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Hi, Friend. Here are your Articles for December 19, 2007.
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Happy Holidays from M&A!

For the upcoming holidays, the McKonly & Asbury offices will be closed on Monday, December 24th and Tuesday, December 25th in observance of the Christmas holiday and on Tuesday, January 1st in observance of the New Year holiday.  The Partners and staff at McKonly & Asbury thank our clients and friends of the firm for continuing to place your confidence in us every day.  We look forward to serving our clients and the community as a whole in the coming year and wish you all a very Merry Christmas, a prosperous New Year, and a happy holiday season! 



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Benefiting from Investment Losses

Investors, have you ever noticed that even in the best of times, not every one of your investments will be a winner?  The reality is that everyone, even Warren Buffet, has some losses.  Investment losses are inevitable.  But they do present an opportunity to lower your tax liability and improve your investment portfolio.  Read on for a few important comments to consider as you address investment losses. 



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M&A Celebrates the Spirit of the Season Through Giving

In today's politically correct world, you can never be sure if it's ok to wish someone a Merry Christmas or Happy Holidays.  But whether you celebrate Christmas, Hannukah, or some other holiday, the idea of giving to one another – especially those most in need – unites us this time of year.  In the spirit of the season, McKonly & Asbury's Service Committee has coordinated several holiday-giving projects, such as our support of the Cancer Recovery Foundation. We share these with you not to boast, but to encourage you to give to these and other worthy causes – as a way of celebrating the holidays. Read on for more details.



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The 2008 presidential campaign season is underway.
Soon, caucuses and primary voting begin across the country. In many workplaces, employees are discussing issues and arguing their political positions. Some employers might want to prohibit political expression because it can cause tension, reduce productivity, and even damage the reputation of the business. And some employees argue there is a legal right to their free speech. What's an employer to do? Click "Full Article."
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For some older homeowners,
reverse mortgage loans make financial sense. But they're not for everyone. Here’s a tip sheet of what you need to know.
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Employee theft
is a serious threat to every business, with the average amount stolen ranging as high as $1,000 a year per employee. In fact, one study shows that 38 percent of employees have already stolen something and one-third say they would steal if they could get away with it. Learn how to protect your company with these simple steps.
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Moonlighting helps
employees with too much month left at the end of their paychecks, but it can cause problems for their primary employers. If you're concerned about the implications for your company and want to draft a moonlighting policy, make sure you follow the law. Here are some guidelines.
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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation.

The drafter of the tax articles in this e-newsletter did not intend nor write the advice to be used to avoid any penalty imposed by a taxing authority, nor may any user/recipient of this document use this document’s written tax advice for that purpose. This document’s tax advice was written specifically to support the promotion or marketing of the transaction/matter addressed by the written tax advice. Therefore, any user/recipient of this document should seek an independent tax professional’s advice regarding the user/recipient’s particular circumstances.

 The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

 

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