2012
Showing 577–592 of 717 results
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Winning the battle, but losing the war — A look at Estate of Gallagher
March / April 2012
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 717
Abstract: A recent U.S. Tax Court case addressed, among other things, the admissibility of subsequent data, the guideline public company method, tax affecting, and valuation discounts, providing insight into the court’s stance on a broad range of valuation issues. The article notes that, though no additional tax liability was assessed against the estate, the decision wasn’t entirely a victory for taxpayers, because the court sided with the IRS on many key issues.
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Who, what, why and when? — Preparing for an appraisal
March / April 2012
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 905
Abstract: Business owners, attorneys and other interested parties who understand valuation terms, anticipate information requests and provide reasonable timelines will be able to minimize errors and surprises. This article explains how to outline the parameters of a valuation assignment, including its standard and basis of value. It also lists some of the important data the valuator compiles concerning the subject company and emphasizes the importance of early and ongoing communication with the appraiser to ensure needs are met.
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Lost earnings: Breaking down the damages calculation process
March / April 2012
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 735
Abstract: Lost earnings can be one of the more challenging categories of damages to calculate. Just as every employee is different, so too is the combination of base earnings, benefits and other factors that an expert must consider. For this reason, damages experts generally break the process into several steps, which include considering retirement and fringe benefits and anticipating disputes.
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New model order – Federal Circuit targets e-discovery costs
March / April 2012
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 521
Abstract: The Chief Judge of the U.S. Court of Appeals for the Federal Circuit has introduced a new model order for e-discovery. This article notes that, while the order was developed specifically for patent cases, it’s possible that it could also be adapted for less complex types of litigation in the future. Among other issues, the order addresses e-mail, search terms, and privilege and work product protections, with an eye toward reducing discovery expenses.
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How data mining helps fight the war against fraud
March / April 2012
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 458
Abstract: Fraud investigators use data mining techniques to extract and analyze digital data from databases. This article describes where the information comes from and how it’s extracted. Thorough analysis is as important, if not more so, than the collection of data; therefore, investigators look for specific red flags that might indicate underlying fraud.
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Ninth Circuit delivers welcome ruling on charitable freezes
March / April 2012
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 1015
Abstract: Now is an appealing time to make large gifts, but IRS challenges to the valuation of transferred assets could result in unexpected gift taxes. However, the Ninth U.S. Circuit Court of Appeals recently favored a taxpayer who’d implemented a gifting strategy to avoid additional taxes from an IRS revaluation: the charitable freeze. This article discusses this strategy and why the court decided that the IRS erred in blocking a gift tax deduction. A sidebar talks about how the court expressly invited the U.S. Treasury Department to amend its regulations if it’s troubled by the consequences of the court’s decision.
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Be wise when donating to charity
February / March 2012
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 729
Abstract: There are ample opportunities to donate to many worthy causes— and to reap sizable tax deductions. The key is to make donations wisely. Otherwise, deductions may not be as large as they could be, or even be allowable at all. As this article explains, it’s important to first determine whether the organization is considered “qualified” by the IRS, so that contributions are deductible. Then one should consider the tax ramifications of different types of donations. And it’s important to maintain records that confirm contributions. A sidebar shows why donating stock is more tax-advantageous than donating cash.
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Selecting a C corporation’s tax year
February 2012
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 513
Abstract: Businesses that operate as C corporations have substantial flexibility when selecting a tax year. However, businesses that operate as partnerships or S corporations are restricted by law in their choice of a tax year. Once selected, a tax year generally must be maintained until the business is required or elects (with IRS permission, if necessary) to change it. This article discusses the two types of tax years and the considerations involved in choosing one.
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Taxable or nontaxable income?
February 2012
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 476
Abstract: Most of the income people receive is taxable, but certain types of income are only partially taxed or not taxed at all. This article lists some of the more common types of income that individuals receive and an indication of how they are treated for federal income tax purposes.
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The Unearned Income Medicare Contribution
February 2012
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 124
Abstract: This article briefly discusses the Unearned Income Medicare Contribution (UIMC) surtax on net investment income, to take effect in 2013.
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Capital gains and losses
February 2012
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 289
Abstract: Technically, almost everything owned and used for personal, pleasure or investment purposes is a capital asset. Capital assets include, but are not limited to, homes, household furnishings, stocks, bonds and mutual funds. When a capital asset is sold, the difference between the amount paid (one’s basis) and the amount it’s sold for is generally a capital gain or loss. This article offers some important facts about capital gains and losses.
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Head of household filing status
February 2012
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 298
Abstract: Failure to use head of household (HOH) filing status is a common tax filing mistake. HOH status is preferable to single or married filing separately status because the tax rate brackets are more favorable (except for the 35% single bracket) and the standard deduction is larger. This article lists the requirements for HOH status.
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News for Nonprofits – Salary hikes remain small – Don’t forget iPad users
February / March 2012
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 441
Abstract: This issue’s “News for Nonprofits” discusses a recent survey showing that budgeted salary increases for nonprofits are expected to remain lackluster in 2012. It also discusses the importance of ensuring that marketing and fundraising communications be designed with an eye toward the increasing number of tablet users.
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Are you “passing the hat” out of state?
February / March 2012
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 358
Abstract: Most not-for-profits have databases that contain many older and retired contributors who’ve moved out of state or live there only part of the year. Additionally, some corporate contributors — or potential contributors — may be based in a state that the organization doesn’t call “home.” As this brief article shows, these out-of-state donors present both risks and opportunities.
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Going for the gold — Apply solid grant-writing techniques to your quest
February / March 2012
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 944
Abstract: Competition for a grant can be greater than ever, so a not-for-profit hoping to become a grant recipient needs to produce a proposal that will shine. This article explores how to begin researching potential funders — not only private foundations, but also local, state and federal governments and corporations. After finding a prospect, the next step is to determine what they’re looking for, and to write a proposal that explains what the nonprofit is trying to accomplish and how it expects to get there.
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Protect your nonprofit by cross-training staff
February / March 2012
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 877
Abstract: The cross-training of accounting personnel and other employees — teaching them how to do each other’s jobs — can help protect an organization from an absence in the short or long term. This article describes the benefits to both companies and employees. But it’s not for everyone: It’s important that companies pick employees who are interested in particular areas of the operation and are open to change. And, as a sidebar explains, cross-training programs are most successful when nonprofits are attuned to some of the prickly issues that can arise.