April / May
Showing 1–16 of 466 results
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Estate Planning Pitfall – You’ve overlooked digital assets in your estate plan
April / May 2022
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 274
Abstract: Traditionally, an estate plan addresses one’s tangible assets, such as cash and securities, investment real estate, vehicles, and a house. But this is 2022. Increasingly, people are living in a digital world, where prized possessions include online bank accounts, social media accounts and other significant items protected “in the cloud.” This brief article explains why it’s important to address digital assets in an estate plan.
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Decisions, decisions – Many factors go into deciding when to transfer wealth
April / May 2022
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 661
Abstract: A critical estate planning decision is whether to transfer wealth during one’s life or keep assets in his or her estate and transfer the wealth to loved ones after death. This decision is further complicated by the fact that the inflation-adjusted gift and estate tax exemption amount currently is scheduled to be halved after 2025. This article examines various factors to consider when deciding to transfer wealth.
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Need to make a “quick fix” to your will? Executing a codicil may be the answer
April / May 2022
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 695
Abstract: For most people, the first step in estate planning is to create a legally enforceable will. But what if some circumstances have changed since the will was drafted? It may be in need of a “quick fix.” This article explains how a codicil can supplement an existing will.
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Small business owners may qualify for the special use valuation method
April / May 2022
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 906
Abstract: The need for estate planning is essential for small business owners who have most of their personal fortune tied up in the operation. Fortunately, they may have an ace up their sleeves: the special use valuation method. With this approach, a person’s executor may secure significant tax savings when the owner’s business interest is passed to heirs. This article details the benefits of a special use valuation method. A sidebar explains how an executor can elect to use the special use valuation method.
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News for Nonprofits – Support for female causes growing slowly
April / May 2022
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 454
Abstract: The latest News for Nonprofits covers the gains in support for women’s and girls’ organizations in recent years, the U.S. Department of Education’s revamping of the Public Service Loan Forgiveness Program, which cancels loans after 10 years of public service by eligible borrowers, and Microsoft Corporation’s recently launched Security Program for Nonprofits.
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Changes are coming to your auditor’s report
April / May 2022
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 585
Abstract: The American Institute of Certified Public Accountants Auditing Standards Board’s latest standards are kicking in, and many nonprofits will notice resulting changes to the format and content of auditor reports on their organizations’ financial statements. This article describes how the updates are intended to make auditor reports more meaningful and transparent for the users of financial statements, including potential funding sources. Source: Statement on Auditing Standards (SAS) No. 134, Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements (AU-C section 701).
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Internet phishing schemes – How to protect your nonprofit from cyberattacks
April / May 2022
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 605
Abstract: The COVID-19 pandemic has intensified the threat of cyberattacks for nonprofit organizations. Hackers often target nonprofits because charities hold confidential donor data but may fail to safeguard such data. And the cost of a cyberattack can be steep. This article provides suggestions for ways to stay current on hacking threats and do what’s necessary to secure organizational systems.
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4 tips for rebuilding your operating reserves
April / May 2022
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 875
Abstract: The COVID-19 pandemic has driven home many lessons for nonprofits, perhaps none so much as the importance of operating reserves. This article provides some steps nonprofits with dramatically depleted — or nonexistent — reserves can take to remedy the situation, including achieving leadership buy-in, committing to a formal reserves policy, developing a funding plan and being realistic about the amount of time it takes to build or replenish operating reserves. A short sidebar summarizes the results of a 2021 survey showing that the number of nonprofits reporting at least four to six months of reserves ticked up.
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Federal Circuit limits disqualifying prior art for design patents
April / May 2022
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 443
Abstract: Can the existence of a similar-looking art tool anticipate or render obvious a patent for the design of an item used in plastic surgery? Fortunately for a design patent applicant in In re: SurgiSil, L.L.P., the U.S. Court of Appeals for the Federal Circuit found that the Patent Trial and Appeal Board erred in finding that the art tool anticipated a lip implant, rendering the implant’s design unpatentable. This article summarizes the case and the concept of “anticipation.” In re: SurgiSil, L.L.P., No. 20-1940 (Fed Cir. Oct. 4, 2021).
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Potential trademark injury not enough for federal jurisdiction
April / May 2022
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 656
Abstract: For the first time, the U.S. Court of Appeals for the Federal Circuit recently considered what a trademark challenger must show to establish the standing required under the U.S. Constitution to appeal a decision of the Trademark Trial and Appeal Board (TTAB). This article summarizes the court’s conclusion in Brooklyn Brewery Corp. v. Brooklyn Brew Shop, LLC, which resulted in a mixed bag for one challenger. Brooklyn Brewery Corp. v. Brooklyn Brew Shop, LLC, No. 20-2277 (Fed Cir. Oct. 27, 2021).
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Failures of “prior art” undermine obviousness challenge to patent
April / May 2022
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 600
Abstract: “Prior art” can make a patent obvious and therefore unpatentable. But what about previous research that fails? Does it defeat a patent for an invention that succeeded? This article reviews a decision from the U.S. Court of Appeals for the Federal Circuit, which found that where the prior art shows only failures to achieve what the inventor accomplished, the court couldn’t find an expectation of success based on that prior art. University of Strathclyde v. Clear-Vu Lighting, LLC, No. 20-2243 (Fed Cir. Nov. 4, 2021).
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Screenwriter’s copyright returns from the dead – Labor law doesn’t control work-for-hire determination
April / May 2022
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 862
Abstract: Employee or independent contractor? The answer is critical for a variety of rights, and multiple tests have been developed under employment law. But, in Horror, Inc. v. Miller, the U.S. Court of Appeals for the Second Circuit found those tests aren’t determinative when it comes to copyright issues. This article reviews the employment status — and thus copyright ownership — of a screenwriter for the successful “Friday the 13th” movies. Horror, Inc. v. Miller, No. 18-3123 (2d Cir. Sept. 30, 2021).
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Pumping up tax breaks for company gyms
April / May 2022
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 460
Abstract: The COVID-19 pandemic has caused many employers to rethink the way they’re using their physical premises. Businesses may now have fewer workers coming regularly to the office and may want to develop different uses of the space to better accommodate operations. One idea is to create an on-site athletic facility for employees. This article explains that besides creating goodwill and improving morale, this can result in a big tax payoff.
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Innovation can help your business thrive
April / May 2022
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 596
Abstract: The COVID-19 pandemic has been a major blow to large parts of the economy. Although many businesses have managed to survive in these volatile and unpredictable conditions, some may be teetering on the edge of financial stress. This article notes that in difficult economic times, business as usual may not be sufficient to sustain profitability. It suggests that businesses should continually re-evaluate and re-imagine business operations to ensure they stay financially secure.
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Planning to unretire? What to consider before re-entering the workplace
April / May 2022
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 639
Abstract: For many people, retiring from regular work is the ultimate goal. But for some retired people, “unretiring” can offer camaraderie, mental stimulation and a healthier bank account. This article explains, though, that before making the leap, individuals need to understand how taking this step can impact their Social Security benefits and Medicare coverage. It also provides a brief summary of the pertinent details.
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Don’t sleep on the dependent care credit
April / May 2022
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 877
Abstract: There’s good tax news — and bad tax news — for parents who pay someone to watch their young children while they are at work. This article explains that under the American Rescue Plan Act, the dependent care credit for qualified expense was generally enhanced, providing bigger tax savings on 2021 returns. It also notes that the revamped credit is completely phased out for some high-income taxpayers. A sidebar discusses other options for the dependent care tax credit.