January / February

Showing 33–48 of 563 results

  • Linde v. Linde – Court rejects asset valuation approach in appraisal case

    January / February 2021
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 412

    Abstract: The asset-based (or cost) approach is one of three techniques that are commonly used to value private businesses. It’s based on the adjusted book value of the company’s assets less any outstanding liabilities. This article summarizes a recent Pennsylvania Court of Appeals case, which affirmed that this approach wasn’t appropriate under the circumstances — and a valuation that relied on it wasn’t credible. Linde v. Linde, No. 754 MDA 2018 (Pa. Super. Ct. Oct. 11, 2019)

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  • Looking to sell? Exercise caution when entering the M&A market during the COVID-19 crisis

    January / February 2021
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 574

    Abstract: The COVID-19 pandemic has devastated some businesses, while others are thriving. In today’s uncertain marketplace, many companies’ financial profiles have weakened, causing business buyers to be more risk averse. This article explains that sellers need to walk a fine line between pouncing on what may appear to be a good offer and hanging back to mull over the options. A valuation pro can help sellers understand current market value and ways to enhance it.

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  • Vishing: Beware of callers with malicious intent

    January / February 2021
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 660

    Abstract: As if adapting to remote working arrangements during the COVID-19 crisis hasn’t been difficult enough, now business owners must safeguard against opportunistic hackers who attempt to infiltrate employees’ less-secure home networks. One emerging ploy uses a new twist on phishing scams to gain access to business networks. This article explains how voice vhishing (or vishing) works and how to prevent it.

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  • Disputed stock sale survives “entire fairness” review

    January / February 2021
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 885

    Abstract: The Delaware Chancery Court recently applied the toughest standard of scrutiny — known as “entire fairness” — in a dispute over the control and ownership of a company after the sale of unissued stock to an executive in the business. This article explains how the standard works and how an independent valuation helped the directors prevail in a recent shareholder dispute. A sidebar explains common methods experts use to estimate lost profits in fiduciary breach cases. Coster v. UIP Companies, Inc., No. 2018-0440-KSJM (Del. Ch. Ct. Jan. 28, 2020)

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  • 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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