760

Showing all 8 results

  • What are the pros and cons of the new QIP depreciation breaks?

    October / November 2020
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 760

    Abstract: One tax benefit of the CARES Act is that it allows real property owners to depreciate real estate qualified improvement property (QIP) faster than before. This article points out that the rule change was made in response to an earlier drafting error in the 2017 TCJA. Under the CARES Act, QIP is now included in the Internal Revenue Code’s definition of 15-year property, so it can be depreciated over 15 years for federal income tax purposes. The article explains the possible benefits and drawbacks of the new QIP depreciation tax breaks.

    Read More

  • How will the new tax law affect fringe benefits?

    Spring 2018
    Newsletter: Auto Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 760

    Abstract: Less-publicized elements of the TCJA that could have a consequential impact on dealerships include the tax treatment of employee fringe benefits. This article explains provisions that limit meal and entertainment deductions, repeal the transportation benefits deduction and curb achievement award deductions. A new family and medical leave credit also is discussed. A sidebar highlights changes that affect moving expenses and onsite gyms.

    Read More

  • Why jointly owned property may not be a good idea

    November / December 2011
    Newsletter: Tax Impact

    Price: $225.00, Subscriber Price: $157.50

    Word count: 760

    Abstract: Many well-meaning parents think they can avoid estate planning by simply jointly owning their property with their children. But this may not be such a good idea. For one thing, the value of the gift will be counted toward the parents’ lifetime gift/estate tax exemption. For another, the heir may owe capital gains tax if the property is sold. The transfer could even lead to a denial of Medicaid benefits down the road. This article explores the pitfalls.

    Read More

  • Staff engagement leads to staff loyalty

    Fall 2011
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 760

    Abstract: Employees are motivated by more than monetary compensation. Well-run practices also meet many other needs, thereby creating a critical component of any successful organization — the engaged employee. This article discusses the importance of offering employees nonmonetary rewards that are tailored to each individual. A sidebar notes that exit interviews can be helpful to learn lessons from employees who decide to leave.

    Read More

  • What is the “value” of litigation?

    January / February 2011
    Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report

    Price: $225.00, Subscriber Price: $157.50

    Word count: 760

    Abstract: Placing a value on litigation — that is, determining the probable outcome and its potential financial impact on a party — can not only assist in weighing the relative costs and benefits of various litigation strategies, but it’s also relevant for business valuation and financial reporting purposes. And it’s particularly significant in light of the Financial Accounting Standards Board’s proposed changes in the way loss contingencies are accounted for and disclosed in a company’s financial statements. This article discusses these changes and how they raise significant concerns for parties and their counsel.

    Read More

  • Appraisal reports – A recipe worth knowing

    April / May 2010
    Newsletter: Commercial Lending Report

    Price: $225.00, Subscriber Price: $157.50

    Word count: 760

    Abstract: Long before a client’s appraisal report is prepared, much work has gone into arriving at the value of the company. The valuation process will vary according to the business being examined, but some practices are common. Appraisers often rely on three common approaches when valuing a business, but may use values from other sources to reconcile against their own analyses. They also must decide, on a case-by-case basis, the extent to which adjustments apply, and carefully scan appraisal appendices in search of important information.

    Read More

  • Vying for the rights to flat-screen TV technology – No damages for breach of patent license

    September / October 2009
    Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report

    Price: $225.00, Subscriber Price: $157.50

    Word count: 760

    Abstract: Last summer, two companies engaged in a fierce battle over licensing rights to a patented flat-screen TV technology. In Nano-Proprietary Inc. v. Canon Inc., the U.S. Court of Appeals for the Fifth Circuit held that a patent licensor couldn’t terminate a “perpetual” license agreement, despite the licensee’s material breach of the agreement. In addition, the licensor couldn’t recover monetary damages, because it had failed to establish the amount of damages with reasonable certainty. This case shows how a qualified valuation expert can help eliminate speculation.

    Read More

  • When fiscal sponsorship is right …

    Year End 2008
    Newsletter: Nonprofit Agendas

    Price: $225.00, Subscriber Price: $157.50

    Word count: 760

    Abstract: Becoming — or finding — a fiscal sponsor is the smart thing for a nonprofit to do under certain circumstances. Do you know the difference between being a fiscal agent and a fiscal sponsor?

    Read More