2019
Showing 97–112 of 598 results
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Help your borrowers avoid bad debt write-offs
October / November 2019
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 627
Abstract: Lenders can help borrowers avoid bad debt write-offs and strengthen their own loan portfolios by offering tips on how to improve the effectiveness of billing processes. This article suggests several ways businesses can improve payment schedules, including making reminder calls and conducting due diligence on customers. The article notes that providing useful advice to borrowers can enhance lending relationships.
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5 strategies to help resolve business partner issues
October / November 2019
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 751
Abstract: When owners get into a major disagreement, it can put lenders in a delicate situation. This article suggests five steps for responding to partner (or shareholder) disputes that will help protect a community bank’s interest. These steps include scheduling a meeting with the partners and engaging a neutral third party, such as a business coach, to help. A sidebar provides questions for evaluating problems between disputing owners.
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Bank Wire – FASB proposal delays CECL, lease accounting changes
Fall 2019
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 414
Abstract: This summary of recent developments in banking discusses a recent FASB proposal that provides breathing room for community banks struggling to implement the current expected credit losses (CECL) model and the new lease accounting standard. It also looks at a recent report issued by the Federal Reserve suggesting how to reform the Community Reinvestment Act by expanding assessment areas and updating asset thresholds, among other things. Finally, it discusses a new OCC Bulletin encouraging banks to refer to the OCC’s core lending principles in connection with their community revitalization efforts.
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Know the risks of the secondary market mortgage business
Fall 2019
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 563
Abstract: In the past few years, community banks have been turning more frequently to the strategy of selling the mortgage loans they’ve originated to the secondary market. This article points out that banks that don’t have a good grasp of the risks and rewards of this approach may end up losing out. It notes that, when entering into loan sale agreements, it’s important for community banks to pay close attention to the details — including all representations and warranties — to ensure the outcome is positive.
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Are you prepared? 5 common cyber threats to the banking industry
Fall 2019
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 676
Abstract: Cybersecurity is one of the most critical issues businesses face today — and banking is among the industries most affected by these attacks. This article looks at some of the most common cyber threats and explains how banks can conduct risk assessments to identify and quantify their institutions’ specific vulnerabilities and develop plans to address these threats and mitigate the risk.
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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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News for Nonprofits – Congress mandates electronic filing
October / November 2019
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 439
Abstract: This issue’s “News for Nonprofits” reports on a new law that requires nonprofits to file their annual tax returns and unrelated business income tax returns electronically. It also highlights how rural areas are often overlooked as potential Opportunity Zones, how the nation’s Public Service Loan Forgiveness Program doesn’t seem to be living up to its name, and how a new smartphone app is “Uber-izing” food donations.
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Sharpening your organization’s accounting function
October / November 2019
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 588
Abstract: Nonprofits may be exempt from income tax, but financial and accounting responsibilities still abound: There are budgets to project and results to monitor. There are financial statements to prepare and payroll taxes to collect. And these are only some of the responsibilities that fall under the accounting umbrella. This article questions whether these tasks, and others, are being handled efficiently at nonprofits and offers solutions to improve the accounting function.
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Employee or independent contractor? Consider these factors
October / November 2019
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 634
Abstract: For-profit companies aren’t the only organizations that struggle with whether their workers should be treated as employees or independent contractors. Nonprofits also can harbor uncertainties about whether workers are employees for whom they must withhold and pay Social Security, Medicare and unemployment taxes. This article explains key considerations regarding the independent contractor vs. employee question. And it discusses how the IRS and the courts evaluate three basic factors that establish the employer’s degree of control over a worker.
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Compliance counts – IRS issues guidance for excise tax on executive compensation
October / November 2019
Newsletter: Nonprofit Agendas
Price: $225.00, Subscriber Price: $157.50
Word count: 847
Abstract: The passage of the TCJA in late 2017 brought several unwelcome developments for nonprofits, including a new excise tax on certain executive compensation. To answer the many questions about the tax, the IRS has issued interim guidance that is largely unfavorable for organizations with highly paid executives or so-called “excess parachute payments.” This article walks the readers through the guidance in Notice 2019-09 in regard to making decisions about executive compensation, severance payments and settlements. A sidebar discusses who may be considered a “covered employee” for these purposes.
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Newsbits – Study uncovers endowments, foundations’ biggest 2019 fears
Fall 2019
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 438
Abstract: This issue’s “Newsbits” reports on the biggest fears of endowments and foundations, according to a recent survey; the stated priorities of women’s foundations; a surge in IRA giving; and a boost in security funding at certain California “soft targets.”
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The new accounting rules for nonprofit revenues
Fall 2019
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 568
Abstract: The FASB’s ASU No. 2014-09, Revenue from Contracts with Customers, raised concerns about which nonprofit transactions were covered by the new rules. Its 2018 follow-up, ASU No. 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made, supplied some answers. But some organizations still have questions about how the new standards apply to their revenues. This article addresses some of the fine points about exchange transactions and contributions.
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Holding an auction? Be sure to comply
Fall 2019
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 711
Abstract: There are several steps a nonprofit must take to fulfill its tax obligations and help auction buyers fulfill theirs. This article covers a spectrum of compliance issues and information to share with auction buyers.
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Make the most of your finance committee
Fall 2019
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 810
Abstract: When a nonprofit has a vital and engaged finance committee, it sends a strong signal to stakeholders — namely, that the organization is committed to responsible stewardship of its financial resources and long-term sustainability. This article discusses best practices for setting up a committee, committee roles and responsibilities, and shared responsibilities with staff. A sidebar discusses the duties of a treasurer.
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Business tax planning – Can you deduct 2020 bonuses this year?
Fall 2019
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 426
Abstract: Businesses may be familiar with the rule that permits them to deduct employee bonuses this year if they pay employees within 2½ months after the end of the tax year. It’s an attractive year-end planning technique that lets a business enjoy a tax deduction this year, while its employees needn’t report the income until next year. It’s important to understand the requirements, however, because these tax benefits aren’t always available. This article provides a quick review.
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A valuation may be what your business requires
Fall 2019
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 537
Abstract: With the economy currently healthy, but its future uncertain, many U.S. companies face challenges. Chief among these is financing — which isn’t easy to secure, because lenders imposed tough standards after the last recession and fear another hit. A business valuation conducted by an outside expert can help a dealership present lenders with timely, in-depth financial data. A valuation also will turn up important company-specific information, including an awareness of market conditions and specific risks the dealership faces.