We’ve been posting information and commentary to our website’s blog as we come across items and issues we think you might find useful or interesting. We invite you to visit our website or set up an alert or RSS feed for new postings as we bring them to you. Here are some recent highlights.
Employers May Be Overpaying Payroll Taxes
Businesses who hire previously unemployed workers may be able to reduce their payroll tax deposits by 6.2% of each new hire’s wages. The exemption could be a windfall to seasonal employers. Read more…
Die Tax Free
In 2010 the Federal estate tax is repealed for one year. (Tennessee still imposes inheritance tax on estates of more than $1 million.) The death of Houston’s richest man has spotlighted the cost of Congress’s inaction on the estate tax. As a result, the Treasury is unable to collect transfer taxes on the estate of Dan Duncan, estimated by Forbes at nine billion dollars. Read more…
Fraud & Embezzlement
In tough economic times, hard-pressed workers steal from their employers in greater numbers. Workplace fraud is an age-old problem in all types of businesses. Small businesses are especially vulnerable to occupational fraud because internal controls often are not robust enough and because various duties must be combined and carried out by the smaller staff. Read more…
Combine Business & Pleasure on Vacation
Being the committed businessperson you are, you may be thinking of combining business and pleasure on your vacation trip. The Tax Code might help by making part of the trip deductible. Read more…
Summertime is a good time to talk with us about your business. We can listen and understand your business and your goals. We can help you make better decisions to achieve those goals. We would be happy to hear from you.
If you are happy with us, please pass it on. When you refer your friends to us, you pay us the highest compliment. We will repay it by doing our best to demonstrate that your confidence is well-founded.
