May / June
Showing 129–144 of 621 results
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Tax Tips – Hang on to your passport
May / June 2019
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 437
Abstract: These brief tips explain steps to take to hold on to a passport when one has seriously delinquent tax debt; detail the benefits of a cash balance retirement plan; and discuss why having a formula-funding clause in an estate plan can unintentionally disinherit a spouse.
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When can you deduct business meals?
May / June 2019
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 579
Abstract: The Tax Cuts and Jobs Act eliminated most tax deductions for business-related entertainment, beginning in 2018. It also created confusion over the continued deductibility of business meals. Late last year, the IRS issued a notice clarifying that taxpayers may continue to deduct 50% of eligible business meal expenses and providing temporary guidance on the subject. This article details a five-point test to determine whether business meal expenses are deductible.
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Estate planning and business succession planning – The lines blur when a family business comes into play
May / June 2019
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 633
Abstract: For many business owners, estate planning and succession planning go hand in hand. An owner of a closely held business likely has a significant portion of his or her wealth tied up in the business. Without proper estate planning steps to ensure that the business lives on after the owner has gone, his or her family may be placed at risk. This article explains the unique challenges presented by family businesses when older and younger generations may have conflicting financial needs.
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The “backdoor” Roth IRA remains open
May / June 2019
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 875
Abstract: The Roth IRA is an attractive savings vehicle, offering tax-free retirement income and other significant benefits. Unfortunately, income limitations prevent many people from contributing to these accounts. But even if one can’t contribute directly, there’s no limit on converting a traditional IRA into a Roth. This “backdoor Roth IRA” strategy allows anyone, regardless of income, to enjoy a Roth IRA’s benefits. This article examines how a backdoor Roth IRA works. A brief sidebar explains the aggregation rule.
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How to manage employees of different ages with insight
May / June 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 553
Abstract: Your dealership’s employees likely represent a mix of age groups. Successfully managing employees across generations requires understanding generational trends while avoiding broad stereotypes. This article discusses traits to keep in mind about Baby Boomers, Generation X members, Millennials and Generation Z members — and suggests some fine-tuning in strategies that managers may want to make.
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Valuing your dealership – The importance of EBITDAM and earnings quality
May / June 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 604
Abstract: Calculating EBITDAM can significantly affect an auto dealership’s value and potential selling price. This article discusses EBITDAM, along with normalizing and determining the quality of earnings.
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Tried-and-true metrics are always of value
May / June 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 632
Abstract: The use of metrics is an objective way to measure a dealership’s performance. Well-devised, and accurately collected, analytics can reveal the realities of a business in black and white. This article explains three established metrics that can be a useful record of a dealership’s health: return on assets, customer service index and employee productivity levels.
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Boost gross profits by improving inventory management
May / June 2019
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 739
Abstract: Smart inventory management is crucial for auto dealerships when one considers the costs associated with stocking excess vehicle inventory. This article encourages taking a comprehensive view of inventory management, and discusses how to manage both new and old stock. A sidebar capsulizes the pros and cons of the two main inventory accounting methods.
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Construction Success Story – Cost-conscious contractor tries “print as a service”
May / June 2019
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 453
Abstract: This issue’s “Construction Success Story” features a general contractor who recently took over her father’s business and needs to upgrade the company’s print technology. Her CPA suggests exploring the possibilities of “print as a service,” an arrangement under which an outside vendor provides printers and other equipment, as well as maintenance and support, for a fee.
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Recognize the typical schemes of subcontractor fraud
May / June 2019
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: General contractors usually have good relationships with their subcontractors. But fraud happens in every industry — and construction is no exception. This article examines some of the typical schemes associated with subcontractor fraud and suggests a variety of measures to stop it.
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The design-build model: It’s still a thing
May / June 2019
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 679
Abstract: Under the design-build model, one entity performs the architecture, engineering and construction components of a project all under a single contract. The concept is nothing new, but recent research results show it’s still a force in the construction industry. This article delves into the data and explores the benefits and risks of design-build.
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Tax law reform – Now’s a good time to rethink your accounting method
May / June 2019
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 935
Abstract: Because of changes wrought by the Tax Cuts and Jobs Act, many construction companies can now choose from a wider variety of accounting methods for tax purposes. This article explores some of the options available. A sidebar looks at the benefits of the straight accrual method, which offers a simpler alternative to the percentage-of-completion method.
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Beyond Georgia-Pacific – How market data can be used to calculate reasonable royalty damages
May / June 2019
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 462
Abstract: In intellectual property infringement cases, business valuation experts often use the Georgia-Pacific model to determine reasonable royalty rates. This article lists the 15 factors that are considered under this model, and describes a market-based alternative that’s gaining momentum. Georgia-Pacific Corp. v. United States Plywood Corp., 318 F.Supp. 1116, S.D.N.Y., 1970 StoneEagle Services, Inc. v. Pay-Plus Solutions, Inc., No. 8:13-cv-2240-T-33MAP, M.D. Fla., 2015
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Valuing distressed companies
May / June 2019
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 575
Abstract: Struggling businesses face different financial challenges than healthy ones do. This article discusses how business valuation experts factor these differences into their estimations when valuing troubled companies.
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Close-up on goodwill in divorce cases
May / June 2019
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 672
Abstract: When divorcing spouses own a private business interest, it complicates the settlement process. In general, the business needs to be valued and then included — either entirely or partially, depending on state law and legal precedent — in the marital estate. For some businesses, goodwill can provide significant value. This article summarizes different ways goodwill may be handled in divorce cases across the United States.
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West Plains, LLC v. Retzlaff Grain Co. – Loss-of-value damages upheld despite survival of business
May / June 2019
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 855
Abstract: In commercial tort claims, courts must decide how much damage the plaintiff suffered from the defendant’s alleged wrongdoing. This article summarizes a recent Eighth U.S. Circuit Court of Appeals case that upheld a jury’s damages award based on lost market value, even though the business wasn’t completely destroyed. A sidebar highlights the benefits of hiring a separate financial expert to conduct a formal appraisal review. West Plains, LLC v. Retzlaff Grain Co., 870 F.3d 774, 8th Cir., August 30, 2017