| Hi, Website Visitor. Here are this weeks ' best practices ' articles from Wertz & Company. Please contact us with questions. |
| Wertz & Company Announcements |
|
| New Immigration Regulations Put on Hold for Now |
|
|
You may be wondering what happened to those tougher new rules announced awhile ago regarding employment of illegal immigrants. The rules, designed to beef up enforcement of immigration laws, were scheduled to begin taking effect in September of 2007. For a reminder of the changes and to find out why they have not been implemented, read the "Full Article." |
|
|
|
|
| Is Your Favorite Charity Tax-Exempt? |
|
Q. Americans like supporting charitable causes ... and receiving tax deductions in return. But if an organization runs afoul of tax laws and regulations, it could jeopardize its tax-exempt status and donors' tax deductions. Which of the following can cause an agency to owe taxes, or have its tax-exempt status suspended or revoked?
a. A children’s charity displaying a political candidate's posters in its windows. b. A group publishing material for a foundation suspected of having ties to terrorism. c. An agency for the prevention of animal cruelty receiving significant income from pet boarding and grooming services. d. All of the above. |
|
|
|
|
| New Law Provides Two Important Business Tax Breaks |
|
By now, you've probably heard about the new federal law that will be providing tax rebates to qualified individuals, beginning in May. But the Economic Stimulus Act also includes valuable new tax breaks for businesses on qualifying equipment and vehicles that they purchase. Click "Full Article" to find out which businesses are eligible, how much they can claim and what type of asse Copyright © 2009 |
|
|
|
|
| Can You Have Too Much Money in Tax-Deferred IRAs? |
|
Deferring taxes to the maximum extent allowed is usually the smart course of action, according to conventional wisdom. That means keeping as much money as possible in accounts such as traditional IRAs for as long as possible. But for some people, deferring taxes to the max is no longer be productive given the current tax rate outlook. Click "Full Article" to learn why you can have too much tax deferral in some cases, as well as alternative savings strategies that can help you keep mo Copyright © 2009 |
|
|
|
|
| Latest Business Headlines |
|
|