| Hi, Website Visitor. Here are this weeks ' best practices ' articles from Wertz & Company. Please contact us with questions. |
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| Employee Reviews Are Opportunities You Should Not Miss |
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Annual employee reviews sometimes get a bad rap. They can be time-consuming, distracting, and may require supervisors to confront problems they would rather avoid. But if handled properly, annual reviews can provide opportunities for both sides to improve performance. Here are six steps to consider in the process. |
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| Keep Your Profit Centers and Shed the Rest |
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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
Copyright © 2009 |
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| Turning Down An Inheritance |
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What happens if you're trying to reduce the size of your estate and then find out you're in line for a large inheritance? You may be able to legally refuse the bequest and still keep the money in the family with this technique.
Copyright © 2009 |
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| Avoiding Tax on Vacation Home Sales |
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INACTIVE -LAW CHANGE As you know, the home sale rules are much more generous than they used to be. If certain requirements are met, you can exclude up to $250,000 of gain from the sale of a principal residence ($500,000 for married couples filing jointly). Unfortunately, vacation homes don't qualify. But here are two ways to avoid tax on the gain of your second residence - plus details on a special tax break for vacation homeowners and the tax rules for timeshares.
Copyright © 2009 |
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