Taxpayers who previously adopted 419, 412i, captive
insurance or Section 79 plans are in big trouble.
In recent years, the IRS has identified many of these arrangements as abusive devices to funnel tax deductible dollars to shareholders and classified these arrangements as listed transactions."
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IRS Attacks Business Owners in 419, 412, Section 79 and Captive Insurance Plans Under Section 6707A
Posted by LanceWallach under TaxesFrom http://www.taxaudit419.com 4979 days ago
4 Indulgences Your Business Can't Afford
Posted by maplesummit under FinanceFrom http://www.openforum.com 4979 days ago
Every business owner and entrepreneur is tempted to indulge, too. But instead of an extra scoop of chocolate peanut butter ice cream, small business owners indulge themselves with business spending that's counter-productive or worse.
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Second-tier cities don't always play second fiddle - The Globe and Mail
Posted by Geoff under FinanceFrom http://www.theglobeandmail.com 4979 days ago
When commercial property watchers and investors think about hot Canadian markets, they tend not to think about cities such as Saskatoon and St. John's. That could be a significant oversight, experts say.
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Business Bankruptcy Rates Down, D&B Reports
Posted by NetworkSolutions under FinanceFrom http://www.networksolutions.com 4979 days ago
There’s some good news for U.S. businesses in the most recent survey from D&B, CFO Magazine reports. Business failures are declining overall, with formal bankruptcy filings in 2010 down more than 5 percent compared to 2009.
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Should You Grow Your Business By Buying Another?
Posted by tuckerleroy under FinanceFrom http://www.openforum.com 4980 days ago
If you’re determined to expand your sales this year, you’ve probably brainstormed creative ways to achieve your goal. Ideas like breaking into new territories, adding to your products or services or expanding your team so you can serve more of your market are probably on that list. But you may not
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How To Tell If Your Accountant Is A Crook
Posted by stillwagon428 under FinanceFrom http://www.openforum.com 4980 days ago
Misconduct on the part of accountants and bookkeepers is an unfortunate reality. While most accountants and bookkeepers are honest and take their work seriously, the small number of bad apples justify taking a cautious approach.
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7 Signs Your Business Is In Trouble
Posted by sannwood under FinanceFrom http://www.openforum.com 4980 days ago
Like people, healthy businesses can become "sick" very fast. Things can change in a matter of months - more of this is likely to happen in the current weak economic recovery. So what are the early signs that your business is in trouble?
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External Market Forces that can Drive you out of Business
Posted by AngelBiz under FranchisesFrom http://www.angelbusinessadvisors.com 4981 days ago
Business owners who focus only on internal operations of their business without paying attention to external market forces can get hurt. The market forces will put them in oblivion in a few short years or even months. For small business owners it is even more important to stay vigilant and be ready
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Let Your Credit Cards Help You With Your Taxes
Posted by ivanpw under TaxesFrom http://www.moneyestate.com 4982 days ago
April 18th is fast approaching and your accountant has asked you to turn in receipts for all the business expenses you want to claim. There’s a handy little tool to record all your business expenses automatically: Your business credit card.
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4 Questions to Establish the ROI of a New Tool
Posted by thursdayb under FinanceFrom http://distractedenterprise.com 4983 days ago
When bringing a new tool into your office, it isn’t always obvious whether changing away from your old software or other tools to the new one will be all that effective, at least after you ad up the time and hassle that goes into making the switch.
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