January / February

Showing 1–16 of 527 results

  • Should you hold your vacation home in an LLC?

    January / February 2020
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 411

    Abstract: Holding a vacation home shared by family members in a limited liability company can offer important benefits. This short article lists several: asset protection, ease of management, ownership restrictions and estate planning advantages.

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  • New tax strategies for charitable givers

    January / February 2020
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 578

    Abstract: The passage of the Tax Cuts and Jobs Act (TCJA) changed or eliminated tax benefits for many charitable donors who no longer itemize deductions. However, tax-saving strategies may still be available. This article proposes “bunching,” or donating twice as much in alternate years to take advantage of itemizing, and then using the standard deduction in the other years.

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  • Time is money – How Millennials can take advantage of it

    January / February 2020
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 707

    Abstract: Millennials face some unique challenges when it comes to investing for retirement. Most came of age after the 2008 financial crisis and many are burdened by student loan debt and rising health care costs. This article explains how young adults can use time and the compounding effect of reinvesting earnings to accumulate a nest egg.

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  • NQDC plans offer important benefits — and some notable risks

    January / February 2020
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 854

    Abstract: Nonqualified deferred compensation (NQDC) plans allow participants to set aside large amounts of tax-deferred compensation. They also enable participants to schedule distributions to align with personal financial goals. However, NQDC plans pose substantial risks. This article compares the pros and cons. A sidebar warns about noncompliance with Internal Revenue Code Section 409A.

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  • Tax Tips

    January / February 2020
    Newsletter: Tax Impact

    Price: $225.00, Subscriber Price: $157.50

    Word count: 448

    Abstract: These brief tips explain the tax implications of owning virtual currency; explore the reasons some states are considering imposing gross receipts taxes; and detail how a Health Savings Account can benefit one’s estate plan.

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  • Keep future options open with powers of appointment

    January / February 2020
    Newsletter: Tax Impact

    Price: $225.00, Subscriber Price: $157.50

    Word count: 455

    Abstract: The amount of flexibility one builds into an estate plan will go a long way toward how successful, ultimately, it is at carrying out their wishes after they’re gone. This article details how powers of appointment can increase estate planning flexibility.

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  • 5 tax-planning tips for retirees

    January / February 2020
    Newsletter: Tax Impact

    Price: $225.00, Subscriber Price: $157.50

    Word count: 711

    Abstract: There’s a common misconception that, when one retires, their tax bills shrink, tax returns become simpler and tax planning is a thing of the past. That may be true for some, but many people find that the combination of Social Security, pensions and withdrawals from retirement savings increases their income in retirement and may even push them into a higher tax bracket. This article provides five tax-planning tips for retirees.

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  • “Small” is bigger than ever – Is your business eligible for expanded tax benefits?

    January / February 2020
    Newsletter: Tax Impact

    Price: $225.00, Subscriber Price: $157.50

    Word count: 878

    Abstract: Small businesses enjoy several tax advantages that may allow them to reduce their tax bills, defer taxes and simplify the reporting process. Until recently, federal tax rules generally defined “small business” as one with average annual gross receipts of $5 million or less ($1 million or $10 million in some cases) for the three preceding tax years. But the Tax Cuts and Jobs Act (TCJA) increased the threshold to $25 million for tax years beginning after 2017. This article explains the benefits of being a “small” business. A sidebar explores the ins and outs of changing a business’s structure.

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  • 3 ways to compete with online car sellers

    January / February 2020
    Newsletter: Dealer Insights

    Price: $225.00, Subscriber Price: $157.50

    Word count: 427

    Abstract: Online car sellers like Carvana, TrueCar and CarsDirect have become major competitors of traditional brick-and-mortar dealerships. As a result, some dealerships are rethinking how they do business. This article offers three tips for competing successfully with online car sellers.

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  • Should you promote managers internally or hire from outside?

    January / February 2020
    Newsletter: Dealer Insights

    Price: $225.00, Subscriber Price: $157.50

    Word count: 570

    Abstract: A dealership’s success hinges on hiring a strong general manager and strong department managers for new and used vehicle sales, parts and service, and F&I. There are two main approaches a dealer-owner can take when hiring managers: Bring them in from the outside or promote existing employees into management positions. This article weighs the pros and cons of each option.

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  • Dealership Management Systems – Shaping your own “Mission Control Center”

    January / February 2020
    Newsletter: Dealer Insights

    Price: $225.00, Subscriber Price: $157.50

    Word count: 686

    Abstract: This article explores acquiring a new DMS, and offers guidance on where to start, what popular features are available and how to avoid overspending.

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  • How to get the most out of your financial statements

    January / February 2020
    Newsletter: Dealer Insights

    Price: $225.00, Subscriber Price: $157.50

    Word count: 865

    Abstract: Improving financial performance is a top priority for dealership owners. CPA-prepared financial statements can help by identifying financial and operational deficiencies and discovering areas for cutting costs and generating sales. To reap these benefits, dealers must learn how to glean the information that will be most valuable. This article discusses how to examine the balance sheet, income statement, and statement of cash flows. A sidebar highlights common areas where dealerships may improperly report financial information.

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  • Weak damages evidence can mean nominal damages

    January / February 2020
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 444

    Abstract: A start-up company lost out on a jury’s $4.35 million lost profits award in a breach of contract action after a federal court found its expert’s “yardstick” analysis faulty. This article explains what happened, why the U.S. Court of Appeals for the Second Circuit upheld a $1 damages award and how the case may apply to other clients who rely on financial experts to quantify economic damages.

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  • Marroquin v. Marroquin – Evaluating goodwill for a one-person business

    January / February 2020
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 610

    Abstract: In divorce cases, the treatment of a closely held business’s “goodwill” varies from state to state. It also depends on the nature of the business. This article discusses the concept of goodwill in a divorce context and highlights a recent Utah appeals court case which determined that there was no enterprise (institutional) goodwill in a business that entirely depended on the owner-spouse’s efforts and reputation.

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  • Control risk with a comprehensive ERM program

    January / February 2020
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 621

    Abstract: Business owners can’t eliminate all risk factors. But they can manage their company’s risk profile by implementing an Enterprise Risk Management (ERM) program. This article explains how financial experts can help business owners adopt an integrated approach to assess and manage fraud risk.

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  • To tax-affect or not to tax-affect – Valuing pass-through businesses

    January / February 2020
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 866

    Abstract: The debate in valuation circles over tax-affecting — reducing a pass-through entity’s projected future income for hypothetical corporate income taxes on that income — has heated up in recent years. This article outlines arguments for and against tax-affecting. It also explains how recent tax law changes may have leveled the playing field between C corporations and pass-through entities. A sidebar summarizes a recent case in which the U.S. Tax Court allowed tax-affecting methodology to account for the tax consequences of pass-through status.

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