Management & Tax Concepts

MTC

Showing 1–16 of 210 results

  • How the SECURE Act could affect retirement planning

    Summer 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 668

    Abstract: In late 2019, landmark legislation was signed into law that will impact retirement planning for millions of Americans. The Setting Every Community Up for Retirement Enhancement (SECURE) Act will make it easier to save money for a financially secure retirement. This article discusses the Act’s beneficial provisions as well as one provision that isn’t helpful: the elimination of “stretch” IRAs.

    Read More

  • Business strategies – Stay steady in a troubled economy

    Summer 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 528

    Abstract: The COVID-19 pandemic has done severe economic damage to many U.S. businesses, and it will likely take considerable time to recover. Here are some tried-and-true suggestions to help keep a business on track and come out strong on the other side.

    Read More

  • CARES Act increases charitable donation deduction opportunities

    Summer 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 865

    Abstract: One way the CARES Act is trying to help during the COVID-19 crisis is by increasing available tax deductions this year for individuals and businesses contributing to charity. This article explains the basics of donation deductions and describes how the Act makes four significant liberalizations to the charitable deduction rules. A sidebar highlights retirement plan distributions that may be affected by the legislation.

    Read More

  • Businesses can now enjoy faster depreciation of real estate qualified improvement property

    Summer 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 443

    Abstract: A technical correction in the CARES Act, signed into law in late March, retroactively allows real property owners to depreciate qualified improvement property faster than before. The change could lower some tax bills for 2018 and beyond. This article describes the drafting error and explains the impact of the correction, including the possible benefit of filing amended tax returns and receiving a refund.

    Read More

  • Consider a cost segregation study – It’s one way to boost your cash flow

    Spring 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 441

    Abstract: For businesses planning to buy, build or substantially improve real property, a cost segregation study can help accelerate depreciation deductions, reducing taxes and boosting cash flow. Lookback studies can also be done for prior years. This article explains how cost segregation studies work and how tax deductions are recovered.

    Read More

  • Oops, you overfunded your 529 plan — now what?

    Spring 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 594

    Abstract: If money is held too long in a Section 529 college savings plan, there could be tax consequences. This article describes alternatives for savers who have overfunded their accounts.

    Read More

  • Stock options — the right carrot in today’s job market?

    Spring 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 634

    Abstract: When nationwide unemployment is minimal, companies may struggle to fill staff positions. This article describes how offering equity-based compensation to job candidates is one recruitment strategy to consider. Stock options have proved to be an effective tool for attracting executives and other employees, as well as retaining and motivating them. Highlighted are ISOs, NQSOs and restricted stock.

    Read More

  • Rental real estate – Determining if a property is a business or an investment

    Spring 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 865

    Abstract: If you own rental real estate, its classification as a trade or business rather than an investment can have a big impact on your tax bill. The distinction is even more important now considering the 20% qualified business income (QBI) deduction for certain sole proprietors and pass-through entity owners. This article provides a brief overview of the deduction and rental real estate guidance related to it. A sidebar spotlights the IRS definition of “real estate professional” as it relates to this tax matter.

    Read More

  • Congress enhances taxpayer rights with the Taxpayer First Act

    Winter 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 418

    Abstract: The TFA, signed into law in July 2019, expands and strengthens taxpayers’ rights and protections in their dealings with the IRS. This article highlights the Act’s key provisions: the independent appeals process, third-party contracts, innocent spouse relief, and cybersecurity and identity theft protection. Technological improvements are also summarized.

    Read More

  • Keep these trustee traits front and center

    Winter 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 614

    Abstract: A critical but often overlooked aspect of estate planning is deciding who will serve as the trustee for your estate. This person will be responsible for managing all related financial, tax and administrative affairs and, therefore, should be chosen carefully. This article addresses the trustee’s duties and the decision about whether to designate an individual or a corporate trustee to handle settling the estate. Trustee services and fees also are discussed.

    Read More

  • Sailing the seas of business on a healthy cash flow

    Winter 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 680

    Abstract: Pulling in revenue that will ultimately boost the bottom line is every business’s goal. However, keeping the company in prime shape to seize profitable opportunities and overcome financial challenges is related to another objective: having a healthy cash flow. This article explains two cycles important to a healthy flow: the sales cycle and disbursements cycle. The importance of complete and accurate accounting also is discussed.

    Read More

  • Partnerships: Are you ready for the new IRS audit rules?

    Winter 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: It’s critical for partnerships, including limited liability companies taxed as partnerships, to consider the potential impact of “centralized audit” rules that are now in force. This article outlines steps you can take before an IRS audit to minimize the burden. This includes opting out of the new rules (if eligible), amending your partnership agreement and appointing an appropriate “partnership representative.” A sidebar discusses the procedure for “opting out” of the rules.

    Read More

  • Business tax planning – Can you deduct 2020 bonuses this year?

    Fall 2019
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 426

    Abstract: Businesses may be familiar with the rule that permits them to deduct employee bonuses this year if they pay employees within 2½ months after the end of the tax year. It’s an attractive year-end planning technique that lets a business enjoy a tax deduction this year, while its employees needn’t report the income until next year. It’s important to understand the requirements, however, because these tax benefits aren’t always available. This article provides a quick review.

    Read More

  • A valuation may be what your business requires

    Fall 2019
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 537

    Abstract: With the economy currently healthy, but its future uncertain, many U.S. companies face challenges. Chief among these is financing — which isn’t easy to secure, because lenders imposed tough standards after the last recession and fear another hit. A business valuation conducted by an outside expert can help a dealership present lenders with timely, in-depth financial data. A valuation also will turn up important company-specific information, including an awareness of market conditions and specific risks the dealership faces.

    Read More

  • On FIRE: 5 strategies for retiring way early

    Fall 2019
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 638

    Abstract: A new financial movement is afoot in which some people are striving to retire much sooner than the traditional retirement age of 65. Referred to as FIRE — or Financial Independence, Retire Early — the strategy involves saving for retirement very aggressively, mainly by living a super-frugal lifestyle. In some cases, people are retiring as early as their 30s or 40s by putting FIRE principles into practice. Even if the goal isn’t to retire this early, a person can still learn a few things from the FIRE movement that could help ignite retirement goals.

    Read More

  • Investors, make your tax-related moves now

    Fall 2019
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 839

    Abstract: The investment portfolio is an area that’s ripe for examination when looking for ways to reduce an individual tax bill. Techniques such as harvesting capital losses are highly effective and can be implemented quickly. Investment decisions should never be driven by tax considerations alone. But if buying or selling a security makes financial sense, it pays to take taxes into account when timing investment moves. This article offers several strategies to consider. A sidebar discusses the wash sale rule, which prevents an investor from buying substantially identical securities within 30 days before or after the sale — and techniques to mitigate a related risk.

    Read More