A resource for guiding clients through the economic storm.

Advising Clients in Tough Times, an AICPA publication available online

Clients are looking for guidance and reassurance to help them get through this tough economic period and to plan for their and their family's future. Be prepared to anticipate their questions and address their concerns with the help of this book.

In handy download format, this book helps you answer clients' most pressing questions and provide them with tax and financial strategies to weather the storm. Authors Barbara Weltman, JD, and Sidney Kess, CPA, JD, LLM, explore opportunities available through existing programs as well as the recently enacted American Recovery and Reinvestment Act of 2009.

Organized by topic, this book answers the most common questions clients are asking their CPAs, including questions about:

* Home

* Should I buy a home now or wait for better times?

* How can I improve my chances of getting a mortgage (or one that has a low rate)?

* Job

* Am I taxed on severance pay?

* My employer is continuing to pay my health coverage for a period of one year after my employment ends. Is this taxable to me?

* Business

* I need to lay off staff in order to stay afloat. What are my payroll obligations?

* I think I've cut my expenses to the...