2021
Showing 129–144 of 551 results
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Unpaid payroll taxes? Watch out for the trust fund recovery penalty
Fall 2021
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 905
Abstract: The trust fund recovery penalty (TFRP) is one of the harshest penalties in the Internal Revenue Code. This penalty isn’t new, but the pandemic has thrust it into the spotlight. This article discusses how the TFRP applies and how liability is determined. A sidebar explains that shifting payroll tax liabilities to a certified professional employer organization (CPEO) can help ensure payroll taxes are paid properly.
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Should you offer auto theft recovery solutions?
September / October 2021
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 437
Abstract: Auto theft recovery solutions offer a number of features beyond vehicle recovery. In addition to enabling owners to find their cars if they forget where they parked or if they’ve allowed others to drive their cars, these solutions notify owners if their cars are moved without permission or involved in an accident. This article discusses the pros and cons of auto theft recovery solutions.
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Put the WOTC to work for you: Tax break extended through 2025
September / October 2021
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 540
Abstract: The Work Opportunity Tax Credit (WOTC) debuted in 1996 and offers significant tax breaks to businesses (including dealerships) that hire workers who may face barriers to employment. This article explains that while the WOTC was scheduled to expire at the end of 2020, the Consolidated Appropriations Act extended the tax credit through the end of 2025 — thus providing a higher degree of tax-planning certainty between now and then.
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Winning with year-end tax-saving strategies
September / October 2021
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 705
Abstract: Making good use of tax strategies can be key to improving a dealership’s bottom line. It’s important for dealerships to take advantage of any possible strategies for reducing taxes before year end so they’re able to start the new year strongly. This article highlights several such tactics, including making use of available deductions and potential write-offs.
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Protect your dealership from cyberattacks
September / October 2021
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 869
Abstract: Cybersecurity has become a hot topic in light of recent damaging cyberattacks that have crippled large businesses key to U.S. infrastructure. These attacks are a reminder of the damage cybercriminals can cause. This article discusses some of the most common cyberattacks and how dealerships can guard against them. A sidebar suggests dealerships need to follow applicable laws concerning data security.
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Compiling a marital balance sheet in divorce
August 2021
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 296
Abstract: Divorce is a difficult process for almost everyone. That’s why being clear and organized can help facilitate the process. This brief article discusses how the first step is generally to compile a marital balance sheet and what that involves.
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Stress testing your investment portfolio
August 2021
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 380
Abstract: Many banks conduct regular “stress” tests to predict the impact of adverse external events. Essentially, stress testing is the ultimate “what if” analysis. This article discusses how investors can perform stress tests on their portfolios to assess and mitigate risk.
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5 key points about bonus depreciation
August 2021
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 498
Abstract: Like most business owners, you’ve probably heard about 100% bonus depreciation. It’s available for a wide range of qualifying asset purchases. But there are many important details to keep straight. This article presents five key points about this powerful tax-saving tool.
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Know the nuances of the nanny tax
August 2021
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 558
Abstract: During the pandemic, many families have hired household workers. For any household worker who isn’t an independent contractor, “nanny tax” obligations may apply. This article explores the details of withholding, reporting and paying a household worker. A sidebar looks at the federal unemployment tax.
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Rochkind v. Stevenson – Maryland gets on board with Daubert
September / October 2021
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 451
Abstract: Maryland’s highest court has belatedly joined the majority of jurisdictions in the United States in adopting the 1993 Daubert test for determining the admissibility of expert scientific testimony. This article explains why the court decided to abandon the state’s former “two-channel” approach in favor of a broader 10-factor approach. Rochkind v. Stevenson, No. 24-C-11-008722 (Md. Aug. 28, 2020). Daubert v. Merrell Dow Pharmaceuticals, Inc., 509 U.S. 579 (1993). Frye v. United States, 293 F. 1013 (D.C. Cir 1923). Reed v. State, 283 Md. 374, 381 (1978).
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Using the statement of cash flows to spot fraud
September / October 2021
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 573
Abstract: Fraud studies show that cash is the most frequently stolen business asset. The statement of cash flows shows how cash changed during the year. This article explains how cash from operations can be analyzed to help detect fraud and financial misstatement scams.
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How to value a business in an uncertain marketplace
September / October 2021
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 673
Abstract: The COVID-19 pandemic has dramatically altered the business world, forcing valuation experts to rethink some of their forecasting models and methods. This article explains how experts approach business valuation assignments differently in today’s volatile marketplace.
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Do your clients understand the tax treatment of their settlements?
September / October 2021
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 856
Abstract: A client’s elation over receiving a healthy settlement amount can quickly turn sour when the tax implications are revealed. This article summarizes two recent rulings from the U.S. Tax Court that serve as valuable reminders that “gross income” is defined broadly, while statutory exclusions, including those for damages, are narrowly construed. A sidebar explains the return of capital exclusion. Stassi v. Commissioner, No. 2021-5 (Tax Ct., Feb. 8, 2021). Blum v. Commissioner, No. 2021-18 (Tax Ct., Feb. 18, 2021).
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Tax Tips – Understanding the impact of earnings on Social Security benefits
September / October 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: These brief tips explain how a person’s earnings can directly affect his or her Social Security benefits; detail how a business can use a reverse sales and use audit to its benefit; and explain why now may be a good time for homeowners to invest in a solar energy system.
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Year-end tax planning for mutual funds
September / October 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 609
Abstract: As the end of the year approaches, it’s a good time for individuals to review their financial situations and consider strategies for lowering their tax bills. This article examines year-end planning tips for mutual fund investors.
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Do you have foreign assets? Proper planning is necessary to avoid unintended outcomes
September / October 2021
Newsletter: Tax Impact
Price: $225.00, Subscriber Price: $157.50
Word count: 601
Abstract: Some may live by the motto, “outta sight, outta mind.” However, it’s best not to apply that line of thinking when it comes to assets. This is particularly true when accounting for foreign assets in an estate plan. This article discusses the double taxation risk involved with foreign assets and examines the benefits of using multiple wills to account for these assets.