November / December
Showing 113–128 of 609 results
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Tax Tips – Congress does a 180 on the kiddie tax
November / December 2020
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 452
Abstract: These brief tips detail the changes the SECURE Act made to the kiddie tax; explore the double taxation pitfall that can occur when working remotely across state lines; and explain how to report sick and family leave under the Families First Coronavirus Response Act.
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Perfect timing – Why now is as good a time as any to create a dynasty trust
November / December 2020
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 676
Abstract: A dynasty trust can preserve substantial amounts of wealth — and shelter it from federal gift, estate and generation-skipping transfer (GST) taxes — for generations to come. Leveraging the GST tax exemption is a key to the success of a dynasty trust. The good news is that this trust type is now more appealing than ever thanks to the current record-high GST tax exemption. However, that amount is due to drop to $5 million, subject to an adjustment for inflation, at the end of 2025, so that’s an important fact to keep in mind. This article explores the ins and outs of a dynasty trust.
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Does working from home entitle you to a tax break?
November / December 2020
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 603
Abstract: This year, as a result of the COVID-19 pandemic, more people worked at home than ever before. As 2020 draws to a close, many employees may be wondering whether any of the expenses they incurred to work at home qualify for tax breaks. The short answer is “no,” remote employees can’t deduct the cost of working at home. This article explains why it may be possible to achieve a similar result if an employer pays or reimburses employees for these expenses.
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Landlords and COVID-19: What are the tax implications?
November / December 2020
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 872
Abstract: The COVID-19 pandemic has had a significant impact on landlords. Many tenants have struggled to meet their financial obligations, often resulting in late or unpaid rent or negotiated lease modifications. This article explains the tax implications of landlords’ leasing activities. A sidebar details the effects of lease modifications on Internal Revenue Code Section 467.
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Estate Planning Red Flag – You don’t have a will
November / December 2020
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 293
Abstract: The need for a will as a key component an estate plan may seem obvious, but some may be surprised by the number of people — even affluent individuals — who don’t have one. One reason for this may be a common misconception that a revocable trust — sometimes called a “living trust” — obviates the need for a will. This brief article lists three key purposes of a will.
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Appointing a guardian for your children can be a difficult task
November / December 2020
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 577
Abstract: It’s often said that a main reason people put off creating an estate plan is because of the difficulty in choosing a guardian for their children. However, that decision is one of the most important estate planning decisions a person must make. This article discusses how to choose the right guardian and what happens if the courts get involved.
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Opportunities and challenges – Valuation in the age of COVID-19
November / December 2020
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 709
Abstract: The COVID-19 pandemic has had a significant impact on the value of many business interests and other assets, which creates some attractive estate planning opportunities. It also presents unique challenges for valuation professionals. As a result, it’s more important than ever to involve experienced valuation experts in the estate planning process. This article examines the opportunities and challenges of asset valuation during the COVID-19 era.
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A SPA trust can improve the flexibility of your estate plan
November / December 2020
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 872
Abstract: These are uncertain times. There’s uncertainty about the economy as well as the possibility of tax increases to address the rising federal debt. For example, there’s renewed interest in proposals that would slash the historically high gift and estate tax exemption. In light of this uncertainty, it’s a good idea to consider estate planning tools that offer asset protection as well as flexibility to adjust to changing circumstances. One such tool is the special power of appointment (SPA) trust. This article explains how a SPA trust can inject flexibility into an estate plan. A sidebar cautions readers about fraudulent transfer laws.
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Boost tenant satisfaction with data analytics
November / December 2020
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 407
Abstract: In today’s digital world, businesses and individuals are constantly generating massive amounts of data, providing valuable opportunities to those who understand it. Commercial real estate businesses, for example, can tap a wide variety of data to increase tenant satisfaction and, in turn, improve lease renewals, occupancy rates and profits. This article reviews how business can use data analytics to their advantage.
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Guidance grants COVID-19 QOZ relief
November / December 2020
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 540
Abstract: The COVID-19 pandemic has led the IRS to loosen a range of tax laws and regulations, including many deadlines. In June, the IRS issued guidance that provides relief from some qualified opportunity zone (QOZ) requirements — good news for investors with capital gains. This article summarizes the guidance.
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How to make your property as profitable as possible
November / December 2020
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 669
Abstract: 2020 has been unlike any other year. Commercial real estate investors have struggled with decreased market values — or the threat of declining values. In these uncertain times, this article presents three questions real estate investors should ask themselves to help maintain profits and preserve market value.
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IRS takes on like-kind exchanges – Proposed regulations clarify definition of real property
November / December 2020
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 861
Abstract: The IRS has released highly anticipated proposed regulations that provide critical guidance on Section 1031, or like-kind, exchanges in the wake of changes made by the Tax Cuts and Jobs Act (TCJA). Most importantly, the proposed regs define the term “real property” for purposes of determining whether property qualifies for a Sec. 1031 exchange. This article reviews the definition under the regs and a short sidebar looks at how “incidental” personal property is treated.
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Calculating damages for intangibles
November / December 2019
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 414
Abstract: Financial experts need some predictable building blocks to construct a reliable estimate of lost profits or reasonable royalties in cases involving intangible assets. This article highlights the types of evidence and analysis that may be needed to support an estimate of damages in breach of contract, infringement and other tort claims.
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When good employees go bad – Preventing and detecting employee cyberattacks
November / December 2019
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 588
Abstract: Dishonest workers can initiate a cyberattack by stealing valuable information from a company’s computer network and using it for personal gain. This article explains how these crimes work, what motivates some employees to steal and ways companies can prevent and detect cyberattacks.
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Risky business – FAQs about the cost of capital
November / December 2019
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 663
Abstract: Under the income approach to valuing a private business interest, an expert discounts the subject company’s future earnings using a rate of return that’s based on the risk of the investment. This article answers common questions that arise when evaluating the discount rate, which is also known as the “cost of capital.”
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How control and marketability affect the value of minority interests
November / December 2019
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 842
Abstract: Discounts for lack of control and lack of marketability rank among the most contentious issues when valuing a minority interest in a privately held company. This article explains these discounts and the evidence that’s used to quantify them. A sidebar describes another discount that may apply to businesses with appreciated assets: the built-in gains discount.