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Showing 1–16 of 17 results
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How to benefit from the home sale gain exclusion
August / September 2022
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: Home prices are at record highs in some parts of the country and many people are looking to make career or lifestyle changes. This article explains that those considering downsizing or moving to another location could be in line for large tax breaks when they sell their homes. It points out that some taxpayers in these circumstances may be able to pocket up to a half million dollars in gain from the sale of their principal residences without owing any federal income tax. A sidebar explains how improvements to a home may affect the equation.
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Time to revisit your AML program
Summer 2021
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: The COVID-19 pandemic has impacted anti-money laundering (AML) compliance in many ways. It has increased risks, changed the behavior of bank customers, and accelerated implementation of online account opening and other technologies. This article suggests that in light of these changes, all banks should evaluate their AML programs, starting with a risk assessment. A sidebar looks at the Biden administration’s increased prioritization of compliance with the Anti-Money Laundering Act of 2020.
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Making the transition to FDICIA reporting: Get an early start
Fall 2019
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: The Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) was designed to strengthen the FDIC and improve the safety and soundness of financial institutions, imposing stricter auditing, reporting and governance obligations on institutions as their assets cross the $500 million and $1 billion marks. This article explains that, as a bank grows, it’s important to anticipate when it will reach these thresholds and begin to prepare well in advance. A sidebar discusses the auditor independence requirements for FDICIA-covered banks.
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Protect your will from legal challenges
August / September 2019
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: To avoid family disputes over a will after one’s death, it’s worth taking the time now to institute steps to protect the will from legal challenges. This article details four specific steps for bulletproofing a will. A sidebar explains the benefits and pitfalls of video recording the signing of a will.
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To have and to withhold – Avoiding surprises on your 2019 tax return
June / July 2019
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: When the TCJA took effect at the beginning of 2018, the IRS updated the withholding tables employers use to determine how much money to withhold from employees’ paychecks. The new tables caused employers to withhold substantially less than they had in the past, which increased paycheck amounts. But this past tax filing season, many people were surprised to receive smaller refunds than they expected. This article advises that, if it’s necessary for employees to increase their withholding, it’s not a good idea for them to wait until the end of the year; it’s better to spread the additional withholding over as many paychecks as possible, so each paycheck bite will be smaller. A sidebar explains that there are better ways to save than to wait for a large annual refund.
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What’s the fairest method of apportionment? Court rules on damages from breached lawnmower improvement
November / December 2018
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: When patents covering multicomponent inventions are infringed, a key question is: How should damages be “apportioned” to adequately compensate the patentee for only losses due to infringement of a product improvement? This article summarizes a recent case where the U.S. Court of Appeals for the Federal Circuit specifically addressed whether apportionment should be based on the royalty base or the royalty rate. A sidebar explains how the Federal Rules of Evidence (FRE) have recently been updated to streamline the admissibility of digital evidence. Exmark Manufacturing Company Inc. v. Briggs & Stratton Power Products Group, LLC, No. 2016-2197, 879 F.3d 1332, January 12, 2018
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How to factor taxes into the business valuation equation
September / October 2017
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: Taxes certainly affect the value of a business interest. This article explains how investors (and, therefore, business valuation experts) consider taxes — such as expected federal and state income tax rates, deferred tax assets and liabilities, and built-in capital gains taxes — when deciding how much a business interest is worth. A sidebar addresses congressional tax reform plans and how the possibility introduces an element of uncertainty for business interests valued as of December 31, 2016.
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Implementing CECL: Federal regulators offer guidance
Summer 2017
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: The Current Expected Credit Loss (CECL) model was finalized in June 2016 and will take effect beginning in 2020. Nonpublic business entities (non-PBEs), including most community banks, must implement the new model for fiscal years beginning after December 15, 2020, and for interim periods in fiscal years beginning after December 15, 2021. This article explains the steps banks should take to plan and prepare for the transition to, and implementation of, the new standard, according to federal regulators. A sidebar discusses whether banks should consider stress testing their capital.
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What’s the best option for a pension plan payout?
April / May 2017
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: Typically, estate planning and retirement planning go hand in hand. Why? The more wealth a person is able to set aside for retirement — and the better job he or she does managing retirement funds — the more that will be left to provide for his or her beneficiaries after death. This article explains why a key decision to make is choosing the best option for receiving payouts from a pension plan.
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Year end tax planning for construction companies
Fall 2015
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: As year end approaches, construction company owners should work with their tax advisor to review options for reducing their 2015 tax bills. This article provides some tips on how to reduce those bills, as well as how to project income and expenses going forward into 2016. The article also provides a handy sidebar explaining even more year end tax savings.
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M&A deal skyrocket: Ways to operate sale-ready
November / December 2014
Newsletter: Viewpoint on Value
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: There’s been a surge of mergers and acquisitions in 2014 — and the outlook remains strong into 2015. This article discusses some recent M&A trends, hot sectors and ways for businesses to operate sale-ready to fetch top dollar in the marketplace. A sidebar suggests strategic acquisitions as a way for businesses to grow and overcome weaknesses more quickly than building in-house capabilities.
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401(k) plan management vs. fiduciary duties
August / September 2014
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: Fees charged by recordkeepers and asset managers for 401(k) plan services paid from plan assets have come under greater scrutiny in recent years. The Department of Labor (DOL) has released fee disclosure regulations and courts — from district courts all the way to the U.S. Supreme Court — have reviewed high-profile litigation over the issue. This article highlights a recent court case on the topic.
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Beware of the office romance – Messy breakup prompts sexual harassment case
July / August 2013
Newsletter: Employment Law Briefing
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: Employers — and employees — are often warned about the dangers of office romances. This article examines one court case that illustrates why. The female plaintiff lodged an administrative sexual harassment complaint against her male supervisor, who refuted her accusations. But her case was complicated by her previous sexual relationship with him. After her complaint was dismissed by her employer, she filed a complaint with the Equal Employment Opportunity Commission, which issued her a right to sue notice. Gerald v. University of Puerto Rico, No. 11-2143, Jan. 28, 2013 (1st Cir.)
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Steering clear of staffing emergencies
February / March 2009
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: Your organization is increasingly faced with a shrinking budget while you strive to provide the best in program services. So, how do you address those opposing forces? If you’re like most nonprofits, you run lean on staffing. Besides crunching numbers, your bookkeeper also might answer the phones and work program events, for example. But what would happen if he suddenly resigned or took a leave of absence?
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Is it time to gift?
Winter 2009
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: The holidays are over, but you may want to consider one last gift for your family members: an equity position in your dealership. Now may be the optimal time to transfer shares because you can take advantage of low market values and decreased marketability.
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Peace of mind at a difficult time – “Deathbed” estate planning strategies
Fall 2008
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 879
Abstract: Facing the reality that a loved one is dying is difficult for all concerned. But when the loved one’s legal and financial matters haven’t been taken care of, family members also face the challenge of quickly making critical financial decisions. This article provides “deathbed” estate planning strategies that can be implemented right away, such as making sure the loved one has executed a will and durable power of attorney for property, and working with an advisor to ensure the loved one’s estate tax liability is as low as possible. A sidebar tackles the issue of “no-contest” clauses in wills.