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Greetings Website Guest! Below is your customized newsletter for May 29, 2008.
Fraud and Embezzlement in the Small Business Environment (Part 2)

By Glenn Carniello, CPA
Although the news has been filled with scandals involving fraud in very large, publicly traded companies, the fact remains that fraud occurs most often in smaller businesses. Understanding some of the ways in which fraud is committed can help small business owners to limit or even prevent it from happening. In the last SLGG newsletter, I introduced the topic of fraud (see "Fraud and Embezzlement in the Small Business Environment (Part 1") Read Part 1  Read part 2...

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New CFF Forensic Accounting Credential to be Launched By AICPA in Fall

In the fall, the governing Council of the AICPA will launch a new CPA specialty credential in forensic accounting (CCF) which will combine specialized forensic accounting expertise with the core knowledge and skills that make CPAs among the most trusted business advisors. SLGG is one of the largest CPA
firms headquartered in Southern California, offering a dedicated and highly experienced forensic accounting, business valuation and litigation services practice. Read more...

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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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Habitat for Humanity offers salvaged and donated materials at deep discounts. It's a way to provide savings for some construction firms and tax deductions for others. Here are the basics of the program.
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Make a choice: Encourage positive thinking among your employees and increase your company's profit potential or let your managers be cynical and run the risk of missing some incredible opportunities. To really understand how negative thinking a can hurt your company's strategy and bottom line, take a look at these unbelievable examples.
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Fancy new equipment sure can be appealing, but is it really necessary? Ask yourself how often you've bought some only to turn around and say: "Oops." Click "Full Article" for some guidelines to help you buy office machinery that meets your company's needs without breaking the bank, as well as a few tax saving tips.
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Essay: No Rest for the Wealthy
nytimes.com - Mon, 6 Jul 2009 00:45:10 GMT

 Third train fatality reported in Oakland area
sfgate.com - Mon, 6 Jul 2009 00:39:43 GMT

 Economy unites generations; Parents, grandparents live together to make ends meet
deseretnews.com - Sun, 5 Jul 2009 23:50:46 GMT

 China reassures on dollar debate before G8
news.yahoo.com - Sun, 5 Jul 2009 23:50:04 GMT

 Walt Disney Monorail Crash kills 21-year-old pilot
ibtimes.com - Sun, 5 Jul 2009 23:46:29 GMT
 
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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of 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.

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