Second Quarter 2010 Not-for Profit News MUSE
Enterprise Risk Management
IRS Publishes Interim Nonprofit College & University Compliance Report
New Form 990 Schedule F Requires Additional Information for Organizations With International Activities
Download: MUSE_2Q10_Wall_R1.pdf |
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McGladrey's 2010 Manufacturing Wholesale Distribution Annual Survey
Download: MWD2010Survey.pdf |
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December 2009: The Grinch Who Stole Discounts - We present our seasonal Bottom Line on Business Valuation - for an audio version, click on the below file.
Happy Holidays.
Download: grinch.mp3 |
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April 2008: Set A Fair Price To Sell Your Share Of The Business – If, emulating Jack Nicholson and Morgan Freeman, you hope to climb the Pyramids and hit the tables in Monte Carlo when you retire from the business you've spent years building, read on.
Download: Garys Pilot Article.pdf |
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January 2008: Savings will increase – Based upon prior experience, most manufacturing companies agree that calculating the manufacturer's deduction was a lot of work for little savings. After many rounds of changes, although the deduction calculation may not be substantially less complicated, the savings will increase from 3 percent of qualified production activity income to 6 percent for years 2007 through 2009, and 9 percent after 2009. So, it may be worth another look.
Download: Brumsey-Manufacturing-2008.pdf |
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September 2007: Slow to Develop, Valuation Rules Will Be Helpful – The gestation period for an elephant can be as long as two years-but that's nothing compared to the six years it took the American Institute of Certified Public Accountants to develop its Statement of Standards for Valuation Services.
Download: Garys 2007 Pilot Article.pdf |
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June 2007: Research earns credits – The research and development credit has been around for more than 20 years. And despite continual efforts by supporters to make the credit permanent, the tax break remains a temporary one. Nevertheless, each time the credit has expired, Congress has renewed it.
Download: Georges IB RD Article-June 2007.pdf |
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October 2006: ‘Look-through’ lowdown – Misunderstanding or misapplying tax laws during the sale of your company can result in costly mistakes, especially if you operate your business as a “pass-through” entity.
Download: Nancys_IB_Article-October_23_2006.pdf |
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July 2006: Three steps fix ‘profit fade’ – Many construction companies suffer from “profit fade”, occurring when a contract is complete or near complete but the job continues to incur additional costs – often not factored into the estimate. Here are three steps to fighting this malady.
Download: Nancys_IB_Article-July_10_2006.pdf |
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July 2006: Cost-segregation study helps with deductions – Strategic tax planning in conjunction with an IRS-approved cost-segregation study can create tax deductions for property owners for what would otherwise be nondeductible renovation expenses.
Download: Cathys_IB_Article_July_24_2006.pdf |
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April 2006: Court reverses decision on MBA deduction – In a reversal of its previous position the Tax Court permits a taxpayer to deduct the cost of obtaining an MBA as a business expense.
Download: Pauls_IB_Article-2006.pdf |
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March 2006: Take precautions against vulnerability to fraud – While most frauds still occur in private companies, not-for-profit organizations still get hit hard. The median loss to not-for-profits is $100,000.
Download: Julie_Colwells_IB_Article.pdf |
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January 2006: Future of your business depends upon succession plan – Not planning for the eventual transfer or sale of your business can jeopardize not only its future, but the futures of your partners and employees.
Download: Cathys_January_2006_IB_Article.pdf |
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November 2005: Contractors must know all accounting options – Construction companies face a complex choice when it comes to accounting methods. Because no two projects are ever alike, and your earnings may fluctuate from year to year, it’s important to know your options.
Download: Nancys_November_2005_IB_Article.pdf |
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September 2005: Be like Bill, plan for succession – While few can match Microsoft’s size, profitability, or number of shareholders, when it comes to succession planning, all businesses should follow Gates’ example.
Download: DiNardo IB article-Finance.pdf |
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August 2005: Use relaxed standards to your advantage – Fierce competition among lenders in the commercial real estate market has increased the options for today’s commercial loan borrowers. Be sure to look for the best deal available.
Download: Cheries IB Article.pdf |
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July 2005: The Dow of Investing – Sometimes investors try to build a “safe” equity portfolio by picking stocks included in a widely recognized index of large, “blue chip” companies, such as the Dow Jones Industrial Average. They hope that such selectivity will allow them to avoid losers and select winners. In reality, this technique is subject to at least two inherent weaknesses.
Download: Jeffs Pilot Article-2005.pdf |
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July 2005: Cost segregation allows for depreciation of assets – A cost segregation study can help generate substantial tax savings for investors constructing a new building or renovating, expanding or acquiring an existing structure.
Download: Cathys July 05 article.pdf |
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February 2005: Base financial planning on business’ stage of life – Understanding a typical business life cycle can help you identify the financial planning challenges and opportunities that may arise as your company grows from start-up to maturity.
Download: Pauls IB Financial Article-2005.pdf |
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February 2005: Tax savings apply to architectural work – The manufacturers’ deduction allows manufacturers, architects and engineers an opportunity to triple-dip in tax savings, but action must be taken quickly because the door won’t be open much longer.
Download: Pauls Architect Article-2005.pdf |
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