2021
Showing 321–336 of 551 results
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Vetting subcontractors is more important than ever
Spring 2021
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 545
Abstract: General contractors must work hard to recover from project shutdowns/slowdowns caused by the pandemic and capitalize on what could be a stronger economy ahead. In this environment, vetting subcontractors for quality work and financial stability is more important than ever. This article reviews some basic tenets of prequalification.
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Is your buy-sell agreement up to date?
Spring 2021
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 665
Abstract: A buy-sell agreement is a critical tool for owners of closely held construction companies. To be effective, however, construction business owners need to review it periodically and, if necessary, modify its language to reflect changing circumstances. This article explores the importance of scrutinizing the valuation provision, which establishes the purchase price for a departing owner’s shares.
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Tax planning – Don’t forget about the CAA
Spring 2021
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 941
Abstract: The Consolidated Appropriations Act was signed into law on December 27, 2020, providing relief to individuals and businesses affected by the COVID-19 pandemic. In addition to reducing 2020 tax bills, the act provides several tax benefits for 2021. This article covers highlights that contractors should know about. A sidebar notes that expenses paid with Paycheck Protection Program loan proceeds are deductible.
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Tax calendar
April 2021
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 183
Abstract: This calendar notes important tax deadlines for the second quarter of 2021.
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How the CAA affects education funding
April 2021
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 299
Abstract: The Consolidated Appropriations Act, signed into law late last year, contains a multitude of provisions that may affect individuals. This article discusses how the law affects college education funding; specifically, student loans and tax credits.
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Be prepared for taxes on Social Security benefits
April 2021
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 435
Abstract: No one likes a surprise when filing a tax return. One thing that takes many older people off-guard is getting taxed on their Social Security benefits. This article explains how to calculate provisional income to determine whether your Social Security income is indeed subject to taxation.
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Worker classification is still important
April 2021
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 485
Abstract: If a business engages independent contractors to address staffing needs, it needs to be careful that these workers are properly classified for federal tax purposes. This article reviews the general rules for distinguishing an independent contractor from an employee.
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Considering a Roth IRA conversion
April 2021
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 585
Abstract: Future retirees have long grappled with whether to opt for a traditional or Roth IRA. Those who have a traditional IRA and have seen a decline in the value of their investments may want to consider a conversion to a Roth. This article reviews how these accounts work and the strategy in question.
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Tax Tips – Are you eligible for energy-efficiency tax breaks?
May / June 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 433
Abstract: These brief tips explain eligibility requirements for certain energy efficiency tax breaks; detail the benefits of the Work Opportunity Tax Credit; and explore the eligibility of non-itemizer taxpayers who wish to make charitable contributions.
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In your own words – A letter of instruction complements a will
May / June 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 479
Abstract: A smart estate plan should leave no doubt as to one’s intentions. Writing a letter of instruction can go a long way toward clearly communicating all of one’s thoughts and wishes. This article explains that the letter, unlike a valid will, isn’t legally binding, but can be valuable to surviving family members.
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Out with the old? Not so fast when it comes to disposing of tax records
May / June 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 648
Abstract: During the COVID-19 pandemic, most people have spent a lot of time at home, inspiring many to clear out some of the clutter in their living spaces. Those who’ve decided to tackle the boxes, bins or drawers full of paper files that have accumulated over the years may be wondering when it’s safe to dispose of tax records. This article offers guidelines as to when it’s safe to shred tax records.
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Don’t overlook tax considerations when selling your business
May / June 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 1024
Abstract: When the COVID-19 pandemic first hit, economic uncertainty caused many business owners contemplating a sale — as well as many prospective buyers — to put their plans on hold. Now that there’s some light at the end of the pandemic tunnel, interest in buying and selling businesses seems to be picking up. This article explores various tax considerations when selling a business. A sidebar examines potential state tax implications when selling a business.
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How to use smart technologies smartly
May / June 2021
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 402
Abstract: In response to buyer and tenant expectations, many owners and developers are now regularly incorporating smart technologies in their projects. But buyers and tenants understandably also have expectations regarding cybersecurity measures. This article reminds real estate professionals that while the risks are real, they can be significantly reduced with forethought and vigilance.
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Appropriations law addresses PPP forgiveness, tax treatment
May / June 2021
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 534
Abstract: The Consolidated Appropriations Act (CAA), signed into law in late December 2020, allocated additional funding for forgivable loans through the Paycheck Protection Program (PPP) — for both first-time and so-called “second-draw” borrowers who’ve been hit by the economic effects of the COVID-19 pandemic. It also includes several critical provisions related to loan forgiveness and tax treatment that should be of interest to all PPP borrowers. This article highlights the latest information.
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Applying for construction loans today
May / June 2021
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 639
Abstract: As the economy recovers from the COVID-19 pandemic, real estate investors and developers may need construction loans. This article provides an overview of the financial and nonfinancial information that lenders will consider as they evaluate loan applications.
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2020 case roundup – How the IRS challenges conservation easement charitable contributions
May / June 2021
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 834
Abstract: Conservation easements can provide a useful vehicle for achieving both tax planning and charitable goals. But it’s not unusual for the IRS to question the validity of charitable contribution deductions based on the easements. In three 2020 cases, the IRS argued that deductions weren’t permissible because the easement deeds didn’t protect the conservation purposes in perpetuity, as required by federal tax law. This article summarizes the results. And a brief sidebar reviews the Tax Court evaluation of facade easements.