543
Showing 1–16 of 18 results
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PPP loans: One year later
March 2021
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: About a year ago, the Paycheck Protection Program (PPP) was launched in response to the COVID-19 crisis. Business owners who took out such a loan are likely curious about the tax consequences, particularly for forgiven loans. This article provides pertinent information. A sidebar announces the launch of “second-draw” PPP loans.
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Can you deduct travel costs to monitor properties? U.S. Tax Court says yes, within limits
January / February 2021
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: The Internal Revenue Code allows the deduction of “ordinary and necessary” business expenses, including travel expenses while away from home overnight for business. This article summarizes a recent ruling by the U.S. Tax Court reminding taxpayers that the deduction is subject to some restrictions. Maki v. Comm’r, T.C. Summary 2019-34 (Tax Ct. 2019).
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How CRM software can help build business relationships
July / August 2019
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: In construction, building relationships can be just as important as building structures. But keeping track of multiple clients, contacts and projects can be challenging — especially for contractors who spend more time on jobsites than in the office. This article looks at a potential solution: customer relationship management software.
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Recognize the typical schemes of subcontractor fraud
May / June 2019
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: General contractors usually have good relationships with their subcontractors. But fraud happens in every industry — and construction is no exception. This article examines some of the typical schemes associated with subcontractor fraud and suggests a variety of measures to stop it.
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Is it time to buy a drone? Issues to consider
January / February 2018
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: Over the last few years, drones (or, more properly, unmanned aerial vehicles) have evolved from novelty items to integral tools in many a contractor’s inventory. But that doesn’t necessarily mean buying one is absolutely necessary for every construction company. This article discusses some of the issues involved in the buying decision.
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Need money fast? Contractors have options
November / December 2017
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: For contractors, many of whom get paid only after work is completed, obtaining funds from traditional lenders can be difficult. Fortunately, there are a variety of other lending options that offer quick access to cash (with notable risks, of course). This article touches on five such options, including invoice factoring and leaseback programs.
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Hire when ready – Thinking outside the box and tracking costs
Spring 2017
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: A skilled worker shortage continues to plague the construction industry. Contractors need to track their labor costs carefully so they’re ready to hire should the opportunity arise. Meanwhile, they must think outside the box when it comes to finding workers. This article discusses both of these mission-critical tasks.
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Could your debt relief turn into a tax defeat?
April 2016
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: Restructuring debt has become a common approach to personal financial management. But many people fail to realize that there’s often a tax impact to debt relief. This article provides an overview of cancellation-of-debt income.
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Finding the value of a noncompete agreement
March / April 2016
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: Noncompete agreements can help businesses retain valuable employees, safeguard inside information and prevent unfair competition. But though they’re designed to protect companies, they can also put them at risk if they’re not properly structured and maintained. This article explains how valuators help ensure noncompete agreements are valued appropriately and are fair to all parties.
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Peace and love? Not when it comes to trademarks
February / March 2016
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: “Peace and love” is such a heart-warming sentiment — until it becomes the subject of a trademark dispute. This article describes an appeals court’s decision that demonstrates the limits of trademark protections, even for registered marks.
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Could your debt relief turn into a tax defeat?
Spring 2016
Newsletter: Business Matters
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: Restructuring debt has become a common approach to personal financial management. But many people fail to realize that there’s often a tax impact to debt relief. This article provides an overview of cancellation-of-debt income.
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The marriage penalty
July 2013
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: The marriage penalty occurs under the current tax system when a married couple pays more federal income tax when filing jointly than they would if they had remained single and each filed as an individual taxpayer. Historically, Congress has taken steps and passed legislation to provide relief from the marriage penalty. However, the 2010 Affordable Care Act and the American Taxpayer Relief Act of 2012 (ATRA) increased the marriage penalty for some high-income couples. This article takes a look at how this legislation adversely impacts married taxpayers.
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Business provisions of the new tax act
March 2013
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: The 2012 American Taxpayer Relief Act includes a wide-ranging assortment of tax changes affecting both individuals and businesses. On the business side, two of the most significant changes provide incentives to invest in machinery and equipment by allowing for faster cost recovery of business property. This article looks at the legislation as it pertains to enhanced small business expensing (Section 179 expensing) and an extension of additional first-year depreciation.
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Practical Perspectives: Key financial issues for you and your family — New homeowners ponder tax impact of their mortgage
June / July 2012
Newsletter: Trendlines
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: This issue’s “Practical Perspectives” discusses the case of Bradley and Melissa, who recently bought a house. With the closing behind them, the couple sat down with their financial advisor to discuss the tax impact of their mortgage. Their advisor began by noting that they had picked a good time to buy a house — at least from one tax perspective. The advisor explained the distinction between asset debt and equity debt, and pointed out that the IRS has come to be more lenient regarding the deductibility of the latter. This could be helpful if Bradley and Melissa decided to refinance in the future.
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Who covers the estate tax bill? Spell it out in an apportionment clause
August / September 2011
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: To ensure one’s estate tax bill doesn’t fall to the wrong beneficiaries, it’s important that a will or living trust include a carefully crafted tax apportionment clause. A poorly drafted clause may result in the collection of estate taxes from unintended beneficiaries or ambiguity over the payment of taxes, resulting in disputes or litigation. If one fails to plan for estate tax apportionment, the government has a plan. This article examines federal and state law in this regard.
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A guiding light even after death – Pass your wealth and values on to loved ones with an incentive trust
November / December 2010
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 543
Abstract: It’s not uncommon for people to worry about what might happen if their children should inherit their wealth before they’ve gained experience and maturity. But this article shows that an incentive trust will allow parents to establish specific criteria for their children to meet before becoming eligible to receive the trust’s assets. The trust can mandate that the child meet particular personal or professional goals, and it can be set up to spread distributions over a set amount of time.