General & Family Business

Showing 49–64 of 1030 results

  • Tax Cuts and Jobs Act – How to hit the jackpot with the QBI deduction

    June / July 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 406

    Abstract: The qualified business income (QBI) deduction, authorized by the Tax Cuts and Jobs Act (TCJA), is available to owners of pass-through entities — such as S corporations, partnerships and limited liability companies (LLCs) — as well as self-employed individuals. This article highlights how the QBI deduction works and points out that it’s only available for a limited time and will expire after 2025, absent further legislative action.

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  • Avoiding unexpected medical bills with the federal No Surprises Act

    June / July 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 607

    Abstract: Nearly one-fifth of emergency visits and 16% of in-network hospital stays result in at least one charge from a provider that’s outside the patient’s health insurance network, according to a recent report by the Peterson Center on Healthcare and the Kaiser Family Foundation. This article notes that the federal No Surprises Act (NSA) attempts to address this situation and explains how the NSA works and when it applies.

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  • What steps should you take to expand your business?

    June / July 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 663

    Abstract: It may seem counterintuitive to consider business growth during a volatile and relatively unpredictable economy, but to ensure financial health and profitability over the long term, businesses need to use all the tools at their disposal. This article notes that for some businesses, strategic expansion can be the best way to shore up operations, preparing them to meet current challenges and take advantage of new opportunities.

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  • Nail down installment sale tax breaks

    June / July 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 874

    Abstract: An owner of investment or commercial real estate who is planning to sell this year could owe a hefty tax on the transaction. This article explains that one possible strategy is to arrange an installment sale, thereby spreading out the tax over time and giving a buyer more time to come up with the cash needed to seal the deal. A sidebar discusses when it might be a good idea to “elect out” of installment sale treatment on a tax return.

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  • Pumping up tax breaks for company gyms

    April / May 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 460

    Abstract: The COVID-19 pandemic has caused many employers to rethink the way they’re using their physical premises. Businesses may now have fewer workers coming regularly to the office and may want to develop different uses of the space to better accommodate operations. One idea is to create an on-site athletic facility for employees. This article explains that besides creating goodwill and improving morale, this can result in a big tax payoff.

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  • Innovation can help your business thrive

    April / May 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 596

    Abstract: The COVID-19 pandemic has been a major blow to large parts of the economy. Although many businesses have managed to survive in these volatile and unpredictable conditions, some may be teetering on the edge of financial stress. This article notes that in difficult economic times, business as usual may not be sufficient to sustain profitability. It suggests that businesses should continually re-evaluate and re-imagine business operations to ensure they stay financially secure.

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  • Planning to unretire? What to consider before re-entering the workplace

    April / May 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 639

    Abstract: For many people, retiring from regular work is the ultimate goal. But for some retired people, “unretiring” can offer camaraderie, mental stimulation and a healthier bank account. This article explains, though, that before making the leap, individuals need to understand how taking this step can impact their Social Security benefits and Medicare coverage. It also provides a brief summary of the pertinent details.

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  • Don’t sleep on the dependent care credit

    April / May 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 877

    Abstract: There’s good tax news — and bad tax news — for parents who pay someone to watch their young children while they are at work. This article explains that under the American Rescue Plan Act, the dependent care credit for qualified expense was generally enhanced, providing bigger tax savings on 2021 returns. It also notes that the revamped credit is completely phased out for some high-income taxpayers. A sidebar discusses other options for the dependent care tax credit.

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  • Got crypto? Pay attention to new reporting requirements for digital assets

    Spring 2022
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 483

    Abstract: Those who’ve invested in specific digital assets — including most cryptocurrencies and some nonfungible tokens (NFTs) — need to be aware that new tax reporting rules will take effect starting with the 2023 tax year. The rules were added by the Infrastructure Investment and Jobs Act enacted in November 2021. This article explains the new reporting requirements for digital assets.

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  • Now may be the time for a cost segregation study

    Spring 2022
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 523

    Abstract: For business owners, now might be an ideal time to conduct a cost segregation study. During the COVID-19 pandemic, many businesses made improvements to their workspaces to make them safer for workers. A cost segregation study can help maximize the tax benefits associated with these improvements. This article explains that such a study can help businesses increase depreciation deductions, reduce tax bills and boost cash flow.

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  • Lighting a FIRE under your financial goals

    Spring 2022
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 651

    Abstract: Many people have been rethinking their approach to work and employment, and the COVID-19 pandemic has only accelerated this trend. This article notes that one strategy some people are considering is the idea of retiring early — in fact, even as soon as their 30s or 40s. This goal, sometimes known as Financial Independence, Retire Early (FIRE), requires an extreme focus on saving and frugality. The article points out that even those whose goals don’t include early retirement may gain some useful tips from aspects of the FIRE strategy.

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  • Consider taxes when moving to a new state

    Spring 2022
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 897

    Abstract: One byproduct of the COVID-19 pandemic is that for many jobs, remote work is here to stay. With greater flexibility to work from anywhere, many people are considering moving further away from their jobs, even to a new state. This article explains that relocating to another state can create income tax complications, so people will need to familiarize themselves with potential tax issues before they make a move.

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  • Love, honor — and pay taxes – A closer look at the marriage penalty

    February / March 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 443

    Abstract: The marriage penalty isn’t a specific provision in the Internal Revenue Code. But in certain circumstances, a married couple can end up paying more tax collectively than they would owe if they were each taxed as single filers. This article takes a look at how it works and how recent tax legislation has helped alleviate the penalty.

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  • Does it make sense to outsource your payroll?

    February / March 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 638

    Abstract: Ensuring employees are paid on time and for the right amounts, while also complying with the myriad regulations that govern wages and employment taxes, is critical to any business. It’s also often time-consuming and complicated. Along with the many regulations that govern paying employees, you need to safeguard all employees’ confidential information. This article suggests that to make sure all the bases are covered, businesses might consider hiring a payroll service provider to capably take on these responsibilities.

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  • Staying on top of collections

    February / March 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 699

    Abstract: It’s important for business owners to be aware of any red flags that prospective customers could be payment risks. And, if payment issues do arise, owners must act quickly to head off trouble. This article lists some warning signs of possible future collections problems to help business owners reduce risk when taking on new customers.

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  • It’s all in the family – Tax breaks that may benefit parents and children

    February / March 2022
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 868

    Abstract: Federal tax law already included many family-friendly provisions before some 2020 and 2021 legislation enhanced several tax breaks that benefit parents and children. With that in mind, this article offers some tax-saving opportunities taxpayers may be able to take advantage of on their 2021 income tax returns. A sidebar discusses the tax implications of adopting a child in 2021.

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