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  • Tax planning – What contractors should know about bonus depreciation

    Spring 2018
    Newsletter: On-Site

    Price: $225.00, Subscriber Price: $157.50

    Word count: 963

    Abstract: As projects heat up, construction company owners often find they must buy additional equipment or other assets to remain competitive. In light of the recent tax law changes, it’s critical to “think taxes” when making these purchases. This article takes a deep dive into the important changes to the bonus depreciation tax break. A sidebar looks at a related break: Section 179 expensing.

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  • The administrative exemption: When is an employee owed overtime?

    September / October 2016
    Newsletter: Employment Law Briefing

    Price: $225.00, Subscriber Price: $157.50

    Word count: 963

    Abstract: This article covers a Sixth Circuit case where the court decided whether loan underwriters were — as their former employer argued — exempt from overtime under the administrative exemption of the Fair Labor Standards Act. The court considered whether the employees met the three elements of working in a bona fide administrative capacity. A sidebar describes a similar case where the Fourth Circuit reached a different decision. Lutz v. Huntington Bancshares, Inc., No. 14-3727, March 2, 2016 (6th Cir.) Calderon v. GEICO General Insurance Company, No. 14-2111, Dec. 23, 2015 (4th Cir.)

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  • Estate planning in divorce: Don’t put it off

    November / December 2013
    Newsletter: Estate Planner

    Price: $225.00, Subscriber Price: $157.50

    Word count: 963

    Abstract: Going through a divorce can be a traumatic experience — not to mention a time-consuming and expensive one. So it’s no surprise that separating couples often overlook the impact of divorce on their estate plans. But neglecting to update a plan can lead to unintended consequences. This article explains what to do to be sure that the estate is distributed among intended beneficiaries and that powers of attorney also reflect current wishes. A sidebar discusses estate planning strategies for singles.

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  • Handling mixed accounting methods before “little GAAP”

    June / July 2012
    Newsletter: Commercial Lending Report

    Price: $225.00, Subscriber Price: $157.50

    Word count: 963

    Abstract: Lenders must deal with a mishmash of accounting standards when reviewing borrowers’ financial statements. Some companies follow Generally Accepted Accounting Principles (GAAP), and some use tax or cash basis methods. Others adopt International Financial Reporting Standards for small and medium entities, or they use other comprehensive bases of accounting. This inconsistency creates due diligence headaches. This article discusses the pace of progress toward establishing a simpler form of GAAP — “little GAAP” — for smaller companies, while a sidebar lists specific areas where GAAP is problematic.

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