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Showing 1–16 of 21 results
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How to secure a tax benefit with the QBI deduction
February 2024
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: The qualified business income (QBI) deduction, authorized by the Tax Cuts and Jobs Act (TCJA), is available to owners of pass-through entities — such as S corporations, partnerships and limited liability companies (LLCs) — as well as self-employed individuals. This article highlights how the QBI deduction works and explains that it’s only available for a limited time, unless Congress takes further legislative action.
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Head off potential litigation – Use notes and documentation to avoid problems
Summer 2023
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: For physicians, taking good notes and creating full and complete documentation on each patient is important — both for providing optimal care and as a shield against lawsuits or other inquiries. This article offers some tips on good recordkeeping practices, such as including images in notes and documenting the thinking behind each diagnosis — including the recommended treatment plan. The article points out that the extra time physicians spend on writing longer, more detailed notes will pay off in better, more comprehensive patient care and less litigation risk.
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Tax Tips – Understanding the impact of earnings on Social Security benefits
September / October 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: These brief tips explain how a person’s earnings can directly affect his or her Social Security benefits; detail how a business can use a reverse sales and use audit to its benefit; and explain why now may be a good time for homeowners to invest in a solar energy system.
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Time to invest? Making the most of a budget surplus
Fall 2018
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: With the economy thriving, many law firms find themselves with a budget surplus for the first time in several years — possibly the first time this decade. This article examines ways firms may want to consider investing some of those funds to help achieve long-term growth.
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Cool down with a dip into your tax records
August 2017
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: A good way to beat the heat during the dog days of summer is to organize your tax records. Granted, it may not be as exhilarating as jumping off the high dive, but a dip into these important documents now may save taxpayers headaches later. This article explains the IRS guidelines for tax-record retention, as well as some important exceptions to consider.
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5 tips for safe intrafamily loans
September 2016
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: If a relative needs financial help, offering an intrafamily loan might seem like a good idea. But if not properly executed, such loans can carry substantial negative tax consequences. This article presents five simple steps that would-be lenders should consider before making such an arrangement.
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Court dismisses excessive fee charge – When parties are considered fiduciaries
June / July 2016
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: A U.S. Court of Appeals has denied a 401(k) plan sponsor’s effort to recover funds from its administrator based on an accusation that it had charged participants “excessive” fees. This article explains why the court rejected the plaintiff’s arguments and reminds plan sponsors to carefully scrutinize fee structures during contract negotiations. Hecker v. Deere & Co., 556 F.3d 575, 583 (7th Cir. 2009) Renfro v. Unisys Corp., 671 F.3d 314, 324 (3d Cir. 2011) McCaffree Financial Corp. v. Principal Life Insurance Company (8th Cir., No. 15-1007)
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3 strategies for transferring assets to your heirs
Winter 2014
Newsletter: Business Matters
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: In estate planning, how someone owns assets and arranges to transfer them after death can make a big difference to his or her heirs. This article looks at three options: joint tenancy with the right of survivorship; an irrevocable life insurance trust (ILIT); and a credit shelter trust.
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Qualified plan distributions exempt from the NIIT
May 2013
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: Beginning in 2013, a new 3.8% net investment income tax (NIIT) applies to the net investment income of high-income taxpayers. This article explains the income thresholds, the types of income subject to the tax, and retirement plan distributions that are not subject to the NIIT.
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Newsbits
Summer 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: In this issue, “Newsbits” takes a look at “Exempt Organizations Select Check,” an IRS searchable database that lets users check certain information about not-for-profits’ federal tax status and filings. It also discusses a New York charity’s interactive virtual food drive fundraising tool and notes a new political focus for Independent Sector, a coalition of nonprofits, foundations and corporate giving programs.
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Early fraud detection: How the SEC uses data mining
July / August 2012
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: The most effective strategy for combating fraud is a combination of prevention and early detection. Increasingly, organizations are turning to risk analytics, such as data mining, to uncover fraudulent activity. This article specifically shows how the Securities and Exchange Commission (SEC) has had great success using data mining to detect fraudulent hedge fund activity.
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Take the dread out of manufacturer rebates
Summer 2012
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: The rebate process can be confusing for dealers, who might fear hefty chargebacks and chaos. This article offers some ideas for smoothing out the procedure. It specifically examines adhering to a clear and consistent submissions method; maintaining good record-keeping; and engaging in quarterly self-audits.
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4 hot features of the latest construction accounting software
Spring 2012
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: Running a construction company without accounting software may seem next to impossible these days. So, those who have a construction accounting package in place need to keep an eye on whether it’s becoming outdated. This article examines four hot features of the latest software that may provide incentive for an upgrade.
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Chance of a lifetime – Don’t miss the temporarily high gift tax exemption
Spring 2012
Newsletter: Business Matters
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: Thanks to 2010’s Tax Relief act, it’s possible to transfer up to a lifetime maximum of $5.12 million to family members or others free of gift taxes. But, without congressional action, on Jan. 1, 2013, the lifetime gift and estate tax exemptions will fall to $1 million. In addition, the top gift and estate tax rates will increase from 35% to 55%. This article explains the benefits of a transfer in 2012, while a sidebar offers options for those who aren’t ready to fully relinquish control of their assets but want to take advantage of the current gift tax exemption.
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Back to Basics – Your borrowers’ hidden liabilities
October / November 2011
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: It’s every lender’s nightmare: A borrower gets blindsided by an unexpected liability that renders it insolvent, irreparably tarnishes its reputation or impairs its ability to repay debts. Not every potential liability is reported on the balance sheet, so this article presents some hidden liabilities that careful scrutiny can uncover: contingent liabilities, underfunded pensions, and industry and internal risks.
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Practical Perspectives: Key financial issues for you and your family – Green housing upgrades cheer up would-be sellers
June / July 2011
Newsletter: Trendlines
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: In this issue, “Practical Perspectives” visits Matt and Sylvia, who consult their financial advisor regarding their summer rehab plans. Their advisor explains how energy-efficient home upgrades — for both their home and car — would be good not only for the planet, but potentially also for their tax bill.