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  • Getting 20-somethings to jump-start their retirement savings

    March / April 2013
    Newsletter: Planning for Prosperity / Wealth Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 991

    Abstract: While it may be difficult to get young people to focus on a retirement that may be 40 years or more away, those who get an early start on saving will be much better prepared to handle future financial challenges. This article illustrates the importance of teaching kids the importance of 401(k) plans and the power of compounding over a period of decades. A sidebar examines whether it’s better to save first or pay down student loans first.

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  • The IRS is watching — How contractors can cope with employee misclassification

    September / October 2012
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 991

    Abstract: Contractors who misclassify a bona fide employee as an independent contractor could suffer a number of costly fates. However, if they do inadvertently fall afoul of the rules, there is now a way to potentially mitigate the damage. This article lists the three primary categories of criteria the IRS looks at when determining whether a worker is properly classified, and how contractors who accidentally violate the rules can seek to lessen penalties through the IRS’s Voluntary Classification Settlement Program. A sidebar offers four ways to avoid misclassifying workers.

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  • What’s the true cost of your labor? — Think it through before adding or subtracting

    July / August 2012
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 991

    Abstract: Before either adding or subtracting employees, it’s important for construction companies to determine the true cost of each worker. Contractors need to look at expenses beyond just salary. And they need to bear in mind that there are costs in terminating employees as well as alternatives to hiring — such as engaging independent contractors instead of taking on more staff (though it’s important to abide by IRS rules). A sidebar lists the variety of payroll taxes an employer must keep track of.

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  • A question of relevance – Calculating lost prospective profits

    January / February 2008
    Newsletter: Advocate's Edge / Litigation Support

    Price: $225.00, Subscriber Price: $157.50

    Word count: 991

    Abstract: Establishing lost profits for businesses that were never actually operational can prove difficult. In Parlour Enterprises Inc. v. The Kirin Group, a California appellate court weighed in on the key factors to consider when calculating prospective profits in such cases. As this article explains, the court’s decision emphasizes the need to hire qualified valuators who can build a case with reasonable certainty by using, for example, expert testimony, financial data and market surveys.

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