General & Family Business

Showing 33–48 of 1030 results

  • Corporations: Beware the accumulated earnings tax

    Fall 2022
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 457

    Abstract: A disadvantage of C corporation structure is the possibility of double taxation. A C corporation’s income is subject to two levels of income tax: once at the corporate level and a second time at the shareholder level when income is distributed in the form of dividends. This article explains that to avoid — or at least defer — double taxation, many corporations retain earnings rather than distributing them to shareholders. It points out, however, that this strategy can backfire by triggering the accumulated earnings tax (AET).

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  • Shopping around to get the best financing for your business

    Fall 2022
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 609

    Abstract: It can be difficult for a small business owner to discern what type of financing will best serve the business and help it thrive through difficult financial times. This article points out that whether it’s the need for new, more technologically advanced equipment or an opportunity to expand operations, owners need to shop around to familiarize themselves with the different financing options available before they “buy” into a particular borrowing strategy.

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  • How a life insurance trust could lower your estate taxes

    Fall 2022
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 756

    Abstract: In 2017, the Tax Cuts and Jobs Act significantly boosted the estate tax exemption, which is the amount of an estate that is exempt from taxation. This could change, however, if the estate tax exemption is cut in half in a few years as is currently scheduled. This article explains that it’s important for people to start thinking about how they can reduce or eliminate federal estate taxes if their estates will be larger than the new exemption amounts in 2026 and beyond. It suggests that one idea is to set up an irrevocable life insurance trust (ILIT), and discusses the ins and outs of that approach.

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  • Will you qualify for the home sale gain exclusion?

    Fall 2022
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 880

    Abstract: For most people, the home sale gain exclusion is the biggest tax break they’ll ever get. But the exclusion is subject to several complicated rules and limitations. This article notes that it’s important for individuals to plan carefully before they sell to shield as much of their profit from tax as possible. A sidebar discusses how a home office affects a home sale exclusion.

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  • Is it a repair or an improvement? How to nail down current deductions

    October / November 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 416

    Abstract: For business owners, determining whether they’re making repairs or improvements can be tricky — but it’s important for owners to be aware that the distinction can have real tax consequences. This article discusses IRS regulations that provide further clarity and guidance on these distinctions. It also offers a brief summary of the tax implications of each.

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  • The financial ins and outs of remodeling your home

    October / November 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 649

    Abstract: Whether homeowners are hoping to boost the value of their home to sell it at top dollar or are seeking to improve their living space because they’re spending more time in it, home renovation projects are happening at a fast pace. But not all home improvements are equal when it comes to generating good returns on investment. This article explains that homeowners considering several possible projects should have a sense of which ones are more likely to recoup the money spent and increase resale value.

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  • Consider PO financing to help your business grow

    October / November 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 691

    Abstract: An increase in purchase orders is a positive development for most businesses — proof that customers are interested in, and buying, their products. At the same time, rising sales can prompt a cash crunch. This article notes that some companies, especially smaller, growing firms, may lack enough cash to pay their suppliers and fill new orders — often because they’re waiting to be paid for previous sales. It suggests that this is where purchase order financing, often referred to as “PO financing,” can help.

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  • Skipping the generation-skipping transfer tax

    October / November 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 858

    Abstract: Under the generation-skipping transfer (GST) tax, an additional tax (on top of estate tax) may be imposed on gifts and bequests that skip a generation. So, it’s not possible for individuals to automatically avoid adverse tax consequences simply by bypassing their children. This article suggests, however, that with proper planning, individuals may be able to sidestep the GST tax — or at least minimize it. A sidebar offers three strategies to minimize GST tax.

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  • Cash it in! Save tax with qualified small business stock

    August / September 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 379

    Abstract: Those looking to inject cash into their small corporations or any other business venture may want to acquire qualified small business stock (QSBS). This article explains that it’s possible to enjoy a tax exclusion on 100% of capital gain when selling the stock down the road. It also discusses the requirements for qualifying for the QSBS tax break.

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  • Taking advantage of the Community Advantage Loan Program

    August / September 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 652

    Abstract: If a business operates in what’s known as an underserved area and could benefit from additional capital, the Community Advantage Loan Program, an initiative of the Small Business Administration, may be able to help. This article notes that many Community Advantage borrowers are small business owners and entrepreneurs who have generally been in business for less than three years and don’t qualify for traditional financing. It also discusses how a small business can determine whether such a loan is a good fit.

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  • Should long-term care insurance be part of your financial plan?

    August / September 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 535

    Abstract: People can’t know what health issues await them, but it’s pretty certain that if they live long enough, they’ll need some form of long-term care. This article suggests considering the option of long-term care insurance to avoid being caught without the needed resources in the event of a catastrophic, long-term health event.

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  • How to benefit from the home sale gain exclusion

    August / September 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 879

    Abstract: Home prices are at record highs in some parts of the country and many people are looking to make career or lifestyle changes. This article explains that those considering downsizing or moving to another location could be in line for large tax breaks when they sell their homes. It points out that some taxpayers in these circumstances may be able to pocket up to a half million dollars in gain from the sale of their principal residences without owing any federal income tax. A sidebar explains how improvements to a home may affect the equation.

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  • Selling business property? Don’t overlook the purchase price allocation

    Summer 2022
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 472

    Abstract: The allocation of a property’s value between the building and the land can have significant tax implications for the property’s seller. This article explains that this is because gains on the sale of business property — to the extent of depreciation taken or allowed — is taxable at ordinary income tax rates up to 25%. The article notes that if the owner can demonstrate that most or all of the gain is attributable to increases in the value of the land, he or she may be able to reduce the tax burden significantly.

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  • An invaluable tool – Use a valuation to help your business stay competitive

    Summer 2022
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 513

    Abstract: In a complex and volatile economic climate such as this, it’s important for business owners to use all the tools at their disposal to ensure their businesses stay on top of their game — especially when seeking financing to support ongoing operations or future expansion. This article highlights the importance of obtaining a professional business valuation — both in obtaining funding and in helping owners analyze their businesses’ current challenges, opportunities and expected cash flow.

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  • How to guard against payment app fraud

    Summer 2022
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 656

    Abstract: Payment apps, also known as peer-to-peer payment services, allow users to make instant payments to individuals and businesses outside of the traditional banking system. Unfortunately, the growing use of payment apps also has led to higher incidences of fraud associated with them. Fraudsters are taking advantage of two of the biggest benefits of using the apps — speed and convenience — and are using them against consumers. This article offers some tips to help consumers avoid being scammed.

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  • Tax strategies for cryptocurrency investors

    Summer 2022
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 886

    Abstract: Cryptocurrency gains and losses exist only on paper until investors realize them by selling or exchanging their investments. This article explains that investors who expect to realize net capital gains this year may want to harvest losses to offset those gains by selling cryptocurrency or other investments that have declined in value. It also notes that a big advantage of selling cryptocurrency is that it isn’t currently subject to the prohibition on wash sales. A sidebar points out, however, that the Build Back Better Act, which at press time was stalled in the Senate, would extend the wash sale rule to cryptocurrency.

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