JULY 27TH, 2010 Keep Pace with Your Customers

Want to grow your bottom line faster? Try location marketing.
As consumers increasingly boost their dependence on mobile devices, it makes sense that

JULY 27TH, 2010 Help Avoid an Examination By Knowing the Red Flags

There are several ways the IRS collects money after taxpayers have payroll deductions taken, make estimated payments and file balance due amounts with their returns.
Of course, the IRS can assess additional taxes after auditing the tax returns of those who arouse suspicion based on what is claimed.

JULY 1ST, 2010 Time to Rethink Your Investment Strategy?

The stock market may have recovered in the hours following the “flash crash,” but many investors are still in shock over the deep losses their portfolios suffered when the stop loss order so infamously failed. The Securities and Exchange Commission (SEC) is not only investigating the May 6 debacle, but working on instituting safeguards to [...]

JULY 1ST, 2010 What is a Personal Guarantee and Should I Grant One?

Most lenders require the individual owner of a small business to personally guarantee loans made to a business. This pledge indicates the owners’ commitment and helps ensure that the loan obligation won’t be abandoned.
The problem: A personal guarantee means your personal assets are available as collateral. It opens an individual — or a husband and [...]

JUNE 7TH, 2010 College Graduate Checklist

The time you’ve waited for has arrived. You’re a graduate, you’ve found a job and are on the verge of exercising newly gained independence.

Have you created a budget? It will help set spending limits and determine savings amounts. Start with mandatory expenses such as rent, utilities and student loan payments. Then go down the list [...]

JUNE 7TH, 2010 Get Ready for Onerous New 1099 Reporting Rules

Businesses and not-for-profit organizations are accustomed to IRS rules that require them to report certain payments on annual Form 1099 information returns. However, the recently enacted healthcare law imposes surprising new Form 1099 reporting requirements. Complying with them may add significantly to your organization’s paperwork burden. While the new rules don’t apply to payments made [...]

MAY 11TH, 2010 The First Three Steps To Starting A Business

By Mike Tolla

Not everyone is prepared to be an entrepreneur, so start with an honest self-assessment. Ask yourself a few questions: Are you ready to work possibly twelve or more hours a day and maybe seven days a week?; Are you a risk taker?; Are you ready to risk your savings?; Do you have the emotional [...]

MAY 11TH, 2010 Employee Benefit Tax News

The IRS made three announcements recently that are of interest to certain business and individual taxpayers:
1. The COBRA subsidy for those who have lost their jobs has been extended again until May 31.
2. Tax-free employer health coverage is now available for children under age 27.
3. Average small group premiums for each state have been issued [...]

APRIL 20TH, 2010 Make Sure You Pay Over Payroll Taxes on Time

Uncle Sam wants you to deposit federal payroll taxes on time. That means your organization must fork over amounts withheld for income tax, FICA and FUTA during the course of the year.

APRIL 20TH, 2010 What is the Status of My Tax Return?

To get your refund status, click   IRS Web site  to go to the web site.  Once there, click on Where’s My Refund? and provide the following information shown on your return:
 Your Social Security number or Tax Identification Number.
 Your filing status.
 The refund amount.

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 [...]

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.  

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 [...]

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.