634
Showing 1–16 of 28 results
-
Tax records: What can you toss and what should you keep?
April 2024
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: Generally, the IRS has three years to audit a tax return, from the later of the due date of the return, or the date the return is filed. But many exceptions exist that make it prudent to keep financial records even longer. Some states also have different records retention requirements. Here’s the lowdown on records retention, broken down by various types of documentation.
-
Don’t let corporate sponsorships trip you up
February / March 2023
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: With some financial experts predicting that a recession looms on the horizon, corporate sponsorship dollars can be appealing. However, nonprofit organizations need to take care when crafting such arrangements — or possibly face an unexpected tax bill. This article examines the definition of qualified sponsorship payments, and the difference between advertising and acknowledgments. Source: Internal Revenue Code Section 513(i)
-
Prepare for scrutiny – IRS audits may soon become more common
January / February 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: In recent years, the IRS has audited only about 0.5% of individual tax returns. But the Biden administration is pushing for the IRS to help close the tax gap. Although it’s still not clear which groups may see increased audits, the IRS has historically targeted higher-income individuals. This article walks taxpayers through the audit process.
-
Stock options — the right carrot in today’s job market?
Spring 2020
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: When nationwide unemployment is minimal, companies may struggle to fill staff positions. This article describes how offering equity-based compensation to job candidates is one recruitment strategy to consider. Stock options have proved to be an effective tool for attracting executives and other employees, as well as retaining and motivating them. Highlighted are ISOs, NQSOs and restricted stock.
-
Employee or independent contractor? Consider these factors
October / November 2019
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: For-profit companies aren’t the only organizations that struggle with whether their workers should be treated as employees or independent contractors. Nonprofits also can harbor uncertainties about whether workers are employees for whom they must withhold and pay Social Security, Medicare and unemployment taxes. This article explains key considerations regarding the independent contractor vs. employee question. And it discusses how the IRS and the courts evaluate three basic factors that establish the employer’s degree of control over a worker.
-
Nexus could influence your out-of-state business plans
Fall 2018
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: Businesses considering doing business in another state estimate new income and expenses. But they also must fully take new taxes into account. This article explores what activates nexus, the option of market-based sourcing and planning for change.
-
What you need to know about construction loans
May / June 2018
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: To help secure a construction loan, it pays to understand the lender’s mindset. This article offers a primer on how the loan process works and discusses four ratios that lenders use to scrutinize a loan request: loan-to-value, loan-to-cost (LTC), debt-service-coverage and net-worth-to-loan-size.
-
Credit card use – Having a policy can thwart misuse
February / March 2017
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: When it comes to fraud in any organization, credit cards are frequently a fraudster’s tool. And credit card use is so commonplace today that there’s always the risk of improper charges to an account. This article addresses the important first step in protecting a nonprofit against credit card misuse — developing a credit card use policy. Important components of a policy, documentation and credit card statement reconciliation are discussed.
-
Do you know the tax impact of your collectibles?
Year End 2016
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: Many collectibles are more sought after, and more valuable, than ever. But that value has tax consequences when collectibles are sold at a profit, donated to charity or transferred to the next generation. This article explains those tax consequences and some of the applicable IRS rules.
-
Watch out for the alternative minimum tax
September / October 2016
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: The IRS designed the alternative minimum tax (AMT) to prevent the wealthy from exploiting certain tax breaks to avoid paying their fair share of taxes. Today, however, the AMT ensnares an increasing number of middle-class and upper-middle-class taxpayers. This article summarizes the AMT exposure and offers planning strategies that can reduce or eliminate the tax.
-
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.
-
How to help employers build their wellness programs
Winter 2016
Newsletter: Healthcare Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: Many businesses establish wellness programs to encourage a healthier, more productive workforce and save on benefits costs. By assisting local employers in the endeavor, a hospital can both promote a healthier community and market its own excellence as a health care provider. This article discusses how to work with employers in setting up a wellness program.
-
Overcoming ESI evidence authentication hurdles
Winter 2016
Newsletter: Expert / Valuation & Litigation Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: Electronically stored information (ESI) poses certain challenges in litigation — particularly when it comes to authentication. This article describes several processes experts use to authenticate ESI. These include examining metadata and digital signatures and following self-authentication methods such as time stamping.
-
Hugh v. Hugh – Determining value in marital dissolution cases
September / October 2015
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: What type or quantity of evidence is needed to establish the value of a business for marital dissolution purposes? This was one of the key issues in a recent case, Hugh v. Hugh, and this article looks at the details of the case as well as the pertinent court decisions. The article notes that, when financial information isn’t available in divorce cases, an experienced and well-qualified appraiser can extract the necessary information to arrive at a value for equitable distribution purposes. Hugh v. Hugh, Nos. 1417-13-4, 1438-13-4 (Va. Ct. App. 6/3/14)
-
It’s about time – Keep your deal moving — but not too quickly
August / September 2015
Newsletter: Merger & Acquisition Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: Once a business buyer and seller agree to merge, the deal can take anywhere from six to 18 months to conclude. But as this article explains, many factors, including financing difficulties and regulatory holdups, can all affect timing. Parties to an M&A are urged to map out a loose timeframe for their deal, but to retain some flexibility and be wary of shortcuts.
-
Gauging the quality of accounts receivable
August / September 2015
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: Borrowers often pledge accounts receivable as loan collateral. But lenders shouldn’t necessarily take receivables at face value. Poorly maintained or fraudulent balances hobble the lender’s ability to recover losses. This article introduces the due diligence procedures that lenders should perform to help ensure that the book value of accounts receivable is accurate and up to date.