Management & Tax Concepts
Showing 113–128 of 262 results
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QSBS offers potentially lucrative tax breaks
Fall 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 347
Abstract: This article explores attractive tax breaks for those investing in qualified small business stock (QSBS), notably capital gains exclusions, and describes the criteria required for a company’s stock to be considered QSBS.
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Bad debt – It may be “bad,” but you still need to know how to account for it
Fall 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 639
Abstract: If it eventually becomes clear that a business customer either can’t or won’t pay an invoice, this results in a business bad debt. This article discusses exactly what defines a “bad debt” and how to account for bad debt write-offs, using either the direct or allowance accounting method.
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SCINs make sense for some estate plans
Fall 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 677
Abstract: People who use a self-canceling installment note (SCIN) as an estate planning tool take an informed risk that they won’t reach their actuarial life expectancy. This article explores how a SCIN can fit into an estate plan and the benefits of a SCIN for certain individuals.
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How might the new overtime rules affect your business?
Fall 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 808
Abstract: A new DOL rule will change the way employers determine which white-collar employees are entitled to additional pay for overtime hours worked. Once the rule takes effect on December 1, 2016, an estimated 4.2 million additional salaried workers — generally executive, administrative and professional employees — could become eligible for overtime pay. This article provides an update on the rules and whom it will affect. A sidebar explains the DOL definition of “blue collar” worker.
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Taking advantage of the PATH Act – Tax breaks for buying fixed assets and equipment are here to stay
Summer 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 349
Abstract: New rules for companies that purchase fixed assets and equipment make the tax treatment of purchases such as computers, software, office furniture, telecommunications equipment, and heating and air conditioning units more beneficial to businesses. This article explains these permanent tax breaks, a result of the Protecting Americans from Tax Hikes (PATH) Act of 2015.
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Estate planning: Consider a private annuity
Summer 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: Affluent individuals looking for a way to reduce gift and estate tax exposure should take a look at private annuities. These estate planning tools can serve two purposes: providing a steady income stream until the person’s death, and offering his or her children a less severe tax bite. This article explains how a private annuity works and the risks involved.
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Do you have a financial disaster plan?
Summer 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 676
Abstract: Many people are proactive when it comes to preparing for a natural or man-made disaster. For example, they stockpile an “emergency stash” of supplies, water and canned goods to last them a week or longer in case of a major storm or other disaster. But they often don’t consider in their preparation how their finances could be impacted by a catastrophe. This article discusses anticipatory measures to take, including gathering, organizing and safeguarding personal identification records and financial and legal documentation.
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How to make accounts receivable pay off
Summer 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 820
Abstract: Failure to collect accounts receivable in a timely manner can lead to myriad financial problems for a company, including poor cash flow and the inability to pay its own bills. This article discusses measures for making the collection process more effective, including creating an AR aging report, assigning collection responsibility to a sole accounting employee, and offering customers multiple ways to pay. A sidebar highlights the flip side of upgrading the collection of receivables: improving the management of accounts payable.
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C vs. S corporations – Tread carefully when changing entity status
Spring 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 439
Abstract: The decision to change the structure of a business corporation shouldn’t be made hastily. This article sums up the pros and cons of becoming a C vs. S corporate entity. It also explains how the Affordable Care Act might influence one’s decision.
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Are your Social Security strategies up to date?
Spring 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 549
Abstract: The Bipartisan Budget Act of 2015, signed into law last November, eliminated two Social Security claiming strategies that have been used by many people to maximize their benefits. This article explains the changes and identifies who likely will be affected by the budget deal.
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Where you hang your hat – Your state domicile impacts multistate taxation
Spring 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 600
Abstract: The laws about multistate taxation are complex and they vary from state to state. And, while many states offer credits for taxes paid to other states, these credits aren’t always available. This article provides an overview of some of the concepts related to multistate taxation, such as domicile, residence and income source. It also lists a variety of factors that courts and taxing authorities consider when determining domicile.
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Planning for business interruptions reduces risk
Spring 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 848
Abstract: One of the most serious risks companies face is a business interruption that renders them unable to manufacture products or deliver services. One solution to this problem is to engage in formal business continuity and resiliency planning. This article explains the process of developing a business continuity plan. A sidebar discusses business interruption insurance.
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Vacation homes: Do you understand the tax nuances?
Winter 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 414
Abstract: A vacation home can provide a welcome retreat from the hustle and bustle of everyday life. But that’s not all: Owning a vacation home also can offer valuable tax benefits. The key is whether a vacation home is used solely for personal enjoyment or is also rented out to tenants. This article explains the IRS requirements for tax breaks.
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Take steps to avoid this tax “gotcha”
Winter 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 586
Abstract: The Trade Preferences Extension Act has some buried provisions that businesses need to know about, or face penalties for financial statements and information returns filed after December 31, 2015. This article discusses the effective dates and the new stiffer penalties, and recommends systems and controls for information reporting.
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Business valuation 101 – What you should know about the appraisal process
Winter 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 644
Abstract: It’s important that business owners know the current value of their business. Even if they’re not considering selling their company or otherwise transferring its ownership right now, it could happen sooner than they think. This article addresses the cornerstones of the business valuation process, including the purpose of the appraisal and the appropriate standard of value to use.
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Trusts can bolster your personal financial plans
Winter 2016
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 869
Abstract: When it comes to personal planning, trusts can be a useful tool for affluent individuals and families. But, with a wide variety of trusts available, it can be difficult to determine which type of trust is best to use in certain situations. This article briefly explains four popular trust types and their special purposes: Delaware statutory trusts, qualified terminable interest property trusts, intentionally defective grantor trusts and charitable remainder trusts.