FOC
Showing 33–48 of 393 results
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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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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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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.