A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation.

~ Ross Perot

Tax-Law For Individuals

Thursday, May 6, 2010  //  4 Comments  //  News

Alternative Minimum Tax (AMT) There are several changes affecting Alternative Minimum Tax for 2009. Child-Related Tax Changes Information on adoption benefits, child’s investment income, the definition of a qualifying child, and additional child tax credit. COBRA Premium Assistance P.L. 111-118 made changes to the COBRA premium assistance provisions. Decreased Estimated Tax Payments for Qualified Individuals [...]

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CPA vs Accountant/Bookkeeper

Thursday, May 6, 2010  //  1 Comment  //  News

A bookkeeper is a broad, basic job function in accounting usually without any formal education. By definition, it is someone who records the accounts or transactions of a business. The “books” refer to the financial records of a business whether actually kept in books or on computer software. The bookkeeper might also make bank deposits, [...]

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Four Rules of Finance

Thursday, May 6, 2010  //  0 Comments  //  News

One of the biggest (if not the biggest) determinants of how well your investment portfolio does is how you divide your assets into various investment vehicles. What percentage do you need in cash, stocks, bonds, real estate, and so on? It’s a difficult question to answer for many. But in this piece, the Motley Fool [...]

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Noteworthy Changes 2010

Thursday, May 6, 2010  //  0 Comments  //  News

The end of the year is now approaching and with the calendar’s change to 2010, we will also see a series of changes in federal tax laws. Certain tax deductions and benefits available to millions of Americans will no longer be available next year. Additionally, there are many changes to the rate structures, exemptions, phase [...]

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