SAM Coverage
Finance
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How to Make Write-Offs Add Up
Under our tax system, rarely do deductions for individual components of an asset equal more than the sum of the whole. In the case…
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All in the Family
Tired of paying more than your fair share of taxes? The family limited partnership (FLP) may be the best way to keep income taxes…
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Congress Stimulates (the ski) Business
When President Bush signed a long-sought-after economic stimulus package on Saturday, March 9, 2002, ski resorts may have benefitted as much as anyone outside…
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2000-2001 Economic Analysis
Dramatic improvement best describes the financial performance of the 2000-2001 ski and snowboard season. Uniformly good snow at the right time across virtually the…
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A Better Way of Doing Business
A relatively new way of forming a business entity could prove to be the most profitable when it comes to operating a ski resort…
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It’s All in Your Prospectus
I hold in my hand the prospectuses for the public offerings of Vail, Intrawest and American Skiing. The prospectus is the selling document for…
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Consolidation: Analysis and Direction
It used to be you could get a good debate between area operators on the value of detachables or snowmaking automation. Now all anyone…
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Back in Business
Eager to “dodge and dance” with skiing competitors, an ebullient George Gillett, Sr., is back in the industry only four years after bankruptcy and…
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Anatomy of the Deal
Les Otten’s dream to own Killington, he remembers, started on Thanksgiving Day 1967 when he was skiing there. He was 19. Driving home for…
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The New Tax Proposal
On the evening of May 28, 1985, President Reagan presented his summary of “The President’s Tax Proposals to the Congress for Fairness, Growth and…