Schwartz & Hofflich, LLP

In the News

MARCH 2ND, 2010 Convert A Traditional IRA To A Roth IRA

What’s It All About?

By Neil Bayer

Much has been made of the change in the IRA rules which went into effect in 2010, particularly the rules covering converting a traditional IRA to a Roth IRA. Prior to 2010 owners of regular IRAs whose adjusted gross income was more than $100,000 were prohibited from converting their traditional IRA [...]

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MARCH 2ND, 2010 Get Tax Return Information In Early

The better organized you keep your information, the easier it is to file early because you don’t need to search for missing data. And you can speed up your refund by getting your tax return filed early in the tax season.  

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JANUARY 25TH, 2010 The 2010 U.S. Stock Market - What To Look For

By Patrick Fremont, Schwartz & Hofflich Capital Management, LP
The U. S. economy is now out of its financial meltdown and appears to be on a slow path to recovery. The stock market continues its upward trend as corporate profits improve. However, enormous dosages of monetary stimulus lie ahead as the U.S. Treasury issues almost $2 [...]

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JANUARY 25TH, 2010 Boost Spirits and Production

Your employees spend at least one-third of their lives - give or take some holidays - in the workplace. If the surroundings are grim, it’s not good for your bottom line.
 
So make an effort to help your staff members enjoy the space they work in.

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JANUARY 12TH, 2010 New Beginnings

We would like to wish everyone a happy, healthy, and prosperous new year. The beginning of a new year is an exciting time. It gives us a chance to reflect on the past year and decide if we should continue on the same financial path or make a change.
 
As we look back at the financial world, [...]

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JANUARY 12TH, 2010 Tread Carefully to Avoid Immigration Discrimination

It’s a delicate balance, but employers must verify that prospective hires are legally able to work in the U.S. and they can’t discriminate based on national origin.
Steep penalties come with failure to comply. For example, fines for record keeping violations run from $100 to $1,000 each. Fines for knowingly employing an unauthorized alien range from [...]

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NOVEMBER 24TH, 2009 Tax Planning Guide - Tax-saving Ideas You Can’t Afford to Overlook

With prices up and the economy down, minimizing your tax burden is more important than ever. To save as much as possible, you’ll need to proactively look for ways to reduce your taxable income and take advantage of every tax break you’re entitled to.
 
This is exactly what our 2009-2010 Tax Planning Guide is designed [...]

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NOVEMBER 24TH, 2009 Save Some Green with “Green-Friendly” Motor Vehicles

Are you in the market to buy a new or used car but you missed the Cash for Clunkers government program? If you are looking for another incentive, Connecticut has temporarily exempted the purchases and leases of fuel-efficient passenger motor vehicles from sales tax.

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NOVEMBER 5TH, 2009 Turn More Salespeople into Superstars

The dictionary defines a process as a series of related steps that lead to a desired result. If members of your sales staff are in a slump, implementing a formal sales process can help them identify their deficiencies.

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NOVEMBER 5TH, 2009 Increase the Chance of Successfully Defending Your Organization

It’s an employer’s nightmare: You are notified by the Equal Employment Opportunity Commission (EEOC) that a complaint has been lodged against the company.

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SEPTEMBER 22ND, 2009 Become a Winner by Avoiding These 5 Mistakes

Establishing a winning position in the marketplace is obviously critical to your company’s success. The position, however, must be based on a sustainable competitive advantage.
What constitutes an unbeatable advantage? There are two choices:
 
1. You have consistently lower costs than your rivals. As long as your product or service maintains an acceptable quality level, this advantage leads to higher [...]

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SEPTEMBER 22ND, 2009 Swine Flu May Soon Disrupt Workplaces

Schools and colleges are opening and health officials are warning that as children and young adults pack into classrooms, the H1N1 virus (or swine flu) will spread among students and to adults.
This means that an early fall swine flu season will most likely hit in workplaces across the country.  It will spread in advance of [...]

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SEPTEMBER 1ST, 2009 September Seminars – Energy Tax Deduction for Architects and Engineers

Sign up for our September 16th seminars in NYC and New Haven covering this deduction that may be available to architects and engineers.

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JULY 21ST, 2009 Drive Away in a New Car with Help from Uncle Sam

Are you driving a clunker? You may love your vehicle, but if it gets less than 19 miles to the gallon, the federal government would like to see it taken off the road. But don’t be alarmed, you could wind up with a new vehicle and save as much as $4,500 in government rebates in [...]

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