2021
Showing 385–400 of 551 results
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IRS scrutinizing 401(k) plan loan administration
April / May 2021
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 824
Abstract: Although its enforcement priorities are subject to change, the IRS gives plan sponsors a heads up about its intention to focus on areas it considers particularly prone to ERISA noncompliance. One such declared “strategic priority” for 2021 is the administration of plan loans. This article looks at what this may mean for plan sponsors, and a brief sidebar covers IRS self-correction programs.
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Stress testing – Does your portfolio pass the “what if” test?
March / April 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 397
Abstract: To expose any potential weaknesses, investors might want to perform occasional “stress tests” on their investment portfolios. This short article lists some adverse — as well as several positive — financial scenarios that can affect portfolio performance.
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Repayment plans can ease the pain of student loan debt
March / April 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 502
Abstract: These days, many student loan debtors are struggling to keep up with payments. But as this article explains, the federal government offers a variety of student loan repayment options, including graduated payment plans. There are also programs to help reduce monthly payments, such as the Revised Pay As You Earn plan.
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How to keep states from taxing you twice
March / April 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 668
Abstract: Federal law doesn’t explicitly prohibit multiple states from attempting to collect tax on the same income. So people who live and work in more than one state and want to prevent double taxation may need to take action. This article explains the difference between domicile and residence and how establishing domicile in one state can minimize unnecessary taxes.
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To make your savings last, consider phased retirement
March / April 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 895
Abstract: To help extend the life of their savings while easing some of the emotional strain associated with leaving the workforce, people approaching retirement age might want to consider phased retirement. This article outlines the strategy and its advantages — including deferral of RMDs and enhanced Social Security benefits. A sidebar discusses whether those aged 65 and older must enroll in Medicare.
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Tax Tips – Using qualified small business stock to attract investors
March / April 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 541
Abstract: These brief tips explain how qualified small business stock can help attract investors; detail proposed IRS regs related to the $10,000 limit on itemized deductions of state and local taxes (SALT); explore how making a “net gift” may reduce gift tax; and explain why hiring your children for your business can save taxes.
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A second marriage requires an estate plan review
March / April 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 525
Abstract: Many people view a second marriage as a fresh start and a new chance at happiness. However, before taking another walk down the aisle, it’s critical to take the time to review and, if necessary, revise one’s estate plan. This article provides answers to three key questions one should consider when getting remarried.
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Tips for avoiding IRS penalties
March / April 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 560
Abstract: Business owners who have been affected by the COVID-19 pandemic may be concerned about the ability to pay taxes on time or to pay a delinquent tax debt. Fortunately, it may be possible to obtain relief from harsh IRS penalties and other consequences of the tax collection process, provided action is taken soon. This article offers tips on how to avoid IRS penalties.
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Businesses provided a lifeline – CAA enhances PPP loans and extends Employee Retention Credit
March / April 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 923
Abstract: The Consolidated Appropriations Act provides much needed stimulus and tax relief for businesses hard hit by the COVID-19 pandemic. This article examines two of the provisions that business owners likely will be most interested in: the $284 billion in funding for forgivable loans through the Paycheck Protection Program (PPP), for both first-time and so called “second-draw” borrowers, and the extension of the Employee Retention Credit.
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NEWSBYTES – Charity Navigator acquires ImpactMatters
Spring 2021
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 437
Abstract: This issue’s “NEWSBYTES” reports on a recent Charity Navigator acquisition, registered voters’ views of nonprofits’ COVID response and a survey that examined Americans’ trust of nonprofits.
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Prevent the UBIT trap of corporate sponsorships
Spring 2021
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 559
Abstract: Landing a corporate sponsorship is an accomplishment, especially in today’s economy. And if a nonprofit gets lucky, it’ll want to prevent UBIT from cutting into its new income by meeting the requirements for a qualified sponsorship payment exception. This article explains that exception and regulatory terms such as “use,” “acknowledgment” and “substantial return benefit.”
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FASB issues new rules for reporting gifts-in-kind
Spring 2021
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 611
Abstract: More information will be required from nonprofits that use GAAP and receive nonfinancial assistance ― also known as gifts-in-kind ― than in the past as the result of a new FASB rule. ASU No. 2020-07, Not-for-Profit Entities (Topic 958): Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets, is intended to expand the transparency around such gifts. This article highlights key components of the rule.
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Budgeting in the shadow of COVID-19
Spring 2021
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 852
Abstract: Budgeting is always, to some degree, an exercise in uncertainty. But the current budgeting environment is unlike any experienced before. As a result of the COVID-19 crisis, many nonprofits have seen deep declines in revenue while the demand for their services has spiked. These and other pandemic-related factors may call for organizations to take a different approach to budgeting. This article discusses rolling budgets and reforecasting. A sidebar reflects on how nonprofits should budget for COVID-19-related expenses, such as sanitation-related services and employee assistance.
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Manufacturing after COVID-19
Spring 2021
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 417
Abstract: As some light at the end of the COVID-19 tunnel is visible, many manufacturers are turning their attention to the future. While the pandemic’s effects on manufacturing will, in some respects, be temporary, this short article looks at some of its lasting impacts on global manufacturing.
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Why a cost segregation study is a good idea – Accelerate depreciation deductions to reduce taxes and boost cash flow
Spring 2021
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: The COVID-19 pandemic has resulted in many companies conserving cash and not buying much equipment during the past year. An unintended downside is that businesses may not be able to claim the same amount of depreciation tax deductions as they have in past years. A cost segregation study may allow a business to accelerate depreciation deductions on certain items, thereby reducing taxes and boosting cash flow. This article reviews the rules on depreciating property; how, under the right circumstances, a cost segregation study can yield substantial tax benefits; who should conduct a study; and the elements of a study.
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COVID-19 relief legislation offers significant benefits for manufacturers
Spring 2021
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 682
Abstract: The Consolidated Appropriations Act (CAA), signed into law in December 2020, is known for authorizing a second round of direct stimulus payments to individuals and extending enhanced unemployment benefits. But the law also provides tax relief and new financing opportunities for businesses affected by the COVID-19 pandemic. This article highlights key provisions relevant to manufacturers.