November / December
Showing 81–96 of 609 results
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Estate Planning Red Flag – You named your child or grandchild as beneficiary of your IRA
November / December 2021
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 339
Abstract: If an individual has a traditional IRA that designates his or her child or grandchild as beneficiary, it’s important to consider the potential tax impact of the SECURE Act, which took effect in 2020. This brief article explains how the SECURE Act limited the benefits of so-called “stretch IRAs” and offers alternative strategies to naming a child or grandchild as beneficiary of an IRA.
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Should you file a joint tax return for the year of death?
November / December 2021
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 483
Abstract: The death of a spouse is a devastating, traumatic experience, and if it happens, dealing with taxes and other financial and legal obligations are probably the last things on a person’s mind. Unfortunately, many of these obligations can’t wait and must be addressed in the months to follow. This article considers the issue of whether the surviving spouse should file a joint or separate tax return for the year of the deceased’s death.
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Estate planning vocab 101: Executors and trustees
November / December 2021
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 679
Abstract: Among the many decisions people must make when planning their estates is who they will appoint as the executor of the estate and the trustee of any trusts. These are important appointments, and, in fact, both roles can be filled by the same person. This article details the roles of an executor and a trustee.
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Getting remarried? Understand your spouse’s inheritance rights
November / December 2021
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 1009
Abstract: Individuals getting remarried may have very different expectations than they did when they married the first time, especially when it comes to estate planning. For example, a person may feel that his or her new spouse should have more limited rights to assets than those of a spouse in the first marriage. Unfortunately, the law doesn’t see it that way. In nearly every state, a person’s spouse has certain property rights that apply regardless of the terms of the estate plan. This article details a spouse’s inheritance rights. A brief sidebar discusses how living in a community property state changes a spouse’s property rights.
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Why investors should care about market cap
November / December 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 376
Abstract: There are many ways to diversify an investment portfolio. But one important diversification strategy that some investors overlook is size, as measured by market capitalization. This short article makes the case for spreading assets among large-cap, mid-cap and small-cap stocks.
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A look at the Roth IRA five-year rule
November / December 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 575
Abstract: To ensure that Roth IRA withdrawals are tax- and penalty-free, it’s critical to comply with the so-called five-year rule. This article reveals that there are actually two separate five-year rules: One for withdrawals of earnings and one for withdrawals of converted principal. It explains why the rules can be hard to follow.
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Welcome to the gig economy! Now, calculate your taxes
November / December 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 589
Abstract: Just like employees, “gig” workers are expected to pay their share of income tax. But calculating income tax as an independent contractor isn’t always simple. This article provides, tips, covering quarterly IRS payments, reporting Form 1099 income and deducting business-related expenses.
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Worried you don’t have enough to retire? Consider working a little longer
November / December 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 913
Abstract: A recent study confirms what financial advisors have been saying for years: People who extend their work life — even for a short time — can enjoy a lot more retirement income. This article explains why and discusses other benefits of working longer such as maximizing Social Security benefits and reducing health care costs. A sidebar examines whether retirees should follow the “4% rule” when withdrawing from retirement savings.
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Tapping retirement savings — but only as a last resort
November / December 2020
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 412
Abstract: One of the CARES Act provisions allows eligible individuals to withdraw up to $100,000 from IRAs and 401(k)s without triggering the 10% early withdrawal penalty. This short article provides details and warns about potential pitfalls.
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Are business loans between family members a good idea?
November / December 2020
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 571
Abstract: In this challenging environment, business owners may be eyeing family members as a source of capital. But if family loans aren’t structured properly, owners could invite IRS scrutiny and harm the company’s ability to access capital in the future. This article weighs the pros and cons of family loans.
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Wealth transfer strategies – Strike while interest rates are low
November / December 2020
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 893
Abstract: Today’s low interest rates create attractive opportunities to transfer wealth to younger generations in a tax-advantaged way. This article describes several general transfer strategies using trusts such as GRATS and CLATs, as well as interfamily loans. A sidebar explains why business owners might want to consider selling to an intentionally defective grantor trust.
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Year-end tax planning for challenging times
November / December 2020
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 587
Abstract: Time is running out for those seeking to reduce 2020 taxes. This article suggests converting a traditional IRA to a Roth IRA, skipping required minimum distributions (if possible) and selling real estate in installments. It also explains how to harvest capital losses and gains.
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Take advantage of the lease return surge
November / December 2020
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 329
Abstract: During the first wave of the COVID-19 pandemic, many motorists who were leasing vehicles got their lease terms extended. Now, as those extensions expire, millions of vehicles are coming off lease. Dealerships can take advantage of this situation by being proactive in renewing lease customers or converting them to buyers — this article offers strategies for accomplishing just that.
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On the road to recovery: 5 ways to boost revenue
November / December 2020
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 616
Abstract: Dealerships that have suffered declining auto sales during the COVID-19 pandemic might be looking for ways to recover revenue and generate cash flow. This articles offers five suggestions for recouping lost sales.
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Strategic planning – “For tomorrow belongs to those who prepare for it”
November / December 2020
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 679
Abstract: Strategic planning is key to an auto dealership’s long-term viability. This article spotlights a few areas for dealer-owners to focus on as they create a plan that factors in the uncertainty of the COVID-19 crisis.
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How COVID-19 is affecting auditing and financial reporting
November / December 2020
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 873
Abstract: The COVID-19 pandemic has affected virtually every area of business for most auto dealers. Since it began in the spring, questions have arisen about the crisis’s impact on auditing and financial reporting. A list of frequently asked questions (FAQs), compiled by the American Institute of Certified Public Accountants (AICPA), helps answer some of those questions. This article is a summary of that discourse; it highlights disclosing risks and uncertainties and evaluating subsequent events. A sidebar spotlights the AICPA’s FAQ coverage of going concern disclosure requirements.