Equity Crowdfunding Could Affect Private Business Values
If private equity crowdfunding catches on, it could affect business values by exposing firms to bigger pools of prospective investors. It also could alter expected cash flows. But what comes first: The value of a business or the offer price? Some might argue these values are interrelated. So why haven't we seen an explosion of private equity crowdfunding offers yet?
Will March Bring Madness to the Workplace?
"Selection Sunday" tips off on March 16! With 68 college teams playing over three weeks, the 2014 NCAA men's basketball tournament is likely to be a workplace distraction. Proactive employers develop and communicate a March Madness game plan.
Who are the highest paid NCAA coaches? We'll tell you inside.
IRS Answers Questions about the Affordable Care Act
If you're like many employers, you know the basics of the Affordable Care Act but you're still confused about specific details and how they might affect your organization. To help clear up the confusion, the IRS recently released a series of QAs about the Employer Shared Responsibility provisions of the law. We've compiled some of the questions in this article.
Pros and Cons of a 'BYOD' Work Environment
Mobile technology has blurred the lines between our personal and work lives. Does your company allow employees to connect to its network using personal electronic devices, such as smart phones, tablets and PCs? What situations does your written bring-your-own-device (BYOD) policy cover? There are no universal answers to these questions. Every business needs to balance the expected benefits against the potential risks.
Another Delay of the ACA Health Care Mandate for Some Employers
In yet another alteration to the Affordable Care Act, certain mid-size companies now have an additional year before the "play or pay" employer mandate kicks in. This surprising news became known when final regulations were issued by the U.S. Treasury Department on February 10. These regulations include important information for larger businesses as well. Find out if your company is affected and what your responsibilities are in relation to the changes.
Estate Planning: Check Your Beneficiary Designations
Who is listed as the beneficiary (or beneficiaries) on your insurance policies, retirement plans and asset accounts? Divorce, remarriage and other major life events might require you to change beneficiaries. Or you might have accidentally forgotten to designate all your beneficiaries from the get-go. Take time to review beneficiaries today. As three real-life "horror stories" demonstrate, mistakes and omissions can be disastrous.
IRA Rollover Court Case Contradicts Longstanding Interpretation
As we all know, tax law is often convoluted. To illustrate the complexity, the U.S. Tax Court recently ruled against what is clearly stated in an IRS publication designed to explain the law to citizens. In the new case, the Court stated that the one-rollover-a-year rule applies to all of an individual's IRAs rather than on an account-by-account basis. Here is an explanation of the controversial decision and the rules involved in transferring money from one IRA to another.
Smart Device Users Beware: Fraud May Be Just a Click Away
New technology breeds new ways for hackers to commit fraud. As businesses increasingly use quick response (QR) codes to connect with customers using smart devices, opportunistic cybercriminals may use them to steal personal information and incur unauthorized charges. Find out ways to protect your smart devices from QR code "clickjacking" scams.
State of the Union: What Might Be Ahead?
President Obama's State of the Union address was filled with proposals but limited on details. Fed up with Congressional gridlock, the President promised to issue several small, but symbolic, executive orders. However, the rest of his agenda -- including tax reform, spending initiatives and modified regulations -- will require him to work with Congress. Here are the highlights of the speech and what it might mean for you in the future.
New for 2014: Penalty for Not Complying with the Individual Mandate
There's a provision in the Affordable Care Act that, beginning this year, generally imposes a penalty on people who don't have "minimum essential" health insurance coverage. You may have heard that $95 is the maximum 2014 penalty. This is not correct! This article explains who owes the penalty, how the penalty is calculated (it's complicated!) and how an individual will be expected to pay it.
Goodwill Amortization: A Taste of 'Little GAAP'
Financial reporting is now simpler and less expensive for private companies that report goodwill from business combinations or enter into simple interest rate swaps. The Financial Accounting Standards Board (FASB) recently issued updated rules. Could these modified standards be a sign that the FASB is finally bending its rules to fit the needs of smaller companies and their stakeholders?
Can You Guess the Six 'Most-Hated Taxes' in America?
It's award season in Hollywood. It's also the beginning of tax season and time to start thinking about the annual filing ritual. Nobody likes taxes but some are worse than others. In the spirit of the Academy Awards, Golden Globes, Grammys, etc., here are six candidates for the most-hated taxes in America.