Individuals are increasingly “international” today – especially wealthy ones. More and more clients work or study abroad, own property in more than one country, find their spouses abroad and qualify as citizens or residents of multiple nations. All of this can subject clients to the competing property,...
A Tax Primer on Real Estate Investment Trusts
More than $375 billion are invested in approximately 180 publicly traded real estate investment trusts (or REITs). In addition, billions more are invested in privately held REITs. This OnDemand webinar will provide an introductory summary of the tax requirements REITs face in their formation and ongoing...
Achieving Clarity and Value From Nonprofit Financial Reporting, Ratio Analysis and Benchmarking
You will learn the strategies necessary and appropriate for improving financial reporting and ratio analysis. You will be able to develop an action plan for your organization to improve the clarity and substance of its financial reporting. Using ratio analysis, unit cost and benchmarking techniques,...
Advanced Records Management: The Intersection of Good Records Management and eDiscovery Preparedness
Effective records management can have an enormous impact on e-discovery preparedness and a corporation’s bottom line. While many corporations have established policies related to paper records, many of those same corporations have failed to update those policies to account for their rapidly increasing...
Business Combinations and Goodwill: What Is the Latest With Fair Value?
The Financial Accounting Standards Board recently issued a Statement on Fair Value Measurements (SFAS 157) which clarifies the concept of fair value in financial reporting. Along with the FASB’s proposed revision of its Statement on Business Combinations (SFAS 141R), fair value measurements may change...
Cash Is King: Effective Cash Flow Management
A balance sheet is often described as a snapshot of your financial situation at a single point in time. (Think of it as the balance in your personal checking account.) An income statement summarizes revenue, expenses and net income for the entire year or other period of time. Both of these financial...
Cost Segregation: Applications for a Valuable Tax Planning Strategy
Cost segregation is a powerful tax planning strategy used by real estate owners and tenants to accelerate significant depreciation deductions associated with buildings and improvements of all types and sizes. Although cost segregation has become quite popular in recent years, many tax advisors and real...
Creating Investment Policies For Your Nonprofit: Risk Tolerance, Reserve Funds and Portfolio Management Capacity
Establishing and maintaining investment policies that fall in line with the needs, risk tolerance and portfolio management capacity of your organization are critical to its success. At this OnDemand Webinar we will take a strategic look at the components that contribute to creating strong investment...
Current Issues in Attributional and Agency Nexus
A state’s ability to impose taxes on a multistate business is limited by nexus standards rooted in the U.S. Constitution. In 1992, the U.S. Supreme Court reaffirmed its longstanding rule and held in Quill Corp. v. North Dakota that nexus requires some form of physical presence in the taxing state. However,...
Current Issues in Revocable Living Trusts
Revocable living trusts are a foundation of many estate plans. The use of a revocable living trust generally provides for a confidential distribution of family wealth without required court interference and also allows for assets to avoid probate in most jurisdictions. Using a revocable living trust...
