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April 29, 2008
 Glossary: | #ABCDEFGHIJKLMNOPQRSTUVWXYZ |
 Timely Opportunities  
Cut Fuel Costs to Help Weather the Economic Storm  
Gasoline prices are at record highs with the nationwide average cost-per-gallon hitting $3.57 last week. That makes fuel a prime target for cost-cutting. Here are some smart ways your company can help boost its bottom line by taking smart driving and vehicle maintenance steps.

 What is the most expensive state to buy gas? Which passenger vehicle is the most fuel-efficient? Click "Full Article"  

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 Business Tax  
Know the Ins and Outs of 'Reasonable Compensation'  
The IRS sometimes challenges the compensation
of corporate shareholder-employees and decides the amounts are too high or too low. If auditors determine your salary is unreasonable, you company could be hit with back taxes and penalties. Here are two cases of taxpayers who contested IRS salary determinations in court, along with some ways to justify a reasonable salary.  

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 Personal Tax  
Age Has its Privileges ... and Penalties  
Reaching certain ages can result in the need to make some tax and financial moves. Miss certain deadlines and you might lose out. Take a look at some age-related milestones that are important to you and your family members. 

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Baden Business News is provided with the understanding that it does not provide an accounting, tax or legal service. Contact a qualified professional with any questions or concerns about the information presented in this newsletter to investigate how it may apply to your specific situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer.

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