2023
Showing 401–416 of 460 results
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Bank Wire – FDIC offers guidance on multiple NSF fees
Winter 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 417
Abstract: This brief summary of the latest developments in banking looks at recent FDIC guidance to address the issue of multiple NSF fees, discusses an update to the FTC Safeguards Rule and notes that financial companies and institutions that fail to safeguard consumer data may violate federal consumer financial protection laws.
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Should community banks think about ESG initiatives?
Winter 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 602
Abstract: An increasing number of organizations — including many banks — are embracing environmental, social and governance (ESG) initiatives. Although being a good corporate citizen may be its own reward, there’s evidence that responsible ESG practices may produce ample financial benefits. This article points out that banks might benefit from evaluating the ESG impact of their activities and considering ways to incorporate ESG practices and initiatives into their operations.
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True or false? Assess borrowers’ financial restatements
Winter 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 635
Abstract: Occasionally, business owners or financial officers may determine that the business’s financial statements need to be revised or corrected. This article explains that when borrowers provide a bank with corrected or restated financial statements, the bank needs to be vigilant and double-check the numbers. It may be that the restatements simply correct an honest mistake. Alternatively, there may be fraud involved. The article highlights the importance of investigating the underlying cause of financial restatements to stay ahead of any potential problems.
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Monitoring and managing interest rate risk
Winter 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 900
Abstract: For community banks, interest rate risk is a part of doing business, so banks need to monitor that risk and take steps to control it. This article notes that the “right” level of risk depends on several factors, including the size and complexity of a bank’s operations, as well as the sufficiency of its capital and liquidity to withstand the potential adverse impact of interest rate fluctuations. It also points out that managing interest rate risk is particularly important in light of recent rate increases.
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Protect your practice from the many forms of fraud
Winter 2023
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 575
Abstract: It’s estimated that the average organization loses 5% of its annual revenue to fraud. Physician practices are no exception. Various types of malfeasance can not only hurt a practice financially, but also severely damage its reputation. This article explains the importance of protecting a medical practice against fraud by employees, vendors, patients and other individuals. The article suggests several preventive measures that may help, including implementing strong internal controls and cross-training.
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Should you use social media as a marketing tool?
Winter 2023
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 488
Abstract: Social media marketing isn’t for every practice. But if used carefully and skillfully as a marketing tool, social media can be a relatively inexpensive way of reaching current and prospective patients. This article looks at the pros and cons of using social media, and lists some essential best practices to ensure the optimum outcome. The article notes that to stay competitive in today’s sophisticated technological environment, many medical practices have established a social media presence.
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How to pick a new practice associate or partner
Winter 2023
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 748
Abstract: Sooner or later, a growing medical practice will need to take on another associate or partner to support that growth and keep the practice profitable long term. Of course, there is always a risk of picking the wrong person and throwing a wrench into the works. This article offers some ways to help ensure a mutually beneficial and successful working relationship, including asking pertinent questions and choosing the right compensation structure.
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Shooting for the stars – Use positive reviews to attract new patients
Winter 2023
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 869
Abstract: As business is increasingly conducted virtually, whether it involves shopping, banking or medical visits, among the best ways to attract new patients to a practice is via online reviews. Online reviews from other consumers — or patients — provide guidance that many people trust. This article suggests that medical practices should request online reviews as part of patient surveys. It points out that just as businesses rely on surveys and online reviews to market themselves and improve their products and services, physician practices can do the same. A sidebar provides some sample review questions.
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New law upgrades home energy credits
February / March 2023
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 453
Abstract: The new Inflation Reduction Act (IRA), signed in August of 2022, rewards homeowners for going green. This article explains that taxpayers now may qualify for either or both of two enhanced tax credits: the “residential clean energy credit” (previously the energy-efficient property credit) and the “energy-efficient home improvement credit” (previously the “nonbusiness energy property credit”). The article offers a brief overview of both credits.
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How to choose a trustee for your estate
February / March 2023
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 608
Abstract: One of the most significant aspects of an estate plan isn’t to whom the assets will be distributed but who will oversee their distribution. This article points out that the trustee an individual chooses will play a significant role in managing all of the financial aspects of the estate after death, so it’s wise to consider this decision carefully. The article explains some of the factors to consider in that decision, such as whether the trustee should be an individual or a professional and whether fees will be incurred.
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Navigating inflation – Chart a course for success
February / March 2023
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 687
Abstract: With prices jumping more than 8% over the past year or so, it’s not surprising that roughly 85% of small business owners recently said they’re concerned about the impact of inflation. This article suggests some steps business owners can take to help their businesses survive — and possibly even thrive — during these volatile economic times, including reviewing inflation’s impact by product line and investing in technology to improve efficiency.
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What method should you use to deduct business vehicle expenses?
February / March 2023
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 876
Abstract: Businesspeople who use their passenger cars, vans or pickup trucks for business driving can generally deduct expenses attributable to the use of those vehicles, just like one that’s owned by the business. But it’s important to note that they can deduct only the portion of their overall expenses that’s attributable to their business use. This article points out that there are two ways to arrive at a deduction for the current year — the actual expense method or the standard mileage rate. A sidebar presents an example of how the deduction might work.
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Can kids use a Roth IRA? Yes!
January / February 2023
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 327
Abstract: Parents may want to use Roth IRAs to help teach their kids about financial planning and saving for retirement. This short article looks at eligibility (children must have some earnings), contribution limits and rules about making withdrawals.
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If you have household help, you probably have tax obligations
January / February 2023
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 585
Abstract: Families that employ nannies, housekeepers, health care assistants and other in-home employees need to be aware of their tax responsibilities. This article looks at the “nanny tax,” explaining that these employers don’t have to withhold federal income tax from paychecks, unless the worker asks them to. However, they may need to withhold FICA taxes and pay the employer’s share of FICA taxes, as well as FUTA.
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Tips for TIPS investors – Protecting your savings from rising inflation
January / February 2023
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 612
Abstract: Although there’s nothing individuals can do about inflation, they can invest in Treasury Inflation-Protected Securities (TIPS). These low-risk Treasury bonds are designed to provide some inflation protection. This article explains how the value of TIPS is adjusted annually according to the consumer price index. It also warns against certain investment risks, such as underperformance when inflation is low.
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Spousal lifetime access trusts – How couples can lock in gift and estate tax exemptions
January / February 2023
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 925
Abstract: Affluent married couples may want to take advantage of the record-high federal gift and estate tax exemption before it disappears, yet might not be ready to part with their wealth. This article explores an option in this situation: the spousal lifetime access trust (SLAT). SLATs allow couples to leverage the current exemption amount while retaining access to trust assets. A sidebar explains the mutually beneficial concept of “his and her” SLATs.