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Welcome to the Salmon Sims Thomas Focus for September 4, 2008.
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Timely Opportunities
Labor Day: Build a More Engaged Workplace
Most employers know that some
of their greatest assets are on the personnel roster rather than the balance sheet. But even at the best companies, many employees are just "phoning in" their efforts. That affects productivity and the bottom line. Click "Full Article" for some ideas on how to build a more dedicated workforce, and to learn the origins of the Labor Day holiday.
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401 (k) Plans & IRAs
Basic Steps for Your 401(k) Plan
For many employees,
401(k) plans are becoming the only retirement option available. This means you need to be actively involved in the plan's investments and manage your contributions. Click "Full Article" for five sensible strategies to help ensure your account stays in good shape.
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Business Tax
Stamp Out Tax Protesters at Your Company
Illegal tax protestors
may wind up working for you and calling unnecessary IRS attention to your company. One common tactic that protestors use is to file fraudulent W-4 forms with their employers so they don't have any tax withheld from their wages. Some employees have even given their companies phony -- but official looking -- forms in an attempt to avoid withholding. Here's what to do if you're confronted with this issue.
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Personal Tax
Trade Your Split Stock For The Best Tax Result
When you sell shares of stock
after a split, make sure you can tell the IRS
which
shares you're selling and
when
you originally purchased them. If you don't keep accurate records, you might pay too much tax on your profit.
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