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Hello! Here are your articles for July 22, 2008.
 Glossary:  A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
IRS Imposes New Reporting Requirements on Not-for-Profits

The IRS is paying more attention to not-for-profits following reports of some organizations paying excessive compensation to certain directors, participating in tax shelter schemes and engaging in other improper transactions. As a result, the tax agency has increased the reporting requirements for IRS Form 990, which must be made available to anyone from the general public upon request. Here is a look at the many changes and how they affect organizations.

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Tax Relief for Victims of Floods and Storms

 
There's a saying that nothing is certain but death and taxes. But even the IRS has to bow occasionally to Mother Nature. During May and June, many states have been ravaged by storms and flooding, making it difficult or impossible for residents to meet tax deadlines. Here is the IRS relief available.

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In today's sluggish economy, many employees are breaking into their 401(k)s or other retirement plans. But they should be aware of the tax consequences and the implications these actions can have on the future of those funds. Read the "Full Article" for answers to frequently asked questions about how much employees can borrow, the deductibility of interest, the difference between a hardship withdrawal and a loan, and other issues to consider before they tap this money.
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Take a look at your sales staff. You'll probably find it consists of a few superstars -- those who bring in large amounts of high margin sales -- and several others who perform adequately. Here are eight steps to brighten your business universe with more stars.
Copyright © 2008

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What makes your company stand apart from the competition? By capitalizing on your strengths, or unique selling proposition, you can draw more customers with your marketing efforts. Here are the questions you need to answer to develop your USP.
Copyright © 2008

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Credit jitters, higher oil hits futures
news.yahoo.com - Thu, 21 Aug 2008 12:44:33 GMT

 Lone Star to buy subprime victim IKB
ft.com - Thu, 21 Aug 2008 12:41:09 GMT

 Japan July trade surplus nose dives
politicalgateway.com - Thu, 21 Aug 2008 12:39:47 GMT

 Australia beats Hungary 12-11 in bronze shootout
sfgate.com - Thu, 21 Aug 2008 12:38:34 GMT

 Oil climbs on shrinking gas supplies
cnn.com - Thu, 21 Aug 2008 12:37:49 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 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.

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