Retirement Tax Services Podcast

Steven Jarvis, CPA, welcomes Brian Smith of Foundational Income Associates back to discuss the difference between life expectancy and longevity and why that distinction matters in financial planning. They explore how advisors can use data and longevity calculators rather than arbitrary ages when building retirement plans. The discussion also highlights how longevity risk can compound other retirement risks, including market and healthcare risk. Brian shares a case study involving a 60-year-old teacher where incorporating guaranteed lifetime income helped improve the plan's probability of success. They also discuss how advisors can use professional resources and specialists to navigate the growing complexity of retirement planning. Ultimately, the conversation is about making intentional, data-informed decisions instead of allowing longevity assumptions to happen by default.
https://zurl.co/U4lEy

Steven Jarvis, CPA, is joined by Michael Belluomini and Liam Heffernan of Carson Group to discuss what makes an advisory firm attractive to potential partners and how advisors can build a stronger, more valuable business. They explore organic growth, documented processes, delegation, client service, and the importance of talking with advisors who have already gone through a transaction. They also discuss the resources a larger firm can provide and why advisors should build a business that is ready to sell even if they never plan to sell it.
https://zurl.co/rWGLv

Brad Wooten, CPA, joins Steven Jarvis, CPA, to share his firsthand experience opening Trump Accounts for his three children and why he views them as long-term retirement savings. They discuss how the accounts work, what happens when children turn 18, and why future Roth conversions and kiddie tax considerations matter. The conversation then shifts to the relationship between financial advisors and CPAs and how advisors can be appropriately tax-aware without overstepping. Brad shares real-world examples of clients facing unexpected tax bills because financial decisions were made without enough communication about their tax consequences. Steven and Brad emphasize that advisors do not need to become tax experts to improve collaboration with CPAs. Instead, proactive communication and simply recognizing that financial decisions can have tax implications can go a long way.
https://zurl.co/R9rb7

In this episode, Steven Jarvis, CPA, sits down with Jonathan Steele to discuss the evolving role of tax planning within financial advisory firms. Jonathan shares how his background in behavioral finance and hospitality has shaped his client experience, emphasizing that empathy, communication, and trust are just as important as technical expertise. They also explore why more independent firms are bringing tax preparation in-house, the challenges of creating a high-touch tax experience, and why integrating tax planning is becoming a competitive necessity rather than an optional service. The conversation highlights the importance of continuous learning, strong professional relationships, and delivering exceptional client service across every aspect of the financial planning process.
https://zurl.co/SmPB3

In this episode, Steven Jarvis, CPA, is joined by Brian Beck to discuss how financial professionals can build a practice around proactive tax planning. Brian shares how his firm has incorporated taxes into every client conversation for more than 30 years and why tax planning should begin immediately after tax season ends rather than waiting until year-end. They discuss the benefits of a subscription-based model, how it encourages clients to stay engaged with their financial planning, and how advisors can create stronger relationships with CPAs through collaboration instead of competition. Brian also explains how his firm structures CPA partnerships, handles tax preparation through outside providers, and the importance of understanding compliance requirements when adding tax services. The conversation highlights practical steps advisors can take to become more comfortable with tax conversations, including reviewing tax returns and learning the language of tax professionals.
https://zurl.co/1MQqn