Author: admin
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New Tax Break for Small Businesses
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President Barack Obama yesterday urged Congress to pass a bill that would give a 10 percent tax credit to small businesses that create new jobs or increase wages this year. You can preview this proposal by President Obama on this recent video address: http://www.whitehouse.gov/blog/2012/05/11/weekly-address-congress-must-act-do-list
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AICPA Introduces Total Tax Insights Calculator
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Understanding taxes, their current laws, regulations, and obligations can be rather tedious, time consuming, and confusing for many taxpayers. On Tuesday, the AICPA released an online tool, the Total Tax Insights Calculator, which provides “U.S. taxpayers a clearer, more complete picture of their estimated total federal, state, and local tax…
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Prepare Now for Clarified Audit Standards
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With audit season ending, it’s time to start the transition to the clarified audit standards, which are effective for calendar year 2012 audits. Follow these important steps to prepare for the new standards thus minimizing the transition’s effect on your firm and clients.
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The Largest Increase in Jobs Since 2008
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The Labor Department stated today that the number of job openings increased to 3.74 million this month, a 172,000 increase from March’s 3.57 million.
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Mark Zuckerberg the Ace CEO
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Mark Zuckerberg, referred to as the “Billionaire Boy-Man,” has become the kind of leader that makes wall street tremble. Although young and extremely inexperienced in Facebook’s infancy, Zuckerberg has proven he’s more than capable to lead a multi-billion dollar enterprise. “When early mistakes risked an employee mutiny, Zuckerberg knuckled down…
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Auditors Urge Congress to Keep SEC
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The American Institute of CPAs (AICPA) yesterday slammed the Investment Adviser Oversight Act of 2012. The bill would transfer oversight of investment advisers from the SEC to a self-regulatory organization (SRO).
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Report States Priorities Are Changing for Internal Auditors
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According to a recent report by the Institute of Internal Auditors, there are five sought after skills companies now expect of internal auditors. The profession is evolving with more importance stressed in these areas. Furthermore, as businesses try to add value to their organization they aren’t just focusing primarily on…
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10 Ways to Get Customers to Open Their Email
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It takes seconds for your prospects to trash your email. If you want your emails to survive the garbage heap, they must be compelling, personal, and real…just to name a few. These 10 tips can help you get your prospect’s attention.
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The 10 Mistakes that Could Get You Sued
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Sometimes you may have to pay dearly for being the nice guy in business. Some of these common “niceties” could cost you dearly. The California Chamber of Commerce has produced a white paper cataloging the top 10 mistakes most likely to get a company sued.
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Who Gets the Child Tax Breaks After a Divorce
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For tax purposes, a child is usually treated as “belonging” to the parent who has custody for the greater part of the year. That parent is called the custodial parent. The other parent is called the noncustodial parent. The general rule says that only the custodial parent can claim the…