August / September
Showing 1–16 of 469 results
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Estate Planning Pitfall – You missed the estate tax filing deadline
August / September 2023
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 232
Abstract: The due date for filing a federal estate tax return varies. Generally, an estate’s executor must file the return within nine months of the date of death. It’s up to him or her to ensure that this obligation is met. This brief article explains the benefits of filing for a six-month filing extension.
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Going through a divorce? Ease the transfer of retirement plan assets with a QDRO
August / September 2023
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 738
Abstract: Despite its unusual sounding name, a QDRO isn’t an alien from a science fiction movie or a geometric equation. In fact, QDRO stands for “qualified domestic relations order.” If a person is in the process of a divorce, a QDRO may provide for the transfer of assets in a qualified retirement plan to a nonparticipant spouse without incurring dire tax consequences. This article explains how a QDRO works.
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Overlooking foreign assets can be detrimental to an estate plan
August / September 2023
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 825
Abstract: It’s critical to disclose all assets in one’s estate plan, including, importantly, any foreign assets. Often, people assume that foreign assets aren’t relevant to their “U.S.” estate plans, so they’re not worth mentioning. That’s not the case. This article provides the answers to several questions regarding accounting for foreign assets in an estate plan.
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Dynasty trust – Create a trust that can span the ages
August / September 2023
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 731
Abstract: For those who want to arrange for a long-lasting transfer of wealth through multiple generations, consider using a dynasty trust. Not only can such a trust avoid tax, it may provide various other benefits and protections for families for an extended period of time, even forever. This article details the estate tax implications of a dynasty trust. A sidebar answers frequently asked question regarding the use of a dynasty trust.
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News for Nonprofits – Will universal charitable deduction get another bite at the apple?
August / September 2023
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 437
Abstract: This issue of News for Nonprofits highlights the efforts of a bipartisan group of U.S. senators that has introduced legislation to expand and extend the nonitemized deduction for charitable giving; a study finding that nonprofit salaries jumped in 2022; and a 2023 report finding that although Americans are generally positive about charitable giving and nonprofits, they seem unfamiliar with the far-reaching impact of such organizations.
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Is a merger right for your nonprofit?
August / September 2023
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 586
Abstract: Deciding whether to merge with another nonprofit isn’t a straightforward decision. Although some nonprofits struggled through the COVID-19 years, others prospered. Now, with high inflation rates and a possible recession, many nonprofits are again left with questions about their futures. This article examines how a merger can help organizations share expenses and weather economic storms and the potential drawbacks.
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Get to know IRS Form W-9 before hiring freelancers
August / September 2023
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 571
Abstract: Many employers, including nonprofits, are turning to independent contractors and freelancers as a way to deal with the continuing tight labor market. Organizations need to take steps to ensure they collect the necessary paperwork — including IRS Form W-9, “Request for Taxpayer Identification Number and Certification.” This article reviews the form and its requirements.
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Steering clear of landmines – 7 areas of IRS Form 990 audit scrutiny
August / September 2023
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 823
Abstract: The IRS can initiate an audit of a nonprofit organization for any number of reasons. But perhaps the most common is a red flag sent up by an organization’s annual filing of Form 990, “Return of Organization Exempt From Income Tax.” This article looks at the potential trouble areas and how nonprofits can reduce their audit risk. A short sidebar explains the difference between correspondence and field audits.
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How to evaluate the patentability of a multiple dependent claim
August / September 2023
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 480
Abstract: A patent’s claims can get confusing, particularly when a patent’s dependent claims have multiple dependencies — a popular claim drafting format in other countries, but a rather expensive pursuit in the United States. The director of the U.S. Patent and Trademark Office might agree after stepping in to address how the Patent Trial and Appeal Board should evaluate the patentability of a multiple dependent claim. This article untangles the director’s finding. Nested Bean, Inc. v. Big Beings USA Pty. Ltd., IPR No. 2020-01234 (PTO Feb. 24, 2023).
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Only if it’s human – Setting the copyright standard for works with AI-generated content
August / September 2023
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 579
Abstract: Artificial intelligence (AI) is disrupting a wide range of industries, including those involving the textual, visual and audio arts. It’s little surprise, then, that the U.S. Copyright Office has seen an increase in applications for copyright protection for AI-generated works. In response, the office released its first formal guidance regarding works containing material generated by AI in March 2023. This article summarizes the guidance, concluding that the future isn’t bright for works created solely by AI, but prospects are better for works that are merely AI-assisted.
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PTO director issues critical IPR clarification
August / September 2023
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 617
Abstract: The director of the U.S. Patent and Trademark Office recently addressed confusion over how the Patent Trial and Appeal Board (PTAB) should determine whether to institute an inter partes review (IPR) of a patent when parallel litigation is already proceeding in federal district court. This article reviews the opinion, which makes clear that, while it’s possible to obtain an IPR in such circumstances, it won’t be easy. CommScope Techs. LLC v. Dali Wireless, Inc., IPR No. 2022-01242 (PTO Feb. 27, 2023).
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A slicing opinion – Court cuts trademark registration for Gruyere cheese
August / September 2023
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 829
Abstract: Some Swiss and French cheesemakers recently ran into a brick wall when they attempted to obtain a trademark for the term GRUYERE. There was widespread agreement among the Trademark Trial and Appeal Board (TTAB) and two federal courts that the term is generic and therefore ineligible for trademark protection. This article covers the court’s review of the claim. A short sidebar highlights the trial court’s reliance on the U.S. Food and Drug Administration’s standard of identity when determining whether the term GRUYERE was generic. Interprofession du Gruyere; Syndicat Interprofessionnel du Gruyere. v. U.S. Dairy Export Council; Atalanta Corporation; Intercibus, Inc., No. 22-1041 (4th Cir. March 3, 2023).
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Two emergency options for retirement plan participants
August / September 2023
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 612
Abstract: Qualified plans such as 401(k)s are meant to help individuals save for retirement in a tax-advantaged manner. But, under dire circumstances, it may become necessary to tap into the nest egg early. This article explains that while doing so may result in additional income tax liability and penalties, the SECURE 2.0 Act, which was signed into law in late 2022, provides not one, but two options for people who find themselves in an emergency situation.
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Give employees a head start – Look at starter 401(k) plans and other retirement savings options
August / September 2023
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 569
Abstract: The recent SECURE Act 2.0 has created a provision establishing the “starter 401(k) plan.” This article explains that the starter 401(k) plan is designed to be easier and less expensive to launch and administer than a traditional 401(k) plan. It summarizes how starter 401(k) plans work and notes that employers can begin offering them for plan years starting after December 31, 2023. It also highlights several other SECURE 2.0 provisions that can help employers offer retirement plans to employees.
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Making a change: Choosing a new successor for your family business
August / September 2023
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 683
Abstract: Deciding on the right person to take over the reins of a family business can be a difficult job. And the decision may be even more complex when one or more of the candidates come from within the family itself. If a business owner has a certain person in mind but, for various reasons, that chosen successor gradually, or sometimes suddenly, fades as the optimal choice, this article explains that it’s usually best to handle the matter with great care. This article suggests several strategies for ensuring a smooth and successful succession.
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Retirement planning – Is a QCD right for you?
August / September 2023
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 980
Abstract: Those 70½ years old or older may benefit tax-wise by transferring qualified charitable distributions (QCDs) directly from their IRAs to qualified charitable organizations. This article points out that a QCD counts as a required minimum distribution (RMD) for tax purposes without resulting in tax liability. The article looks at the ins and outs of using QCDs, while a sidebar offers a detailed list of the new QCD rule changes under SECURE Act 2.0.