HBR Hotlist.2019.08.19: How to Delegate Successfully; Predicting Who’s Going to Quit; Engaging Employees Successfully: Responding to “Tell Me About Yourself” in Interviews

How to Respond to “So, Tell Me About Yourself” in a Job Interview, By Joel Schwartzberg: There is a right answer. MANAGING PEOPLE Is It Time to Let Employees Work from Anywhere?, By Prithwiraj (Raj) Choudhury, Barbara Z. Larson, Cirrus Foroughi: A study found that “work from anywhere” policies increased productivity. EMPLOYEE RETENTION If You Want Engaged Employees, Offer … Continue reading HBR Hotlist.2019.08.19: How to Delegate Successfully; Predicting Who’s Going to Quit; Engaging Employees Successfully: Responding to “Tell Me About Yourself” in Interviews

Free AICPA Adviser’s Guide to Financial and Estate Planning – Volume 1

The AICPA has made available for download Volume 1 of its treatise, Sidney Kess & Steven Siegel, The AICPA Adviser's Guide to Financial and Estate Planning (9th ed.), which is 321 pages. This volume discusses the following topics: Chapter 1: the art of financial planningChapter 2: estate and client analysisChapter 3: the co-ownership of propertyChapter … Continue reading Free AICPA Adviser’s Guide to Financial and Estate Planning – Volume 1

PLR 20193307: CLAT Established in Rev Trust

In PLR 201933007, the IRS ruled regarding the annuity and estate tax deduction of a revocable trust, making the following rulings: the annuity amount equal to five percent of the fair market value of the initial trust estate, as determined by the trust’s grantor and the grantor’s spouse, would be an ascertainable amount. In addition, … Continue reading PLR 20193307: CLAT Established in Rev Trust

Supreme Court Petition Filed: BF Hawk v. Commissioner (18-1534) – Fraudulent Conveyance Law and Transferee Tax Liability Decedents Estate

In B.F. Hawk v. Commissioner, the Sixth Circuit held that a decedent’s estate, his widow and two marital trusts were liable as transferees for income taxes owed by the decedent’s business. The Sixth Circuit held that under the Tennessee Uniform Fraudulent Transfer Act, an asset sale followed by the stock sale was a sham transaction … Continue reading Supreme Court Petition Filed: BF Hawk v. Commissioner (18-1534) – Fraudulent Conveyance Law and Transferee Tax Liability Decedents Estate

HBR: Must Reads to Prepare for Economic Downturn

Note: Subscription to HBR May Be Required Companies Need to Prepare for the Next Economic DownturnBy Martin Reeves, Kevin Whitaker, Christian KetelsWhenever it happens, it won’t look like 2008. What Companies Should Do to Prepare for a RecessionBy Kevin Laczkowski and Mihir MysoreHere’s what successful companies did last time around. How to Survive a Recession and Thrive … Continue reading HBR: Must Reads to Prepare for Economic Downturn

Holland + Viviano (McDermott Will): Trustees of Revocable Trusts May Owe Duties to Contingent Beneficiaries

Nicholas Holland and Joseph J. Viviano, of McDermott Will, have published their article, Trustees of Revocable Trusts May Owe Duties to Contingent Beneficiaries. Their article concludes with the following lessons: • Trustees of revocable trusts should exercise caution before following an instruction given by a settlor or the settlor’s agent that may be contrary to … Continue reading Holland + Viviano (McDermott Will): Trustees of Revocable Trusts May Owe Duties to Contingent Beneficiaries

Rev. Rul. 2019-19: Failure to cash retirement plan distribution check does not allow recipient to exclude income

In Rev. Rul. 2019-19, the IRS ruled that that an individual’s failure to cash a distribution check from a qualified retirement plan does not allow the individual to exclude the amount from gross income and also does not affect the withholding obligations of the plan administrator. Click Rev. Rul. 2019-19 to see full revenue ruling.