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Hello, Website Visitor. Here are your articles for July 23, 2008.
Stambaugh Ness Announces Two Promotions

   
Senior Accountant Emily Schneider
and Supervisor Hunter Mink, CPA

Emily Schneider and Hunter Mink, CPA have been promoted to Senior Accountant and Supervisor, respectively. We congratulate them on their achievements! You can read more about Emily and Hunter in the Full Article.

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Changes on Tap for Form 5500 Filers

If your company has employee benefit plans, and is required to file IRS Form 5500 annual reports, you must cope with complex new requirements beginning in 2009. This filing informs the federal government about the financial condition, investments, and operations of benefit plans on an annual basis.

Here - from Stambaugh Ness Manager Alicia D. Schmiedel, CPA - are some of the highlights of the new rules associated with Form 5500 filing.



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How to get More from Your QuickBooks Software

Don't miss out on our August QuickBooks seminars!

You will learn how to use your software for processing payroll, tracking receivables and accounts payable, estimating and progress billing, tracking time, setting up inventory and troubleshooting.

The
Full Article has details including links to online registration forms.



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PAUL'S CORNER - How to Help Employees Build Wealth

Employees should be feathering their retirement nests,
 but studies show that most Americans aren't saving enough.

The Department of Labor has a program called "Saving Matters" to encourage employers and employees to begin the process while they are still young.

Paul Brick, CFP® of Stambaugh Ness Financial Strategies, tells in the Full Article how to find out one way your company can share this information with employees.



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Save the Date for September 25th AEC Seminar

The Stambaugh Ness Archtectural, Engineering and Construction (AEC) Industry Niche will partner with nationally-known ZweigWhite to present a half-day seminar at York's Sovereign Bank Stadium. The event, set for the morning of Thursday, Sept., 25 will focus on "Growth in Today's Economy" and will feature both Stambaugh Ness and ZweigWhite presenters.

More information and registration details will be available soon. The Full Article link will take you to the AEC Industry services offered by Stambaugh Ness.



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COMMUNITY SERVICE - SN Volunteers assist with Convoy of Hope

 

Chip Hayden and Ken Saxe, of Stambaugh Ness Business Solutions, joined 675 other volunteers from 30 churches to assist with York's Convoy of Hope this past Saturday. 

Pictured here is the Convoy of Hope truck that brought 30,000 pounds of groceries to more than 3,000 area residents who also benefitted in other ways, according to the Full Article.

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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.
Copyright © 2008

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Working extra hours is hard on everyone 
and can disrupt employees' lives as well as productivity in the workplace. Here are eight simple steps that can help ease the stress and show your staff you care.
Copyright © 2008

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It's a juggling act to extend credit in order to boost sales, get customers to pay on time and track your company's efforts to ensure that bad debts don't reach a point where they start to erode profit gains. Here are three tools to help prevent your company's accounts receivables from turning into a credit nightmare.
Copyright © 2008

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JD Wetherspoon FY08 profit down; August like-for-like sales up 1.1%; proposes lower dividend - Update
rttnews.com - Fri, 5 Sep 2008 09:44:30 GMT

Prices for new vehicles fall at fastest rate ever, say JPMorgan analysts
thenewstribune.com - Fri, 5 Sep 2008 09:37:04 GMT

Govt Slammed Over Fuel 'Disgrace'
sky.com - Fri, 5 Sep 2008 09:36:03 GMT

Lehman could move $32 bln of assets to new company: report
marketwatch.com - Fri, 5 Sep 2008 09:33:24 GMT

GM plant's future uncertain
lansingstatejournal.com - Fri, 5 Sep 2008 09:33:14 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.

IRS Circular 230 Notice: To ensure compliance with requirements imposed by the IRS, we inform you that any US tax advice contained in this communication is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code.

Securities and advisory services offered through Geneos Wealth Management, Inc. Member FINRA/SIPC. Geneos Wealth Management, Inc is not affiliated with Stambaugh Ness.

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