June 12, 2011
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Tips for Improving Your Cash Flow
No business can survive for long without a positive cash flow – that is, more cash flowing in than flowing out. This is probably the top reason a business fails. In times of an economic downturn, you must be aware of your company’s current cash situation and take the necessary steps to repair and improve […]
Read more- June 12, 2011
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States Eye Online Sales Taxes to Help Close Budget Gaps
Mining Online Revenues With many states facing revenue shortfalls, there is a renewed intensity over how state governments can collect sales taxes from online retailers. New York, Illinois and other states have already passed legislation requiring online sellers with a presence in their states to collect sales taxes from residents. Clicking Through While the legislation […]
Read more- June 10, 2011
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Fed: Economy still chugging along
June 8th, 2011 The Federal Reserve’s Beige Book is a little less blah about the economic recovery than most recent reports. Despite a few signs that economic growth is slowing, the report covering the Fed’s 12 districts reported the recovery is actually chugging along at a solid pace. “Reports from the twelve Federal Reserve Districts […]
Read more- June 09, 2011
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IRS goes kinder and gentler in disclosure initiative, still has fangs
June 8th, 2011 The IRS seems to be pulling out the stops to encourage more taxpayers to come clean and join its 2011 offshore voluntary disclosure initiative by the Aug. 31, 2011 deadline. These filings are very complex and have many unintended consequences. For some, joining the program means accepting huge tax bills — a […]
Read more- June 08, 2011
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Tax cuts push debt to new milestone
June 8th, 2011 What a difference a year — and a big tax cut — makes. A recent Treasury report noted that national debt will exceed the size of the economy this year — a first since World War II. A year ago, the Treasury had estimated that notorious record wouldn’t be hit until 2014. […]
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