2020
Showing 33–48 of 589 results
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Does a qualified charitable distribution make sense this year?
Year End 2020
Newsletter: Insight on Estate Planning
Price: $225.00, Subscriber Price: $157.50
Word count: 925
Abstract: A unique provision in the tax code allows certain transfers, made directly from a traditional IRA to a qualified charitable organization, to avoid taxation. Although this benefit of a qualified charitable distribution (QCD) has been negated for 2020, there are still several viable reasons for making a QCD this year. This article explains how the current tax laws in 2020 affect QCDs. A sidebar details how QCDs work.
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Qualified opportunity zone deadline extended
Fall 2020
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 410
Abstract: The federal government created qualified opportunity zones (QOZs) in 2017 under the Tax Cuts and Jobs Act “to spur economic development and job creation in distressed communities,” according to the IRS. This article reviews the thinking behind QOZs and notifies readers of an important deadline extension.
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Boost cash flow with savvy accounts payable strategies
Fall 2020
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 541
Abstract: Managing accounts payable is a critical task for any business, but it’s particularly important for construction companies. As a back-office function, however, payables don’t always get the attention they deserve. This article provides tips and best practices for improving the process, including being strategic and leveraging technology.
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Accurate job schedules add value to financial reporting
Fall 2020
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 677
Abstract: When many contractors read the term “financial reporting,” they may naturally think of their financial statements. However, another important aspect of financial reporting is the regular and consistent handling of job schedules. This article describes three types of job schedules and explains why it’s so important to keep these schedules accurate and up to date.
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Asking for forgiveness? Contractors should handle PPP loans with care
Fall 2020
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 922
Abstract: Many construction companies have taken advantage of the Paycheck Protection Program (PPP). Loan recipients may qualify for debt forgiveness if they meet certain requirements and submit a timely application with their lenders. This article explains some of the factors in qualifying for forgiveness and discusses recent federal guidance. A sidebar looks at the tax considerations of loan forgiveness.
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Tapping retirement savings — but only as a last resort
November / December 2020
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 412
Abstract: One of the CARES Act provisions allows eligible individuals to withdraw up to $100,000 from IRAs and 401(k)s without triggering the 10% early withdrawal penalty. This short article provides details and warns about potential pitfalls.
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Are business loans between family members a good idea?
November / December 2020
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 571
Abstract: In this challenging environment, business owners may be eyeing family members as a source of capital. But if family loans aren’t structured properly, owners could invite IRS scrutiny and harm the company’s ability to access capital in the future. This article weighs the pros and cons of family loans.
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Wealth transfer strategies – Strike while interest rates are low
November / December 2020
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 893
Abstract: Today’s low interest rates create attractive opportunities to transfer wealth to younger generations in a tax-advantaged way. This article describes several general transfer strategies using trusts such as GRATS and CLATs, as well as interfamily loans. A sidebar explains why business owners might want to consider selling to an intentionally defective grantor trust.
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Year-end tax planning for challenging times
November / December 2020
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 587
Abstract: Time is running out for those seeking to reduce 2020 taxes. This article suggests converting a traditional IRA to a Roth IRA, skipping required minimum distributions (if possible) and selling real estate in installments. It also explains how to harvest capital losses and gains.
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Playing the long game: 4 lessons from past crises
Fall 2020
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 395
Abstract: COVID-19 is a novel coronavirus, but economic downturns are nothing new. As the world continues to adapt to the pandemic’s repercussions, law firms can turn to past economic crises for some lessons about what they might expect and how they might capitalize. This article highlights four areas law firms should consider when making decisions about long-term sustainability.
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AI takes hold in law firms
Fall 2020
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 567
Abstract: Artificial intelligence (AI) — which is defined as computers that perform tasks that typically require human intelligence — climbed out of the pages of science fiction and into the real world some time ago. But the legal industry has only recently begun to embrace its possibilities. While AI already is making an impact in so-called Big Law, it also can help attorneys and administrators at smaller firms. Moreover, as firms increasingly commoditize legal services, clients expect firms to use every tool they can to expedite work and cut costs. This article examines how law firms can use AI to their advantage.
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How to move your firm ahead profitably
Fall 2020
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 738
Abstract: 2020 has been a year to remember — and it’s not over yet. In this uncertain year, law firm management has had to wrestle with the profitability of their firms. While law firms can’t control the economics resulting from COVID-19 and events such as the presidential election, this article highlights a few ways they can take control of profitability.
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See you at the office? COVID-19 prompts a new look at office needs
Fall 2020
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 812
Abstract: Office space expenses usually are the second highest expense for law firms, behind personnel. It’s not surprising, then, that the COVID-19 pandemic and resulting economic uncertainty have prompted some firms to take a closer look at their needs for space. This article reviews why firms may be thinking about whether they should relocate, reduce and/or redesign. A short sidebar discusses the nonfinancial ramifications of changing office spaces.
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Take advantage of the lease return surge
November / December 2020
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 329
Abstract: During the first wave of the COVID-19 pandemic, many motorists who were leasing vehicles got their lease terms extended. Now, as those extensions expire, millions of vehicles are coming off lease. Dealerships can take advantage of this situation by being proactive in renewing lease customers or converting them to buyers — this article offers strategies for accomplishing just that.
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On the road to recovery: 5 ways to boost revenue
November / December 2020
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 616
Abstract: Dealerships that have suffered declining auto sales during the COVID-19 pandemic might be looking for ways to recover revenue and generate cash flow. This articles offers five suggestions for recouping lost sales.
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Strategic planning – “For tomorrow belongs to those who prepare for it”
November / December 2020
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 679
Abstract: Strategic planning is key to an auto dealership’s long-term viability. This article spotlights a few areas for dealer-owners to focus on as they create a plan that factors in the uncertainty of the COVID-19 crisis.