Only the most dedicated professionals would attend a session about the NIIT on a Friday at 4 ET less than a week before Christmas, but attendees were amply rewarded. Bob didn’t drill down into taxation the way he would when speaking to CPAs. He did something better. Keebler tailored his lesson to financial advisors.
 

Because the A4A audience is comprised of financial advisors and not tax-preparers, your entry point and role in advising clients on NIIT is different from a CPA’s, and Keebler’s remarks addressed what financial advisors need to know to advise clients on NIIT. Classic Keebler!
 

Keebler says the tax practice at accounting firms these days does not provide revenue year-round. So accounting firms are more interested in advising businesses and other services more lucrative than personal taxation. Your local CPA is typically less focused on tax practice, especially outside of the January 1 to April 15 filing season.
 
However, when this surtax was adopted by Congress, it was expected to raise tax revenue of $20.5 billion in 2013 and projected to generate about that amount annually for 10 years. Keebler expects it to affect about 5% of taxpayers, but a much larger number of advisor clients.
 
The Net Investment Income Tax is imposed by section 1411 of the Internal Revenue Code. The NIIT applies at a rate of 3.8% to certain net investment income of individuals, estates and trusts that have income above statutory thresholds.
 
Financial advisors can play a meaningful role in educating clients about this tax because you know about the investment side of the client’s life. So please view this webinar and get on the phone with some of your clients who might subject to the NIIT. While it is kind of late in the year to be doing this, they'll appreciate the call and that you were trying to save them money on taxes.
 
Here are the reviews from attendees of Bob Keebler's session on the NIIT:
 
·       Excellent but a lot to digest and he went a little fast over some complex issues...
·       Excellent update and presentation.
·       Mr. Keebler does a beautiful job of explaining a complex topic.
·       Well worth the time to identify problem areas that could require additional research.
·       Bob's presentation was excellent as always. He takes the IRC and makes it simple to understand and explain to clients. Thanks
·       Very precise and helpful.
·       Very excellent
·       Superb discussion of combining tax planning with financial planning.
·       If a planner has a big case, is Bob available to provide inpuit - does he do hourly? Rate? What information would be needed? Does he have a questionnaire?
·       As Andy put it so well, it was another blockbuster presentation by Bob Keebler and the focus on the 3.8% surtax (without introducing a lot of other tangential topics) was effective because it allowed everyone to try and focus on just that one issue. This is conducive to mastering the single topic of the 3.8% surtax and the use of examples was illustrative. I would suggest that similar focus be made on future Keebler webinars on a single aspect of the new law as was done today. Thank you.
·       Very Timely. Thank you
·       Bob Keebler is always very helpful w/relevant content and an easy to follow presentation.
·       Wow. This is just what I needed to help wrap the year. My focus since December 7th has been on Atlas program 33, an oil and gas partnership that offers a 94% writeoff for 2013. Thanks very much for aiding my understanding of a problem area begging for a solution right now.
·       Bob, Excellent as always. The examples were beneificial and thanks so much for the clarification about what's included and not included. Big help!!!
 

 

 

 

This Website Is For Financial Professionals Only


A Strategically Focused CE Curriculum

With classes approved for over a decade by the CFP Board, IWI, and NASBA, Advisors4Advisors CE classes are an optimal knowledge stream for CFP®, CIMA®, CPA, CPA/PFS®, CFA®, and other practitioners. It's not a grab bag of speakers willing to sponsor CE content. Nor is it a one-man CE course. It's a group of subject matter experts with amazing communication skills and a history of thought leadership that, together, give advisors a well-rounded knowledge system for running a professional practice ethically and intelligently.

CE Since October 2008

A4A CE classes for financial professionals began in October 2008, the week Lehman Bros. collapsed. Initially billed as “The Financial Crisis Webinar Series,” A4A connects advisors with authoritative sources on investing, tax, and financial planning, chosen by A4A Editor Andrew Gluck, a veteran financial reporter. A4A members get a stream of CE classes for an advisor who: 

  • holds a CFP®, CIMA®, CPA, CPA/PFS, CFA or other designation requiring CE annually 
  • values monthly CE classes by Fritz Meyer, Craig Israelsen, Bob Keebler, Frank Murtha, or Andrew Gluck
  • diversifies a core of client portfolios in low-expense funds
  • invests based on MPT and economic fundamentals
  • advises on tax and financial planning as well as investing
  • needs financial counseling skills
  • wants the Certified Financial Counselor™ designation 
  • is building a brand as a thought leader locally or in a niche
  • wants the facts when bad news breaks
  • wants CE aligned with a content marketing system
  • wants 24/7 access to CE on-demand
  • insists on objective evidenced-based tax and investment planning analysis
MEMBER REVIEWS 
William Desormeau, Jr.  
It is not possible for me to overstate the cumulative value that Craig, Bob and Fritz have added for over 10 years to my investment advisory practice, as well as for personal and family financial planning. A4A gets my highest recommendation
Lynn Najman, CFP®
I’ve subscribed to A4A since its inception, and always find it intellectually stimulating and on point. It’s one of the few CE solutions out there that doesn’t waste my time by pushing product or talking down to me.

PeteDeacon-CPA-CFP

Pete Deacon, CPA, CFP®
A4A has had a profound effect on my business. Since 2009, I’ve relied on the consistent messaging and updates to run my business successfully. Being able to present the information from Bob, Fritz, and Craig's ongoing CE webinars has been a significant benefit.

fredericMayersen-phd-cfp

Fredric Mayerson, MBA, PhD, CFP®
I've been a financial professional and professor of finance for 35 years and find Fritz Meyer and Robert Keebler to be among the most engaging, incredibly knowledgeable, and experienced presenters I’ve encountered. They deliver an extraordinary amount of information in an extremely interesting way — sequentially and developmentally, utilizing pedagogical tools and techniques that few possess.  A4A to is the most consistently excellent CE program available.  
Ron Roge, MS, CFP®
I’ve been attending A4A many years because the CE classes are outstanding, and my time is valuable. Though I have over 35 years of experience, I’m always learning something new on A4A. I attend fewer conferences now because the CE is generally not advanced. If you want to learn from the best, in a faster, easier, and less expensive way, I highly recommend A4A.

John R. Day, CPA/PFS®

I’ve been a member since 2011 and never miss the monthly webinars with Fritz Meyer. I appreciate Fritz’s independent views on the economy and markets and Bob Keebler keeps me updated on excellent tax planning ideas. A4A is a great value!

NormanPolitzinerCFP

Norman Politziner, CFP

I wouldn't miss a Fritz Meyer webinar unless my pants were on fire. I've relied on Andrew Gluck's knowledge systems --client communications and CE -- for two decades. It's simply the best solution for tax, financial, investment, and risk-management professionals.®   

Dan Hawley, CFP® 

A4A, for over a decade, has been a great resource for useful and accurate information and CE. A4A and Advisor Products are bargains for an advisory practice. 

KevinBrosious-CFP-CPA-PFS

Kevin Brosious, MBA, CFP®, CPA/PFS®

I get CPA CE credit and CFP credit for the webinars.  But not only that, the A4A content is terrific