2024
Showing 49–64 of 147 results
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Being a little “extra” with a schedule of contracts in progress
March / April 2024
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 675
Abstract: There’s no doubt that every construction business needs accurate, well-produced financial statements. However, as the company grows, it may want to expand those financial statements to include supplementary “schedules.” This article focuses on a particularly useful example: the schedule of contracts in progress.
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Joint employer final rule – Construction companies should beware of liability
March / April 2024
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 925
Abstract: In 2023, the National Labor Relations Board issued a new final rule that dramatically changes the definition of “joint employer” for purposes of the National Labor Relations Act. The new rule could have serious legal consequences for some construction companies. This article reviews the history of the joint employer rule and describes the potential negative impact of its latest version. A sidebar suggests some basic measures that contractors can take to protect their businesses.
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Is now the time to invest in electric vehicles?
Winter 2024
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 443
Abstract: Most companies today are undertaking serious efforts to reduce their carbon footprints and combat climate change. This is certainly a major imperative and challenge for construction businesses. One major step to consider is replacing gas-powered vehicles with electric vehicles. This article explores viable reasons to do so, including some valuable tax incentives currently available.
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Launching a venture as a limited partnership
Winter 2024
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 536
Abstract: When starting up a new business, contractors have a multitude of choices regarding how to legally structure the company. They also need to think about how they’re going to raise capital for the fledgling construction business while managing tax liability and risk. This article focuses on one entity choice that’s particularly well-suited for new ventures: limited partnerships.
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Read up on DBA rules before bidding on public jobs
Winter 2024
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 668
Abstract: Construction companies that perform on federally funded projects must grapple with the Davis-Bacon Act (DBA), which sets worker compensation based on the prevailing wage rates in the area. Most states have similar rules. It’s critical for contractors to know all applicable rules so they can prepare accurate bids and manage labor costs. This article discusses the latest DBA rules, which apply to contracts entered into after October 23, 2023.
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Group captive insurance may suit construction companies
Winter 2024
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 928
Abstract: Every business needs various types of insurance to manage risk. For construction companies, however, it’s particularly important. Of course, sufficient insurance comes with considerable costs. One way some construction businesses may be able to manage these costs is to join a group captive insurance arrangement. This article explains how these arrangements work, including the tax impact, benefits and risks. A sidebar notes that the IRS is increasingly scrutinizing and challenging “microcaptives.”
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Building blocks for the cost of capital – How interest rates and market volatility affect business valuations
March / April 2024
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 449
Abstract: Today’s market conditions are uncertain. Higher interest rates and stock market volatility generally translate into lower business values. This article discusses how negative market conditions impact value and ways to counteract those effects.
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Valuation of conservation easement leads to battle of experts
March / April 2024
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 580
Abstract: Judges aren’t valuation experts. Their role is to weigh the evidence on the record and determine the value of property based on expert opinions. This article summarizes a recent U.S. Tax Court case that provides guidance on the method used to value a conservation easement for charitable deduction purposes, as well as valuable insight into the court’s role in evaluating expert testimony. Champions Retreat Golf Founders, LLC v. Commissioner, T.C. Memo 2022-106 (Oct. 17, 2022).
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Using structured settlements to finance business sales
March / April 2024
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 603
Abstract: Structured settlements are commonly used to pay claims and damage awards in personal injury lawsuits. However, these arrangements — composed of annuity payments from an insurance company — can also be used to finance the sale of some closely held businesses. This article explains how this creative strategy works.
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In re Tesla Motors, Inc. Stockholder Litigation – SolarCity acquisition satisfies “entire fairness” review
March / April 2024
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 882
Abstract: Under the business judgment rule, courts generally defer to a board of director’s decisions regarding corporate transactions. However, if a plaintiff can show that a board acted in bad faith, engaged in illegal acts, was grossly negligent or had a conflict of interest, courts will generally apply the more stringent “entire fairness” test to evaluate the board’s actions. This article summarizes a recent case that demonstrates how this test works. A sidebar explains how fairness opinions may help avoid valuation disputes. In re Tesla Motors, Inc. Stockholder Litigation, 298 A.3d 667 (Del. 2023). Kahn v. M & F Worldwide Corp.,88 A.3d 635 (Del. 2014).
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Building blocks for the cost of capital – How interest rates and market volatility affect business valuations
March / April 2024
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 449
Abstract: Today’s market conditions are uncertain. Higher interest rates and stock market volatility generally translate into lower business values. This article discusses how negative market conditions impact value and ways to counteract those effects.
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Valuation of conservation easement leads to battle of experts
March / April 2024
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 580
Abstract: Judges aren’t valuation experts. Their role is to weigh the evidence on the record and determine the value of property based on expert opinions. This article summarizes a recent U.S. Tax Court case that provides guidance on the method used to value a conservation easement for charitable deduction purposes, as well as valuable insight into the court’s role in evaluating expert testimony. Champions Retreat Golf Founders, LLC v. Commissioner, T.C. Memo 2022-106 (Oct. 17, 2022).
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Using structured settlements to finance business sales
March / April 2024
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 603
Abstract: Structured settlements are commonly used to pay claims and damage awards in personal injury lawsuits. However, these arrangements — composed of annuity payments from an insurance company — can also be used to finance the sale of some closely held businesses. This article explains how this creative strategy works.
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In re Tesla Motors, Inc. Stockholder Litigation – SolarCity acquisition satisfies “entire fairness” review
March / April 2024
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 882
Abstract: Under the business judgment rule, courts generally defer to a board of director’s decisions regarding corporate transactions. However, if a plaintiff can show that a board acted in bad faith, engaged in illegal acts, was grossly negligent or had a conflict of interest, courts will generally apply the more stringent “entire fairness” test to evaluate the board’s actions. This article summarizes a recent case that demonstrates how this test works. A sidebar explains how fairness opinions may help avoid valuation disputes. In re Tesla Motors, Inc. Stockholder Litigation, 298 A.3d 667 (Del. 2023). Kahn v. M & F Worldwide Corp.,88 A.3d 635 (Del. 2014).
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Estate Planning Red Flag – You and your siblings have inherited your parents’ home
March / April 2024
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 280
Abstract: It’s not unusual for parents to leave their primary residence or vacation home to their children. Unless the parents’ wills or trusts specify otherwise, the siblings will receive equal shares of the home, which may lead to conflicts if they have different financial needs or differing views about how the home should be used. This article explores the steps to take when family members inherit a home.
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To avoid unexpected tax bills, adequately disclose your gifts
March / April 2024
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 574
Abstract: If a person transfers business interests or other assets to family members or friends, the IRS generally has three years to challenge their value for gift tax purposes or to claim that a transfer the person treated as a nongift was in fact a gift or partial gift. However, the three-year statute of limitations period doesn’t begin to run until the person “adequately discloses” the transfer to the IRS. Otherwise, the IRS can come after the person for unpaid gift taxes, plus penalties and interest, years or even decades later. This article details the requirements for adequately disclosing a gift with the IRS.