download the new version of LINK so you can benefit from the improved
interface. Your underlying ABC files will be unchanged. Old versions of
LINK (version 2.18 and older versions) will stop working in March 2016.
To download LINK, go to
PSHIP Flags section has been reorganized with new divider titles and
flag groupings. Note that the question numbers have changed
so be sure to check the PSHIP/Flags report for assistance with
locating specific flags.
and Partner Sections in PSHIP Files
PSHIP files now contain separate sections for partnership
and partner questions. The partnership questions now reside in the
new 'Partnership Assumptions' section. Similarly, investor and sponsor
questions can now be found in separate streams of the new 'Partners'
Purchase, Federal Depreciation, and State Depreciation Properties
reports display summary
details about each stream. To access
these reports from the Assumptions window (F4), click on the section
name in the navigation pane along the left side of the window, then
click on the Reports drop down menu in the assumptions pane that
appears to the right.
Active Flags (Question 720.854): Use this flag to control
the Summary report and the Results window (F6) display the active flags
and their respective settings in the current file.
Investor Non-Production 734 Depreciation Split (Question 720.456): Use
this flag to specify
allocation percentages for non-production
additional capital depreciation.
Tax Estimation Shortcut
new Quarterly tax estimation shortcut spreads
evenly across March, June, September, and December. Activate this mode
by typing "QTR" in questions 11.4 and 13.4, or questions
701.403 and 701.503 for partnership
This is useful
for matching spreadsheets that assume the April tax payment is
made in March.
Warren & Selbert
will leave Warren & Selbert for Israel in December 2015 and
intends to pursue a Masters in
Financial Engineering beginning Fall of 2016. Arthur left
Warren & Selbert at
the end of October to
pursue interests in the high-tech
wish both of them well in their future endeavors.