July / August
Showing 33–48 of 616 results
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Preparing for new cryptocurrency reporting rules
July / August 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 415
Abstract: Individuals who’ve invested in cryptocurrency (for example, Bitcoin or Ether), nonfungible tokens (NFTs), or certain other digital assets, should familiarize themselves with new tax reporting requirements that take effect in 2023. This short article summarizes the rules.
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Working remotely? Watch out for double taxation
July / August 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 623
Abstract: Remote work can be convenient. However, it raises the risk of double taxation if employees work in different states from their employers. This article helps employees prevent this extra tax bite. It explains the difference between domicile and residence, highlights reciprocity arrangements and warns workers to beware of “convenience of the employer” situations.
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HSAs: A can’t-pass-up savings proposition
July / August 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 657
Abstract: Health Savings Accounts (HSAs) often are referred to as “medical IRAs” because they enable participants to save money while deferring taxes. This article tells workers whose employers offer HSAs (or who have access to them through a bank or insurance company) how to make the most of the opportunity. For example, automatic payroll deduction programs help by withdrawing pretax funds from paychecks.
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Hearts and heads – CLTs can support philanthropic, estate and tax objectives
July / August 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 847
Abstract: Charitable lead trusts (CLTs) enable people to achieve multiple objectives — support favorite charities while also transferring wealth to their families in a tax-efficient manner. They accomplish these goals by distributing income to one or more charities during the trust term, with the remainder passing to the trust owner’s family. This article provides details, such as how CLTs can be structured A sidebar explains the difference between lifetime and testamentary trusts.
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Tax Tips – HSAs can also be powerful retirement saving tools
July / August 2022
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 394
Abstract: These brief tips detail why Health Savings Accounts can act not only as tax-advantaged savings vehicles for funding uninsured health care expenses, but also as attractive retirement savings vehicles; and explain under what circumstances one should consider filing a tax return as “married filing separately.”
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Net gifts differ from standard gifts
July / August 2022
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 526
Abstract: Thanks to the generous federal gift and estate tax exemption and the annual gift tax exemption, most gifts are shielded from tax. However, those who are concerned about the impact of transfer taxes on their gifts can make “net gifts.” This article details the ins and outs of making net gifts.
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Managing capital gains – The right timing can result in significant tax savings
July / August 2022
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 774
Abstract: For those who plan to sell their capital assets, a little planning can do wonders for their tax bills. Capital assets include a wide range of property held for personal or investment purposes, including stocks, bonds, real estate, jewelry and collectibles. This article provides a few rules of thumb that may reduce capital gains taxes.
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Is your business getting the credits it deserves?
July / August 2022
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 824
Abstract: It’s a challenging time to grow a business. So, any help a business owner can get in the form of tax credits, tax exemptions, grants, low-cost financing and other incentives can make a big difference. Unfortunately, these incentives often go unclaimed. This article explains two types of tax incentives: statutory and discretionary. A brief sidebar explores the availability of states’ sales tax exemptions.
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6 ways to fortify your cybersecurity defenses
July / August 2022
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 449
Abstract: Construction companies of any size are a prime target for cybercriminals. And recent events have only elevated the threat level. This article suggests six ways that contractors can fortify their defenses, including educating employees, keeping software updated and exploring the need for cybersecurity insurance.
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What is bonding capacity, really?
July / August 2022
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 546
Abstract: Contractors are urged to manage their financials carefully to preserve and even increase their bonding capacities. But sometimes construction company owners lose sight of what really goes into bonding capacity. This article discusses the three Cs of bonding and suggests some ways to boost capacity.
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Proper accounting for change orders makes all the difference
July / August 2022
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 638
Abstract: For contractors, change orders can be both disruptive and profitable. It all depends on how well a construction company manages the documentation and approval process. This article addresses the critical matter of properly handling change orders from an accounting perspective.
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No more drama – Build stability and value into your succession plan
July / August 2022
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 938
Abstract: One need look no further than the hit TV show “Succession” to see how the lack of a succession plan can tear a family and business asunder. Although the show is obviously dramatized, the dangers of failing to think ahead about leadership change are anything but fictional for construction businesses. This article discusses several ways to preempt the drama and put a solid succession plan in place.
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Estate Planning Red Flag – You’ve been asked to serve as executor
July / August 2022
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 296
Abstract: Being named as the executor of an estate comes with great responsibility. Before agreeing to serve, it’s important to understand the duties and potential risks of being an executor. This brief article provides a list of questions to consider before accepting the offer.
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Single? No kids? Here’s why you still need an estate plan
July / August 2022
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 632
Abstract: There’s a common misconception that only married couples with children need an estate plan. In fact, estate planning may be even more important for single people without children. Why? Because for married couples, the law makes certain assumptions about who should make financial or medical decisions on their behalf should they become incapacitated and who should inherit their property if they die. This article explains the possible undesirable outcomes that may result if a single person dies or becomes incapacitated without an estate plan.
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Moving abroad can upset your tax and estate plans
July / August 2022
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 625
Abstract: There are many reasons to move to another country, including for retirement or an overseas job opportunity. As this article discusses, before pulling up stakes, it’s in one’s best interest to consider the income, gift and estate planning tax consequences of making such a move.
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Asset protection – How to shield your wealth from lawsuits and creditors
July / August 2022
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 977
Abstract: Much of estate planning focuses on transferring wealth to loved ones in a tax-efficient manner. But for many people, it’s equally important to protect that wealth against frivolous lawsuits or baseless creditors’ claims. This article explores asset protection strategies to consider if a person’s business, professional or personal activities expose his or her assets to attack by unscrupulous litigants or creditors. A brief sidebar details the foreign reporting requirements when using an offshore trust.