2016
Showing 193–208 of 722 results
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Mind your P&Ps – Policies and procedures for Parts and Service
September / October 2016
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 805
Abstract: Having set policies and procedures is especially important in the Parts and Service department. Perhaps no other area of the dealership holds as much potential for high revenue and profits — or conversely, for waste, inefficiency and fraud. This article examines how to deter parts inventory fraud. It also gives tips for helping a Parts and Service department run more smoothly while reducing expenses and boosting profitability. A sidebar discusses ways to make sure that technicians are running the service area at peak efficiency.
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Saving tax dollars via cost segregation
September / October 2016
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 709
Abstract: One of the most effective tax-saving tactics for many dealerships is to perform a cost segregation study. This article describes how cost segregation works, suggests an additional way that cost segregation can be used at a dealership and points out the desirable professional background of the party performing the study.
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Construction Success Story – Growing business upgrades its accounting software
September / October 2016
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 439
Abstract: This issue’s “Construction Success Story” features a residential builder who had invested heavily in jobsite assets while his accounting system languished. After his bookkeeper elicited a cry for help, the contractor sat down with his CPA to discuss how to go about picking the right accounting software while sticking to a sensible budget.
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Get rolling on your transportation safety policies
September / October 2016
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 524
Abstract: Effective safety programs address all sorts of potential jobsite hazards. Yet one area that’s often overlooked is vehicle accidents, a fairly common occurrence on construction sites. This article explores a variety of important elements that contractors should consider when establishing transportation safety policies.
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Better numbers, better results: Job cost reporting
September / October 2016
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 649
Abstract: Once a project is underway, it’s easy for contractors to focus on other tasks rather than the numbers. Job cost reporting — the process of coding and allocating project expenses to track financial efficiency and profitability — is a mission-critical activity. This article offers several best practices to keep in mind, including refining estimates and identifying the most needed data.
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Year end tax planning – Depreciation-related tax breaks — still going strong
September / October 2016
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 867
Abstract: Now’s a good time for contractors to consider their tax situations for the year and to take steps that may help reduce their prospective liability. The PATH Act, passed late last year, kept depreciation-related tax breaks going strong. This article discusses the current specifics of Sec. 179 expensing and bonus depreciation. A sidebar looks at the research credit, which rewards innovation.
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Qualified settlement funds provide significant tax advantages
September / October 2016
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 405
Abstract: Lawyers for both plaintiffs and defendants should consider using qualified settlement funds (QSFs) to achieve smoother, more tax-efficient settlements. A QSF is a trust designed to hold settlement funds pending distribution to one or more plaintiffs. This brief article discusses the potential advantages of using QSFs.
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Reasonable compensation – IRS job aid offers guidance
September / October 2016
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 708
Abstract: The reasonableness of a business owner’s compensation is an issue in many valuation and litigation contexts. The IRS publication Reasonable Compensation: Job Aid for IRS Valuation Professionals can be a useful resource. This article lists the various situations in which reasonable compensation issues might arise and provides guidance to valuators about which approaches are most effective in those situations.
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Where’s the money? Ensuring fair outcomes in divorce cases
September / October 2016
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 594
Abstract: Allegations of hidden assets, or even fraud, can muddy the waters and heighten tension in divorce cases, making a fair resolution difficult. Especially when a private business interest is involved, valuation and forensic accounting expertise is key in helping spouses equitably divide their assets. This article discusses some strategies moneyed spouses sometimes use to attempt to hide business assets, delay revenue recognition or overstate expenses.
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Proving lost profits with “reasonable certainty”
September / October 2016
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 841
Abstract: Recovering lost profits generally requires a plaintiff to establish three elements: causation, foreseeability and reasonable certainty. The meaning of the third element, “reasonable certainty,” can vary significantly depending on the particular case. This article looks at the distinctions courts make and notes some factors they consider in determining reasonable certainty, including whether the business is established or unestablished, and the relevance of management projections. A sidebar offers a case study. Inspectronic Corp. v. Gottlieb Skanska Inc., 2016 N.Y. Slip Op. 00155 (N.Y. App. Div. 1/13/2016)
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Court rejects adjustment for tax consequences of a possible sale
September / October 2016
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 421
Abstract: Whether business value should be adjusted for taxes associated with a possible sale continues to be subject to debate among the courts. This brief article looks at a recent divorce case where the appellate court determined that taxes due at disposition were too speculative to consider. Nieman v. Nieman, No. 1-15-30, Dec. 14, 2015 (Ohio App.)
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Determining the value of human capital
September / October 2016
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 654
Abstract: A trained, skilled and innovative workforce able to work as a team to achieve strategic goals is worth its weight in gold to any employer. There are many circumstances, such as business combinations, divorce or shareholder disputes, in which companies might find it useful to determine the value of this intangible asset. This article explains how valuation professionals can provide objective market data and financial analysis to help support a human capital appraisal.
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Smartphones: The next fraud frontier
September / October 2016
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 570
Abstract: As smartphones have become a standard part of life for much of the population, they’ve also now become a standard target for hackers and other individuals with fraud-related intent. This article explains some of the risks associated with smartphones and shares some protective measures that users and administrators can take to reduce the odds of damaging attacks.
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Compare and contrast – Using the yardstick method to estimate a start-up’s damages
September / October 2016
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 840
Abstract: The yardstick method, which bases economic damages on the performance of comparable “guideline” companies, is a tried-and-true approach for estimating damages, but it has its limits. This article discusses a recent case where a federal district court did allow expert testimony that calculated damages for a start-up company based on comparisons with its market’s leader. Nevertheless, as a sidebar explains, the court cited a different case as “a worthy illustration of allowing a questionable yardstick analysis” to be presented to the court. Washington v. Kellwood Co., 105 F.Supp.3d 293 (S.D.N.Y. 2015) Celebrity Cruises Inc. v. Essef Corp., 478 F.Supp.2d 440 (2007)
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Timing is everything: Your income and expenses
October 2016
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 280
Abstract: They say timing is everything. It certainly holds true for income and expenses related to year-end tax planning. This brief article explains how to time the reporting of income and expenses for best results and which income and expense items may qualify.
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Have a pension? Be sure to plan carefully
October 2016
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 463
Abstract: The traditional pension may seem like a thing of the past. But many workers are still counting on payouts from one of these “defined benefit” plans in retirement. This article discusses important issues involved in choosing how to receive pension payouts.