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Showing all 15 results
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Valuation of pass-through entities – Why tax-affecting matters
September / October 2020
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: The valuation of a closely held business for gift and estate tax purposes is critical to determining how much of one’s estate goes to family and how much goes to the government. If the business is structured as a pass-through entity — such as an S corporation, partnership or limited liability company (LLC) — the use of tax-affecting can substantially reduce its value, allowing your estate to slash its tax bill. This article details tax-affecting strategies and recounts U.S. Tax Court cases involving the valuation of pass-through businesses.
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Target date fund labels can obscure their investment strategy
October / November 2017
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: The proliferation of target date fund (TDF) varieties can bewilder many plan sponsors. One survey found that, while 65% of plan sponsors consider investment performance the most important selection criterion when choosing a TDF, 54% aren’t confident about how to benchmark the TDFs against others in the marketplace. This article examines how to compare competing TDFs by segmenting them into logical categories.
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Building an on-off switch into your estate plan
September / October 2017
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: When planning an estate, there can be tension between estate tax planning and income tax planning. Strategies for reducing estate taxes typically focus on removing assets from your estate, while strategies for reducing income taxes typically focus on including assets in your estate. The right strategy for any one person is the one that will produce the greatest tax savings for his or her family. This article details the conflict and explains why an “on-off” switch in an estate plan can be beneficial.
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What would you do in a disaster?
September / October 2017
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: Planning for possible disruptions to the business is one of the most important responsibilities for a dealership owner. This includes disruptions caused by disasters such as hurricanes, earthquakes, cybercrime, terrorist attacks and server crashes. This article explores the process of creating a disaster recovery and business continuity plan, including setting objectives, assembling a disaster team and assigning tasks to its members. A sidebar addresses the role of insurance in a natural or man-made disaster.
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How social media can change the way you do business
Winter 2013
Newsletter: Healthcare Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: Countless medical institutions have started using live surgical Twitter-casts, Facebook and YouTube to get the word out about their facilities. Indeed, this popular form of communication can change the way hospitals do business, serving as powerful medicine for hospitals seeking to directly communicate with interested parties as well as gather and disperse critical information. This article describes steps to take when setting up a presence on social media, looking specifically at YouTube, Facebook and Twitter.
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Don kid gloves when tackling partnership disputes
Fall 2012
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: When partners can’t get along — whether it’s because of personality issues or divvying up responsibilities — running a truly successful practice becomes even more difficult. There are ways to knock out many conflicts but, to do so, it’s necessary to put on kid gloves. This article explains how to share responsibilities, establish a practice vision, resolve issues arising from age differences, and implement a clear, amenable compensation model for physician partners.
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Cash flow 101: Submit clean claims to avoid denials
Fall 2012
Newsletter: Vital Signs
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: To ensure a practice’s cash flow keeps flowing, it’s necessary to win more appeals on claim denials and, better yet, reduce denials by submitting clean claims in the first place. This article discusses what accounts for most denials and looks at the importance of having a certified coder working on both the front and the back end of the process. It also lists critical items that should be included in an appeal and suggests creating a team to examine the reasons for denials.
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Finding and preventing procurement fraud
September / October 2012
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: Purchasing departments can be fraud hotbeds. Without strong fraud control measures, companies can easily fall victim to fictitious vendor, kickback and other procurement schemes. This article describes red flags to look for internally, including payments to vendors that have been invented by employees, and also discusses preventive measures.
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Getting accountable with small tool reimbursements
March / April 2012
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: Many construction companies permit — even encourage — employees to buy their own small tools and then seek reimbursement from their employer. These companies can use this arrangement to gain some tax advantages and keep workers from unnecessarily incurring tax liability by making the plan “accountable” in the eyes of the IRS. This article explains the benefits of an accountable plan and the criteria that must be met.
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New standards make qualifying for tax-exempt status harder
Summer 2010
Newsletter: Healthcare Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: True or not, over the last several years, a perception has developed that not-for-profit hospitals and health systems provide no more charity care than their for-profit counterparts. Such thinking has led to increased scrutiny of tax-exempt health care entities and whether they deserve that status. And the recently enacted health care reform along with an Illinois Supreme Court decision in March may make it harder to qualify for tax-exempt status.
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Meeting FLSA overtime requirements – 7 factors to keep in mind
January / February 2010
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: While making decisions about overtime, it’s important that dealerships comply with the Fair Labor Standards Act (FLSA). There are seven factors to keep in mind, involving such considerations as salary thresholds and the different employee categories. A sidebar to this article lists several overtime errors that employers commonly make.
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Bankruptcy and your estate plan – When assets are transferred is key
June / July 2009
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: Some estate planning tools, such as FLPs and FLLCs, provide some peace of mind that your assets will be there when your family needs them. But don’t be lulled into a false sense of security. Asset protection is never absolute, particularly when bankruptcy is involved. To minimize your risk, it’s important to consider bankruptcy issues as you plan your estate. This article explains how you can set up asset protection trusts and other vehicles in a way that keeps them from being disqualified as fraudulent or preferential transfers.
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Don’t shrug off a business valuation – Appraisals can help during tough times
April / May 2009
Newsletter: Trendlines
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: During tough economic times, it’s understandable that many business owners look to cut any nonessential activities from their operations. And, assuming no specific circumstance warrants it, taking the time to assemble the financial documents and engage a qualified appraiser may not seem particularly essential. Yet, in truth, business valuations shouldn’t be shrugged off quite so quickly. As this article explains, when dark economic clouds threaten, an appraisal can provide just the information you need to find shelter from the storm.
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6 things you should know about before you do work in another state
Winter 2009
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: If this tight economy is pinching your wallet, you may be thinking that now is a good time to explore business opportunities in other states. Before you venture too far from home, however, know what you’re getting into. State requirements surrounding construction projects vary widely. These requirements may not be burdensome, but you’ll need to satisfy them before you can lay the foundation. This article discusses the top six you should know about.
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The times they are a-changin’ – New risk-assessment standards will affect your annual audit
Winter 2008
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 728
Abstract: If yours is a privately held construction business, get ready: Your CPA will be taking a closer look at your 2007 year end financial statements. This article delves into the new risk-assessment standards issued by the American Institute of Certified Public Accountants in March 2006. The new standards are the most significant change to auditing in the last 30 years, and they will affect CPAs and contractors alike.