 Weekly News Update
Trusts & Estates related article:
clicking HERE.
Cost Basis related article:
Crypto Trends Every CPA Should Know In 2019
Synopsis:
"Cryptocurrencies come with plenty of accounting challenges, but the cost basis might be the most significant." You can access the complete article by clicking
HERE.
Editor's Note:
We embedded the wrong link for last week's feature trusts and estates article, "What Happens To My Bitcoin When I Die?". You can now access the article by clicking HERE. Our apologies.
Interested in what the financial markets are doing?
Click HERE for up to date information.
Who is ESI-APPRAISE & how can we help you with estates, gifts, trusts, and cost basis?
|
Time Saver & Helpful Hint
This week's Time Saver / Helpful Hint is:
"What if the date of death occurs during the extended Labor Day weekend?"
If the date of death occurs over the Labor Day weekend, a correct valuation in compliance with the IRS Form 706/709 regulations, requires a straight average between the Friday and Tuesday prices because Saturday, Sunday, & Monday are not trading days. [IRS Regulation 20.2031-2(b)1]
Securities should not be sent for pricing till Wednesday.
This month, we've been focusing on digital estate planning. We would like to know if you have worked on any estates, gifts, or trusts which contained digital currency?
Please take our ONE QUESTION SURVEY and let us know.
Last week's Time Saver / Helpful Hint topic was:
"Have you come across digital currency in your job?"
You can access the eNewsletter by clicking
HERE.
|
Solution Of The Month
"Do you have a DRiP problem?
"
If you find yourself needing help determining the cost basis when a dividend reinvestment plan is in place, the ESI-APPRAISE Dividend Reinvestor can help. The Dividend Reinvestor calculates the cost basis, market value, and capital gains (losses) for dividend reinvestment plans, automatically adjusting for stock splits.
The user provides the purchase and end date, the share amount, and price per security or total transaction value. Additional purchases and sales can also be included. You can start with your current holdings or initial purchase. Click on SAMPLE REPORT for a closer look.
Here's how you can generate a
valuation with us:
1. Secure online solutions (You produce the report and save money)
· APPRAISE Windows: Software on your computer; internet connection to access the data
· APPRAISE ASP: Software on our computer - data on yours; no installation or upgrades;
can be accessed from any computer on your company network
· APPRAISE in the Cloud: Software and data on our computers; no installation or upgrades;
can be accessed from any computer anywhere
· APPRAISE Web: via the Internet using credit card or account number
· ESI-Direct: No software; value your ONESOURCE securities using the internet
2. APPRAISE outsourcing solution (we do the work and save you time):
· Valuations can be submitted/delivered via email, fax, overnight courier, or mail
If you would like more information, please
- call 201.784.8500 x104
|
Upcoming Events
Events we are coordinating:
- Fri, Aug 30: Early 2:00p EDT close for Labor Day holiday
- Mon, Sep 2: Labor Day (NYSE & ESI holiday)
- Thu, Sep 12: ESI system maintenance beginning at 5:00p EDT
Events we are attending:
- Thu, Sep 12:Estate Planning Council of New York City meeting
- Wed, Sep 18: Greater New Jersey Estate Planning Council meeting
- Thu, Sep 26: Estate Planning Council of Bergen County meeting
|
Subscriber Feedback
We want to make it easy for our subscribers to give us feedback. Please click
here if you want to contact us.
Here is a recent testimonial from a client.
"I am very appreciative of the assistance you provided to me. You were patient and the Web Ex was great. Feel free to pass this e-mail along to any of your supervisors. I have worked with your company through various employers and Appraise is great to work with.
"
|
Are you the correct recipient of this eNewsletter?
Perhaps your coworker or colleague would be better served with the information contained in this newsletter. Please feel free to share it with them.
They can then sign up for this weekly eNewsletter by clicking
on the link below.
You can SafeUnsubscribe by clicking on the link at the bottom of this eNewsletter.
Thank you for subscribing to our eNewsletter and allowing us to serve you.
|
|
