594
Showing 1–16 of 29 results
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Maintaining your tax-exempt status
Year End 2023
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: Tax-exempt status isn’t necessarily forever. It may not happen frequently, but the IRS does revoke the status when nonprofits engage in substantial disqualifying or nonexempt activities. The agency recently updated the audit guidance for its examiners regarding such tax-exempt status violations. For organizations venturing into business activities these days, this article summarizes what the IRS is looking for.
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Complementary documents – An estate plan benefits from a living trust and a pour-over will
July / August 2023
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: A primary reason people want to keep their assets out of probate is because it’s a public process. It can also be time consuming and costly. A living trust is a popular document in a comprehensive estate plan because assets transferred to it don’t have to pass through probate. But what about the assets that weren’t transferred to a living trust during a person’s life? This article explains the benefits of pairing a living trust with a pour-over will.
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How to estimate lost profits for a start-up business
March / April 2023
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: The usual methods of calculating lost profits may fall short when a start-up is involved. This article explains alternative methods of assessing damages that experts use for companies without an established track record.
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How to estimate lost profits for a start-up business
March / April 2023
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: The usual methods of calculating lost profits may fall short when a start-up is involved. This article explains alternative methods of assessing damages that experts use for companies without an established track record.
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Know the company’s value before meeting with lenders
July / August 2022
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: An understanding of a company’s value is critical when applying for new loans to grow the business or renegotiating existing terms to be more favorable. This article explains why a balance sheet can present an incomplete picture of financial position. Current market values are based on future earnings and the prices paid for comparable companies.
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Know the company’s value before meeting with lenders
July / August 2022
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: An understanding of a company’s value is critical when applying for new loans to grow the business or renegotiating existing terms to be more favorable. This article explains why a balance sheet can present an incomplete picture of financial position. Current market values are based on future earnings and the prices paid for comparable companies.
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Go electronic: Digitize your important documents
Winter 2022
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: In an age where nearly all facets of life are digitized, it may be time to consider electronic forms of document storage for both practical and environmental reasons. This article explains that if done properly, digital document storage can be a safe and efficient way to “keep” documents secure, even absent hard copies.
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Executive compensation requires informed decision-making
April 2020
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: Business owners want to compensate themselves and their top executives fairly and competitively for their work, results and commitment. But how can they do so without attracting undue IRS scrutiny and claims of inappropriate compensation? This article explains some important factors to consider for both C corporations and flow-through entities.
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Oops, you overfunded your 529 plan — now what?
Spring 2020
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: If money is held too long in a Section 529 college savings plan, there could be tax consequences. This article describes alternatives for savers who have overfunded their accounts.
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4 common payroll fraud schemes
March / April 2020
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: Dishonest employees may test the waters with payroll scams before they attempt bigger, bolder fraud ploys. Staff training can help reduce an employer’s risk. This article covers four payroll-related scams: 1) doctored hours, 2) ghost employees, 3) commission fraud and 4) direct deposit redirect schemes.
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The tax side of transportation benefits: Are you up to speed?
Winter 2020
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: One provision of the Tax Cuts and Jobs Act (TCJA) dramatically altered the treatment of so-called “qualified transportation fringes” (QTFs). This article explains the new treatment including the IRS’s interim guidance that helps nonprofits determine how much they must increase their UBTI if they offer qualified parking benefits. Several other clarifications in the guidance are discussed.
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Not every plan that benefits retirees is an ERISA plan
June / July 2019
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: The fact that a compensation arrangement can provide a substantial source of income in retirement doesn’t make it subject to ERISA. That was the result the U.S. Court of Appeals for the Second Circuit delivered to three former partners of Booz Allen, a consulting company. This article reviews the case, which serves as a helpful primer on the definitional limits of an ERISA “retirement” plan.
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How tax law changes may affect the cost of capital
November / December 2018
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: The costs of debt and equity capital are key components of business value under the income approach. But traditional methods of calculating the cost of debt, the cost of equity and the relative percentages of debt vs. equity financing may not be relevant under the Tax Cuts and Jobs Act (TCJA). This article explains what the weighted average cost of capital (WACC) is, how it’s used in the income approach and what aspects of the income approach could change for valuations with effective dates after the TCJA was enacted.
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Document storage solutions – Should you use an electronic filing cabinet?
Fall 2018
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: Traditionally, important financial and tax documents have been stored in paper form in a filing cabinet, fireproof safe or bank safe deposit box. But in the digital age, electronic document storage — also sometimes referred to as “electronic filing cabinets” ― is gaining in popularity. This article discusses the trend of electronic storage, as well as the pluses and minuses of Web-based and self-hosted storage systems.
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Estate of Kollsman – The valuation of art . . . and the art of valuation
March / April 2018
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: The U.S. Tax Court recently decided a high-profile estate tax case involving the valuation of two Old Master paintings from the 17th century. This article summarizes the details of this case and explains how it has implications that extend to valuations of other types of assets. Estate of Kollsman v. Commissioner, T.C. Memo. 2017-40 (Feb. 22, 2017)
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How to steer clear of tax issues related to shareholder loans
Fall 2017
Newsletter: Business Matters
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: Owners occasionally borrow funds from their businesses. This article explains the importance of treating these transactions as bona fide loans and charging an “adequate” rate of interest. It also provides a list of factors the IRS considers when evaluating corporate advances to shareholders.