842

Showing all 16 results

  • Partnerships: Are you ready for the new IRS audit rules?

    Winter 2020
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: It’s critical for partnerships, including limited liability companies taxed as partnerships, to consider the potential impact of “centralized audit” rules that are now in force. This article outlines steps you can take before an IRS audit to minimize the burden. This includes opting out of the new rules (if eligible), amending your partnership agreement and appointing an appropriate “partnership representative.” A sidebar discusses the procedure for “opting out” of the rules.

    Read More

  • How control and marketability affect the value of minority interests

    November / December 2019
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: Discounts for lack of control and lack of marketability rank among the most contentious issues when valuing a minority interest in a privately held company. This article explains these discounts and the evidence that’s used to quantify them. A sidebar describes another discount that may apply to businesses with appreciated assets: the built-in gains discount.

    Read More

  • Substantiating charitable gifts: Do you know the rules?

    March / April 2019
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: Recently, the IRS issued charitable contribution substantiation regulations. To avoid costly mistakes, it’s important for philanthropic individuals to familiarize themselves with the rules. This article covers the types of records required to substantiate both cash and noncash gifts and talks about the importance of engaging a qualified appraiser (when an appraisal is necessary). A sidebar explains what charitable donors should do when they don’t receive a receipt.

    Read More

  • Maintaining family harmony – Balance beneficiaries’ needs with a total return unitrust

    February / March 2017
    Newsletter: Insight on Estate Planning

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: A traditional trust can sometimes create a conflict among the lifetime and remainder beneficiaries. This makes it more difficult for an estate plan to achieve its objectives and places the trustee in a difficult position. The article explains how a total return unitrust can act as a solution.

    Read More

  • Boldly, into the future – Developing leaders in the construction industry

    November / December 2016
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: Every construction company needs strong leadership to prosper and grow. But it’s easy to lose sight of this necessity as a business struggles to win bids and complete projects. This article discusses ways to promote strong leadership on the part of both the business owner and key employees. A sidebar looks at industry organizations that offer leadership training.

    Read More

  • How the new changes to lease accounting could affect you

    August / September 2016
    Newsletter: Nonprofit Agendas

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: The FASB in February 2016 issued an update to the proper treatment of leases in financial statements under U.S. GAAP. The new guidance, ASU No. 2016-02, Leases (Topic 842), will affect all organizations that lease assets such as real estate, vehicles and equipment. This article explains the most significant accounting changes. A sidebar highlights steps that nonprofits can take now to prepare for the new standards.

    Read More

  • The ins and outs of valuing a business

    February / March 2016
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: Determining the value of a business isn’t an easy task. After all, one has likely given their heart, soul and energy to build it, so objectively assessing its worth can be quite difficult. Yet an inaccurate valuation can blow the deal when one is trying to attract buyers. This article explores a variety of valuation methods, while a sidebar offers five ways to boost a business’s value.

    Read More

  • Be in the know when it comes to travel expenses

    October / November 2015
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: When employees travel for work, they expect to be reimbursed for costs they incur. Developing a travel policy that dovetails with IRS regulations and is understood by workers can help prevent misunderstandings. This article examines accountable and nonaccountable reimbursement plans, travel policy guidelines and per diem reimbursements. A sidebar discusses updated criteria regarding the deductibility of local lodging.

    Read More

  • Is your dealership vulnerable to cybercrime?

    September / October 2015
    Newsletter: Dealer Insights

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: Dealerships aren’t immune to the ever-growing risk of cybercrime. In fact, dealers are often prime targets. This article discusses patterns among cybercriminals, dealership vulnerability and steps a dealer can take to prevent a cyberattack. A sidebar discusses compliance concerns.

    Read More

  • Factoring taxes into divorce settlements

    March / April 2015
    Newsletter: Viewpoint on Value

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: How assets are split up in a divorce can have significant tax consequences, especially when the marital estate includes a private business interest. Valuation is just part of the picture. Equitable distributions require the parties to premeditate tax issues, too. This article lists common marital assets allocated in divorce settlement agreements. It also discusses how taxes affect asset value and explains how corporate redemptions are taxed. A sidebar looks at real estate and other investments that may create taxable gains when they’re sold.

    Read More

  • Affordable Care Act – IRS issues updated guidance on Community Health Needs Assessments

    Winter 2014
    Newsletter: Healthcare Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: The IRS recently released proposed regulations that provide updated guidance to charitable hospitals on the Community Health Needs Assessment (CHNA) requirements under the Affordable Care Act, the consequences of noncompliance, and reporting requirements. As this article explains, the regulations loosen the CHNA-related penalties and grant some waivers for minor infractions. Key provisions are discussed, along with changes from previous IRS guidance. A sidebar notes that the proposed regulations allow hospitals, in some circumstances, to collaborate on both the reports themselves and the implementation strategies.

    Read More

  • Is the FLP safe? Valuation discounts could be on the chopping block

    Spring 2013
    Newsletter: Expert / Valuation & Litigation Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: Family limited partnerships (FLPs), among the more popular estate planning tools, could be on the chopping block as Congress looks for ways to cover the budget deficit. Already, there’s talk of eliminating FLP valuation discounts. This article looks at the effectiveness of these discounts on an FLP’s limited partner interests and explains how to strengthen an FLP against IRS scrutiny. A sidebar discusses one case which upheld an FLP even though formalities hadn’t been concluded before the donor’s death. Estate of Keller, No. 10-41311, Sept. 25, 2012 (5th Cir.)

    Read More

  • 1 + 1 = 2 – How calculation engagements can provide an indication of value

    September / October 2011
    Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: Preparing a formal valuation for a client requires much work on the part of the appraiser. It can, therefore, be costly. But in many situations, a full-blown valuation isn’t necessary. That’s when an appraiser might suggest using a calculation of value instead. This article provides an overview of the difference between valuations and calculations and when it’s most advantageous to use a calculation of value.

    Read More

  • Driving down the 199 – Manufacturers’ deduction could lead to a tax-saving destination

    Fall 2010
    Newsletter: Management & Tax Concepts

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: Businesses that are involved in “qualified production activities” and looking for a smart route to potentially lowering their 2010 tax bill may want to look into the Section 199 deduction — popularly known as “the manufacturers’ deduction.” It’s available to more than just manufacturers, and this article looks at what it has to offer and the steps that qualifying businesses must take to claim it. A sidebar discusses whether, in light of scheduled tax rate increases, it’s a good idea to defer income.

    Read More

  • Property swap – Defer capital gains taxes with a like-kind exchange

    March / April 2009
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: If a person is planning to sell highly appreciated business or investment property, he or she is likely bracing to pay taxes on the capital gain. A like-kind exchange may allow a person to trade the property for another one that better suits his or her needs and defer payment of capital gains taxes that might otherwise be due on the sale of the assets. This article defines a like-kind exchange.

    Read More

  • Don’t let fraud derail your deal

    February / March 2008
    Newsletter: Merger & Acquisition Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 842

    Abstract: A thorough investigation performed by forensic accounting and other financial experts during the due diligence stage of an M&A deal can help uncover financial statement and other forms of fraud. Before they waste valuable time and resources negotiating a deal, buyers should perform background checks on the selling company’s owners and executives, search for financial manipulation and ensure the business has adequate fraud policies and internal controls in place.

    Read More