Last Chance to Qualify for the 2011 Retention Credit

There are two tax incentives to induce businesses to hire, during 2010, individuals who have been unemployed for at least 60 days.  The first incentive exempts the employer from the matching 6.2% Social Security payroll tax on a qualifying employee’s wages for the remainder of 2010. The second incentive is a Retention Credit, available on […]

The 9 Benefits of Tax Planning

Planning Strategy – A Matter of Timing Planning strategy is often built on two basic timing precepts: Rule 1 – Generally, payment of tax owed on income transactions should be postponed as long as possible provided no penalty is incurred or there is not a pending law change that would adversely affect you.When you postpone […]

10 Questions To Ask About Your Business?

Were my total sales up or down last month? And were they designated by sales category? You need to know: If your sales are up, you’ll need extra cash to buy replacement inventory. If your sales are down. you’ll want to pull back on inventory purchases. Sales increases in a category can mean a new […]