504
Showing all 9 results
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Tax Court rules for taxpayer in self-rental rule case
July / August 2013
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 504
Abstract: Those who rent property to their own business risk catching the eye of the IRS. But this article discusses one case in which the Tax Court found that the self-rental rule didn’t apply and the IRS shouldn’t have recharacterized the rental income as nonpassive in the first place. With the introduction of the new 3.8% tax on net investment income — which applies to certain passive income — it’s more critical than ever for taxpayers to properly identify their passive activities. Francis Dirico, 139 T.C. No. 16 (Tax Ct. 2012).
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Dealer Digest
September / October 2012
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 504
Abstract: This issue’s “Dealer Digest” takes a look at a study by consumer website CarMD indicating that the average cost of certain car repairs fell 6% from 2010 to 2011. It also examines a NADA DATA 2012 study that reveals that 2011 was a good year for car sales — and 2012 may be even better. And it discusses proposed U.S. House Energy and Commerce Committee legislation that would repeal an “obsolete” mandate requiring motor vehicle insurance cost reporting.
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Construction Success Story — Contractor considers sending payroll packing
September / October 2012
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 504
Abstract: This issue’s “Construction Success Story” involves a general contractor who felt he was spending too much time handling payroll matters. When a colleague mentioned her positive experience outsourcing this function to a third-party payroll service, the contractor investigated further. His financial advisor felt that this solution can be appropriate for construction companies, given their especially complex payroll requirements. But the advisor cautioned that it’s important to find the right vendor, and listed some of the considerations to address.
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Unclaimed property – It’s not a matter of “finders, keepers”
Winter 2012
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 504
Abstract: Every dealership has assets that are in a kind of limbo — long-forgotten checks to customers and other valuables that no one else has claimed. A dealership might be giving little thought to these financial assets, and perhaps improperly treating them as a type of revenue. But the state may try to collect this “unclaimed property.” This article explains the expectations that some states might have of businesses in regard to reporting it.
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Back to Basics – ’Tis the season for succession planning
Year End 2011
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 504
Abstract: Year end is a time of planning for many business owners, and an important part of this process is succession planning and preparing the next generation of management for what lies ahead. Lenders, of course, have a vested interest in their borrowers’ successors. This article points out that succession planning isn’t just for business owners nearing retirement; lenders may need to revise loan covenants to require key-person insurance. Also, a valuation professional should evaluate buy-sell agreements.
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Think twice before bailing out – Save your property and your tenants
September / October 2010
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 504
Abstract: A property owner’s financial setback due to loss of tenants can cause a building to fall into disrepair, which may in turn cause existing tenants to leave, leading the owner to lose more money and, in many cases, to lose the property too. This article shows how this vicious cycle can be broken: by working closely with the lender and by adopting a greater “customer service” mentality toward tenants.
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Does your company meet credit data security requirements?
June / July 2010
Newsletter: Public Company Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 504
Abstract: Contrary to popular belief, the Payment Card Industry Data Security Standard (PCI DSS) isn’t only for companies that process a lot of credit card payments. PCI DSS establishes minimum requirements for securing sensitive cardholder data, and even one transaction is enough to compel compliance. The penalties for noncompliance can be severe. Companies are strongly encouraged to review the PCI DSS framework and ensure their organizations meet its 12 basic requirements and validate compliance with the standard. This will help them avoid penalties, as well as liability for data security breaches and potentially irreparable damage to their reputation.
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LEED changes increase complexity of going green
January / February 2009
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 504
Abstract: In an effort to eliminate backlogs and comply with ISO standards, the U.S. Green Building Council (USGBC) has revised its Leadership in Energy and Environmental Design (LEED) certification program. As a result, contractors looking to “go green” with their projects will face a substantially larger number of reviewing organizations and a more complex point system to qualify for certification. This article covers some of the many specifics.
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Every business needs a plan
September / October 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 504
Abstract: What is a manufacturer’s breakeven point? How many employees must a service firm hire — or lay off — next year? How long before a startup will turn a profit? Business plans help borrowers answer these tough questions and others. They also show lenders that management operates with forethought and efficiency, rather than by the seat of its pants.