Hi, Website Visitor. Here are your Articles for January 23, 2008.
Rea & Associates, Inc. Announcements
Richard Rea's Ingredients for Business Success
I recently discovered a manuscript in the Rea archives entitled "The Eleven Ingredients of Business Success." The manuscript was penned by our founding partner, Richard C. Rea, CPA.
The Federal Reserve cut a key interest rate as President Bush and top lawmakers were seeking quick agreement on a plan to pump about $150 billion in tax cuts and government spending into the ailing economy to head off a recession.
The IRS completed a significant overhaul of the reporting form tax-exempt organizations are required to file each year. This redesigned Form 990 was released in December 2007; six months after the IRS introduced a draft version of the form and solicited comments from the public.
This Simple QuickBooks Trick can Save you Hours of Frustration
Has this ever happened to you? All accounts need to be reconciled, Accounts Payable and Receivable reports need to be reviewed, inventory needs adjusting and finally everything is perfect as of December 31st. Then you make a backup and send it to your accountant. Sounds simple, right? Not exactly, unless you remember this easy five second tip that can save you hours of frustration.
We take great care in the preparation of our articles and announcements. We also have a process of reviewing articles when major changes take place. The business, legal and tax climate is constantly changing especially when reviewed on an industry basis.
It may be very important to consult with us or your Investment Advisor before implementing ideas contained in articles and announcements. Many ideas have complexities and nuances that cannot be adequately detailed in the articles or announcements. We are not responsible for errors, misinterpretations or omissions related to these articles or announcements. Nor are we responsible for the applicability to your personal, business or tax situation.
Pursuant to Circular 230 promulgated by the Internal Revenue Service, if this email, or any attachment hereto, contains advice concerning any federal tax issue or submission, please be advised that it is not intended or written to be used, and that it cannot be used, for the purpose of avoiding federal tax penalties unless otherwise expressly indicated.
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