2016
Showing 161–176 of 722 results
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Data visualization helps banks combat money laundering
Fall 2016
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 545
Abstract: As federal banking regulators intensify their scrutiny of Bank Secrecy Act and Anti-Money Laundering compliance, community banks need to become more proactive in combating money laundering. One potential tool worth considering is data visualization software. This article examines recent compliance requirements and how to effectively incorporate data visualization software into a bank’s antifraud lines of defense.
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Accounting for credit losses – Get ready for CECL
Fall 2016
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 811
Abstract: In a dramatic change to bank accounting guidelines, the FASB recently finalized its long-awaited CECL model for estimating credit losses. This article highlights the most important elements of the new model, including its forward-looking approach (which involves its treatment of covered and PCD assets, as well as its position on estimating losses and accounting for AFS securities) and its impact on community banks. A sidebar explains when banks must adopt the CECL model.
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The future of autonomous vehicles
Fall 2016
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 279
Abstract: Autonomous vehicles could be the wave of the future. This short article discusses the current state of self-driving cars and makes some predictions about what this new breed of vehicle will mean for the auto industry and its dealers in the years ahead.
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In the crosshairs: Popular estate planning practice in jeopardy
Fall 2016
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 763
Abstract: A practice commonly used by many dealerships to reduce estate taxes could be on the chopping block. In August 2016, the Treasury Department proposed new regulations that would place limits on the use of this practice by all family-owned businesses, including dealerships. The practice involves discounting the value of ownership shares in a family-owned dealership when transferring them to heirs. This article explains how these valuation discounts work and how the regulations, as proposed, would change things.
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Vehicle recalls – Customers in, customers made permanent
Fall 2016
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 695
Abstract: Vehicle recalls can create an avalanche of work for a service department in a relatively short period of time, disrupting normal operations and making it difficult to meet regular customers’ service needs. But, as this article explains, recalls also are an opportunity for a dealership to gain new customers — and even raise customer satisfaction scores.
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Are you ready for the new overtime rules?
Fall 2016
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 800
Abstract: Since the 1930s, U.S. businesses have relied on rules detailed in the Fair Labor Standards Act (FLSA) to determine which employees are eligible to receive overtime pay. These rules are scheduled to change on December 1, 2016, for the first time in over a decade. This article explains what the law requires and why it’s important for dealer-owners to review positions at their dealership. Strategies to lessen the financial impact of the expected rules also are discussed. A sidebar highlights the three tests that can be used to determine whether or not an employee is considered exempt from overtime-wage regulations.
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Relying on management’s estimates of expected cash flow
September / October 2016
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 437
Abstract: Often, business valuations are based on estimates of expected cash flow, but it’s important to evaluate whether these estimates seem reasonable. This article explains the role that cash flow estimates play in valuing a business and the difference between forecasts and projections.
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Spotlight on the market approach
September / October 2016
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 626
Abstract: There are three general ways to value a business: the cost, income and market approaches. This article focuses on the market approach, comparing and contrasting two methods that fall under it: the M&A method and the guideline public company method. Both have intuitive appeal, as well as various downsides, so they’re not applicable in every valuation assignment.
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Define it before you assign it – A business interest can have many different levels of value
September / October 2016
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 657
Abstract: Control and marketability are two key issues when valuing a private business interest. Before your valuation expert starts gathering information to value a business, he or she must decide on the appropriate “level of value” based on the purpose of the appraisal and the characteristics of the ownership interest. This article explains the three levels of value and how control and marketability factor into each level.
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Deal of a lifetime – Market a business to maximize its selling price
September / October 2016
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 874
Abstract: When it’s time to sell, how a private business is marketed can have a significant impact on the cash available for distribution to owners. This article discusses current M&A trends, methods for establishing a reasonable asking price and why it’s important to do one’s homework before seeking prospective buyers. A sidebar discusses the tempered market response to the new online equity crowdfunding rules that recently went into effect.
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Tax Tips – Increase withholding to avoid underpayment penalty
September / October 2016
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 432
Abstract: These brief tips cover why taxpayers may want to increase withholding to avoid an underpayment penalty, whether businesses can defer taxes on advance payments, and how to make the most of year-end gifts.
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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.
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How basis planning can result in significant tax savings
September / October 2016
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 687
Abstract: A basic tenet of estate planning is to minimize gift and estate taxes. Yet with the exemption amount at $5.45 million for 2016 ($10.9 million for married couples), a vast majority of Americans won’t have to pay these taxes. For many this means that estate planning focuses on income tax planning. This article highlights one of the most valuable tax planning areas — the “stepped-up basis” rule.
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Accelerating depreciation deductions – A cost segregation study may reduce taxes
September / October 2016
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 854
Abstract: Businesses that acquire, construct or substantially improve a building may want to consider a cost segregation study. These studies combine accounting and engineering techniques to identify building costs that are properly allocable to tangible personal property rather than real property. The result may allow businesses to accelerate depreciation deductions, thus reducing taxes and boosting cash flow. This article details how a cost segregation study works and includes a sidebar on how the PATH Act enhanced it.
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Renting property to your business could backfire on your tax liability
September / October 2016
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 437
Abstract: If a taxpayer owns both property and a business, it just makes sense to lease the property to the business, right? Not always. This article highlights how this approach could bring on some dire tax consequences.
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IRS makes major change to tangible property regulations
September / October 2016
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 620
Abstract: The IRS’s 2013 release of its tangible property regulations explained how to distinguish between immediately deductible business expenses and capital expenditures that must be recovered over time through depreciation. The rules included a “de minimis” safe harbor that allows taxpayers to avoid capitalization of certain expenditures, thereby reducing their current-year taxable income. But the safe harbor imposed some restrictions that limited its value. This article summarizes IRS rule amendments that should allow more small businesses to immediately deduct more costs.