899
Showing all 16 results
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Occupational Fraud 2022: A Report to the Nations – Are you doing enough to combat fraud?
Spring 2023
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: Occupational fraud — that is, fraud committed by employees — is a significant problem for all businesses. According to the Association of Certified Fraud Examiners (ACFE), organizations lose 5% of their revenue to fraud every year, and manufacturing is among the most frequently hit industries. The ACFE’s Occupational Fraud 2022: A Report to the Nations is based on data supplied by certified fraud examiners around the world. This article reviews the report’s findings and provides suggestions for ways manufacturers can implement antifraud controls. A brief sidebar reviews the importance of recognizing certain employee behaviors that can be a red flag for fraud.
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One and done: Funding a business with one large customer
October / November 2021
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: When lending to a small company that earns the lion’s share of its revenue from a single source, the primary concern is how to assess the likelihood that the borrower will retain that “key” customer. This article offers several questions lenders can ask to help evaluate a loan application from a business that earns much, if not all, of its revenue from one large customer. A sidebar suggests some questions to ask supply chain partners and end users.
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The kiddie tax: What’s new is old again
January / February 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: The SECURE Act has restored older rules to the federal “kiddie tax.” As this article explains, those contemplating financial gifts to their children need to understand the impact of the tax in its current form. Also, if they made gifts in 2018 or 2019 and calculated kiddie tax on their children’s returns, they may want to amend them. A sidebar provides guidelines for taxpayers contemplating amending their returns.
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6 common valuation pitfalls in shareholders’ agreements
January / February 2020
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: The purpose of a buy-sell agreement is to ensure a smooth transfer of ownership and avoid disputes over the buyout price when an owner dies or leaves the business. This article lists pitfalls that are common in poorly written or incomplete buy-sell agreements — and how clients can avoid them. A sidebar showcases how an imprecise buy-sell can lead to unpleasant surprises. R. Kashmiry and Associates, Inc. v. Ellis, 105 N.E.3d 498 (Ohio Ct. App. 2018)
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6 common valuation pitfalls in shareholders’ agreements
January / February 2020
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: The purpose of a buy-sell agreement is to ensure a smooth transfer of ownership and avoid disputes over the buyout price when an owner dies or leaves the business. This article lists pitfalls that are common in poorly written or incomplete buy-sell agreements — and how clients can avoid them. A sidebar showcases how an imprecise buy-sell can lead to unpleasant surprises. R. Kashmiry and Associates, Inc. v. Ellis, 105 N.E.3d 498 (Ohio Ct. App. 2018)
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Now or later – When’s the right time to transfer your wealth?
January / February 2020
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: To gift or not to gift? It’s a deceptively complex question. The temporary doubling of the gift and estate tax exemption is viewed by many as a “use it or lose it” proposition. But giving away wealth now isn’t right for everyone. Depending on one’s circumstances, there may be tax advantages to keeping assets in one’s estate. This article explains the tax consequences of making lifetime gifts vs. bequests at death. A sidebar details how to build flexibility into an estate plan.
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General contractor focus – Be mindful about subcontractor retainage
November / December 2019
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: Most construction projects succeed because of the strong relationships between general contractors and subcontractors. One source of conflict that can quickly sour the rapport is retainage. This article explains why general contractors should take a mindful approach to remitting subcontractors’ retainage. A sidebar looks at how to deal with slow-paying owners.
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Electing directors with consequences – Methods for board of directors elections matter
August / September 2017
Newsletter: Public Company Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: The system a company uses to elect directors can significantly affect whether the board is truly responsive to the shareholders it represents. Recently, the Council of Institutional Investors (CII) reviewed the various voting methods and concluded that the only approach with “teeth” is “consequential majority voting.” This article summarizes the CII findings and includes a sidebar on the use of professional board members.
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6 classic techniques for protecting your assets
September / October 2016
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: Asset protection should be a key component of wealth planning for people whose professional, business and other activities expose them to potential financial liability. This article outlines six techniques for protecting assets, including holding title to a principal residence as a tenant by the entirety and setting up a domestic asset protection trust. A sidebar warns individuals with offshore trusts that they must comply with reporting requirements.
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Estate planning for young families – Flexibility is the key
February / March 2015
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: Younger taxpayers are faced with a dilemma: Should they minimize gift and estate taxes through lifetime gifts? Or, should they keep assets in their estates to help ease the potential income tax burden on their heirs? The right strategy depends on which taxes will have the biggest impact. For those whose life expectancy might be 30 years or more, this is nearly impossible to predict. But waiting for things to become more certain can result in missed opportunities. This article discusses strategies that make it possible to build some flexibility into an estate plan. A sidebar discusses the possibility of returning assets to an estate as a way of maintaining flexibility.
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For-profit subsidiaries – Create your own funding source
Year End 2012
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: To be less dependent on others for their survival, nonprofits could consider forming their own for-profit subsidiary. Avoiding unrelated business income is the top reason why not-for-profits create a for-profit enterprise — but such enterprises can also offer greater flexibility on issues such as compensation and access to financing. Yet, as this article explains, establishing a separate entity has its own costs and complexities, such as management, personnel, tax, audit and other requirements.
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How to keep business ethics front and center
Year End 2011
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: Acting in a less-than-honorable fashion not only can expose a business to possible criminal charges, but also can encourage employees and business partners to also act unethically. Fostering an ethical workplace requires management to value honesty and integrity, and hire employees whose values match the company’s. This article discusses the importance of management setting the tone at the top and of instituting formal policies — including strong internal controls — to ensure ethical behavior. A sidebar notes a survey showing that smaller businesses are particularly vulnerable to fraud.
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Crossing the border – A guide to multistate licensing
July / August 2011
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: Performing an out-of-state job is more complicated than just crossing the border with a crane and crew in tow. Most states require contractors to obtain licenses — even if they hold licenses in their home states. Those who skirt the licensing process can get slapped with civil or criminal penalties, such as significant fines. This article shows the necessity of advance preparation and research, along with some of the specific steps involved in the application process. A sidebar explains why submitting a bid without a license can have serious consequences.
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New accounting rules may affect your M&A deal
June / July 2008
Newsletter: Merger & Acquisition Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: New accounting rules issued by the Financial Accounting Standards Board (FASB) could require M&A participants to perform more extensive valuation work. They might also increase costs and lengthen the negotiation process. This article explains how the rules require buyers to scrutinize certain provisions in some transactions, report transaction fees differently, provide more upfront recognition of deal contingencies, and even terminate some marginal deals.
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Fraud’s a factor in solvency analysis
May / June 2008
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: In bankruptcy cases, a lot hinges on whether the debtor was insolvent when certain transactions took place. For example, some payments and transfers the debtor made within a specified time before filing for bankruptcy may be recovered as fraudulent transfers if the debtor was insolvent at the time of the transaction. This article discusses a recent case that addresses issues regarding fraud’s impact on insolvency. Citation: Edgewater Medical Center v. Edgewater Property Company, 373 B.R. 845 (Bankr. N.D. Ill. 2007).
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Don’t let S corporation stock throw you a curve
February / March 2008
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 899
Abstract: The S corporation remains one of the most popular entity choices for closely held businesses. From an estate planning perspective, however, S corporation stock can complicate matters. This article details the pros and cons of four types of trusts that can hold S corporation stock.