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Hi, Friend. Here are your Articles for June 18, 2008.
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 The Treasury Department has now sent out over 9 million stimulus payments totaling more than $7 billion. With about a month to go until most Americans have received their payments, we asked, in last week's newsletter, what you were spending your stimulus payment on. By most accounts, the payments are starting to have an impact on the economy, particularly in the retail sector, where sales grew 1% last month. A better measure will come over the summer when the government releases data on second-quarter gross domestic product. As for what you, our readers are doing, read on for some of the responses we received to our question. |
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The drafter of the tax articles in this e-newsletter did not intend nor write the advice to be used to avoid any penalty imposed by a taxing authority, nor may any user/recipient of this document use this document's written tax advice for that purpose. This document's tax advice was written specifically to support the promotion or marketing of the transaction/matter addressed by the written tax advice. Therefore, any user/recipient of this document should seek an independent tax professional's advice regarding the user/recipient's particular circumstances.
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McKonly & Asbury, LLP is once again proud to sponsor the annual Central Penn Business of the Year Awards. These awards honor area companies and business executives for their exceptional roles in helping our business community to grow and prosper. The Central Penn Business Journal is now accepting nominations for this year's awards. Read on for more details and information on how to submit a nomination. 
We are proud to highlight an upcoming seminar that the National Business Institute (NBI) will be holding on September 8, 2008, which will feature one of McKonly & Asbury's own! 
The IRS is always on the lookout for taxpayers who try to deduct losses on personal pursuits. However, that doesn't mean you can't enjoy a sideline business. Here are five recommendations for transforming your hobby into a business so you can generate a treasure chest of tax deductions.
Profits aren't the sole province of your company's accounting staff or your chief financial officer. Each department contributes to the bottom line in one way or another and it's critical that all your employees understand how each area of the company accomplishes that. Click "Full Article" for some profit-boosting suggestions and how to get everyone more involved in the process.
