Free Webcast from AICPA Shows How to Use Tax Returns as Financial Roadmaps

NEW YORK--()--Although tax filing day has come and gone, your tax return should not be stored away and forgotten. In the context of today’s dynamic tax environment, a tax return often offers the most complete picture of an individual’s finances and therefore can be used to create a well-rounded comprehensive financial plan.

To help individuals use their tax return as a financial roadmap, 360 Degrees of Literacy and the AICPA’s Personal Financial Planning Section are offering a free consumer webcast on April 28 from 1:00 to 2:00 P.M. EDT. Among the topics financial planner Christine Romsdahl, CPA/PFS will discuss are planning steps to take in the current tax environment, how to ensure your retirement plan delivers, how to evaluate your investment strategy, and how to protect your assets.

Topics to be discussed are:

  • Forms 1095 A, B, and C, part of the Affordable Health Care Act—do you need to comply with the new shared responsibility payment, what fee you might have to pay if you don’t have health insurance, and do you get an additional premium tax credit or have to pay some back if you bought insurance through the health care marketplace?;
  • Late and amended Form 1099 on brokerage accounts—should you file for an extension or an amended return and do you need to file an amended return for a small adjustment?;
  • Required minimum distributions—what is your marginal tax rate on the RMD’s from your qualified accounts?; and
  • Taxes on Social Security benefits—why am I paying taxes on my Social Security benefits?

WHAT: 2016 Taxes: Start Your Money Plan Here. A CPA Financial Planner will discuss how individuals can use their tax return as a financial planning tool.

WHO: Christine Romsdahl, CPA/PFS

WHEN: Thursday, April 28, 2016, 1:00 – 2:00 P.M. ET

HOW: Reporters and the general public can register by clicking on the following link.
2016 Taxes: Start Your Money Plan Here

Note to editors: to speak with Christine Romsdahl, CPA/PFS after the webcast, contact Marc Eiger at 212-596-6042, meiger@aicpa.org or James Schiavone at 212-596-6119, jschiavone@aicpa.org.

About the AICPA

The American Institute of CPAs (AICPA) is the world’s largest member association representing the accounting profession, with more than 412,000 members in 144 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialty credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants (CIMA), it has established the Chartered Global Management Accountant (CGMA) designation which sets a new standard for global recognition of management accounting.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

Media representatives are invited to visit the AICPA Press Center at aicpa.org/press.

Contacts

American Institute of CPAs
Marc Eiger, 212-596-6042
meiger@aicpa.org
or
James Schiavone, 212-596-6119
jschiavone@aicpa.org

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Free Consumer Webcast from AICPA Shows How to Use Tax Returns as Financial Roadmaps on April 28

American Institute of CPAs