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Showing 1–16 of 19 results

  • R.D. Clark & Sons – Tax-affecting debate continues

    July / August 2020
    Newsletter: Viewpoint on Value

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: For decades, business valuation experts and the IRS have been at odds regarding the practice of “tax affecting” the earnings of pass-through entities. This article summarizes a recent Connecticut appellate court decision on this issue, which highlights both sides of the debate — and the importance of considering the facts of the specific case. A sidebar discusses an apparent softening of the U.S. Tax Court’s stance on this matter. R.D. Clark & Sons, 194 Conn. App. 690 (2019) Estate of Jones, TC Memo 2019-101, August 19, 2019 Gross v. Commissioner, T.C. Memo. 1999-254, aff’d. 272 F. 3d 333 (6th Cir. 2001), cert. denied, 537 U.S. 827 (2002)

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  • R.D. Clark & Sons – Tax-affecting debate continues

    July / August 2020
    Newsletter: Valuation & Litigation Briefing / Litigation & Valuation Report

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: For decades, business valuation experts and the IRS have been at odds regarding the practice of “tax affecting” the earnings of pass-through entities. This article summarizes a recent Connecticut appellate court decision on this issue, which highlights both sides of the debate — and the importance of considering the facts of the specific case. A sidebar discusses an apparent softening of the U.S. Tax Court’s stance on this matter. R.D. Clark & Sons, 194 Conn. App. 690 (2019) Estate of Jones, TC Memo 2019-101, August 19, 2019 Gross v. Commissioner, T.C. Memo. 1999-254, aff’d. 272 F. 3d 333 (6th Cir. 2001), cert. denied, 537 U.S. 827 (2002)

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  • Kiddie tax: New hazards, new opportunities

    July / August 2018
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: Under the new tax law, children with unearned income may find themselves in a higher tax bracket than their parents. At the same time, the law creates new opportunities for family income shifting. This article outlines one strategy for higher-income families. A sidebar explains that, starting in 2018, 529 plan funds can be used to pay elementary and secondary school as well as college expenses.

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  • Insurance: Do you have adequate coverage?

    July / August 2018
    Newsletter: Dealer Insights

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: Auto dealerships are legally required to carry certain types of insurance to operate in most states. This article can help a dealership sort through the three main types of insurance for them: garage liability, physical damage and workers’ compensation. A sidebar on the co-insurance penalty provides some insight into that punitive measure.

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  • Insurance: Do you have adequate coverage?

    Summer 2018
    Newsletter: Auto Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: Auto dealerships are legally required to carry certain types of insurance to operate in most states. This article can help a dealership sort through the three main types of insurance for them: garage liability, physical damage and workers’ compensation. A sidebar on the co-insurance penalty provides some insight into that punitive measure.

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  • REIT this way – New landscape for real estate investment trusts (REITs)

    March / April 2017
    Newsletter: Real Estate Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: The PATH Act was signed into law in late 2015, so most investors have had time to review how it will affect their portfolios. This article offers a summary of several provisions that provide tax benefits for REITs. A sidebar looks at PATH Act changes to FIRPTA that could make REITs more appealing to foreign investors.

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  • Determining your life insurance needs

    Year End 2015
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: When it comes to life insurance, it’s critical that the buyer know how it works and what it really accomplishes. This article offers tips on how to calculate the coverage and determine whether it requires term vs. permanent insurance. A sidebar offers tips on the tax impact of life insurance.

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  • Year end notices: Staying on top of the requirements

    October / November 2015
    Newsletter: Employee Benefits Update

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: As the turn of the calendar year nears, annual notices should be on the minds of most plan sponsors. For plans using the calendar year, numerous notices are due to be given in the next few months. This article highlights some of the notices that must be sent to either participants, the IRS or the DOL in the next three months.

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  • Why retirement plan committees are a best practice

    June / July 2015
    Newsletter: Employee Benefits Update

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: Having a retirement plan committee isn’t a legal requirement for plan sponsors. However, it’s considered a best practice. In the absence of a committee, by default the corporation itself becomes a fiduciary — an amorphous proposition. This article discusses when to consider forming a committee.

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  • Playing it safe – Are there holes in your online-banking security controls?

    Winter 2015
    Newsletter: Community Banking Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: While most banks have taken steps to secure their systems against hackers and other external threats, many remain vulnerable to one of the most common fraud techniques: compromising customers’ login credentials to obtain unauthorized access to their online accounts. This article notes that many traditional protections have lost effectiveness, but describes some extra precautions banks can take to protect themselves and their customers. In emphasizing the importance of this matter, a sidebar notes two recent studies that attempt to quantify the potential losses stemming from data breaches.

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  • How a trust qualified for an exception to PAL rules

    November / December 2014
    Newsletter: Real Estate Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: In a favorable decision for trusts that hold real estate assets, the U.S. Tax Court has held that such a trust qualified for the real estate professional exception and was therefore exempt from the limitations on passive activity losses (PALs). The court’s holding also means the trust can avoid the new 3.8% net investment income tax (NIIT) that applies to passive activity income. This article discusses how the Tax Court held that the activities of the trustee employees should be considered, noting that trustees aren’t relieved of their duties of loyalty to beneficiaries just because they conduct activities through a corporation wholly owned by the trust. A sidebar explains why two trustees’ minority interests didn’t undermine the trust’s material participation in the real estate operations.

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  • Prepare now for ACA play-or-pay compliance

    Spring 2014
    Newsletter: Profitable Solutions for Nonprofits

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: The Affordable Care Act’s (ACA’s) shared-responsibility provision, commonly referred to as “play or pay” — requiring that “large” employers offer their employees affordable health insurance or pay a penalty — has been delayed until 2015. But that means that now is the time for nonprofits to determine what it will mean for their bottom line. This article explains who qualifies as a large employer and how “affordable” is defined. A sidebar discusses how smaller nonprofits can qualify for the Small Business Health Care Tax Credit.

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  • Taking command of your internal controls

    Summer 2013
    Newsletter: Auto Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: Every dealership is at risk for theft and financial misstatement. These threats are especially high if a store lacks formal, regularly reviewed internal controls. This article offers some ways to take command of them. It discusses conventional safeguards, such as passwords, alarms and locks, and operational controls, such as checks and balances, segregation of duties and background checks. A sidebar offers five easy fraud prevention tips.

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  • Occupational fraud – To catch a thief

    March / April 2013
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: In its 2012 Report to the Nations on Occupational Fraud and Abuse, the Association of Certified Fraud Examiners (ACFE) estimates that the typical organization loses 5% of its revenues to occupational fraud every year. This is just one of many numbers that are alarming, as are some of the ACFE’s other findings — such as those related to fraud perpetrators. This article examines who commits fraud, what motivates them, and how to stop them. A sidebar lists several red flags to watch for.

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  • If you build it, they will come — How hospitals can build brand loyalty

    Fall 2012
    Newsletter: Healthcare Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: Brand loyalty isn’t just for cereals and electronic devices. It’s also an integral part of marketing health care services in a competitive marketplace. This article explains the strategic importance of branding. It involves a health care provider’s determining what it wants to say about itself and then determining target markets and the best ways to reach them. Branding efforts should be targeted internally, too, to create “brand ambassadors.” A sidebar lists some brand elements that hospitals have used to set themselves apart.

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  • Fact finding mission – Assessing customers’ creditworthiness

    June / July 2010
    Newsletter: Focus

    Price: $225.00, Subscriber Price: $157.50

    Word count: 843

    Abstract: Business bankruptcies are up, and many companies that escaped bankruptcy are struggling. But most businesses need to extend credit to attract and keep customers. The key is to take steps to limit the risk that they won’t be paid. A first step is to ask new customers to complete a credit application. Next up is contacting the potential customer’s trade and bank references, and to study third-party evaluations such as newspaper articles and reports from credit rating agencies. A sidebar to this article offers suggestions for collecting from slow-paying customers.

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