584
Showing 1–16 of 21 results
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How to stay on the right side of the IRS
Summer 2023
Newsletter: Nonprofit Observer
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: Obtaining a determination letter from the IRS is no guarantee that a nonprofit organization’s tax-exempt status is secure for the long run. Nonprofits must meet additional requirements to maintain their exempt status. This article looks at some required filings and recommended recordkeeping, along with IRS public disclosure requirements for nonprofits.
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How to stay on the right side of the IRS
June / July 2023
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: Obtaining a determination letter from the IRS is no guarantee that a nonprofit organization’s tax-exempt status is secure for the long run. Nonprofits must meet additional requirements to maintain their exempt status. This article looks at some required filings and recommended recordkeeping, along with IRS public disclosure requirements for nonprofits.
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Comparing inter vivos and testamentary trusts
February / March 2023
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: Creating and adhering to an estate plan is no simple task. Generally, the end goal of estate planning is to divide up and transfer assets to loved ones at a minimum or zero tax cost. Of course, a will is a good starting point, but it may be supplemented by various other estate planning techniques, including trusts. Trusts are essentially used to accommodate asset transfers beyond dispositions in a will. This article examines the two main trust types: the inter vivos trust and the testamentary trust.
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Why a cost segregation study is a good idea – Accelerate depreciation deductions to reduce taxes and boost cash flow
Spring 2021
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: The COVID-19 pandemic has resulted in many companies conserving cash and not buying much equipment during the past year. An unintended downside is that businesses may not be able to claim the same amount of depreciation tax deductions as they have in past years. A cost segregation study may allow a business to accelerate depreciation deductions on certain items, thereby reducing taxes and boosting cash flow. This article reviews the rules on depreciating property; how, under the right circumstances, a cost segregation study can yield substantial tax benefits; who should conduct a study; and the elements of a study.
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Are you a member of the Sandwich Generation?
October 2018
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: The “Sandwich Generation” consists of those individuals who are currently taking care of their children and their elderly parents. This article covers some critical steps to take when incorporating an elderly parent’s needs into an adult child’s estate plan.
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Updated survey provides insight into fraud trends and prevention methods
September / October 2018
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: The Association of Certified Fraud Examiners (ACFE) has released its Report to the Nations: 2018 Global Study on Occupational Fraud and Abuse. Consistent with previous studies, the ACFE estimates that occupational fraud costs the typical organization 5% of its revenue every year. This article discusses the report’s findings, including median fraud losses, popular fraud schemes and the most common methods of detection.
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Are you a member of the Sandwich Generation?
Fall 2018
Newsletter: Business Matters
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: The “Sandwich Generation” consists of those individuals who are currently taking care of their children and their elderly parents. This article covers some critical steps to take when incorporating an elderly parent’s needs into an adult child’s estate plan.
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Is your firm ready to profit from data analytics?
Spring 2018
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: Data analytics is the process of using qualitative and quantitative techniques to increase productivity and business gain. Attorneys are increasingly seeing the value of data analytics when preparing for and trying cases. The potential value of this number-crunching goes much further, though. This article discusses how law firms also can wield data analysis to run more smoothly and drive profits outside of the courtroom.
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Seeing F&I operations in a new light
March / April 2018
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: One of the keys to maximizing the profit potential of the F&I department — and boosting customer loyalty — is to look at the sales process anew. This article highlights the concept of “consulting” with customers instead of merely selling to them. It also examines best practices for presenting customers with product options.
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Loan or lease – What’s the smartest way to finance new asset purchases?
Fall 2017
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: Manufacturers that need to expand their facilities or update equipment may be weighing the pros and cons of financing vs. leasing. This article explains tax, financial and practical considerations to help business owners make informed decisions.
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The ins and outs of naming a trustee
June / July 2017
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: When naming a trustee for a trust holding assets for a beneficiary or beneficiaries, it’s vital to make the right choice, because the trustee role carries significant legal responsibilities. Often the choice is between a person, such as a trusted friend or family member, or a financial institution. This article details a trustee’s responsibilities and discusses the qualities — and qualifications — a trustee must have. The article points out that, because of the sensitive responsibilities assumed and the length of time over which some trusts extend, many legal and financial professionals recommend engaging a corporate trustee, such as a bank or financial institution.
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Afraid of being audited? An IRS guide may help ease your mind
Spring 2016
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: The IRS’s Audit Technique Guide covering attorneys is designed for the agency’s employees. But knowing what auditors look for enables lawyers and law firms to provide the right information and reduce the time and stress of being audited. This article highlights several areas covered by the guide and stresses the importance of sound accounting.
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Form 990 or 990-EZ – Who’s a Schedule L “interested person”?
October / November 2015
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: The IRS is stepping up its efforts to ensure that no nonprofit insiders — those able to exert influence over the organization’s decision making — are benefiting from their position. Nonprofits yet to file Schedule L, “Transactions With Interested Persons,” with Form 990 or 990-EZ should pay attention to the changes in the definition of “interested person” for 2014. This article explains those changes, which are likely to make gathering this information easier than in past years, and might affect the number of independent directors that nonprofits report on Form 990.
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The Affordable Care Act – What you should know entering 2015
January / February 2015
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: It’s been nearly five years since the ACA was passed by Congress and signed by the president. Since then, a number of changes have been made to the law. This makes the start of 2015 a good time to review its status. This article provides a review of two of the act’s most important provisions — the “play or pay” provision and the small employer tax credit.
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Deal do-over – Make the second time a charm
June / July 2011
Newsletter: Merger & Acquisition Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: It’s wise for a business owner to be cautious — even suspicious — if a former prospective buyer renews its interest in making an acquisition. But shutting the door without a fair hearing could be a mistake. Such buyers often are ideal merger partners because they’ve likely learned from their mistakes and are committed to making it work this go-around. This article looks at some of the issues that should be revisited before sellers agree to a second courtship.
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Good customer service applies to law firms, too
Spring 2011
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: A “customer service culture” isn’t only for retailers and restaurants; it also can give law firms a competitive edge. This article explains that everyone in a firm should receive some form of customer service training. It offers five basic rules that can help everyone, from receptionist to managing partner, navigate antagonistic situations.