Posts from: Uncategorized
10 Steps to Survive a Business Disaster
In business, it sometimes pays to take a risk. But in the face of natural disasters, like floods and fires, or criminal activity like cyber hacking, your Recovery Procedure Plan needs to be as safe as houses. After all, everything is on the line. The... (more...)
Take A Break From Your Work! Free Time Is Important!
There was an interesting article written by Bill Sheridan from MACPA.org who talked about how business people or anyone who works should take a break. Wanna know what he did recently? He did absolutely “nothing.” During the time when he did “nothing”... (more...)
Only 10 Companies Control Almost Everything We Eat!
Did you know that most of the products in the groceries we buy are actually sold by just 10 companies? Most people would think that the products we buy from grocery stores are from various different companies. In reality, these 10 companies, which... (more...)
Don’t Fall for These Scams! IRS – List of Tax Scams for The 2016 Filing Season
Many people all over the world have fallen into the trap of a scam or a fraud from a criminal. Every day, our society becomes more intelligent while technology in our world advances. But, we aren’t the only ones who are getting smarter; criminals are... (more...)
Solar Panels Do More than Just Save Money?!
What is the first thing that comes to mind when someone asks why you would buy solar panels? Most likely, save money. We asked some of our co-workers what the first thing that came to mind when they heard that phrase, and they said the same thing. Whether... (more...)
Unethical Business Practices Will Not Help You Reach Success
Have you ever been involved in a situation where you were working with someone who got money from people who believed that they were getting something back in return but didn’t? Let’s say: You have a friend who owns a lemonade stand. The... (more...)
529 Plans Also Help Cut Estate Taxes
As college costs have soared, way outpacing the small gains in family income of the past decade, more and more families have turned to Section 529 college savings plans where gains are tax-free when withdrawn to pay for school. A qualified tuition plan... (more...)
Real GDP growth rose at a 1.5 percent-annual pace
Economic activity lost some of its momentum in the third quarter. Real GDP growth rose at a 1.5 percent-annual pace, but much of the drag was due to a slowdown in inventory building. Real private sales to domestic purchasers, which is a better gauge of... (more...)
Business deduction for the entire cost of qualified property
Businesses should consider accelerating purchases into 2012 to take advantage of the still generous Code Sec. 179 expensing. Qualified property must be tangible personal property that a taxpayer actively uses in its business, and for which a depreciation... (more...)
Small Employer Health Insurance Credit
Employers with 10 or fewer full-time employees and that pay average annual wages of not more than $25,000 may be eligible for a maximum tax credit of 35 percent on health insurance premiums paid for tax years beginning in 2010 through 2013. Tax-exempt... (more...)