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Hello, Website Visitor. Here are your articles for September 24, 2008.
How to Prepare for New 403(b) Auditing Requirements


Nikki Hoffman

Not-for-profit organizations
with 403(b) retirement plans are facing extensive new reporting and auditing requirements, starting in 2009. The Labor Department estimates that about 7,000 plan sponsors will be affected.

Shareholder Nikki Hoffman, CPA shares here the four key components of the changes involving financial statements, the records of participants and more.

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IT INSIGHTS - Are You Sick Of Spam?


Chip Hayden

Many of our clients have indicated they are frustrated with the large quantity of anonymous e-mails they receive in their inboxes. The good news is there is something you can do about the proliferation of this spam.

Director of Information Technology Services Chip Hayden suggests a solution in this article.

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16 Steps to an Improved Credit Score

 
If you have a questionable credit score, there are many steps you can take to improve the situation. It doesn't always have to involve a pair of scissors and a trash can.

The Full Article will give you an idea of where to start.


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We Have Answers for Your Family Business Questions

Are you concerned
because your children who work in the family business are not making equal contributions, yet they're being treated equal financially? Are you lacking a succession plan? These issues could threaten your company and your family. For other important family business questions to consider, click Full Article.

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Taxpayer Trends in IRS Statistics

Interesting new trends
about individual and business taxpayers have been revealed in statistics released by the IRS this year. Read here what has changed, and check out a chart revealing what the average taxpayer deductions are for medical deductions, interest, charitable contributions and state/local taxes.

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Make Sure the New Mrs. Gets this Message

Question:
  This is a busy time of year for weddings. If a female employee gets married and asks you to start issuing paychecks in her married name, what are the record-keeping responsibilities of your business?

Click Full Article for the answer.



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The recent turmoil
at a number of famous financial institutions has caused some investors to worry about the safety of their assets. What kind of federal insurance protection is available if your bank or credit union fails? Is your money market mutual fund safe? What if your brokerage firm closes due to bankruptcy or other financial difficulties? Will you get your money and assets back? Click "F
Copyright © 2010

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Retaliation lawsuits used to be rare but now they make up a large percentage of the legal workload of the Equal Employment Opportunity Commission (EEOC). Limit your chances of winding up in a costly court battle by forging a strong policy. Here's what you need to know to help keep your company away from a jury that is unlikely to be sympathetic.
Copyright © 2010

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Contracts require precision and clarity, and the more complex the deal, the greater the chance of ambiguity that could lead to a legal dispute. Click "Full Article" for some basic tips about drafting binding agreements and some common special provisions you may want to include.
Copyright © 2010

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Expecting a Greek Bailout, Stocks Rise
nytimes.com - Tue, 9 Feb 2010 18:50:46 GMT

Harman shares soar on return to profit
marketwatch.com - Tue, 9 Feb 2010 18:50:20 GMT

GM unveils plan for Opel
lansingstatejournal.com - Tue, 9 Feb 2010 18:50:12 GMT

ADP names Symantec CEO to its board
seattletimes.com - Tue, 9 Feb 2010 18:49:19 GMT

Wall Street rallies on possible life raft for Greece
japanherald.com - Tue, 9 Feb 2010 18:47:17 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.

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