Capital losses as a strategy

Now in this time of year end tax planning you should be looking at the possibility of selling some financial losers in order to trim your tax bill. Remember capital losses can be used to offset your gains.  You are also allowed to deduct up to $3,000 of other income....

2013 Milage Rates

Beginning on Jan. 1, 2013, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 56.5 cents per mile for business miles driven 24 cents per mile driven for medical or moving purposes 14 cents per mile driven in service of...

Beware…Dividends

As the year starts its journey towards the end, many are looking to invest or shelter some money from taxes.  But when purchasing you need to be wary if you buy a mutual fund late in the year. If it pays a dividend in 2012 after your purchase, you owe tax on the...

Employee Theft

Planning on adding extra help for the holidays? It makes sense to keep your guard up. Most thefts and scams at companies are inside jobs.  The busy holiday season along influx of seasonal workers make businesses of all sizes more vulnerable. The typical suggestions...

Employee Handbooks

Does your business have an employee manual?  I am aware of more businesses that I should; that do not.  But now we have an interesting twist. So, now employee handbooks are under scrutiny by the National Labor Relations Board.  They recently ruled that certain...

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