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Showing all 16 results
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Do you have foreign assets? Proper planning is necessary to avoid unintended outcomes
September / October 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: Some may live by the motto, “outta sight, outta mind.” However, it’s best not to apply that line of thinking when it comes to assets. This is particularly true when accounting for foreign assets in an estate plan. This article discusses the double taxation risk involved with foreign assets and examines the benefits of using multiple wills to account for these assets.
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Has COVID-19 hurt your Community Reinvestment Act rating?
Summer 2021
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: The COVID-19 pandemic has had a significant impact on community banks and their customers, but one area that is often overlooked is the potential impact on a bank’s Community Reinvestment Act (CRA) rating. This article notes that to mitigate the risk of receiving a poor CRA rating, a bank should identify and document the various factors — both bank-specific and community-specific — that influence its lending ability.
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Pandemic planning – Stay on track with your college savings plans
Summer 2021
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: One negative impact of the COVID-19 pandemic has been a disruption for some families in their well-laid college savings plans. This article explains why it’s wise to continue putting something away for college in a Section 529 plan, even if it’s less than before. The article also describes the different types of 529 plans and their requirements.
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Prescription for copyright protection: Register stat!
June / July 2020
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: Copyright protection generally takes effect as soon as an original work is created, but it might not be as extensive as some think. To get the full protection, including the ability to sue for infringement, the work must be registered with the U.S. Copyright Office — ASAP. This article covers a recent case in which the copyright holder learned the risks of delaying registration the hard way. Southern Credentialing Support Svcs., LLC v. Hammond Surgical Hosp., LLC, No. 18-31169, Jan. 9, 2020, 5th Cir.
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Beware of forensic accounting issues when calculating lost profits
November / December 2019
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: Estimating lost profits isn’t always cut and dried. It’s important to look behind the numbers for signs that they might have been manipulated or falsified. This article describes how financial experts calculate lost profits and how professional skepticism helps ensure those calculations are reasonable.
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Beware of forensic accounting issues when calculating lost profits
November / December 2019
Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: Estimating lost profits isn’t always cut and dried. It’s important to look behind the numbers for signs that they might have been manipulated or falsified. This article describes how financial experts calculate lost profits and how professional skepticism helps ensure those calculations are reasonable.
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Pluses and minuses of paying your board
April / May 2018
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: Some nonprofits today are considering compensating board members for their services, thinking they might be able to attract better qualified leaders. This article outlines the pros and cons of board payments, including factors to consider in making the decision and developing a compensation policy.
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Appraisal or evaluation? A look at the rules
Winter 2018
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: When valuing real estate in connection with lending transactions, banks often hesitate to rely on evaluations in lieu of appraisals — even though they can be quicker and more cost-effective. That’s usually because they fear criticism from examiners. This article looks at the federal banking agencies’ regulations and notes the circumstances under which the rules permit using evaluations as part of an appropriate real estate valuation program.
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Using audit techniques can help you shape your future
Spring 2017
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: Whether or not a nonprofit uses an independent auditor once a year, it can employ moves from an auditor’s playbook to get a better view of the organization’s revenue picture. This article discusses techniques such as pinpointing year-to-year trends and benchmarking to other nonprofits, which can be useful in planning a nonprofit’s short- and long-term future.
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Stop, thief! Court lowers bar for injunctions against infringers
June / July 2016
Newsletter: Ideas on Intellectual Property Law
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: Recently, the Federal Circuit ruled in a patent infringement case that, to establish irreparable harm, an infringing feature doesn’t have to be the exclusive driver of demand for the infringing product. This article summarizes the case and explains why showing infringement can be difficult — if not impossible — when dealing with technological devices with thousands of features. Apple Inc. v. Samsung Electronics Co., Ltd., Dec. 16, 2015, Nos. 2015-1171, 2015-1195, 2015-1994 (Fed. Cir.)
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It’s a new generation – The topsy-turvy ride of PPMCs
Fall 2014
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: Physician practice management companies (PPMCs) rose and fell during the 1990s. After acquiring dozens of medium-to-large multispecialty and single-specialty physician practices, most of these organizations failed and declared bankruptcy. The consensus is that the PPMC concept didn’t work because it was both premature and poorly executed. But now, a new generation of PPMCs has emerged with a stronger value proposition. This article explains how PPMCs can fill several gaps in the abilities of physician practices to thrive in a highly dynamic health care environment.
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How to protect your LLC investments
March / April 2014
Newsletter: Real Estate Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: Real estate owners and developers often form limited liability companies (LLCs) to hold title to property. One key reason for making the switch is that LLCs limit personal liability. While these entities do offer protection from personal liability for the debts and liabilities of the entity itself, some exceptions exist that could drain an owner’s or developer’s personal finances. This article discusses some of the ways that personal liability can exist and how it can be minimized.
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Excess earnings method – Higher valuation of law practice prevails in divorce case
November / December 2013
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: In divorce, the value of a spouse’s interest in a professional practice can play a significant role in the final financial outcome. However, such appraisals can result in a range of values. In one recent case, Wright v. Wright, the spouse’s expert used a methodology to arrive at a value three times higher than that of the husband’s expert. This article explains why the court disputed the husband’s contention that this “bottom-up” method didn’t apply.
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Give away your company (to save estate taxes)
February / March 2009
Newsletter: Trendlines
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: Many business owners count their companies among their most valuable assets. From this perspective, it might seem unfathomable to consider giving away business interests. But, to reduce the estate tax cost at death and enhance the business succession plan, business owners may want to do just that. This article explains why.
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Don’t “wage” war with the IRS – Review S corporation compensation to help ensure it will pass muster
September / October 2008
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: The payment of reasonable compensation to S corporation shareholders is high on the IRS’s list of audit concerns. That’s because S corporations that make distributions of profits in lieu of salaries to employee shareholders enjoy significant savings on employment taxes. In recent years, auditors have been scrutinizing S corporation salaries and recharacterizing distributions of profits as wages when they feel that shareholder compensation is unreasonably low. The result: Affected businesses receive an unpleasant surprise in the form of a bill for unpaid employment taxes, plus penalties and interest. This article offers advice on how to determine reasonable compensation.
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How normalized earnings paint a true-to-life financial picture
Summer 2008
Newsletter: Expert / Valuation & Litigation Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: To reach an accurate business value, a company needs to work with a professional valuator to determine its normalized earnings. This article explains why normalized earnings provide a more complete view of a company’s financial position and facilitate easier comparison with other companies. Among the types of adjustments discussed are revenue, depreciation, compensation, related-party transactions and inventory.