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Home   Membership   Calendar   Foundation   Links   Job Board July 13, 2011


New Affinity Rewards credit card
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AAA-CPA and UMB CardPartner have joined forces to launch the AAA-CPA's affinity Visa® Platinum Rewards credit card. The Platinum Visa® Rewards card offers qualified cardholders exceptional benefits including no annual fee, a low APR and a powerful rewards program. Cardholders will earn 1 point per dollar on purchases and balance transfers and will earn 2 points for every dollar of billed interest. Rewards points can be redeemed for airline ticket, gift cards, merchandise and more. Find out more about the AAA-CPA Visa® Platinum Rewards card by visiting

Will Ohio estate tax repeal trigger more?
Forbes (blog)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
It's no secret that the $5 million exclusion and portability provisions of our 2011 and 2012 federal estate tax law are a surprisingly good deal. With apologies for sounding ghoulish, let's assume you didn't manage the optimum tax timing by dying in 2010.  Even so, 2011 and 2012 are pretty good years. We have no idea what estate tax law 2013 will bring. More

Culture, hard lessons drive GOP's anti-tax stand
The Associated Press via Google    Share    Share on FacebookTwitterShare on LinkedinE-mail
On the surface, it would seem like an opportune time for Congress to include targeted tax hikes as part of a cost-cutting package to reduce the huge federal deficit. Federal taxes, as a share of the overall economy, are at their lowest levels since 1950. A return to the higher income tax rates of the Clinton presidency - when many Americans prospered, and calls for tax cuts were fairly muted - would wipe out most of the deficit. And congressional Democrats appear ready to make deep spending cuts, sought by Republicans, in exchange for a smaller level of tax increases. More

How to stop an adult daughter abusing elderly mom's credit
Fox Business    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Q: My younger sister, age 42, has been using my elderly mother's credit card to purchase things on the Internet and on shopping channels. Mum has tried changing the card number, but somehow my sister manages to get it again. She has charged $6,000 in junk in the past three months. Mum has dementia, and my sister is seriously abusive and violent. What can we do as family members to help her? Mum is afraid of her. More

Learn the 5 essential estate-planning documents
The Coloradoan    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Too many Americans do not have any of the five estate planning documents financial and estate planners consider essential. The documents are a will, a durable power of attorney, a revocable living trust, a living will and a health care proxy. Some documents can be combined and some may not be needed. More

BCG warns of asset managers facing decline
Financial Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Large parts of the global asset management industry are in the early stages of a decline that could last decades, according to the ninth annual report on the sector produced by the Boston Consulting Group. Recent growth, as asset prices have rebounded since the financial crisis, produced a picture of health that masks underlying challenges from increasingly demanding investors, regulation, and competition from cheap alternatives to established products, according to the study. More

Modern asset protection a must-have for online entrepreneurs
Benzinga    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Following last month's hack attack on Australian webhosting company Distribute.IT the need to deal with such malicious intent has become a necessity. Reports claim that over 4800 customers' businesses were taken down due to the attack and that the data lost was irrecoverable. It has become clear that backing up of data is an essential part of any modern business - a lesson the online community has learned and even paid for by some, the hard way. More

How should you incorporate? 5 factors to consider
BNET    Share    Share on FacebookTwitterShare on LinkedinE-mail article
What kind of business should you form? An LLC, C-Corp, or S-Corp? Unfortunately, the answer is always the same: It all depends. But the following factors may help clarify the decision for you. Given that an LLC, C-Corp, and S-Corp all offer the same level of liability protection, here are five key factors to consider when deciding which business entity to form. More

SEC spending questioned
DealBook by The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Securities and Exchange Commission's fight for more money, an effort opposed by many Republican lawmakers, has met a new obstacle: the regulator's own questionable spending. A recent report by the S.E.C.'s internal watchdog said that the agency leased $556 million in office space last year using "a deeply flawed and unsound process" that lacked competitive bidding. More

July 20, 2011
Colorado Chapter Meeting
July 28, 2011
Members Only Study Group: Running an Efficient Elder Law Practice
July 30, 2011
Washington Nationals vs. NY Mets - Capital Area Baseball Outing
Aug. 18, 2011
Members Only Study Group: Conversions
Aug. 25, 2011
Members Only Study Group: What Really is Asset Protection?
Sept. 13, 2011
Members Only Study Group: Quarterly Update on S Corporations
Sept. 22, 2011
Members Only Study Group: Basic vs Advanced Planning in Elder Law

The Attorney-CPA Weekly Update
Colby Horton, Vice President of Publishing, 469.420.2601   Download media kit
Annette L. Kovac, Content Editor, 469.420.2604   Contribute news
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