CPA and Accounting White Papers
August 26, 2009
Robert L. Levy The goals of a records retention policy are to address the management, storage and destruction of company documents. Documents include paper (including communications, contracts, maps, etc) as well as other media, including photographs, maps, and calendars). In addition, typically the largest volume of company information is contained in electronic form, including emails, word processing documents, faxes, spreadsheets and databases. Many small to mid-size companies, however, do not have uniform procedures and policies for the retention of records. A surprising number of larger companies do not have retention policies or do not have an effective protocol for ensuring compliance with the existing policies.
February 13, 2009
Save time and money by earning your mandatory California CLE inside this workbook!
In this workbook you will find four need-to-know articles highlighting important issues that impact your industry and the clients you serve. Each article contains a small assessment of 10 questions relating to the article. Download the workbook for free and stay current. You can earn California CLE credit for less than $40/credit hr!
Earn your CLE in 4 easy steps:
1. Read the articles contained in this self-study workbook.
2. Take the short assessment(s) located in the back of the workbook.
3. Mail or fax back your answers along with the order form and payment.
4. Receive credit with a score of 80% or better – We will notify you of your score via email. See full credit information on page 40.
The Estate Planning Update Self Study Workbook allows you to earn up to 4 credits by reading articles on the exciting topics:
1. Asset Protection Basic Primer
2. Trust Beneficiaries
3. S Corporations and Estate Administration
4. Conduit Trusts, Accumulation Trusts, and Trusteed IRAs
Remember - The Estate Planning Update Self Study Workbook is 100% free. You only pay if you desire CLE credit approval.
The quickest and easiest CLE you can earn!
October 9, 2007
Frank Rudewicz Corporations are continually reassessing their incident response preparedness for the purpose of mitigating risks and improving protection of their employees, visitors, customers, assets and facilities. Thus, it is imperative that every company, no matter what size, have in place a plan to respond to a corporate disaster.
September 14, 2007
Jacob Stein Esq. For the past several years asset protection has been one of the fastest growing areas of law. It is also one of the most controversial – the goal of asset protection is to shield assets from the reach of creditors.
Asset protection should simply be about structuring the ownership of one’s assets to safeguard them from potential future risks. Most asset protection structures are commonly used business and estate planning tools, such as limited liability companies, family limited partnerships, trusts and the like. Properly implemented asset protection planning should be legal and ethical. It should not be based on hiding assets or on secrecy. It is not a means or an excuse to avoid or evade U. S. taxes.
There is no one “magic bullet” in asset protection. The term “asset protection” encompasses a number of planning and structuring mechanisms that may be implemented by a practitioner to minimize a client’s exposure to risk. For each client the asset protection solution will be different, depending on (i) the identity of the debtor;(ii) the nature of the claim; (iii) the identity of the creditor; and (iv) the nature of the assets. These are four threshold factors that are either expressly or implicitly analyzed in each asset protection case. The analysis of these four factors determines what planning would be possible and effective for a specific client...
September 12, 2007
Langdon T. Owen Jr. In the United States, there are six legal and tax formats for doing business:
1) Sole Proprietorships
2) General Partnerships
3) Limited Partnerships
4) Limited Liability Partnerships
5) Corporations taxed under Subchapter C
6) Corporations taxed under Subchapter S
The report is intended to generally describe these forms of business entity and to review in general terms the key features and issues associated with the different forms. The information contained within this report will be valuable to professionals as a handout to clients interested in forming a business...
September 12, 2007
Bonnie L. Cook CFP, CRPC Estate Planning requires an understanding of the various types of retirement vehicles, which are founded on the concept of tax deferred income growth...
September 12, 2007
Daniel Benderly Enron, WorldCom and other corporate failures focused public attention on the quality and integrity of disclosures in public companies’ public disclosures. Congress adopted the Sarbanes-Oxley Act of 2002, and President Bush signed it into law on July 30, 2002, creating the most radical redesign of federal securities laws since the 1930s. Some provisions were effective immediately, while others became effective when the SEC or adopts the relevant rules.
The Sarbanes-Oxley Act mandated reforms to reporting and corporate governance, and the Securities and Exchange Commission, and self-regulatory organizations, like the New York Stock Exchange and Nasdaq, have raced to keep pace...
