CPA
Copa Holdings, S.A.
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Not sure if it was already mentioned. It you want to own something ET or another MLP then would suggest MLPA ETF. I made the same mistake a few years ago having purchased ET in my IRA and my CPA was not all that thrilled. So i purchased MLPA which is a ETF fund that own invest in MLP however you do not have all the tax headaches you get with individual MLP. Just food for thought.

You want a fractional CFO or a CPA firm that does advisory/controller work, not a personal financial advisor. Ask for a fixed-scope review of your P&L, balance sheet, payroll, pricing, margins, cash flow, and customer profitability, with a written action plan at the end. If they can't explain the deliverables before seeing your books, pass.

I am not opposed to fractional shares, but the last tax season my CPA asked me to simply my small potatoes account.

I don't look for fees (beyond not being willing to pay AUM) or personality (beyond not being downright offensive). I don't want a relationship with a financial advisor any more than I want a relationship with my dentist. What I want is time, skill, knowledge, and thoughtfulness. I meet with my Fidelity guy a couple of times a year and I appreciate his walking through various retirement scenarios with me and looking over my portfolio and confirming that I am not making idiotic choices. But I'll need more specific guidance, specifically on the tax front, at some point in the next few years.
When I am a bit closer to retirement, I will hire someone, preferably a CFP/CPA combo, to help with withdrawal and Roth conversion strategies. I am perfectly willing to pay a high price for excellent guidance on these sorts of more advanced things.
I do not know or care if a CFP can invest "better" than I can. My investing has served me well enough and I'm looking forward to a comfortable retirement in 3-5 years. I don't need to do better than what I have done, and I'm content following the same simple path going forward.
Thank you Jack Bogle :)

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Just wanted to share a quick win regarding flat-fee financial planning. My wife and I recently hired a flat-fee advisor who focuses on index investing and tax planning (he is an EA). We were looking for advice-only financial planning on an hourly or project basis. As it turned out, the advisor we liked best also offers portfolio management for a flat fee. Since my better half isn't too interested in investing, this turned out to be a nice side benefit in case something happens to me.
Originally, I was skeptical about paying for outside help. But the experience saved us quite a bit of money. Besides refining our plans for taking withdrawals from taxable accounts and traditional IRAs, he also caught an expensive mistake on this year's tax returns made by our CPA. His planning process also mapped out a clear Roth conversion strategy, explaining to us how we didn't need to be as aggressive as we'd initially thought. He also introduced several new risk-mitigation steps into our planning using both financial planning and specialized tax projection software.
Here are two links that really helped our research:
[https://www.flatfeeadvisors.org](https://www.flatfeeadvisors.org)
[https://www.bogleheads.org/forum/viewtopic.php?t=440158&sid=b9de3e8b1353b1bcb68f3d3745427179](https://www.bogleheads.org/forum/viewtopic.php?t=440158&sid=b9de3e8b1353b1bcb68f3d3745427179)

This is why it is important to know what you are investing in. This is not a "Tax Attack", it is well known that MLPs have different tax treatments and one of those differences is that UBTI is not tax sheltered.

Most likely the majority of your distributions over the years was ROC which lowered your cost basis. When you sell a MLP in an IRA, the difference between your original cost basis and your adjusted cost basis due to ROC is then considered Depreciation Recapture which becomes part of the UBTI and is taxed at ordinary income rates. If you have more than $1k of UBTI in a calendar year, you will be taxed.
You should probably get a CPA to help with your taxes, they might be able to find out if there were previous year Suspended UBTI Losses that can be used as deductions and maybe lower some of this bill.

Maybe ask a CPA and not us random internet people

Sounds like a liquidity event to me. I’m sure he has a great CPA that paid alllllll his taxes on that income.