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Hi, Website Visitor. Here are your Articles for May 27, 2008.
Wash Sale Rule Extended to IRAs

The IRS has finally issued the definitive word on "wash sales" inside an IRA.
Basic premise: Normally, if you incur a loss on the sale of a security, you can use the loss to offset annual capital gains plus up to $3,000 of ordinary income. But the wash sale rule prohibits you from deducting the loss if you buy back substantially identical securities within 30 days before or after the sale.

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Step Up to Higher Section 179 Deductions

The Economic Stimulus Act of 2008 increased the annual limits for the Section 179 "expensing" deduction. For 2008, your business can currently write off up to $250,000 of qualified business assets placed in service during the year. Prior to the new law, the maximum deduction was $125,000 (inflation-indexed to $128,000 for 2008).

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Kevin White has been approved by the Governor of Massachusetts to hold a position on the Advisory Board to the South Shore Tri-Town Development Corporation. The Advisory Board reviews the annual reports and annual budgets of the Corporation to prepare comments and make recommendations to the governor, the general court and the towns regarding the health of the Corporation and its redevelopment program at the Former Naval Air Station Base. More information on the South Shore Tri-Town Development Corporation can be found by visiting www.ssttdc.com.


This April, for the second time, Chris Ernest traveled to Juticulpa Honduras to volunteer with the Olancho Aid Foundation, Inc. (
http://www.olanchoaid.org/) for eight days.  Olancho Aid is a Honduran non-profit organization which is dedicated to providing educational opportunities to the youth of Honduras in hopes of helping them improve their community and their country.

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The profit mentality
at your company can make or break your business. Take a cue from GE's recent decision to sell or spin off its 100-year-old appliance division. GE's history illustrates a culture of constant change -- selling and buying various businesses with the ever-present goal of boosting profitability. Here are some tips on how to develop an attitude that can help your company maintain high-margin sales and solid profit
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The possibility of suffering a disability so severe that you are unable to work may seem remote. But serious medical problems are a possibility. Here's an explanation of how an individual disability insurance policy can provide added protection, along with some information about how the benefits are taxed.
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Monitoring e-mail messages and employee online activities may seem like spying, but companies must balance employees' privacy with the risks of legal liability if their staff members abuse electronic mail and Internet privileges. Here are some guidelines for setting up a written policy on acceptable use of online correspondence that can help protect your business from costly litigation.
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Sticky fingers erode profits, create losses -- and in some cases even cause bankruptcy. Be vigilant and you can stop thieves in their tracks. Read the "Full Article" for 18 ways to go about preventing theft of cash, inventory, intellectual property and more.
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O'Brien: Valley's one-time godfather of multimedia is leaving for Ohio
mercurynews.com - Sat, 4 Jul 2009 00:44:18 GMT

Smithfield businesses looking forward to a boost when Fidelity moves 500 jobs to town
projo.com - Sat, 4 Jul 2009 00:27:19 GMT

Government lifts ban on wheat export
rediff.com - Sat, 4 Jul 2009 00:25:29 GMT

USA : At Victory Rally, Al Franken Shouts Out to Labor, Union Health Insurance
labourstart.org - Sat, 4 Jul 2009 00:23:54 GMT

Question for A-B InBev: Where is the second director?
stltoday.com - Fri, 3 Jul 2009 23:39:06 GMT


 

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