DEPARTMENTS
STARTING THOUGHTS
Troubleshooting Uncertainty
By Danielle Andrus
OBSERVER
Future Proofing Tax Changes, AI vs Social Media, Fewer Plan to Wait Until 70 for Maximum Benefits
Stat Bank
JFP ACADEMICS
Upcoming Research
IN CASE YOU MISSED IT
Who Uses Social Media for Investment Advice?
By Miranda Reiter, Ph.D., CFP®; Di Qing, Ph.D.; and Morgen Nations
Social media is a growing source of financial information via “finfluencers.” Not everyone is as receptive to financial information received this way, and investors’ investment choices may reflect the information received.
