Tax Advisors

CPAs looking to grow their practice revenue and services should strongly consider partnering with Retirement Actuarial Services. Over the last five to ten years, the landscape of what clients expect from their CPAs and advisors has significantly transformed. Offering just traditional services like tax preparation, audits, and financial statements is no longer sufficient. As the AICPA highlighted, CPAs are increasingly seen as their clients’ “most trusted business advisors,” a role that demands a deeper, more strategic engagement with clients’ financial futures.

In alignment with this evolving role, advisors are also facing similar pressures. Clients today are not merely seeking compliance-related services; they are looking for comprehensive, proactive planning and solutions-driven strategies that address their broader financial goals. This shift in demand is creating a unique opportunity for CPAs to differentiate themselves by expanding their service offerings beyond the conventional. By integrating services such as retirement planning, tax-efficient wealth management, and actuarial services, CPAs can meet the growing needs of their clients and position themselves as indispensable partners in their clients’ financial success.

One area where CPAs can particularly add value is in advising clients on advanced retirement planning strategies, such as the Designer DB Plus® plan. This highly customized, flexible combination plan goes beyond the traditional 401(k), SEP, Solo 401(k), and Simple IRA plans. Designer DB Plus® plans offer significant advantages, allowing employers to deduct hundreds of thousands of dollars annually in profitable years and reduce contributions in other years based on their financial circumstances. This flexibility is particularly appealing to business owners and high-income professionals who seek to maximize their retirement savings while maintaining control over their contribution’s year-to-year.

In addition to offering these advanced strategies, Retirement Actuarial Services is approved by the National Association of State Boards of Accountancy (NASBA) to teach a 1-hour continuing education course on these types of advanced tax reduction and accelerated retirement plans. This accreditation allows CPAs to not only expand their knowledge but also to fulfill their continuing education requirements while learning about cutting-edge strategies that can directly benefit their clients.

The benefits of such a partnership with Retirement Actuarial Services extend beyond just meeting client expectations. By offering a broader range of services, including expert guidance on advanced retirement strategies like the Designer DB Plus® plan, CPAs can create an ongoing stream of referrals, driving new business growth. When clients feel that their advisor is genuinely invested in their long-term financial well-being, they are more likely to recommend that advisor to others.

For many business owners, the success they’ve achieved also brings significant challenges, particularly in terms of managing high tax liabilities. As these individuals approach retirement, they often seek ways to maintain the lifestyle they’ve worked so hard to build. This is where a partnership with Retirement Actuarial Services can be particularly valuable. By offering specialized retirement planning, including advice on the most suitable retirement plans and tax-efficient strategies, CPAs can help their clients navigate the complexities of wealth preservation and ensure a comfortable retirement.

Ask us about the different models we have available to help you increase your firm’s revenue.

Or book a complimentary 1-hour CPE course credit on Designer DB Plus® Tax Reduction and Accelerated Retirement planning strategy.