What 199A Regulations Mean for You

Posted by Robert L. Arone – Tax-Saving Opportunities for Business Owners Are any of your business-owning clients curious about the new Section 199A deduction? Although the deduction became effective on January 1, 2018, guidance on how it would be calculated was delegated to the Internal Revenue Service (IRS) by Congress. For months, financial and tax professionals have speculated about various aspects of this new deduction since Congress gave us little concrete guidance to work with. New Developments in August 2018 But on August 8, 2018, the IRS released proposed regulations that answered many pressing questions about losses as well as how to account for multiple businesses. We can now more accurately project or estimate how much of a deduction a client is entitled to. Fortunately, these new proposed regulations introduced many new planning options for your clients. Unfortunately, an overabundance of options can lead to confusion and missed opportunities without

Financial Planner vs. Financial Advisor – what’s the difference?

Posted by Gerald J. Turner – At first glance, the terms “financial advisor” and “financial planner” may seem interchangeable. However, when seeking the advice of a financial professional, it’s crucial to know which type of expert you need. Here is a quick overview of each professional, what they offer, and which one you need: Financial Advisor A financial advisor is a generic, broad term for a person who can help you manage your finances. Advisors can help with managing your investments, buying or selling stocks, or give general tax or budgeting advice. Advisors should hold a Series 65 license which is earned by passing the Uniform Investment Adviser Law Exam. This test covers legal issues, regulations, ethics and fiduciary duties, as well as portfolio management best practices and strategies. However, the National Association of Personal Financial Advisors, claim there are more than 100 different certifications available that a financial advisor

Preparing for the Rising Costs of Education

Posted by Robert L. Arone – 5 Strategies to Help Pay for a Child’s Academic Future Higher education costs are just that – higher. The steady increase in educational expenses means your clients have much steeper bills for their children’s college tuitions than they had for their own. To illustrate how stark this contrast is, the average cost of tuition has increased 213 percent in the last 30 years.[1] To make matters worse, there is no end in sight for this trend. It’s understandable that the price of higher education is one of the biggest worries looming in your clients’ minds. A defined goal, such as a large purchase or a child’s educational needs, provides much more motivation to clients than an amorphous, abstract goal. As their financial advisor, you are uniquely positioned to help your clients utilize educational savings tools they may not otherwise be familiar with. Not only will

When Aged Parents Refuse to Discuss End-of-Life Care

Posted by Eric P. Rothenberg – No one likes to discuss their own death, as if talking about it will somehow hasten it, or not talking about it might prevent it from happening! By encouraging your parents to prepare for the end of their lives, you are not only acting as a responsible and loving child, but you are saving time, money, and heartache for yourself and the rest of your family. All parents want to leave their children as much as they can as a legacy, and that’s precisely why estate planning is beneficial to them as well. A short answer: if they become incapacitated before signing a durable power of attorney or their will, you are out of luck and their estate will pass under intestacy laws [when there’s no will]. In approaching your parents next time, it may be best to remind them that while making end-of-life

4 things to know about a Financial Power of Attorney

Posted by Gerald J. Turner – Most of the information you find about financial powers of attorney regards the person assigning the power to another person. However, it is essential to understand what your duties and responsibilities entail if you are named as the attorney-in-fact under an older loved one’s power of attorney. It is an important responsibility to be asked to care for another person and keep track of his or her money. Unfortunately, the adult child or other loved one who has been asked to have financial power of attorney often does not have all the information or resources they need to be successful. Here are a few tips to help you stay on the right track: 1. Do not commingle funds. It is imperative that you keep your personal finances separate from the elder’s. Money should not be mixed, nor should it be transferred from one account

Articles

What 199A Regulations Mean for You

Financial Planner vs. Financial Advisor – what’s the difference?

Preparing for the Rising Costs of Education

When Aged Parents Refuse to Discuss End-of-Life Care

4 things to know about a Financial Power of Attorney

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© 2025 by Orsi Arone Rothenberg Turner, LLP. All rights reserved.

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Articles

What 199A Regulations Mean for You

Financial Planner vs. Financial Advisor – what’s the difference?

Preparing for the Rising Costs of Education

When Aged Parents Refuse to Discuss End-of-Life Care

4 things to know about a Financial Power of Attorney

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How Can We Help?

© 2025 by Orsi Arone Rothenberg Turner, LLP. All rights reserved.

Attorney Marketing by Bardorf Legal Marketing

Have A Question?