September 22, 2010
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Expiring Bush tax cuts
Tax cuts enacted in 2001 and 2003 are to expire in January unless Congress renews them. The highlights: • Income tax rates were reduced, to a bottom rate of 10 percent and a top rate of 35 percent. If the cuts expire, the bottom rate would increase to 15 percent, the top rate would rise […]
Read more- September 21, 2010
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6 Figures to Financial Success
The Greek philosopher Pythagoras is reported to have said, “Numbers rule the universe.” Not a surprising observation for a man who was also a mathematician. But even ordinary people are often ruled by numbers on an almost daily basis, whether figuring sales tax, measuring a rug for the living room or baking a cake. We […]
Read more- September 20, 2010
- Andrew Presti
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Senate Passes Small Business Tax Relief
The Senate on Thursday passed the Creating Small Business Jobs Act of 2010 (part of the Small Business Jobs and Credit Act, HR 5297) by a vote of 61–38, and sent it back to the House of Representatives. The bill as passed by the Senate differs from the version the House passed in June, with […]
Read more- September 10, 2010
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Obama to Seek 100 Percent Expensing, Permanent R&D Credit
President Obama is preparing a pre-election push to make the research and development tax credit permanent and create a massive, temporary tax incentive to encourage businesses to invest in new equipment, the White House confirmed Sept. 7. White House Press Secretary Robert Gibbs said the president will announce a plan to offer businesses the chance […]
Read more- September 10, 2010
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QuickBooks 2011 Saves Small Businesses Time in the Back Office
Small businesses will find more ways to save time with the latest version of best-selling QuickBooks® financial software from Intuit Inc. (Nasdaq:INTU – News). QuickBooks 2011 includes several new features that help small business owners find important data quickly when they need it, perform everyday tasks more efficiently and access essential business information remotely. The […]
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