May 22, 2020
Guest: Robert Keebler, CPA/PFS
Do you have clients who have had coronavirus-related health or
financial issues? The CARES Act retirement plan and IRA provisions
may be able to provide them with cash flow relief. Use your deep
tax knowledge as a CPA financial planner to help your clients make
smart planning moves now. Be sure to follow along with the slides
included in the resources as you learn from Bob Keebler, CPA/PFS,
in this episode. He answers questions from Sections 2202 and 2203
of the CARES Act, including:
- What are the rules for retirement plans and IRAs?
- What qualifies as a coronavirus-related distribution?
- What is the tax impact of taking a coronavirus-related
- What are the loan relief provisions?
- Are employers required to adopt the distribution and loan
- What planning opportunities should you consider and when should
you exercise caution?
Access the related resources from this podcast:
The episode is brought to you by the
AICPA’s Personal Financial Planning Section (www.aicpa.org/pfp), the premier
provider of information, tools, advocacy and guidance for
professionals who specialize in providing tax, estate, retirement,
risk management and investment planning advice and by the CPA/PFS
Credential (www.aicpa.org/pfs) program which
allows CPAs to demonstrate competence and confidence in providing
these services to their clients. Visit us online at www.aicpa.org/pfp to
join our community and gain access to valuable member-only
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