September / October
Showing 1–16 of 580 results
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Tax Tips – Now is a good time to check your FSA balance
September / October 2022
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 431
Abstract: These brief tips explain why now is a good time to check one’s flexible spending account’s balance; explore how relying on IRS-issued FAQs can help avoid noncompliance regulations; and detail the benefits of opening a Roth IRA for a child.
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Can your gifting program benefit from defined-value gifts?
September / October 2022
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 456
Abstract: It’s no surprise that many individuals are making substantial gifts to their family members to take advantage of the current federal gift and estate tax exemption. Indeed, the 2022 exemption of $12.06 million is the highest amount it’s ever been. But absent action from Congress, the amount will drop to an inflation-adjusted $5 million in 2026. If a person’s estate consists of hard-to-value assets, making gifts of these assets can be risky. If the IRS later determines that the gifts were undervalued, gift tax (plus interest and possibly penalties) may result. This article explains why making defined-value gifts can help avoid unexpected tax liabilities.
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Year-end tax planning tips for investors
September / October 2022
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 701
Abstract: Savvy investors know that taxes can have a big impact on their returns. And while tax considerations should generally take a back seat to sound investment strategies, consider year-end moves that can slash one’s tax bill. This article provides a few ideas to consider as the end of 2022 nears.
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Year-end tax planning for business – Flexibility can be a virtue
September / October 2022
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 949
Abstract: For most businesses, year-end tax planning involves a delicate balancing act, and the more flexibility that’s built into the plan, the better. That’s because the tax code is in a constant state of flux, which makes it challenging to identify the most effective strategies. Tax strategies that are right for one business might be wrong for another. This article explains a few different strategies that provide planning flexibility. A sidebar discusses whether a business owner can deduct the costs of interior building improvement.
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New study highlights use of crypto in fraud
September / October 2022
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 446
Abstract: Every two years the Association of Certified Fraud Examiners (ACFE) publishes its Report to the Nations, which highlights key fraud trends. New to the study in 2022 were statistics on the role cryptocurrency plays in fraud. This article discusses these findings along with potential risks of using crypto for day-to-day business transactions.
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Discounting damages – A dollar today is worth more than a dollar tomorrow
September / October 2022
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 641
Abstract: When calculating economic damages, financial experts must discount lost profits to their net present value. But a small difference in the discount rate can have a big impact on an expert’s conclusion. This article discusses how experts decide on the appropriate loss period and discount rate, based on market conditions and the risk of the business or product.
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Trapped-in gains: To discount or not to discount?
September / October 2022
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 582
Abstract: When valuing a C corporation, a key issue is often whether it’s appropriate to apply a discount for trapped-in capital gains, even when a sale of the business (or its highly appreciated assets) isn’t imminent. This article summarizes a recent Louisiana Court of Appeals case that addresses when a discount may be appropriate — and explains why it was inappropriate in this case. Shop Rite, Inc. v. Gardiner, No. 21-0371 (La. App. Dec. 29, 2021).
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Buckley v. Carlock – Appellate court affirms “blue-sky” method for valuing car dealerships
September / October 2022
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 859
Abstract: The Tennessee Court of Appeals recently affirmed a lower court’s application of the so-called “blue-sky” method to determine fair value in a shareholder oppression case. This article summarizes the details of the case and explains that courts are allowed to tweak generally accepted valuation methodology to achieve an equitable outcome under the fair value standard. A sidebar addresses the issue of recovery for attorneys’ fees by the prevailing party. Buckley v. Carlock, No. M2019-02294-COA-R3-CV (Tenn. App. Feb. 28, 2022).
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Meaningful benchmarks matter when evaluating portfolio performance
September / October 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 323
Abstract: This short article explains why, when evaluating an investment portfolio, it’s important to select the right benchmark. For example, investors should choose a market index or other benchmark that resembles a portfolio’s asset allocation and geographical exposure.
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Teaching your kids the basics of money management
September / October 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 561
Abstract: Kids are never too young to learn about money and how to manage it responsibly. This article advocates customizing money messages to children’s ages and interests. It makes specific suggestions for young children, grade schoolers, tweens and adolescents. For example, 4-year-olds usually can understand the difference between needs and wants, while high schoolers may be ready to handle a credit card.
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Spouses benefit from Social Security, too
September / October 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 669
Abstract: Qualifying individuals can receive up to 50% of their spouse’s full Social Security retirement benefit or their own Social Security benefit, whichever is greater. This article provides an overview of the calculation process. It also explains eligibility and when people should apply for spousal benefits.
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Living in retirement – How to overcome a fear of spending your savings
September / October 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 968
Abstract: Despite accumulating retirement savings for decades, some retirees are reluctant to spend their hard-earned wealth. This article explores the reasons and suggests solutions such as dividing savings into three baskets: one for liquid investments to pay for current expenses, one for intermediate-term expenses and one for riskier investments, such as stocks. A sidebar encourages people to start saving for retirement as early as possible.
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Beware of 3 common valuation pitfalls
September / October 2022
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 442
Abstract: The presence of an error, misstatement or erroneous deviation from customary business valuation practice in an expert’s report is a risky proposition. It could trigger (or worsen) an IRS inquiry or perhaps lead to an embarrassing courtroom mishap. This article identifies some common pitfalls that qualified valuation pros avoid — and to which less-than-qualified ones often fall prey.
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ESOP valuations: How much is too much?
September / October 2022
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 499
Abstract: The U.S. Department of Labor recently suffered a resounding defeat in Walsh v. Bowers. This article explains why a federal district court rejected the DOL’s claim that an employee stock ownership plan (ESOP) overpaid for the sponsoring company’s stock. Walsh v. Bowers, No. 18-00155 SOM-WRP (D. Hawaii Sept. 17, 2021).
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Divorce valuation hinges on expert credibility
September / October 2022
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 581
Abstract: A recent Nebraska divorce case illustrates how differences in experts’ assumptions can have a dramatic impact on valuations. This article explains how five critical assumptions affected the experts’ conclusions regarding the value of the husband’s roofing business as of December 31, 2018. Cain v. Cain, No. A-21-068, Court of Appeals of Nebraska (February 1, 2022).
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Kars 4 Kids Inc. v. America Can! Cars for Kids – Do you know the difference between lost profits and disgorgement?
September / October 2022
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 980
Abstract: A recent trademark infringement case involving competing not-for-profit organizations addresses several interesting issues regarding plaintiffs’ remedies and the calculation of damages. This article summarizes this case and discusses the importance of supporting infringement claims with a comprehensive analysis of the case facts. A sidebar highlights the importance of factoring current market conditions into lost profits calculations and other financial analyses. Kars 4 Kids Inc. v. America Can! Cars for Kids, 8 F.4th 209 (3rd Cir. 2021). Kars 4 Kids Inc. v. America Can! Cars for Kids, Nos. 3:14-cv-7770 and 3:16-cv-4232 (D.N.J. May 9, 2019). Kars 4 Kids Inc. v. America Can! Cars for Kids, Nos. 3:14-cv-7770 and 3:16-cv-4232 (D.N.J. April 1, 2020).