2021
Showing 33–48 of 551 results
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Newsbytes – States move to block donor disclosure requirements
Fall 2021
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 440
Abstract: This issue’s “Newsbytes” spotlights a recent U.S. Supreme Court case striking down a California law requiring nonprofits to file a list of their large donors with the state and other states’ attempts to limit donor disclosure requirements. It reviews Amazon’s 2021 AWS Imagine Grant program to help nonprofits access its tools and explains how Charity Navigator’s website allows visitors to locate volunteer opportunities in their communities.
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Board designations – 3 questions to consider
Fall 2021
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 540
Abstract: The COVID-19 pandemic and ensuing economic crisis have provided harsh reminders of how precarious a nonprofit’s financial stability can be. Uncertainty about the future is prompting some organizations to consider the wisdom of making board designations of unrestricted assets. This article highlights a few questions organizations might want to consider including whether the assets are unrestricted, financial reporting implications and managing board-designated assets.
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Watching costs is always a smart investment
Fall 2021
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 618
Abstract: Both for-profit businesses and nonprofit organizations are looking for ways to conserve costs in the aftermath of the COVID-19 pandemic and resulting nationwide economic crisis. Nonprofits looking for a path forward out of the pandemic economy have had to strategically cut costs to contain expenses. This article provides some suggestions to help guide nonprofits in the quest to reduce costs.
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Tainted donor, tainted money? How to handle controversial contributions
Fall 2021
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 863
Abstract: In 2019, as waves of lawsuits accused Purdue Pharma of knowingly contributing to the opioid crisis, numerous nonprofits announced they would no longer accept gifts from the Sackler family, several members of which owned the company. Situations like this put nonprofits in a tough position. They may desperately need funds, but accepting such gifts may result in negative attention. This article examines what nonprofits should do if a donation turns out to be “tainted.” A brief sidebar discusses due diligence on those offering substantial donations.
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Pros and cons of nonqualified deferred compensation plans
October / November 2021
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 432
Abstract: A 401(k) plan is a common fringe benefit for rank-and-file employees. However, an employer might want to supplement a 401(k) with other retirement benefits for specific prized employees. This article points out that in such cases, a nonqualified deferred compensation (NQDC) plan may be a viable option.
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Should you create a living trust?
October / November 2021
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 611
Abstract: A living trust is a legal entity into which the grantor, settlor or trustor (in trust parlance) can place assets to be managed during the grantor’s lifetime and after he or she passes away. This article looks at the benefits and drawbacks of living trusts and notes that appropriately preparing and maintaining one requires a strong knowledge of the rules, as well as a keen understanding of the specific grantor’s financial situation.
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Keep your company financially fit – Revisit billing and collections for stronger cash flow
October / November 2021
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 654
Abstract: The COVID-19 pandemic and its ensuing economic effects have created a difficult environment for many businesses. Companies are seeking innovative ways to stabilize their revenue and improve their financial health. One fundamental aspect of doing business they might overlook is billing and collections. This article suggests that it’s a good idea for businesses to occasionally revisit billing and collections processes to ensure they’re as efficient and effective as possible.
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6 tax-planning ideas for the end of the year
October / November 2021
Newsletter: Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 870
Abstract: As usual, year-end tax planning is complicated by uncertainty as Congress debates new tax-related legislation. In the face of this uncertainty, this article offers some year-end tax-planning strategies for business owners to consider, including harvesting capital gains or losses and stepping up charitable giving. A sidebar discusses the importance of clarifying the difference between repairs and improvements for tax purposes.
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Financial performance – How top “pandemic performer” law firms thrived
Fall 2021
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 434
Abstract: A recent report from the Thomson Reuters Institute examines the factors that have contributed to the high performance of law firms that fared best financially during the COVID-19 pandemic. This brief article summarizes why understanding these factors can help other firms better position themselves for future disruptions.
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Document review goes remote
Fall 2021
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 550
Abstract: Every attorney knows that document review is a critical component of discovery. Most clients know this, too, but they might not know that a large portion of document review during the pandemic was done remotely. Remote document review may join the ranks of pandemic-induced changes to the legal industry that are hard to put back in the bottle. This article reviews how attorneys can help guide clients through the transition.
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Are you using paralegals effectively?
Fall 2021
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 573
Abstract: Sometimes, attorneys do work that’s better left to paralegals. This can undermine the firm’s profitability and create a ripple effect of staff members performing tasks for which they’re overqualified. This article highlights some ways to minimize such problems.
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3 challenges to tackle for a successful hybrid work environment
Fall 2021
Newsletter: Law Firm Management
Price: $225.00, Subscriber Price: $157.50
Word count: 815
Abstract: The onset of the COVID-19 pandemic in the spring of 2020 forced many law firms to have lawyers and staff work remotely. Some firm leaders had previously been adamantly opposed to this setup. But many ultimately learned how effective this switch in modes can be. This article highlights the pros and cons firms should weigh before making a so-called “hybrid” work environment part of their firm’s new normal.
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Tax Tips – IRS guidance on the 100% business meal deduction
November / December 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 425
Abstract: These brief tips detail recent IRS guidance regarding 100% business meal deductions and explain how a “mega backdoor” Roth IRA works.
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Selling your home? Be sure you understand the home sale exemption
November / December 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 606
Abstract: Sky-high demand for homes, driven in large part by rock-bottom interest rates, has created a seller’s market. Those thinking about selling their homes will want to determine whether they qualify for the home sale exemption. This article details the exemption’s requirements.
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How tax-affecting can benefit estates with pass-through entities
November / December 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 662
Abstract: For those with larger estates, asset valuation should be an important aspect of their estate plans. This is especially true if a closely held business is part of the estate. The valuation of the business for gift and estate tax purposes is critical to determining how much of the estate goes to one’s family and how much goes to the government. This article defines the term “tax-affecting” and describes how a tax-affecting strategy can reduce a pass-through entity’s value.
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Independent contractor vs. employee – Is your business classifying workers properly?
November / December 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 898
Abstract: The “gig economy” has affected nearly every industry and profession. From a business’s perspective, there are tax and other advantages of classifying workers as independent contractors rather than employees. But it’s important to remember that workers aren’t independent contractors simply because a company says they are. This article examines how a worker’s status is determined and explains the tax advantages of both classifications. A sidebar discusses the need for companies to consider all applicable standards, both federal and state, as part of the classification process.