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Showing 17–25 of 25 results

  • Semantics matter – When using ascertainable standards, precise language is a must

    Year End 2011
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 651

    Abstract: If a trust includes the use of ascertainable standards (which limit distributions to amounts needed for a beneficiary’s health, education, support and maintenance), how the standards are drafted is critical to its success. As this article explains, ascertainable standards are objective, so they limit the trustee’s discretion and allow a court to determine whether distributions are appropriate or should be compelled. But precision of language is important to head off disputes.

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  • Spotting customers ripe for a turnaround

    Year End 2011
    Newsletter: Commercial Lending Report

    Price: $225.00, Subscriber Price: $157.50

    Word count: 651

    Abstract: As the economy continues to mend — sputtering along the way — commercial lenders must remain ever-vigilant in identifying customers that show signs of financial distress. An ailing customer may be a good candidate for a financial workout, or a “turnaround.” This article shows how to detect problems early and how a turnaround team works.

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  • Cash flow statements tell a story

    August / September 2011
    Newsletter: Commercial Lending Report

    Price: $225.00, Subscriber Price: $157.50

    Word count: 651

    Abstract: Lenders who use the statement of cash flows as an assessment tool can gain insight into their customers’ financial health, cash management skills and loan worthiness. But they need to understand what they’re seeing — or they could draw the wrong conclusions. This article explains the three sections of a statement of cash flows and what lenders should look for while reviewing it.

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  • Confronting the specter of an IRS audit

    Summer 2011
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 651

    Abstract: An IRS audit, though not entirely preventable, is more manageable than one might think. Construction companies are document-oriented businesses. So if they manage those documents properly, they’ll likely be well on their way to defending whatever tax breaks they’ve claimed. This article discusses topics such as the types of records to keep and the importance of properly classifying employees and independent contractors.

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  • Do you have a financial health plan? If not, it’s time to establish one

    Summer 2011
    Newsletter: Construction Industry Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 651

    Abstract: Having a financial health plan is critical for any construction business, but it’s especially helpful during a lackluster economy. By taking the company’s “pulse” on a regular basis, a contractor can ward off a number of financial maladies before the bottom line develops a serious ailment. This article describes some of the most important financial indicators, along with some of the ratios and other key measures used to assess them.

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  • Have you considered a Social Security “do-over”?

    November / December 2010
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 651

    Abstract: Planning for retirement is an important component of an estate plan. But what if a person already is retired and looking for ways to boost his or her income without creating a lot of risk? A lesser-known strategy can be loosely called a Social Security “do-over.” In a nutshell, a person files a form with the Social Security Administration and repays all of the Social Security benefits he or she has received. Then the person reapplies and begins receiving a higher payment based on his or her current age. This article further details this strategy.

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  • How would you handle a crisis? – Don’t wait until one happens to find out

    Summer 2010
    Newsletter: Construction Industry Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 651

    Abstract: Catastrophic events can happen at any time — but their consequences can be reduced if a construction company has a formal disaster management plan already in place. It starts with identifying every crisis that could challenge the business and then creating a suitable response to each. This article shows how to assemble a crisis management team, and how to be ready to address the emotional needs of employees affected by the crisis.

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  • Think outside the box in divorce

    January / February 2010
    Newsletter: Viewpoint on Value

    Price: $225.00, Subscriber Price: $157.50

    Word count: 651

    Abstract: The rules governing equitable marital dissolutions vary from state to state. But divorce courts often consider cases in other jurisdictions, especially when relevant legal precedent in their own jurisdictions is lacking. This article uses a recent tax case, Wechsler v. Wechsler, to illustrate the importance of considering Tax Court precedent if a marital estate includes a holding corporation with significant built-in capital gains tax obligations. Citations: Wechsler v. Wechsler, 2008 WL 4635832, Oct. 21, 2008; Estate of Dunn v. Commissioner, 301 F.3d. 339, 5th Cir., 2002; Estate of Jelke v. Commissioner, U.S. Court of Appeals for the 11th Circuit, No. 05 15549, Nov. 15, 2007.

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  • The 4-1-1 on FIN 48 – New accounting rules can be taxing

    February / March 2008
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 651

    Abstract: Under the new FIN 48 accounting rules, some organizations must disclose uncertain tax positions on their financial statements. If you’re like many business owners, you may be concerned that these new requirements will not only increase your costs and affect your company’s earnings, but also provide the IRS and state taxing authorities with ammunition they can use during an audit. This article delves into the topic and attempts to answer these questions: Do the new rules apply to you? What does FIN 48 require? What about state taxes?

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