Author: admin

  • New Developments in Estate and Gift Tax

    “The IRS issued inflation adjustments for 2012 for estate, gift, and generation-skipping transfer tax purposes.”

  • 3 Ways Networking Can Add Value to Your Business

    Networking can be quite uncomfortable, especially when talking to people you don’t know or have never met. But, as awkward as it may be at times, networking can add a lot of unforeseen value to your business. It “can make the entrepreneurial journey less lonely, provide you with great nuggets…

  • Innovation Lessons Learned from Mount Everest

    In 1953 Edmund Hillary and Sherpa Tenzing Norgay were the first men to reach the summit of Mount Everest, the highest point on earth and one of the greatest achievements of mankind. Writer Gijs van Wulfen shares his ten lessons on being first after reading Hillary’s “View from the Summit.”

  • Big Companies Moving Overseas to Avoid Taxes

    One of the main reasons many U.S. firms are relocating out of country is to avoid the corporate tax rate, which is 35%. (In comparison, Ireland’s is 12.5%.) Although both parties agree the U.S. corporate tax code needs to be rewritten, companies worry taxes will rise in the future if…

  • Want to Be Successful? Adopt an Immigrant Mindset

    Although you may not see yourself as an immigrant, thinking like one has proven to boost careers and create successful businesses. There are six key attitudes or approaches well-known “immigrants” have used to build their companies from the ground up, becoming profitable and influential enterprises.

  • 4 Ways to Identify the Focus of Internal Auditors

    Internal auditors have a variety of functions. However, they aren’t always clearly defined, since nowadays their roles have been incorporated into broader business strategies, such as advising on mergers and acquisitions, rather than just compliance. Executives agree that they need to better define the role of an internal auditor in…

  • Credit Card Companies Face Challenges Collecting Debt

    Credit card companies have been facing challenges with debt collecting, much like the big banks have. The main problem is with the lawsuits being filed against consumers. Most of the paperwork filed against consumers is incomplete or inaccurate. “I would say that roughly 90 percent of the credit card lawsuits…

  • Never Say This to Clients…

    Be mindful of the words you say in business. They are a critical form of communication when dealing with current or prospective clients. If you slip and say the wrong thing, the results can be quite deadly. Here are some tips to keep you communicating effectively.

  • A Personality Test for Entrepreneurs

    Want to know what kind of entrepreneur you are? Apparently there are several types, according to a psychological survey called EAT (Entrepreneurial Aptitude Test). The test can determine which of the four key traits (heart, guts, smarts or luck) are more dominant in you.

  • Cybersecurity Risks for Mobile and Cloud

    With the growth of mobile devices and cloud computing also comes the increase in cybersecurity risks for CPA firms. As a result, it’s crucial to know what those threats are and what steps can be taken to reduce risks and prevent a data breach.