December 17, 2010
Andrew Presti
Blog Posts
0 CommentsThe House passed an $858 billion package of extended tax cuts and stimulus spending late last night, saving at least hundreds of dollars for nearly all Americans and heralding the first broad bipartisan compromise of the Obama presidency. The 277-to-148 vote was a political victory for President Obama, who made the case for compromise over […]
Read moreDecember 13, 2010Andrew PrestiBlog Posts0 CommentsThe Internal Revenue Service today released final guidance for small employers eligible to claim the new small business health care tax credit for the 2010 tax year. Today’s release includes a one-page form and instructions small employers will use to claim the credit for the 2010 tax year. New Form 8941, Credit for Small Employer […]
Read moreDecember 13, 2010Andrew PrestiBlog Posts0 CommentsDeficit reduction is the hot topic in Washington with reports already released by the President’s bipartisan deficit commission and the bipartisan Rivlin-Domenici Debt Reduction Task Force. Co-chaired by former Congressional Budget Director Alice Rivlin and former Senate Budget Committee Chairman Pete Domenici, the task force’s mid-November proposals are the most far-reaching to date, with specific […]
Read moreDecember 13, 2010Andrew PrestiBlog Posts0 Comments‘Tis the season when tech writers everywhere start compiling their year’s-end Top 10 Lists. When they turn their attention to iPhone apps, this is especially useful because it helps to know which ones among the hundreds of thousands can really save money and time. Most apps listed below, except where noted, offer versions for iPhone, […]
Read moreDecember 13, 2010Andrew PrestiBlog Posts0 CommentsBased on a new tax law that takes effect in 2011, nowis the time to become familiar with cost basis. Although inaccurate reporting can lead to dire consequences, the new law has as much to do with improving the conversation with your financial advisor as it does with getting the numbers right. What is cost […]
Read moreDecember 13, 2010Andrew PrestiBlog Posts0 CommentsPre-Thanksgiving economic data gave investors an early opportunity to embrace the Season of Good Cheer. Fears of a recessionary double-dip diminished as data from the Commerce Department was revised upward and first-time unemployment benefit filings were lower than predicted. This improving economic picture helped boost the consumer discretionary and industrial sectors as investors snapped up […]
Read moreDecember 13, 2010Andrew PrestiBlog Posts0 CommentsWho needs another fruit basket, a stale fruitcake or a logo-branded pen? Probably not your clients and customers, especially if you want your gift to have a lasting impact. While that 12-pack of Florida oranges seems like a nice gift, how much does it speak to the relationship you have with your customers – and […]
Read moreDecember 13, 2010Andrew PrestiBlog Posts0 CommentsThe climate of our economy has brought a great deal of attention to investing in renewable energy systems and going green. With an opportunity to stimulate the economy and increase jobs, this concept is receiving a stronger drive than ever. Many companies and retailers, including Google, Wal-Mart, Target and Kohl’s, have already announced plans for […]
Read moreDecember 10, 2010Andrew PrestiBlog Posts0 CommentsIn the wake of fierce debate over tax cut extensions, the White House is considering a push for a massive overhaul of the income tax code. The effort could take years but offers some hope of bipartisan cooperation after years of congressional gridlock.”The objective,” The New York Times’ Jackie Calmes reports, “is to rid the […]
Read moreDecember 09, 2010Andrew PrestiBlog Posts0 CommentsSenate Democratic leaders are moving forward with a vote as early as this week on President Barack Obama’s tax deal with Republicans, brushing past a rebellion in their party. Senate Majority Leader Harry Reid said he hopes to bring the measure to the floor today or tomorrow, a signal that Democratic leaders are close to […]
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