Retirement
Checklists
The Montana Society of CPAs recognizes the baby boomer generation is retiring in large numbers. To help ease the transition, our members came up with a few checklists to help get you and your employer ready for retirement.
FIRM
For CPAs retiring from a firm.
INFORMATION COMING SOON
BING
For CPAs retiring from business, industry, non-profit, or government entity
INFORMATION COMING SOON
SELLING
For CPAs looking to sell their firm and retire.
INFORMATION COMING SOON
News
When death and taxes meet
June 28, 2023
The death, illness or even just retirement of a practitioner can leave behind not just an untended practice but many unanswered questions and a great deal of uncertainty about consequences for clients.
7 Major Retirement Risks to Avoid
June 13, 2023
The way people plan for retirement has changed dramatically over the last several decades. Those nearing retirement should avoid underestimating their longevity as well as stock market volatility. Here are the seven biggest risks retirees should avoid at all costs, along with tips to address them.
5 steps to align a firm sale with your aspirations
December 13, 2022
Know the value of your firm by having a formal valuation done by a third-party professional; otherwise, you could leave money on the table. Ask for advice from an attorney, advisor, or coach. Take their advice seriously. Put everything in writing; if it is not written down, it does not exist.
Ready to retire? Consider a partner buy-in
September 20, 2022
As more baby boomers retire, more professional CPAs are needed to take over firm leadership nationwide. By 2030, all baby boomers will be over 65. It's been dubbed the Great Retirement and the Silver Tsunami, and it gives up-and-coming CPAs an opportunity for new partners to buy into existing firms. But how?