Hi, Website Visitor. Here are your Articles for July 1, 2009.
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Hood & Strong, LLP's News
Sarbanes-Oxley: Find a Silver Lining in Compliance
Although companies have found that complying with the Sarbanes-Oxley Act can be time-consuming and costly, many of them have discovered some unexpected benefits. Conducting SOX Section 404 audits can actually create a strong foundation for long-term business value. Compliance has been the catalyst for improved IT systems, reduced inefficiencies, and other enhancements that have helped companies become more competitive. Click Full Article for details.
Members of Congress have historically written laws involving the minimum wage, but in the new "bailout" law, they deal with compensation at the other end of the pay scale. Lawmakers put tax restrictions on executive compensation and golden parachutes received by senior executives at financial institutions that are bailed out by Uncle Sam. But critics say the new rules don't go far enough. In addition to the compensation provisions affecting troubled companies assisted by the federal government, the Emergency Economic Stabilization Act of 2008 puts new tax restrictions on offshore deferred compensation transactions. Click "Full Article" to see how executive pay is changed by the new law.
Many companies are unaware that their retirement plans have problems until they are audited by the IRS or investigated by the Department of Labor. However, by self-auditing your plan with the help of a our firm, you can identify and correct any problems before the federal government initiates an investigation. Click Full Article for six areas that can get your company in trouble.
The online social network Twitter began as a way for friends to stay in touch, but has quickly moved into the business mainstream. If you ever wondered if Twitter is a valuable marketing tool -- or a waste of valuable time -- here are some examples of businesses that have leveraged the power of the service. Also included are tips on how you can use the service to help promote your organization.
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Members of Congress have historically written laws involving the minimum wage, but in the new "bailout" law, they deal with compensation at the other end of the pay scale. Lawmakers put tax restrictions on executive compensation and golden parachutes received by senior executives at financial institutions that are bailed out by Uncle Sam. But critics say the new rules don't go far enough. In addition to the compensation provisions affecting troubled companies assisted by the federal government, the Emergency Economic Stabilization Act of 2008 puts new tax restrictions on offshore deferred compensation transactions. Click "Full Article" to see how executive pay is changed by the new law.
The online social network Twitter began as a way for friends to stay in touch, but has quickly moved into the business mainstream. If you ever wondered if Twitter is a valuable marketing tool -- or a waste of valuable time -- here are some examples of businesses that have leveraged the power of the service. Also included are tips on how you can use the service to help promote your organization.
Are you driving a clunker? You may love your vehicle, but if it gets less than 19 miles to the gallon, the federal government would like to see it taken off the road. But don't be alarmed, you could wind up with a new vehicle and save as much as $4,500 in government rebates in addition to dealer and manufacturer incentives. You'll need to act fast, but if your vehicle qualifies, this could be a great opportunity for a low-cost upgrade.
Your business name is critical to your company's success and you want to be sure you have the legal right to use it. The Internet has led companies to discover they share a name with an enterprise in another state, and that can create a problem. Click "Full Article" for the trademark facts you need to know to ensure you're not accidentally trampling on the rights of other businesses.
Moving your business, even if it's just around the block, creates upheaval and stress and can seem like a major imposition to your employees. To help make the transition more successful - and less costly - involve your staff members from the outset. Here are some tips on how to keep everyone on board with the project.