Life Cycle Planning for the CPA Practice

As a CPA you have considerable business, tax, and planning expertise. You have the wherewithal to evaluate and finalize a significant range of decisions before retaining an attorney to reduce those decisions to formal agreements. But the consequences can be considerable and costly. Whether you are starting your first solo practice, retiring, or somewhere between, this book will provide you the resources you need to really “hash out” the details of all your major practice decisions and go to your lawyer with clear instructions on exactly what documents you need and what they should contain. In each chapter of the book you’ll get a sense of the issues surrounding a specific practice milestone such as leasing or buying office space, merging with another practice, promoting staff to partner, or winding down, to name a few.

Companion CD-ROM

The companion CD-ROM provides over 700 pages of indexed, searchable, annotated sample forms and checklists. By reviewing the appropriate chapter and then following the checklists you and your colleagues can comprehensively “work out” the details of your next practice milestone and instruct your attorney in a way that will allow for efficient drafting of exactly the right documents to protect your interests.

About the Author

Martin Shenkman, CPA, MBA, JD, an attorney in private practice, is author of thirty-two books and more than seven hundred articles. He is quoted in the financial media, and has appeared on The Today Show, CNBC, CNN-FN, and others.