September / October
Showing 49–64 of 608 results
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Estate Planning Red Flag – Your spouse’s estate didn’t make a portability election
September / October 2022
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 356
Abstract: Portability helps minimize federal gift and estate taxes by allowing a surviving spouse to use a deceased spouse’s unused gift and estate tax exemption amount. But, as this brief article explains, portability isn’t automatically available; it requires the deceased spouse’s executor to make a portability election on a timely filed estate tax return.
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Addressing an art collection in an estate plan can be tricky
September / October 2022
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 687
Abstract: Some assets pose more of a challenge than others when it comes to valuing and accounting for them in an estate plan. Take, for instance, an art collection. Paintings, sculptures or other pieces of art likely represent a significant portion of their estates. This article details options to address an art collection in an estate plan.
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Pros and cons of custodial accounts for minors
September / October 2022
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 611
Abstract: Setting up an investment account for a minor child can be a tax-efficient way of saving for college or other expenses. And one of the simplest ways to invest on the child’s behalf is to open a custodial account under the Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA). This article discusses the pluses and minuses of custodial accounts for minors.
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Estate planning for the happily married – Hedge your bets with a SLAT
September / October 2022
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 895
Abstract: One of the biggest challenges of estate planning is dealing with uncertainty. For example, there’s uncertainty over whether the gift and estate tax exemption will be halved in 2026, not to mention growing economic uncertainty. What if an individual gives away substantial amounts of wealth now, but if financial circumstances change for the worse in the future he or she will need additional funds? One solution is using a spousal limited access trust, sometimes referred to as a spousal lifetime access trust (SLAT). This article explains how a SLAT works. A brief sidebar explains the ins and outs of having spouses each create their own SLAT.
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Becoming more capable at data capture
September / October 2022
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 449
Abstract: Construction might not be as data driven as some other industries, but contractors still process plenty of information. That’s why “data capture” has become a critical yet often overlooked capability of construction companies. This article explains what data capture is and offers some tips on getting better at it.
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BABA guidance addresses infrastructure projects
September / October 2022
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 544
Abstract: Earlier this year, the federal Office of Management and Budget published guidance regarding the implementation of the Build America, Buy America provisions of the Infrastructure Investment and Jobs Act. Construction companies intending to pursue federal infrastructure jobs should take note. This article summarizes some important points of the guidance, including key definitions, how materials must be sourced and the availability of waivers.
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Need better benefits? Look into a pooled employer retirement plan
September / October 2022
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 670
Abstract: Just like any other type of business, construction companies typically need to offer a solid benefits package to keep up in the race for talent in today’s tight job market. However, the cash-flow strains common to the construction industry make this difficult. This article discusses the promise of a new type of retirement benefits plan: pooled employer plans, which are a variation on multiple employer plans.
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Act now to maximize depreciation-related tax breaks for 2022
September / October 2022
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 922
Abstract: Current tax law allows two valuable depreciation-related deductions on purchases of equipment, tools, machinery and other assets essential to construction companies. But contractors will need to move fast to make the most of them. This article discusses the latest details on the Section 179 expensing election and bonus depreciation. A sidebar notes that, under some circumstances, construction companies might want to skip these tax breaks.
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ESG investing – Why you don’t have to sacrifice returns
September / October 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 424
Abstract: Socially responsible investing has been around for decades. But only in recent years has it taken off with investors. This short article explores why a strategy that once required sacrificing returns, may actually have a performance edge these days.
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Is your revocable trust fully funded?
September / October 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 551
Abstract: Individuals with a revocable or “living” trust need to ensure that it’s fully “funded.” Trust owners should transfer title of assets or designate the trust as the beneficiary of retirement accounts or insurance policies. This article explains how to do it and warns against the costly consequences of failing to fund a trust.
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Choosing your retirement destination based on taxes
September / October 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 606
Abstract: Retirees contemplating a move to another state need to consider several factors — climate, proximity to family and friends, housing costs and, of course, taxes. But as this article argues, assessing a state’s tax-friendliness isn’t always straightforward. You need to look beyond income tax and to think about financial goals, income sources and the possibility of multistate taxation.
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RMDs are back – Here’s how to soften the tax blow
September / October 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 916
Abstract: Required minimum distributions (RMDs) from IRAs and employer-sponsored retirement plans were suspended in 2020, but no such relief is available in 2021. This article looks at a couple strategies to help individuals soften the tax blow of RMDs. This includes naming a spouse as sole beneficiary and making a qualified charitable distribution. A sidebar suggests tax minimizing strategies for those nearing retirement.
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Should you offer auto theft recovery solutions?
September / October 2021
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 437
Abstract: Auto theft recovery solutions offer a number of features beyond vehicle recovery. In addition to enabling owners to find their cars if they forget where they parked or if they’ve allowed others to drive their cars, these solutions notify owners if their cars are moved without permission or involved in an accident. This article discusses the pros and cons of auto theft recovery solutions.
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Put the WOTC to work for you: Tax break extended through 2025
September / October 2021
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 540
Abstract: The Work Opportunity Tax Credit (WOTC) debuted in 1996 and offers significant tax breaks to businesses (including dealerships) that hire workers who may face barriers to employment. This article explains that while the WOTC was scheduled to expire at the end of 2020, the Consolidated Appropriations Act extended the tax credit through the end of 2025 — thus providing a higher degree of tax-planning certainty between now and then.
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Winning with year-end tax-saving strategies
September / October 2021
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 705
Abstract: Making good use of tax strategies can be key to improving a dealership’s bottom line. It’s important for dealerships to take advantage of any possible strategies for reducing taxes before year end so they’re able to start the new year strongly. This article highlights several such tactics, including making use of available deductions and potential write-offs.
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Protect your dealership from cyberattacks
September / October 2021
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 869
Abstract: Cybersecurity has become a hot topic in light of recent damaging cyberattacks that have crippled large businesses key to U.S. infrastructure. These attacks are a reminder of the damage cybercriminals can cause. This article discusses some of the most common cyberattacks and how dealerships can guard against them. A sidebar suggests dealerships need to follow applicable laws concerning data security.