Full Newsletter   Newsletter Archives

  About Us   Business Solutions   Leadership   News   Contact Us   



Click for more info

Click for more info



Click for more info
Hi, Website Guest. Welcome to the April 30, 2008 edition of KAF e-Resource
DOR Error with Electronic Extension Payments

It has recently come to our attention that the Department of Revenue (DOR) has made an error with 473 taxpayer's extension payments.   We sincerely hope that none of our clients are affected by this error but in case you were, we wanted to keep you informed.  The DOR debited bank accounts twice for some taxpayers who had made their extension payments electronically.  Please read the following release from the DOR. 

If you need assistance with this matter please call Cathy Foley or Popi Barrett at 781-356-2000.



 Full Article    Save Article  
 Email KAF  
Tax Records: What Can You Throw Away Now?

Get out the paper shredder! If you met the April 15 deadline and filed your tax return last week, you can clear away some of the paperwork cluttering up your files. But save essential records that can protect you during an IRS audit -- or help you collect a future refund. Click "Full Article" for a handy reference guide to the business and personal tax records you need to retain -- and how long you need to keep them.

 Full Article    Save Article  
 Email KAF  
Staying Calm During Market Volatility Can Help You Come Out a Winner
Don't panic. That is the general advice for investors who have just gone through an extremely volatile stock market quarter. Fear of losses can send investors away from a sound investment strategy. Click "Full Article" for a discussion of how market timing can hurt your investment returns, as well as three common, long-term strategies that may provide greater financial rewards.

 Full Article    Save Article  
 Email KAF  

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"
Copyright © 2008

 Full Article   Save Article   
 Email KAF   Get Trade Pubs

   
When dividing assets in a divorce case,
a valuator must determine the value of any goodwill in a business. Take a look at one court case involving a medical practice that addressed the subject.
Copyright © 2008

 Full Article    Save Article
 Email KAF    Get Trade Pubs
If your business sponsors a retirement plan,
you must invest prudently and stay in compliance with numerous complex federal requirements. If you don't follow the rules, the IRS could disqualify your plan. Here are some steps to help keep you from falling into a costly noncompliance trap.
Copyright © 2008

 Full Article    Save Article  
 Email KAF    Get Trade Pubs
The longer you can shelter money
in a qualified retirement plan from taxes, the larger the account can grow. But if you inherit money from a qualified plan owned by someone other than your spouse, you may receive a taxable distribution that ends the shelter. Fortunately, a law passed in 2006 provides some new options for non-spouse beneficiaries that allow them to defer paying taxes on large inherited distributions. Take a look at the rules and who can benefit.
Copyright © 2008

 Full Article    Save Article  
 Email KAF    Get Trade Pubs
Unsinkable economic ship? One lookout saw this iceberg coming
thenewstribune.com - Sun, 12 Oct 2008 15:31:19 GMT

France to create agency for capitalizing banks: report
marketwatch.com - Sun, 12 Oct 2008 15:28:00 GMT

Efforts on global warming chilled by economic woes
wtopnews.com - Sun, 12 Oct 2008 15:27:19 GMT

UAE facing second-round effects of faster inflation, Central Bank Governor says
gulfnews.com - Sun, 12 Oct 2008 15:00:24 GMT

A chat with CIA chief-turned-venture capitalist R. James Woolsey
mercurynews.com - Sun, 12 Oct 2008 14:53:44 GMT


 
Click for more info

  No saved articles.
 
Click for more info

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. 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. 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.

10 Forbes Road West Braintree, MA 02184