February / March
Showing 1–16 of 502 results
-
Estate Planning Pitfall – You don’t file a gift tax return
February / March 2024
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 320
Abstract: Thanks to the annual gift tax exclusion, individuals can systematically reduce their taxable estates with little effort. Plus, these gifts typically don’t require having to file a gift tax return. However, in certain situations, a gift tax return may be required or recommended. This article explains making gifts using the annual gift tax exclusion and discusses the benefits of filing a gift tax return.
-
Protect your estate against undue influence claims
February / March 2024
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 644
Abstract: There’s a chance a person’s will could be contested based on a claim that someone exercised “undue influence” over his or her decisions. Thus, that person’s estate planning intentions, valid or not, may be defeated. This article defines the term “undue influence” and provides strategies to protect one’s estate from an undue influence claim.
-
Do your assets include unregistered securities? This asset class requires special planning
February / March 2024
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 705
Abstract: When it comes to estate planning, addressing all assets should be a priority. However, certain assets require greater attention than others. For example, if one’s assets include unregistered securities, such as restricted stock or interests in hedge funds or private equity funds, the securities law implications of various estate planning strategies must be taken into account. This article gives an overview of the securities laws and offers strategies for transferring securities as gifts or to a trust.
-
It’s time to take another look at the stepped-up basis rules
February / March 2024
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 851
Abstract: Because of the generous federal gift and estate tax exemption, many families no long must worry about estate tax liability. This means that estate planning now has a stronger focus on income tax planning. And one of the most valuable tax planning areas is the “stepped-up basis” rule. This article explains capital gains rules and details the role the “stepped-up basis” rules play in an estate plan. A brief sidebar explains why lifetime gifts fall under a carryover basis rules regime.
-
News for Nonprofits – Why nonprofit lobbying has fallen
February / March 2024
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 418
Abstract: In this issue’s News for Nonprofits, we cover why nonprofit lobbying has fallen and why, despite economic headwinds, foundation giving rose in 2022. We also look at the latest in nonprofit compensation trends.
-
Don’t forget about corporate matching programs
February / March 2024
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 660
Abstract: Raising money is an ongoing part of every nonprofit organization’s existence. One way to consistently receive funds is through corporate matching gift programs. This is an easy way for corporations and their employees to support charitable interests. This article looks at what organizations need to do to take advantage of these donations.
-
SECURE 2.0 – What you need to know about qualified charitable distributions
February / March 2024
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 578
Abstract: Qualified charitable distributions (QCDs) have been a beneficial option for both donors and nonprofits for some time. But changes made in the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act could make QCDs more appealing to potential donors and create additional opportunities for organizations. This article explains the details of QCDs.
-
Could your nonprofit lose its property tax exemption? Lessons from recent court decisions
February / March 2024
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 844
Abstract: A Pennsylvania state court revoked a nonprofit hospital’s property tax exemption in a lawsuit filed by a local school district. The court’s ruling turned primarily on its finding that the hospital failed to show that it operated without a profit motive. Although the case involved a state-specific test for tax-exempt status, this article is worth reviewing for nonprofits everywhere because other state courts and tax assessors may adopt similar reasoning. A brief sidebar looks at a New York case in which the court found that, even if a property provides a public benefit, the overall use can’t be deemed charitable under New York state law if it’s to further economic development and reduce burdens on government. Source: Pottstown School District, Appellant v. Montgomery County Board of Assessment Appeals, Pottstown Hospital, LLC, Pottstown Borough and County of Montgomery, 289 A.3d 1142 (Pa. Cmmw. Ct. 2023); Catskill Watershed Corp. v. Assessor…
-
Mandatory deposit of copyright works is unconstitutional
February / March 2024
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 436
Abstract: To the frustration and annoyance of many, the Copyright Act requires the owner of a copyright in a work to deposit two copies of the work with the U.S. Library of Congress within three months of its publication. Those parties should be encouraged by how the U.S. Court of Appeals for the District of Columbia ruled when it was recently asked for the first time to address the requirement’s constitutionality. This article summarizes the court’s finding that requiring physical copies of works is “classic taking,” while copyright owners receive no additional benefit (compensation) from forfeiting works. Valancourt Books, LLC v. Merrick B. Garland and Shira Perlmutter, No. 21-5203 (D.C. Cir. Aug. 29, 2023).
-
Ups and downs – Words matter in trademark licensing agreement
February / March 2024
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 536
Abstract: A garage door company probably thought its settlement with a competitor over alleged trademark violations left it free from additional lawsuits regarding its use of the competitor’s marks. This article summarizes why a court ruled otherwise, instead holding that a trademark licensee could sue the company even though its licensing agreement didn’t expressly authorize it to do so. D.H. Pace Company, Inc. v. OGD Equipment Co., LLC, No. 22-10985 (11th Cir. Aug. 22, 2023).
-
Does derivative work copyright registration cover unregistered original works?
February / March 2024
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 636
Abstract: Copyright registration is a prerequisite for bringing an infringement action. But do litigants have recourse for an unregistered work if they registered a derivative work? This article discusses this issue in a case of first impression before the U.S. Court of Appeals for the Ninth Circuit. Enterprise Management Limited, Inc. v. Construx Software Builders Inc., No. 22-35345 (9th Cir. July 17, 2023).
-
Families of patents could face more double-patenting challenges
February / March 2024
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 853
Abstract: Can a patentee extend a patent term for the same invention by claiming a second patent for claims that aren’t “patentably distinct”? This is known as obviousness-type double patenting (ODP). This article reviews a decision that recently resolved a long-standing question about the interplay between ODP challenges and patent term adjustments (PTAs) granted by the U.S. Patent and Trademark Office (USPTO) because of delays in patent processing. A brief sidebar highlights the court’s dismissal of the patentee’s equitable arguments against an ODP rejection. In re Cellect, LLC, No. 22-1293 (Fed. Cir. Aug. 28, 2023).
-
Take credit for business building renovations
February / March 2024
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 470
Abstract: Businesses making specific accommodations for disabled individuals may qualify for a sizable tax credit. In fact, the disabled access credit may essentially cut the costs of some renovations in half. This article offers a look at the basics of how the credit works. The article also notes that the modifications don’t have to be for the exclusive benefit of disabled individuals — the improvements can also help out others.
-
Making distinctions may create tax savings for owners of rental real estate
February / March 2024
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 655
Abstract: The 20% qualified business income (QBI) deduction is available for income from an eligible trade or business, but it isn’t available if that same property is classified as an investment. This article points out that it’s worth considering whether an owned rental property meets the definition of a trade or business under IRS requirements. It also explains that determining whether rental real estate activities qualify for the QBI deduction is a complicated undertaking and is likely to require the services of a tax professional.
-
How to manage cloud costs
February / March 2024
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 668
Abstract: Many businesses are surprised by the bills they receive for their cloud usage. This article suggests some steps a business can take to help its organization control its cloud spending and get a handle on cloud operations, costs and value — including setting a budget for and tracking cloud usage, and applying procurement controls. The article notes that regularly fine-tuning cloud management efforts will help a business use its cloud resources efficiently and effectively.
-
Will you vote for tax savings? Tax return elections that can save you money
February / March 2024
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 991
Abstract: Individuals and small business owners need to make several important “elections” on their 2023 tax returns. This article looks at some potentially beneficial tax decisions, including whether to itemize and whether to deduct investment interest income. It suggests that many of these moves may lead to tax savings if found to be applicable to a taxpayer’s specific circumstances. A sidebar discusses the ins and outs of using SALT deductions.