A popular route for U.S. investment among high-net-worth foreign citizens has increasingly become domestic private equity funds. CPAs with an international practice are now frequently confronted with clients who want to know how making this investment could affect their U.S. tax exposure.

Advisory services offer a significant opportunity for CPA firms to grow their practices and provide more value to clients. By pricing services based on the benefit to the client, turning one-time engagements into recurring work, one can create a sustainable revenue stream.

It’s crucial to provide clients with informed and competent guidance as part of an overall retirement planning strategy. By leveraging a CPA's expertise, you can help clients make well-informed decisions that optimize their financial outcomes.