Management & Tax Concepts

Showing 209–224 of 258 results

  • What’s become of estate planning?

    Summer 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 458

    Abstract: While Congress has passed some major legislation in 2010, as of this writing it hasn’t passed estate tax legislation. So the 2010 estate and generation-skipping transfer (GST) tax repeal still stands. And both taxes are still scheduled to return in 2011 — at their pre–tax-cuts level of 55% and with exemptions significantly smaller than in 2009. This uncertainty creates tax hazards for some estate plans, and could even cause some people to unintentionally disinherit their spouse. So it’s important to check with one’s financial advisor for the latest developments.

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  • Postnups offer couples a smoother road in a fragile economy

    Summer 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 445

    Abstract: When people see the words “nuptial” and “agreement” used together, they may immediately think of prenuptial agreements — or “prenups.” But many couples may benefit from a postnuptial agreement. Even in states where postnups aren’t legally recognized, couples can still create informal agreements for the purpose of clarifying their respective wishes and responsibilities. Postnups aren’t without risks, but they can help couples avoid protracted and expensive divorce proceedings.

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  • Making the case for a telecommuting option

    Summer 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 658

    Abstract: Telecommuting is becoming increasingly popular, but some are still hesitant to undertake this step. There are some risks involved, but the potential benefits include reduced overhead costs, increased productivity, and lower hiring and retention costs. As the technology involved becomes more pervasive and less expensive, this option is one every company should at least consider for certain positions.

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  • Wrestle back control of your inventory – 3 ways to get off the mat

    Summer 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 939

    Abstract: With an improving economy, it may be a good time for companies to wrestle back control of inventory. This will involve ensuring accurate inventory counts, using the best technology, and — if necessary — disposing of unwanted inventory in the most tax-efficient manner possible. A sidebar to this article discusses LIFO and FIFO, the two primary inventory accounting methods.

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  • Intrafamily loans: Know what you’re getting into

    Spring 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 434

    Abstract: When money is tight, and particularly when job losses affect an extended family, the prospect of an intrafamily loan often comes up. But, if not conducted carefully, these arrangements can lead to awkwardness, if not outright conflicts. There may also be tax implications. So, one needs to ask: Is this really a loan, or would it be better to regard it as a gift? And what indicators does the IRS use in determining whether it qualifies as a loan for tax purposes?

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  • Buying vs. leasing – The choice isn’t always clear

    Spring 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 614

    Abstract: In trying to determine whether to buy or lease, there are many tax, financial and practical issues to consider. The decision also depends in part on the type of asset: Two prime concerns for business owners are office space and equipment. This article discusses the pros and cons of buying vs. leasing in regard to both of these.

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  • 3 simple steps to better personal credit management

    Spring 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 442

    Abstract: The rough economy and its slow recovery have had marked effects on many people’s personal finances. Many Americans have been leaning harder on their credit cards, but this puts them at greater risk for not only overextending that credit, but also falling victim to fraud as their account numbers go into wider circulation. And, for business owners, the risk is even greater. Lenders are increasingly looking into a company owner’s personal credit history, including personal guarantees. The good news is that everyone — business owner or otherwise — can create a relatively simple credit management plan by following three important steps.

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  • Are you getting paid? Managing collections in an uncertain economy

    Spring 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 946

    Abstract: The economic uncertainties facing many businesses today have put them in an odd position. Should they push customers harder for payments? Or go easy on them to avoid risking the loss of their business? It’s a tricky balance — but, the better a business knows its own collection rate and the more it refines its collection practices, the greater its odds for success. This article offers tips for calculating a collection rate, reassessing payment terms, and creating a collection plan. A sidebar reveals that many companies are turning to credit monitoring services not only to help prevent identity theft, but also to keep a closer eye on customers and vendors.

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  • Have you considered a reverse mortgage? It can do more than just fund medical expenses

    Winter 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 668

    Abstract: Although many associate reverse mortgage arrangements with someone looking to fund an influx of unexpected medical costs, they can do more than just that. Many higher-net-worth individuals are using these arrangements to supplement their retirement income, allowing them to take trips or buy recreational vehicles. Some are taking out reverse mortgages to fund the purchase of a vacation home, or to make annual exclusion gifts or 529 college savings plan contributions. But there are risks, as well, so it’s important to get professional advice.

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  • Accidents happen: Consider long-term disability coverage

    Winter 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 423

    Abstract: A disabling accident or illness can happen to anyone at any time — and the more severe, the greater the potential drain on an individual’s or family’s budget. For this reason, everyone should at least consider long-term disability insurance. Employer coverage is likely only short-term and, even if it’s for a longer period, may not offer adequate coverage. Buying one’s own long-term disability coverage isn’t inexpensive, but does offer certain advantages. There are, however, certain things to consider, such as how the insurer defines “disability” and whether to buy “own occupation” vs. “any occupation” coverage.

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  • 6 key components of a business budget

    Winter 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 408

    Abstract: Many owners of small to midsize businesses don’t create a budget or don’t update the one they have, typically because they’re too busy or simply not focused on sticking to a budget. But keeping a budget is important not only for planning purposes, but because banks have been setting up loan covenants with an increased emphasis on budgeting. There are six key components that should be part of a budget, including line-item details for allocating funds and a regular monitoring of performance against expectations.

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  • Disaster recovery planning – Making sure your company is ready for anything

    Winter 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 868

    Abstract: Every year there are at least a few examples in the news of how a single natural disaster can adversely affect — sometimes even destroy — a business. And many disasters, both natural and manmade, have detrimental consequences not fully realized until many months later. This is why it’s so important that a company put together a comprehensive plan to keep its people safe, its information preserved and its operational capacity maintained. This article shows how disaster planning, storage technology and the proper insurance are important components in a disaster recovery plan. A sidebar briefly looks at the kinds of disasters waiting to happen.

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  • 3 savvy year end tax planning moves for businesses

    Fall 2009
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 514

    Abstract: Given the state of the economy over the past year, tax planning is more important than ever. But one can employ three savvy year end moves: timing income and deductions for best results; deferring tax on advance payments; and increasing one’s tax basis in company stock.

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  • Handle life insurance with care to protect proceeds from taxes

    Fall 2009
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 647

    Abstract: Life insurance can help achieve a variety of estate planning and business planning goals. Unfortunately, keeping life insurance proceeds free of income and estate taxes can get complicated. But there are ways, such as having an irrevocable life insurance trust (ILIT) own a life insurance policy; creating the right buy-sell agreement; and avoiding “for value” transfers.

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  • Solo 401(k)s offer singular advantages

    Fall 2009
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 524

    Abstract: For self-employed individuals and owners of certain small businesses, several retirement plan options are available. One option that offers a number of singular advantages is the Solo 401(k). Among the advantages are high contribution limits, availability of plan loans, and flexibility in regard to contributions and the types of investments one may choose.

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  • Do you know what your competitors are up to? There are many ways of finding out …

    Fall 2009
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 860

    Abstract: Knowledge is power. The more a company knows about its competitors, the better it will be able to anticipate their moves as well as create its own countermoves and proactive measures. This article describes a number of perfectly legitimate ways to gather competitive intelligence. And, as a sidebar explains, one such way is to hire competitors’ employees, providing one is careful to observe noncompete agreements or other legal constraints.

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