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Showing all 13 results
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Big tax changes are in the works – What do they mean for your estate plan?
September / October 2021
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: The Biden administration and several lawmakers have proposed gift, estate and income tax changes that — if they become law — may have a significant impact on estate planning. In light of these potential tax law changes, it’s a good idea to consult with an estate planning advisor to discuss the potential impact of these changes and consider strategies for minimizing any negative effects. This article details the proposed tax changes that affect estate planning. A sidebar lists popular wealth-transfer techniques that may also be curtailed.
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Year-end tax planning – Depreciation deductions remain viable
Fall 2020
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: Like so many aspects of 2020, year-end tax planning will be different this year. Contractors should review tax-related legislation passed in response to the COVID-19 crisis, but some tried-and-true strategies remain viable. This article discusses Section 179 expensing, “bonus” depreciation and cost segregation studies. A sidebar reminds readers to manage cash flow independently of tax deductions.
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Year-end tax planning – Depreciation deductions remain viable
September / October 2020
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: Like so many aspects of 2020, year-end tax planning will be different this year. Contractors should review tax-related legislation passed in response to the COVID-19 crisis, but some tried-and-true strategies remain viable. This article discusses Section 179 expensing, “bonus” depreciation and cost segregation studies. A sidebar reminds readers to manage cash flow independently of tax deductions.
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Accounting for construction contracts – IRS targets large land developers
January / February 2019
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: The IRS Large Business and International (LB&I) Division is currently pursuing a “compliance campaign” against large land developers of residential communities for improper use of the more taxpayer-friendly completed contract method (CCM) of accounting. The IRS believes that some developers are deferring profits that should be recognized — and taxed — earlier. This article looks at what real estate developers need to know. A brief sidebar reviews IRS compliance campaign terminology.
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Get ready to recognize … differently – New accounting rules for revenue recognition are coming
November / December 2017
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: GAAP-compliant construction businesses will face an important change in about one year. That’s when Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers, begins to take effect for private companies. This article discusses the important modifications to revenue recognition that will occur under the new rules. A sidebar warns of additional disclosures to be required under the standard.
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What makes a leader an executive? Appeals court considers a key FLSA exemption
January / February 2017
Newsletter: Employment Law Briefing
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: Overtime pay under the Fair Labor Standards Act (FLSA) continues to be a contentious issue in U.S. courts. This article discusses a recent case in which the Eighth Circuit decided whether employees who worked as team leaders fell under the FLSA’s executive exemption. The case hinged on whether the employees’ hiring and firing recommendations had “particular weight.” A sidebar describes a similar case where a court couldn’t make a conclusive determination. Garrison v. ConAgra Packaged Foods, Nos. 15-1177/15-1428, August 15, 2016 (8th Cir.) Lankford v. Double Eagle Sports and Events, No. 14-cv-0083, March 10, 2016 (N.D. AL)
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Federal Circuit marks the spot – Multistep patents prove hard to defend
August / September 2013
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: Winning a patent infringement claim can be tricky — especially when the patent in question covers a multistep method or process. A U.S. appeals court recently made this abundantly clear in a case in which a patentee argued that another company’s mapping software systems directly performed all of the steps in the patented method. This article examines the court’s conclusion that the patentee failed to prove that each and every step of the method was performed, and therefore no direct infringement had occurred. But a sidebar notes that the court found that the lower court should have conducted an indirect infringement analysis, and sent the case back to the district court. Move, Inc. v. Real Estate Alliance Ltd., No. 2012-1342, March 4, 2013 (Fed. Cir.) Akamai Technologies Inc. v. Limelight Networks, Inc., No. 2010-1291, Aug. 31, 2012 (Fed. Cir.)
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Tax deal reshapes estate planning landscape
January / February 2013
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: The American Taxpayer Relief Act of 2012 (ATRA), signed on Jan. 2, not only averted the United States’ descent over the "fiscal cliff," but includes some welcome relief from both the large estate tax increases that had been scheduled to go into effect in 2013 and the uncertainty that has plagued the federal estate tax regime in recent years. This article examines the act’s effect on estate, gift and generation-skipping transfer (GST) tax rates and exemptions; exemption portability; and other estate planning provisions. A sidebar notes that the act makes it easier to convert a traditional retirement plan account into a Roth account.
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Wrapping up a gift acceptance policy
Fall 2010
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: All gifts aren’t created equal. Having a gift acceptance policy to refer to — and using it to decide whether to accept a donation — is important to an organization’s balance sheet, workload and reputation. This article explains why it’s important to reject gifts that are incompatible with an organization’s mission or that might present financial or administrative problems. It discusses the elements of a good gift acceptance policy and the particular considerations that may be involved with different kinds of gifts.
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Appreciate the art, science of valuation
June / July 2010
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: Lenders often have a stake in private company mergers and acquisitions, so it’s important that they know whether the target’s price is reasonable. Procuring a professional appraisal upfront can mean the difference between a long-term lending relationship and default. To help make informed lending decisions, lenders should know the standards of value used by appraisers, along with their valuation methodologies. A sidebar to this article points out the dangers of relying on generic valuation formulas.
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Good financial projections can help seal your deal
Year End 2009
Newsletter: Merger & Acquisition Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: Accurately projecting future earnings for a prospective buyer is critical if a business seller hopes to close an M&A deal successfully. This article discusses three of the most common financial projections used, and lists several data points that might bear special scrutiny. While no forecast will be perfect, an enterprise resource projection system can improve accuracy, and communications with the buyer can help keep the deal alive. A sidebar shows how financial projections can also help a company evaluate its health and reverse unwanted trends.
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Is construction management the same as general contracting?
September / October 2009
Newsletter: Construction Law Briefing
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: California courts are notorious for refusing to let unlicensed general contractors collect payments due them — even in cases where the license had lapsed only for a few days during a lengthy project. But one case shows that a court may draw a distinction between construction management and general contracting. At the heart of this case is whether an entity which provides construction management services to a private owner developing commercial real property is required to be licensed. This article describes the Court of Appeal’s decision and its reasoning, while a sidebar looks at the point of view of the lone dissenting judge.
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What standard should be used for divorce valuations? Fair market value vs. fair value
Spring 2009
Newsletter: Expert / Valuation & Litigation Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 956
Abstract: Courts have typically applied the fair market value (FMV) standard to estimate the value of businesses in divorce proceedings. Recently, however, attorneys for nonowner spouses have been increasingly requesting the use of the fair value (FV) standard. This article looks at a variety of cases over the last couple of decades. The arguments are worth noting, as the monetary difference between FMV and FV — for both owner and nonowner spouses — can prove substantial.